Sonae SGPS Stock Forecast - Price Action Indicator
| SON Stock | EUR 0.92 0.02 2.22% |
Sonae Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sonae SGPS stock prices and determine the direction of Sonae SGPS SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sonae SGPS's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Sonae SGPS to cross-verify your projections. Sonae |
Most investors in Sonae SGPS 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 Sonae SGPS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sonae SGPS'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 |
| (0.01) | 0.005 |
| Check Sonae SGPS Volatility | Backtest Sonae SGPS | Information Ratio |
Sonae SGPS Trading Date Momentum
| On April 24 2024 Sonae SGPS SA was traded for 0.92 at the closing time. The maximum traded price for the trading interval was 0.93 and the lowest daily price was 0.92 . The daily volume was recorded at 3.7 M. The volume of trading on 24th of April 2024 did not result in any price rise and fall. The trading price change to the closing price today is 1.09% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Sonae SGPS to competition |
Other Forecasting Options for Sonae SGPS
For every potential investor in Sonae, whether a beginner or expert, Sonae SGPS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sonae Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sonae. Basic forecasting techniques help filter out the noise by identifying Sonae SGPS's price trends.Sonae SGPS 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 Sonae SGPS stock to make a market-neutral strategy. Peer analysis of Sonae SGPS could also be used in its relative valuation, which is a method of valuing Sonae SGPS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sonae SGPS SA 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 Sonae SGPS'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 Sonae SGPS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sonae SGPS Market Strength Events
Market strength indicators help investors to evaluate how Sonae SGPS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonae SGPS shares will generate the highest return on investment. By undertsting and applying Sonae SGPS stock market strength indicators, traders can identify Sonae SGPS SA entry and exit signals to maximize returns.
Sonae SGPS Risk Indicators
The analysis of Sonae SGPS'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 Sonae SGPS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sonae 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 | 0.7683 | |||
| Semi Deviation | 0.7612 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 | |||
| Downside Variance | 1.8 | |||
| Semi Variance | 0.5794 | |||
| Expected Short fall | (1.55) |
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.
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 Sonae SGPS 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, Sonae SGPS's short interest history, or implied volatility extrapolated from Sonae SGPS options trading.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of Sonae SGPS to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Sonae Stock analysis
When running Sonae SGPS's price analysis, check to measure Sonae SGPS'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 Sonae SGPS is operating at the current time. Most of Sonae SGPS's value examination focuses on studying past and present price action to predict the probability of Sonae SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonae SGPS's price. Additionally, you may evaluate how the addition of Sonae SGPS to your portfolios can decrease your overall portfolio volatility.
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