Suncorp Stock Forecast - Daily Balance Of Power
| SUN Stock | 19.37 0.07 0.36% |
Suncorp Stock Forecast is based on your current time horizon.
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Suncorp Trading Date Momentum
| On May 16 2023 Suncorp Group was traded for 11.43 at the closing time. The maximum traded price for the trading interval was 11.48 and the lowest daily price was 11.35 . The daily volume was recorded at 2.8 M. The volume of trading on 16th of May 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.44% . The trading price change to the closing price today is 3.40% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Suncorp
For every potential investor in Suncorp, whether a beginner or expert, Suncorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Suncorp Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Suncorp. Basic forecasting techniques help filter out the noise by identifying Suncorp's price trends.Suncorp 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 Suncorp stock to make a market-neutral strategy. Peer analysis of Suncorp could also be used in its relative valuation, which is a method of valuing Suncorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Suncorp Group 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 Suncorp'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 Suncorp's current price.| Cycle Indicators | ||
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Suncorp Market Strength Events
Market strength indicators help investors to evaluate how Suncorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suncorp shares will generate the highest return on investment. By undertsting and applying Suncorp stock market strength indicators, traders can identify Suncorp Group entry and exit signals to maximize returns.
Suncorp Risk Indicators
The analysis of Suncorp'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 Suncorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting suncorp 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.
| Mean Deviation | 0.7701 | |||
| Semi Deviation | 0.9546 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.25 | |||
| Downside Variance | 1.24 | |||
| Semi Variance | 0.9113 | |||
| Expected Short fall | (0.80) |
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.
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Additional Tools for Suncorp Stock Analysis
When running Suncorp's price analysis, check to measure Suncorp'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 Suncorp is operating at the current time. Most of Suncorp's value examination focuses on studying past and present price action to predict the probability of Suncorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncorp's price. Additionally, you may evaluate how the addition of Suncorp to your portfolios can decrease your overall portfolio volatility.