Suncar Technology Group Stock Today
| SDA Stock | 8.30 0.67 8.78% |
Performance0 of 100
| Odds Of DistressLess than 29
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SunCar Technology is trading at 8.30 as of the 30th of April 2024, a 8.78 percent up since the beginning of the trading day. The stock's open price was 7.63. SunCar Technology has about a 29 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. SunCar Technology symbol was changed from GBRG on 18th of May 2023. Equity ratings for SunCar Technology Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 17th of May 2023 | Category Consumer Cyclical | Classification Consumer Discretionary |
SunCar Technology is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 38.48 M outstanding shares of which 120.42 K shares are at this time shorted by investors with about 0.44 days to cover. More on SunCar Technology Group
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SunCar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SunCar Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SunCar Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Older Symbol | GBRG | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Chairman CEO | Zaichang Ye | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Personal Services (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | SpeedCast International Ltd | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Internet & Direct Marketing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, HNX Construction, HNX, HNX MidSmall Cap, NASDAQ Composite, Personal Services, Consumer Discretionary, Internet & Direct Marketing Retail, Auto Parts, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering SunCar Technology report their recommendations after researching SunCar Technology's financial statements, talking to executives and customers, or listening in on SunCar Technology's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering SunCar Technology. The SunCar consensus assessment is calculated by taking the average forecast from all of the analysts covering SunCar Technology. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from SunCar Technology's financial statements, SunCar Technology Group may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of SunCar Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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SunCar Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SunCar Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SunCar Technology's financial leverage. It provides some insight into what part of SunCar Technology's total assets is financed by creditors.
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SunCar Technology Group (SDA) is traded on NASDAQ Exchange in USA. It is located in Suncar Auto Building, Shanghai, China, 200072 and employs 14 people. SunCar Technology Group was previously known as Goldenbridge Acquisition and was traded on NASDAQ Exchange under the symbol GBRG. SunCar Technology is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 704.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SunCar Technology's market, we take the total number of its shares issued and multiply it by SunCar Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SunCar Technology runs under Internet & Direct Marketing Retail sector within Consumer Discretionary industry. The entity has 38.48 M outstanding shares of which 120.42 K shares are at this time shorted by investors with about 0.44 days to cover.
SunCar Technology generates negative cash flow from operations
Check SunCar Technology Probability Of Bankruptcy
Ownership AllocationSunCar Technology shows a total of 38.48 Million outstanding shares. SunCar Technology maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SunCar Ownership Details
SunCar Stock Price Odds Analysis
What are SunCar Technology's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SunCar Technology jumping above the current price in 90 days from now is about 5.01%. The SunCar Technology Group probability density function shows the probability of SunCar Technology stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.466. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SunCar Technology will likely underperform. Additionally, sunCar Technology Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SunCar Technology to move above the current price in 90 days from now is about 5.01 (This SunCar Technology Group probability density function shows the probability of SunCar Stock to fall within a particular range of prices over 90 days) .
SunCar Technology Historical Income Statement
SunCar Technology Group Income Statement is one of the three primary financial statements used for reporting SunCar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of SunCar Technology revenue and expense. SunCar Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, SunCar Technology's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 45.6 M, whereas Income Before Tax is projected to grow to (9.1 M). View More FundamentalsSunCar Stock Against Markets
Picking the right benchmark for SunCar Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SunCar Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SunCar Technology is critical whether you are bullish or bearish towards SunCar Technology Group at a given time. Please also check how SunCar Technology's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SunCar Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SunCar Technology Corporate Directors
SunCar Technology corporate directors refer to members of a SunCar Technology board of directors. The board of directors generally takes responsibility for the SunCar Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SunCar Technology's board members must vote for the resolution. The SunCar Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kim Nguyen | General Director, Member of the Board of Management | Profile | |
| Thach Nguyen | Deputy General Director | Profile | |
| Bohong Du | CFO Director | Profile | |
| Dat Nguyen | Deputy General Director | Profile |
How to buy SunCar Stock?
Before investing in SunCar Technology, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SunCar Technology. To buy SunCar Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SunCar Technology. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SunCar Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SunCar Technology Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SunCar Technology Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SunCar Technology Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SunCar Stock please use our How to Invest in SunCar Technology guide.
Already Invested in SunCar Technology Group?
The danger of trading SunCar Technology Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SunCar Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SunCar Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SunCar Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.