Societe Generale Pink Sheet Forecast - Price Action Indicator
| SCGLY Stock | USD 5.96 0.22 3.83% |
Societe Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Societe Generale stock prices and determine the direction of Societe Generale ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Societe Generale's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Societe Generale to cross-verify your projections. Societe |
Most investors in Societe Generale 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 Societe Generale's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Societe Generale's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.045 | 0.13 |
| Check Societe Generale Volatility | Backtest Societe Generale | Information Ratio |
Societe Generale Trading Date Momentum
| On May 16 2024 Societe Generale ADR was traded for 5.96 at the closing time. The highest daily price throughout the period was 5.97 and the lowest price was 5.91 . There was no trading activity during the period 0.0. Lack of trading volume on 05/16/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.84% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Societe Generale
For every potential investor in Societe, whether a beginner or expert, Societe Generale's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Societe Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Societe. Basic forecasting techniques help filter out the noise by identifying Societe Generale's price trends.Societe Generale 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 Societe Generale pink sheet to make a market-neutral strategy. Peer analysis of Societe Generale could also be used in its relative valuation, which is a method of valuing Societe Generale by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Societe Generale ADR Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Societe Generale'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 Societe Generale's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Societe Generale Market Strength Events
Market strength indicators help investors to evaluate how Societe Generale pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Societe Generale shares will generate the highest return on investment. By undertsting and applying Societe Generale pink sheet market strength indicators, traders can identify Societe Generale ADR entry and exit signals to maximize returns.
Societe Generale Risk Indicators
The analysis of Societe Generale'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 Societe Generale's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting societe pink sheet 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 | 1.07 | |||
| Semi Deviation | 1.33 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.18 | |||
| Downside Variance | 3.08 | |||
| Semi Variance | 1.77 | |||
| Expected Short fall | (1.22) |
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.
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Check out Historical Fundamental Analysis of Societe Generale to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Societe Pink Sheet analysis
When running Societe Generale's price analysis, check to measure Societe Generale'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 Societe Generale is operating at the current time. Most of Societe Generale's value examination focuses on studying past and present price action to predict the probability of Societe Generale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Societe Generale's price. Additionally, you may evaluate how the addition of Societe Generale to your portfolios can decrease your overall portfolio volatility.
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