Suncar Technology Group Stock Probability of Future Stock Price Finishing Under 8.94
| SDA Stock | 9.57 0.29 3.13% |
SunCar |
SunCar Technology Target Price Odds to finish below 8.94
The tendency of SunCar Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 8.94 or more in 90 days |
| 9.57 | 90 days | 8.94 | about 10.9 |
Based on a normal probability distribution, the odds of SunCar Technology to drop to 8.94 or more in 90 days from now is about 10.9 (This SunCar Technology Group probability density function shows the probability of SunCar Stock to fall within a particular range of prices over 90 days) . Probability of SunCar Technology price to stay between 8.94 and its current price of 9.57 at the end of the 90-day period is about 28.26 .
Considering the 90-day investment horizon SunCar Technology Group has a beta of -0.51. This usually implies as returns on the benchmark increase, returns on holding SunCar Technology are expected to decrease at a much lower rate. During a bear market, however, SunCar Technology Group is likely to outperform the market. Additionally SunCar Technology Group has an alpha of 0.0493, implying that it can generate a 0.0493 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SunCar Technology Price Density |
| Price |
Predictive Modules for SunCar Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SunCar Technology. 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 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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SunCar Technology is not an exception. The market had few large corrections towards the SunCar Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SunCar Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SunCar Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.51 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | 0 |
SunCar Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SunCar Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SunCar Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SunCar Technology generated a negative expected return over the last 90 days | |
| SunCar Technology has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 363.75 M. Reported Net Loss for the year was (26.91 M) with profit before taxes, overhead, and interest of 50.12 M. | |
| SunCar Technology generates negative cash flow from operations | |
| SunCar Technology has a poor financial position based on the latest SEC disclosures | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: SunCar Wins Bid to Provide Concierge Transportation Services for Shanghai Rural Commercial Banks Valued Clientele |
SunCar Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SunCar Stock often depends not only on the future outlook of the current and potential SunCar Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SunCar Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85.4 M | |
| Cash And Short Term Investments | 52.5 M |
SunCar Technology Technical Analysis
SunCar Technology's future price can be derived by breaking down and analyzing its technical indicators over time. SunCar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SunCar Technology Group. In general, you should focus on analyzing SunCar Stock price patterns and their correlations with different microeconomic environments and drivers.
SunCar Technology Predictive Forecast Models
SunCar Technology's time-series forecasting models is one of many SunCar Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SunCar Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about SunCar Technology
Checking the ongoing alerts about SunCar Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SunCar Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SunCar Technology generated a negative expected return over the last 90 days | |
| SunCar Technology has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 363.75 M. Reported Net Loss for the year was (26.91 M) with profit before taxes, overhead, and interest of 50.12 M. | |
| SunCar Technology generates negative cash flow from operations | |
| SunCar Technology has a poor financial position based on the latest SEC disclosures | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: SunCar Wins Bid to Provide Concierge Transportation Services for Shanghai Rural Commercial Banks Valued Clientele |
Check out SunCar Technology Backtesting, SunCar Technology Valuation, SunCar Technology Correlation, SunCar Technology Hype Analysis, SunCar Technology Volatility, SunCar Technology History as well as SunCar Technology Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Diversified Consumer Services 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.
Earnings Share (0.94) | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.274 | Return On Assets (0.20) | Return On Equity (1.28) |
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.