Sunny Optical (UK) Price on March 21, 2024

0Z4I Stock   68.90  2.95  4.11%   
Below is the normalized historical share price chart for Sunny Optical Technology extending back to February 26, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sunny Optical stands at 68.90, as last reported on the 25th of December, with the highest price reaching 68.90 and the lowest price hitting 68.30 during the day.
200 Day MA
67.3057
50 Day MA
55.0557
Beta
0.986
 
Covid
If you're considering investing in Sunny Stock, it is important to understand the factors that can impact its price. Sunny Optical appears to be very steady, given 3 months investment horizon. Sunny Optical Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Sunny Optical's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Sunny Optical's Coefficient Of Variation of 549.73, risk adjusted performance of 0.1534, and Semi Deviation of 3.03 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Sunny Optical's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.1 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 243 M in 2024. . Sunny Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1477

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Estimated Market Risk

 3.86
  actual daily
34
66% of assets are more volatile

Expected Return

 0.57
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Sunny Optical is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sunny Optical by adding it to a well-diversified portfolio.
Book Value
21.149
Enterprise Value
65.2 B
Price Sales
2.1269
Shares Float
667.9 M
Shares Outstanding
1.1 B

Sunny Optical Main Headline on 21st of March 2024

Dovish Federal Reserve Sends Asian Stock Markets Higher TradingView

Sunny Optical Valuation on March 21, 2024

It is possible to determine the worth of Sunny Optical on a given historical date. On March 21, 2024 Sunny was worth 47.61 at the beginning of the trading date compared to the closed value of 54.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunny Optical stock. Still, in general, we apply an absolute valuation method to find Sunny Optical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sunny Optical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunny Optical's related companies.
 Open High Low Close Volume
  54.07    54.07    53.87    53.87    3.00  
03/21/2024
  47.61    54.14    46.42    54.14    12,257  
  43.23    44.02    43.08    43.26    1,502,340  
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Open Value
47.61
54.14
Closing Value
59.20
Upside

Sunny Optical Trading Date Momentum on March 21, 2024

On March 22 2024 Sunny Optical Technology was traded for  43.26  at the closing time. The highest price during the trading period was 44.02  and the lowest recorded bid was listed for  43.08 . The volume for the day was 1.5 M. This history from March 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 20.10% . The trading price change to the current price is 24.75% .

Sunny Optical Technology Fundamentals Correlations and Trends

By evaluating Sunny Optical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunny Optical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunny financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sunny Optical Stock history

Sunny Optical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sunny is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunny Optical Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sunny Optical stock prices may prove useful in developing a viable investing in Sunny Optical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 B1.1 B
Net Income Applicable To Common Shares2.8 B3.6 B

Sunny Optical Stock Technical Analysis

Sunny Optical 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.
A focus of Sunny Optical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sunny Optical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sunny Optical Period Price Range

Low
December 25, 2024
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Sunny Optical Technology cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sunny Optical December 25, 2024 Market Strength

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

Sunny Optical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sunny Optical's price direction in advance. Along with the technical and fundamental analysis of Sunny Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunny to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Sunny Stock Analysis

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