Sun Communities Stock Forecast - Simple Moving Average
| SUI Stock | USD 127.05 0.05 0.04% |
The Simple Moving Average forecasted value of Sun Communities on the next trading day is expected to be 127.05 with a mean absolute deviation of 1.87 and the sum of the absolute errors of 110.36. Sun Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sun Communities' historical fundamentals, such as revenue growth or operating cash flow patterns.
Sun |
Open Interest Against 2024-12-20 Sun Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sun Communities' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Sun Communities' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sun Communities stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Sun Communities' open interest, investors have to compare it to Sun Communities' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Sun Communities is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Sun. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Sun Communities Simple Moving Average Price Forecast For the 5th of December
Given 90 days horizon, the Simple Moving Average forecasted value of Sun Communities on the next trading day is expected to be 127.05 with a mean absolute deviation of 1.87, mean absolute percentage error of 6.04, and the sum of the absolute errors of 110.36.Please note that although there have been many attempts to predict Sun Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Sun Communities' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sun Communities Stock Forecast Pattern
| Backtest Sun Communities | Sun Communities Price Prediction | Buy or Sell Advice |
Sun Communities Forecasted Value
In the context of forecasting Sun Communities' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Sun Communities' downside and upside margins for the forecasting period are 125.43 and 128.67, respectively. We have considered Sun Communities' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Sun Communities stock data series using in forecasting. Note that when a statistical model is used to represent Sun Communities stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.2334 |
| Bias | Arithmetic mean of the errors | 0.3453 |
| MAD | Mean absolute deviation | 1.8706 |
| MAPE | Mean absolute percentage error | 0.0141 |
| SAE | Sum of the absolute errors | 110.365 |
Predictive Modules for Sun Communities
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sun Communities. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sun Communities' 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.
Other Forecasting Options for Sun Communities
For every potential investor in Sun, whether a beginner or expert, Sun Communities' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sun Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sun. Basic forecasting techniques help filter out the noise by identifying Sun Communities' price trends.Sun Communities Related Equities
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 Sun Communities stock to make a market-neutral strategy. Peer analysis of Sun Communities could also be used in its relative valuation, which is a method of valuing Sun Communities by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sun Communities Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sun Communities' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sun Communities' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sun Communities Market Strength Events
Market strength indicators help investors to evaluate how Sun Communities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sun Communities shares will generate the highest return on investment. By undertsting and applying Sun Communities stock market strength indicators, traders can identify Sun Communities entry and exit signals to maximize returns.
Sun Communities Risk Indicators
The analysis of Sun Communities' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sun Communities' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sun stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.26 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.57 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:Check out Historical Fundamental Analysis of Sun Communities to cross-verify your projections. For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Single-Family Residential REITs 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 Sun Communities. If investors know Sun 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 Sun Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.391 | Dividend Share 3.75 | Earnings Share 1.85 | Revenue Per Share 25.753 | Quarterly Revenue Growth (0.03) |
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' 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 Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' 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 Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' 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.