Sunrise New Energy Stock Market Value
| EPOW Stock | USD 1.06 0.33 45.21% |
| Symbol | Sunrise |
Sunrise New Energy Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Sunrise New. If investors know Sunrise 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 Sunrise New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.08) | Revenue Per Share 1.758 | Quarterly Revenue Growth (0.13) | Return On Assets (0.15) | Return On Equity (0.55) |
The market value of Sunrise New Energy is measured differently than its book value, which is the value of Sunrise that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrise New's value that differs from its market value or its book value, called intrinsic value, which is Sunrise New'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 Sunrise New's market value can be influenced by many factors that don't directly affect Sunrise New'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 Sunrise New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrise New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrise New'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.
Sunrise New 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sunrise New's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sunrise New.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sunrise New on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Sunrise New Energy or generate 0.0% return on investment in Sunrise New over 30 days. Sunrise New is related to or competes with Espey Mfg, NeoVolta Warrant, Kimball Electronics, Hayward Holdings, Ads Tec, Polar Power, and CBAK Energy. Sunrise New Energy Co., Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-io... More
Sunrise New Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sunrise New's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sunrise New Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.84 | |||
| Information Ratio | 0.0097 | |||
| Maximum Drawdown | 19.64 | |||
| Value At Risk | (6.12) | |||
| Potential Upside | 6.6 |
Sunrise New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunrise New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunrise New's standard deviation. In reality, there are many statistical measures that can use Sunrise New historical prices to predict the future Sunrise New's volatility.| Risk Adjusted Performance | 0.0319 | |||
| Jensen Alpha | 0.204 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | (2.18) |
Sunrise New Energy Backtested Returns
Sunrise New appears to be abnormally volatile, given 3 months investment horizon. Sunrise New Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0394, which indicates the firm had a 0.0394% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sunrise New Energy, which you can use to evaluate the volatility of the company. Please review Sunrise New's Semi Deviation of 3.37, coefficient of variation of 3321.22, and Risk Adjusted Performance of 0.0319 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sunrise New holds a performance score of 3. The entity has a beta of -0.0883, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sunrise New are expected to decrease at a much lower rate. During the bear market, Sunrise New is likely to outperform the market. Please check Sunrise New's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Sunrise New's existing price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Sunrise New Energy has weak reverse predictability. Overlapping area represents the amount of predictability between Sunrise New time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sunrise New Energy price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Sunrise New price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sunrise New Energy lagged returns against current returns
Autocorrelation, which is Sunrise New stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sunrise New's stock expected returns. We can calculate the autocorrelation of Sunrise New returns to help us make a trade decision. For example, suppose you find that Sunrise New has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sunrise New regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sunrise New stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunrise New stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunrise New stock over time.
Current vs Lagged Prices |
| Timeline |
Sunrise New Lagged Returns
When evaluating Sunrise New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunrise New stock have on its future price. Sunrise New autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sunrise New autocorrelation shows the relationship between Sunrise New stock current value and its past values and can show if there is a momentum factor associated with investing in Sunrise New Energy.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sunrise Stock Analysis
When running Sunrise New's price analysis, check to measure Sunrise New'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 Sunrise New is operating at the current time. Most of Sunrise New's value examination focuses on studying past and present price action to predict the probability of Sunrise New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunrise New's price. Additionally, you may evaluate how the addition of Sunrise New to your portfolios can decrease your overall portfolio volatility.