Sunny Optical (UK) Price on March 22, 2024
| 0Z4I Stock | 68.90 0.40 0.58% |
Below is the normalized historical share price chart for Sunny Optical Technology extending back to February 26, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sunny Optical stands at 68.90, as last reported on the 27th of December, with the highest price reaching 68.90 and the lowest price hitting 68.30 during the day.
If you're considering investing in Sunny Stock, it is important to understand the factors that can impact its price. Sunny Optical appears to be very steady, given 3 months investment horizon. Sunny Optical Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0962, which indicates the firm had a 0.0962% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sunny Optical Technology, which you can use to evaluate the volatility of the company. Please review Sunny Optical's Semi Deviation of 3.03, risk adjusted performance of 0.1524, and Coefficient Of Variation of 549.73 to confirm if our risk estimates are consistent with your expectations.
At this time, Sunny Optical's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.1 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 243 M in 2024. . Sunny Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 67.3057 | 50 Day MA 55.0557 | Beta 0.986 |
Sunny |
Sharpe Ratio = 0.0962
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Estimated Market Risk
| 3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Sunny Optical is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sunny Optical by adding it to a well-diversified portfolio.
Book Value 21.149 | Enterprise Value 65.2 B | Price Sales 2.1269 | Shares Float 667.9 M | Shares Outstanding 1.1 B |
Sunny Optical Valuation on March 22, 2024
It is possible to determine the worth of Sunny Optical on a given historical date. On March 22, 2024 Sunny was worth 43.23 at the beginning of the trading date compared to the closed value of 43.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunny Optical stock. Still, in general, we apply an absolute valuation method to find Sunny Optical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sunny Optical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunny Optical's related companies.
| Open | High | Low | Close | Volume | |
| 47.61 | 54.14 | 46.42 | 54.14 | 12,257 | |
03/22/2024 | 43.23 | 44.02 | 43.08 | 43.26 | 1,502,340 |
| 42.78 | 42.78 | 42.70 | 42.70 | 459,720 |
| Backtest Sunny Optical | | | Sunny Optical History | | | Sunny Optical Valuation | Previous | Next |
Sunny Optical Trading Date Momentum on March 22, 2024
| On March 25 2024 Sunny Optical Technology was traded for 42.70 at the closing time. The highest price during the trading period was 42.78 and the lowest recorded bid was listed for 42.70 . The volume for the day was 459.7 K. This history from March 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.29% . The trading price change to the current price is 5.83% . |
Sunny Optical Technology Fundamentals Correlations and Trends
By evaluating Sunny Optical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunny Optical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunny financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunny Optical Stock history
Sunny Optical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sunny is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunny Optical Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sunny Optical stock prices may prove useful in developing a viable investing in Sunny Optical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 2.8 B | 3.6 B |
Sunny Optical Stock Technical Analysis
Sunny Optical 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.
Price Boundaries
Sunny Optical Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Sunny Optical Technology cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sunny Optical December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunny Optical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunny Optical shares will generate the highest return on investment. By undertsting and applying Sunny Optical stock market strength indicators, traders can identify Sunny Optical Technology entry and exit signals to maximize returns
Sunny Optical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunny Optical's price direction in advance. Along with the technical and fundamental analysis of Sunny Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunny to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1524 | |||
| Jensen Alpha | 0.7077 | |||
| Total Risk Alpha | 0.489 | |||
| Sortino Ratio | 0.1748 | |||
| Treynor Ratio | (5.81) |
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Additional Tools for Sunny Stock Analysis
When running Sunny Optical's price analysis, check to measure Sunny Optical'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 Sunny Optical is operating at the current time. Most of Sunny Optical's value examination focuses on studying past and present price action to predict the probability of Sunny Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Optical's price. Additionally, you may evaluate how the addition of Sunny Optical to your portfolios can decrease your overall portfolio volatility.