Societe Generale Adr Stock Probability of Future Pink Sheet Price Finishing Over 8.06
| SCGLY Stock | USD 5.24 0.10 1.87% |
Societe |
Societe Generale Target Price Odds to finish over 8.06
The tendency of Societe Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 8.06 or more in 90 days |
| 5.24 | 90 days | 8.06 | close to zero percent |
Based on a normal probability distribution, the odds of Societe Generale to move over $ 8.06 or more in 90 days from now is close to zero percent (This Societe Generale ADR probability density function shows the probability of Societe Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Societe Generale ADR price to stay between its current price of $ 5.24 and $ 8.06 at the end of the 90-day period is about 31.62 .
Assuming the 90 days horizon Societe Generale has a beta of 0.91. This usually implies Societe Generale ADR market returns are sensitive to returns on the market. As the market goes up or down, Societe Generale is expected to follow. Additionally Societe Generale ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Societe Generale Price Density |
| Price |
Predictive Modules for Societe Generale
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Societe Generale ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Societe Generale's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Societe Generale Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Societe Generale is not an exception. The market had few large corrections towards the Societe Generale's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Societe Generale ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Societe Generale within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 0.91 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.04 |
Societe Generale Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Societe Pink Sheet often depends not only on the future outlook of the current and potential Societe Generale's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Societe Generale's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 793.8 M |
Societe Generale Technical Analysis
Societe Generale's future price can be derived by breaking down and analyzing its technical indicators over time. Societe Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Societe Generale ADR. In general, you should focus on analyzing Societe Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Societe Generale Predictive Forecast Models
Societe Generale's time-series forecasting models is one of many Societe Generale's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Societe Generale's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Societe Generale in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Societe Generale's short interest history, or implied volatility extrapolated from Societe Generale options trading.
Check out Societe Generale Backtesting, Societe Generale Valuation, Societe Generale Correlation, Societe Generale Hype Analysis, Societe Generale Volatility, Societe Generale History as well as Societe Generale Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |