SunCar Technology Stock Forecast - Daily Balance Of Power
| SDA Stock | 8.30 0.67 8.78% |
SunCar Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SunCar Technology stock prices and determine the direction of SunCar Technology Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SunCar Technology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although SunCar Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of SunCar Technology's systematic risk associated with finding meaningful patterns of SunCar Technology fundamentals over time.
Check out Historical Fundamental Analysis of SunCar Technology to cross-verify your projections. SunCar |
Most investors in SunCar Technology cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the SunCar Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SunCar Technology's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of SunCar Technology Group market sensitivity to bulls and bears. It estimates the ability of SunCar Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SunCar Technology Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2321 | 0.5234 |
| Check SunCar Technology Volatility | Backtest SunCar Technology | Information Ratio |
SunCar Technology Trading Date Momentum
| On April 29 2024 SunCar Technology Group was traded for 8.30 at the closing time. Highest SunCar Technology's price during the trading hours was 8.88 and the lowest price during the day was 7.60 . The net volume was 523 K. The overall trading history on the 29th of April did not result in any price rise and fall. The trading price change to current price is 7.83% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare SunCar Technology to competition |
Other Forecasting Options for SunCar Technology
For every potential investor in SunCar, whether a beginner or expert, SunCar Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SunCar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SunCar. Basic forecasting techniques help filter out the noise by identifying SunCar Technology's price trends.SunCar Technology 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 SunCar Technology stock to make a market-neutral strategy. Peer analysis of SunCar Technology could also be used in its relative valuation, which is a method of valuing SunCar Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SunCar Technology 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 SunCar Technology's 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 SunCar Technology's current price.| Cycle Indicators | ||
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| Volume Indicators |
SunCar Technology Market Strength Events
Market strength indicators help investors to evaluate how SunCar Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SunCar Technology shares will generate the highest return on investment. By undertsting and applying SunCar Technology stock market strength indicators, traders can identify SunCar Technology Group entry and exit signals to maximize returns.
SunCar Technology Risk Indicators
The analysis of SunCar Technology's 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 SunCar Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting suncar 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 | 3.56 | |||
| Standard Deviation | 5.05 | |||
| Variance | 25.54 |
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 SunCar Technology is a strong investment it is important to analyze SunCar Technology'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 SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:Check out Historical Fundamental Analysis of SunCar Technology to cross-verify your projections. Note that the SunCar Technology information on this page should be used as a complementary analysis to other SunCar Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for SunCar Stock analysis
When running SunCar Technology's price analysis, check to measure SunCar Technology'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 SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.
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Is SunCar Technology's industry 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 (0.10) | Revenue Per Share 1.405 | Quarterly Revenue Growth 0.278 | Return On Assets (0.05) | Return On Equity (0.31) |
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.