Sunoco LP 6 Chance of Future Bond Price Finishing Over 100.33
| 86765LAQ0 | 101.09 0.58 0.58% |
Sunoco |
Sunoco Target Price Odds to finish over 100.33
The tendency of Sunoco Bond 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 stay above 100.33 in 90 days |
| 101.09 | 90 days | 100.33 | about 32.17 |
Based on a normal probability distribution, the odds of Sunoco to stay above 100.33 in 90 days from now is about 32.17 (This Sunoco LP 6 probability density function shows the probability of Sunoco Bond to fall within a particular range of prices over 90 days) . Probability of Sunoco LP 6 price to stay between 100.33 and its current price of 101.09 at the end of the 90-day period is about 29.1 .
Assuming the 90 days trading horizon Sunoco LP 6 has a beta of -0.0584. This usually implies as returns on the benchmark increase, returns on holding Sunoco are expected to decrease at a much lower rate. During a bear market, however, Sunoco LP 6 is likely to outperform the market. Additionally Sunoco LP 6 has an alpha of 0.0123, implying that it can generate a 0.0123 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sunoco Price Density |
| Price |
Predictive Modules for Sunoco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunoco LP 6. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.Sunoco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunoco is not an exception. The market had few large corrections towards the Sunoco'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 Sunoco LP 6, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunoco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.16 |
Sunoco Technical Analysis
Sunoco's future price can be derived by breaking down and analyzing its technical indicators over time. Sunoco Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunoco LP 6. In general, you should focus on analyzing Sunoco Bond price patterns and their correlations with different microeconomic environments and drivers.
Sunoco Predictive Forecast Models
Sunoco's time-series forecasting models is one of many Sunoco's bond 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 Sunoco'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 bond market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sunoco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sunoco's short interest history, or implied volatility extrapolated from Sunoco options trading.
Other Information on Investing in Sunoco Bond
Sunoco financial ratios help investors to determine whether Sunoco Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sunoco with respect to the benefits of owning Sunoco security.