Suncar Technology Group Stock Technical Analysis
| SDA Stock | 7.98 0.28 3.64% |
As of the 17th of May 2024, SunCar Technology has the Risk Adjusted Performance of 0.0747, coefficient of variation of 900.72, and Semi Deviation of 3.29. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SunCar Technology, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen technical drivers for SunCar Technology Group, which can be compared to its competition. Please validate SunCar Technology treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if SunCar Technology is priced more or less accurately, providing market reflects its prevalent price of 7.98 per share. Given that SunCar Technology has jensen alpha of 0.2926, we advise you to double-check SunCar Technology Group's current market performance to make sure the company can sustain itself at a future point.
SunCar Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SunCar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SunCarSunCar |
SunCar Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
SunCar Technology Technical Analysis
The output start index for this execution was fourty-eight with a total number of output elements of thirteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SunCar Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SunCar Technology Trend Analysis
Use this graph to draw trend lines for SunCar Technology Group. You can use it to identify possible trend reversals for SunCar Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SunCar Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SunCar Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SunCar Technology Group applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that SunCar Technology Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 27.67, which is the sum of squared deviations for the predicted SunCar Technology price change compared to its average price change.About SunCar Technology Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SunCar Technology Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SunCar Technology Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SunCar Technology price pattern first instead of the macroeconomic environment surrounding SunCar Technology. By analyzing SunCar Technology's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SunCar Technology's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SunCar Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 19.84 | 0.13 | 1.15 | 1.1 | Receivables Turnover | 2.91 | 3.3 | 6.49 | 3.46 |
SunCar Technology May 17, 2024 Technical Indicators
Most technical analysis of SunCar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SunCar from various momentum indicators to cycle indicators. When you analyze SunCar charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0747 | |||
| Market Risk Adjusted Performance | 0.2773 | |||
| Mean Deviation | 3.25 | |||
| Semi Deviation | 3.29 | |||
| Downside Deviation | 3.86 | |||
| Coefficient Of Variation | 900.72 | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.24 | |||
| Information Ratio | 0.0855 | |||
| Jensen Alpha | 0.2926 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0945 | |||
| Treynor Ratio | 0.2673 | |||
| Maximum Drawdown | 20.12 | |||
| Value At Risk | (6.22) | |||
| Potential Upside | 8.78 | |||
| Downside Variance | 14.93 | |||
| Semi Variance | 10.83 | |||
| Expected Short fall | (3.59) | |||
| Skewness | 0.419 | |||
| Kurtosis | 0.2012 |
SunCar Technology May 17, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SunCar stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 20,117 | ||
| Daily Balance Of Power | 0.35 | ||
| Rate Of Daily Change | 1.04 | ||
| Day Median Price | 7.99 | ||
| Day Typical Price | 7.98 | ||
| Price Action Indicator | 0.14 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the SunCar Technology information on this page should be used as a complementary analysis to other SunCar Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for SunCar Stock analysis
When running SunCar Technology's price analysis, check to measure SunCar Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.
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Is SunCar Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SunCar Technology. If investors know SunCar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.31) | Revenue Per Share 4.257 | Quarterly Revenue Growth 0.296 | Return On Assets (0.05) | Return On Equity (0.34) |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.