NASA spacecraft attempts closest-ever approach to the sun
| SUN Stock | USD 54.59 0.12 0.22% |
About 62% of Sunoco LP's investor base is looking to short. The current sentiment of investing in Sunoco LP suggests that many traders are alarmed. Sunoco LP's investing sentiment overview a quick insight into current market opportunities from investing in Sunoco LP. Many technical investors use Sunoco LP stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Sunoco |
No human-made object has ever passed this close to a star, so Parker will truly be returning data from uncharted territory, Nick Pinkine, mission operations manager at Johns Hopkins Applied Physics Laboratory, said in a NASA blog. Parker was on course to fly 3.8 million miles from the suns surface at 653 a.m. EST . With the spacecraft out of contact, it will be Friday before mission operators confirm its health following the close flyby.
Read at aol.com
 |
Sunoco LP Fundamental Analysis
We analyze Sunoco LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunoco LP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunoco LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Sunoco LP is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Sunoco LP Potential Pair-trading
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 Sunoco LP stock to make a market-neutral strategy. Peer analysis of Sunoco LP could also be used in its relative valuation, which is a method of valuing Sunoco LP by comparing valuation metrics with similar companies.
Peers
Sunoco LP Related Equities
| SGU | Star Gas | 2.26 | ||||
| PBF | PBF Energy | 1.74 | ||||
| PARR | Par Pacific | 1.68 | ||||
| VLO | Valero Energy | 1.21 | ||||
| PSX | Phillips | 0.75 | ||||
| DKL | Delek Logistics | 0.71 | ||||
| MPC | Marathon Petroleum | 0.66 | ||||
| CAPL | Crossamerica Partners | 0.79 | ||||
| DK | Delek Energy | 1.05 | ||||
| DINO | HF Sinclair | 1.12 | ||||
| CVI | CVR Energy | 2.50 |
Check out Sunoco LP Hype Analysis, Sunoco LP Correlation and Sunoco LP Performance. To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Storage & Transportation 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 Sunoco LP. If investors know Sunoco 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 Sunoco LP 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 Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.