Suncor Energy Stock Forecast - Accumulation Distribution

SU Stock  USD 39.55  0.01  0.03%   
Suncor Stock Forecast is based on your current time horizon.
  
At this time, Suncor Energy's Receivables Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 0.80 in 2024, whereas Inventory Turnover is likely to drop 5.04 in 2024. . Common Stock Shares Outstanding is likely to gain to about 1.3 B in 2024. Net Income Applicable To Common Shares is likely to gain to about 11 B in 2024.
On November 18, 2024 Suncor Energy had Accumulation Distribution of 51638.78. The accumulation distribution (A/D) indicator shows the degree to which Suncor Energy is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Suncor Energy to determine if accumulation or reduction is taking place in the market. This value is adjusted by Suncor Energy trading volume to give more weight to distributions with higher volume over lower volume.
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Suncor Energy Trading Date Momentum

On November 19 2024 Suncor Energy was traded for  40.98  at the closing time. The highest price during the trading period was 40.98  and the lowest recorded bid was listed for  40.27 . The volume for the day was 3.2 M. This history from November 19, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.42% . The trading price change to the current price is 1.79% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Suncor Energy

For every potential investor in Suncor, whether a beginner or expert, Suncor Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Suncor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Suncor. Basic forecasting techniques help filter out the noise by identifying Suncor Energy's price trends.

Suncor Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Suncor Energy stock to make a market-neutral strategy. Peer analysis of Suncor Energy could also be used in its relative valuation, which is a method of valuing Suncor Energy by comparing valuation metrics with similar companies.
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Suncor Energy Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Suncor Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Suncor Energy's current price.

Suncor Energy Market Strength Events

Market strength indicators help investors to evaluate how Suncor Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suncor Energy shares will generate the highest return on investment. By undertsting and applying Suncor Energy stock market strength indicators, traders can identify Suncor Energy entry and exit signals to maximize returns.

Suncor Energy Risk Indicators

The analysis of Suncor Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Suncor Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting suncor stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Suncor Stock Analysis

When running Suncor Energy's price analysis, check to measure Suncor Energy'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 Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.