Sunopta Stock Market Value
| SOY Stock | CAD 7.79 0.10 1.30% |
| Symbol | SunOpta |
SunOpta Price To Book Ratio
SunOpta '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 SunOpta'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 SunOpta.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in SunOpta on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding SunOpta or generate 0.0% return on investment in SunOpta over 90 days. SunOpta is related to or competes with Winpak, Canaccord Genuity, Altus Group, and Martinrea International. SunOpta Inc. manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodserv... More
SunOpta 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 SunOpta'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 SunOpta upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (5.53) | |||
| Potential Upside | 2.59 |
SunOpta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SunOpta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SunOpta's standard deviation. In reality, there are many statistical measures that can use SunOpta historical prices to predict the future SunOpta's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.58) |
SunOpta Backtested Returns
SunOpta owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2 % return per unit of risk over the last 3 months. SunOpta exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SunOpta's Risk Adjusted Performance of (0.16), variance of 6.56, and Coefficient Of Variation of (509.17) to confirm the risk estimate we provide. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. SunOpta returns are very sensitive to returns on the market. As the market goes up or down, SunOpta is expected to follow. At this point, SunOpta has a negative expected return of -0.53%. Please make sure to validate SunOpta's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if SunOpta performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
SunOpta has modest predictability. Overlapping area represents the amount of predictability between SunOpta time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 SunOpta price movement. The serial correlation of 0.51 indicates that about 51.0% of current SunOpta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
SunOpta lagged returns against current returns
Autocorrelation, which is SunOpta 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 SunOpta's stock expected returns. We can calculate the autocorrelation of SunOpta returns to help us make a trade decision. For example, suppose you find that SunOpta 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 |
SunOpta 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 SunOpta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SunOpta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SunOpta stock over time.
Current vs Lagged Prices |
| Timeline |
SunOpta Lagged Returns
When evaluating SunOpta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SunOpta stock have on its future price. SunOpta 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, SunOpta autocorrelation shows the relationship between SunOpta stock current value and its past values and can show if there is a momentum factor associated with investing in SunOpta.
Regressed Prices |
| Timeline |
When determining whether SunOpta is a strong investment it is important to analyze SunOpta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunOpta's future performance. For an informed investment choice regarding SunOpta Stock, refer to the following important reports:
Check out SunOpta Correlation, SunOpta Volatility and SunOpta Alpha and Beta module to complement your research on SunOpta. To learn how to invest in SunOpta Stock, please use our How to Invest in SunOpta guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
SunOpta 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.