Sunedison Stock Probability of Future Stock Price Finishing Over 32.40
| SUNE Stock | 2.82 0.03 1.05% |
Sunedison |
Sunedison Target Price Odds to finish over 32.40
The tendency of Sunedison 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 move over 32.40 or more in 90 days |
| 2.82 | 90 days | 32.40 | close to zero percent |
Based on a normal probability distribution, the odds of Sunedison to move over 32.40 or more in 90 days from now is close to zero percent (This Sunedison probability density function shows the probability of Sunedison Stock to fall within a particular range of prices over 90 days) . Probability of Sunedison price to stay between its current price of 2.82 and 32.40 at the end of the 90-day period is about 86.96 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.16 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sunedison will likely underperform. Additionally Sunedison has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sunedison Price Density |
| Price |
Predictive Modules for Sunedison
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunedison. 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.Sunedison Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunedison is not an exception. The market had few large corrections towards the Sunedison's 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 Sunedison, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunedison within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.71 | |
β | Beta against Dow Jones | 2.16 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | -0.16 |
Sunedison 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 Sunedison for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunedison can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunedison generated a negative expected return over the last 90 days | |
| Sunedison has high historical volatility and very poor performance | |
| Sunedison has high likelihood to experience some financial distress in the next 2 years | |
| Sunedison was previously known as Pineapple Holdings and was traded on NASDAQ Exchange under the symbol PEGY. | |
| Net Loss for the year was (1.18 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sunedison currently holds about 1.26 B in cash with (770 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.56, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sunedison has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: SUNation Energy Names Scott Maskin Chief Executive Officer |
Sunedison Technical Analysis
Sunedison's future price can be derived by breaking down and analyzing its technical indicators over time. Sunedison Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunedison. In general, you should focus on analyzing Sunedison Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunedison Predictive Forecast Models
Sunedison's time-series forecasting models is one of many Sunedison's 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 Sunedison's 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 Sunedison
Checking the ongoing alerts about Sunedison for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunedison help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunedison generated a negative expected return over the last 90 days | |
| Sunedison has high historical volatility and very poor performance | |
| Sunedison has high likelihood to experience some financial distress in the next 2 years | |
| Sunedison was previously known as Pineapple Holdings and was traded on NASDAQ Exchange under the symbol PEGY. | |
| Net Loss for the year was (1.18 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sunedison currently holds about 1.26 B in cash with (770 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.56, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sunedison has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: SUNation Energy Names Scott Maskin Chief Executive Officer |
Check out Sunedison Backtesting, Sunedison Valuation, Sunedison Correlation, Sunedison Hype Analysis, Sunedison Volatility, Sunedison History as well as Sunedison Performance. For information on how to trade Sunedison Stock refer to our How to Trade Sunedison Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Electronic Equipment 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 Sunedison. If investors know Sunedison 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 Sunedison 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 Sunedison is measured differently than its book value, which is the value of Sunedison that is recorded on the company's balance sheet. Investors also form their own opinion of Sunedison's value that differs from its market value or its book value, called intrinsic value, which is Sunedison'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 Sunedison's market value can be influenced by many factors that don't directly affect Sunedison'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 Sunedison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunedison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunedison'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.