Sunworks plunges on 3.3M stock offering
Slightly above 67% of Sunworks' investor base is looking to short. The analysis of current outlook of investing in Sunworks suggests that many traders are alarmed regarding Sunworks' prospects. Sunworks' investing sentiment can be driven by a variety of factors including economic data, Sunworks' earnings reports, geopolitical events, and overall market trends.
Sunworks |
Sunworks -15.2 percent pre-market Wednesday after announcing an agreement with a single institutional investor for the purchase and sale of 3.3M common shares at 1.00share in a...
Read at seekingalpha.com
 |
Sunworks Fundamental Analysis
We analyze Sunworks' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunworks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunworks 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Sunworks is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Sunworks 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 Sunworks stock to make a market-neutral strategy. Peer analysis of Sunworks could also be used in its relative valuation, which is a method of valuing Sunworks by comparing valuation metrics with similar companies.
Peers
Sunworks Related Equities
| SEDG | SolarEdge Technologies | 5.31 | ||||
| JKS | JinkoSolar Holding | 0.88 | ||||
| FSLR | First Solar | 0.25 | ||||
| CSIQ | Canadian Solar | 0.88 | ||||
| ENPH | Enphase Energy | 1.31 | ||||
| RUN | Sunrun | 1.79 | ||||
| MAXN | Maxeon Solar | 5.56 | ||||
| NOVA | Sunnova Energy | 11.78 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Sunworks Stock
If you are still planning to invest in Sunworks check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sunworks' history and understand the potential risks before investing.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |