Suncar Technology Group Stock Market Value
| SDAWW Stock | 0.19 0.01 5.56% |
| Symbol | SunCar |
Is Broadline Retail 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 SunCar Technology. If investors know SunCar 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 SunCar Technology 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 SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.
SunCar Technology '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 SunCar Technology'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 SunCar Technology.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in SunCar Technology on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding SunCar Technology Group or generate 0.0% return on investment in SunCar Technology over 30 days. SunCar Technology is related to or competes with CVR Partners, Balchem, Palomar Holdings, Braskem SA, Fidelity National, Old Republic, and Alto Ingredients. SunCar Technology is entity of United States More
SunCar Technology 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 SunCar Technology'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 SunCar Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.51 | |||
| Information Ratio | 0.0509 | |||
| Maximum Drawdown | 78.15 | |||
| Value At Risk | (13.16) | |||
| Potential Upside | 19.05 |
SunCar Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SunCar Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SunCar Technology's standard deviation. In reality, there are many statistical measures that can use SunCar Technology historical prices to predict the future SunCar Technology's volatility.| Risk Adjusted Performance | 0.0477 | |||
| Jensen Alpha | 0.5568 | |||
| Total Risk Alpha | 0.4912 | |||
| Sortino Ratio | 0.0487 | |||
| Treynor Ratio | 0.3256 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SunCar Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SunCar Technology Backtested Returns
SunCar Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. SunCar Technology Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SunCar Technology's Risk Adjusted Performance of 0.0477, semi deviation of 8.1, and Coefficient Of Variation of 1913.06 to confirm the risk estimate we provide. The entity has a beta of 1.74, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SunCar Technology will likely underperform. At this point, SunCar Technology has a negative expected return of -1.14%. Please make sure to validate SunCar Technology's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if SunCar Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
SunCar Technology Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SunCar Technology time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SunCar Technology price movement. The serial correlation of -0.75 indicates that around 75.0% of current SunCar Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SunCar Technology lagged returns against current returns
Autocorrelation, which is SunCar Technology 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 SunCar Technology's stock expected returns. We can calculate the autocorrelation of SunCar Technology returns to help us make a trade decision. For example, suppose you find that SunCar Technology 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 |
SunCar Technology 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 SunCar Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SunCar Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SunCar Technology stock over time.
Current vs Lagged Prices |
| Timeline |
SunCar Technology Lagged Returns
When evaluating SunCar Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SunCar Technology stock have on its future price. SunCar Technology 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, SunCar Technology autocorrelation shows the relationship between SunCar Technology stock current value and its past values and can show if there is a momentum factor associated with investing in SunCar Technology Group.
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 SunCar Stock Analysis
When running SunCar Technology's price analysis, check to measure SunCar Technology'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 SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.