Sunrise Communications Ag Stock Probability of Future Stock Price Finishing Under 33.54
| SNRE Stock | 47.81 0.70 1.49% |
Sunrise |
Sunrise Communications Target Price Odds to finish below 33.54
The tendency of Sunrise Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 33.54 or more in 90 days |
| 47.81 | 90 days | 33.54 | near 1 |
Based on a normal probability distribution, the odds of Sunrise Communications to drop to 33.54 or more in 90 days from now is near 1 (This Sunrise Communications AG probability density function shows the probability of Sunrise Stock to fall within a particular range of prices over 90 days) . Probability of Sunrise Communications price to stay between 33.54 and its current price of 47.81 at the end of the 90-day period is about 75.0 .
Given the investment horizon of 90 days Sunrise Communications AG has a beta of -0.23. This usually implies as returns on the benchmark increase, returns on holding Sunrise Communications are expected to decrease at a much lower rate. During a bear market, however, Sunrise Communications AG is likely to outperform the market. Additionally Sunrise Communications AG has an alpha of 0.1339, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sunrise Communications Price Density |
| Price |
Predictive Modules for Sunrise Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunrise Communications. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sunrise Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunrise Communications is not an exception. The market had few large corrections towards the Sunrise Communications' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sunrise Communications AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunrise Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 1.94 | |
Ir | Information ratio | 0.14 |
Sunrise Communications Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sunrise Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunrise Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunrise Communications AG was previously known as SNREV Old and was traded on NASDAQ Exchange under the symbol SNREV. | |
| Sunrise Communications AG currently holds 13.48 M in liabilities. Sunrise Communications has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sunrise Communications' use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sunrise Communications AG currently holds about 113.3 K in cash with (2.06 M) of positive cash flow from operations. |
Sunrise Communications Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sunrise Stock often depends not only on the future outlook of the current and potential Sunrise Communications' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sunrise Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Short Prior Month | 1 M |
Sunrise Communications Technical Analysis
Sunrise Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Sunrise Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunrise Communications AG. In general, you should focus on analyzing Sunrise Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunrise Communications Predictive Forecast Models
Sunrise Communications' time-series forecasting models is one of many Sunrise Communications' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sunrise Communications' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Sunrise Communications
Checking the ongoing alerts about Sunrise Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunrise Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunrise Communications AG was previously known as SNREV Old and was traded on NASDAQ Exchange under the symbol SNREV. | |
| Sunrise Communications AG currently holds 13.48 M in liabilities. Sunrise Communications has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sunrise Communications' use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sunrise Communications AG currently holds about 113.3 K in cash with (2.06 M) of positive cash flow from operations. |
Check out Sunrise Communications Backtesting, Sunrise Communications Valuation, Sunrise Communications Correlation, Sunrise Communications Hype Analysis, Sunrise Communications Volatility, Sunrise Communications History as well as Sunrise Communications Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Communication space 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 Sunrise Communications. If investors know Sunrise 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 Sunrise Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sunrise Communications is measured differently than its book value, which is the value of Sunrise that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrise Communications' value that differs from its market value or its book value, called intrinsic value, which is Sunrise Communications' 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 Sunrise Communications' market value can be influenced by many factors that don't directly affect Sunrise Communications' 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 Sunrise Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrise Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrise Communications' 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.