SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: QwikSand who wrote (33817)7/23/2000 12:08:57 AM
From: fuzzymath  Read Replies (3) of 64865
 
SUNW is still just a "Hold" according to this week's screening of the 1500 S&P stocks. This "Hold" is largely because volume has been declining, which is considered a bad sign in my methodology.

But, if you dig deeper, my analysis (http://www.MathematicalAnalysis.com/Stocks/SUNW.html) does point out some pretty interesting statistics. Despite its strong performance, my analysis considers SUNW's risk to be merely moderate. Its volatility is only a bit above that of most big stocks in my screening.

But where it stands out is in my new statistic that I call "Resilience". This is a measure of how a stock performs after a decline. Sun's Resilience measure is +0.86, meaning that the stock gained 0.86% on average the day after a decline during the past quarter. This is a very good number, suggesting in a mathematical manner what many of you have said: that SUNW is a great stock to buy on any dip.

SUNW looks very strong to me right now. Another statistic I have is the projected annual performance based on the 50-day moving average. This statistic predicts a 135% gain for SUNW over the next year. Hmm. Anyone up for SUNW at 250?

fuzzymath
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext