Sasol Stock Forecast - Rate Of Daily Change
| SSL Stock | USD 8.20 0.08 0.97% |
Sasol Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sasol stock prices and determine the direction of Sasol's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sasol's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sasol's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sasol's systematic risk associated with finding meaningful patterns of Sasol fundamentals over time.
Check out Historical Fundamental Analysis of Sasol to cross-verify your projections. Sasol |
Open Interest Against 2024-04-19 Sasol Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sasol's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Sasol's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sasol stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Sasol's open interest, investors have to compare it to Sasol's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Sasol is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Sasol. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Sasol 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 Sasol's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sasol's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Sasol.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.01 | 0.99 |
| Check Sasol Volatility | Backtest Sasol | Information Ratio |
Sasol Trading Date Momentum
| On April 19 2024 Sasol was traded for 8.20 at the closing time. Highest Sasol's price during the trading hours was 8.31 and the lowest price during the day was 8.14 . The net volume was 442.8 K. The overall trading history on the 19th of April did not result in any price rise and fall. The trading price change to current price is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Sasol to competition |
Other Forecasting Options for Sasol
For every potential investor in Sasol, whether a beginner or expert, Sasol's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sasol Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sasol. Basic forecasting techniques help filter out the noise by identifying Sasol's price trends.Sasol 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 Sasol stock to make a market-neutral strategy. Peer analysis of Sasol could also be used in its relative valuation, which is a method of valuing Sasol by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sasol 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 Sasol'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 Sasol's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sasol Market Strength Events
Market strength indicators help investors to evaluate how Sasol stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sasol shares will generate the highest return on investment. By undertsting and applying Sasol stock market strength indicators, traders can identify Sasol entry and exit signals to maximize returns.
| Accumulation Distribution | 9057.75 | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 8.23 | |||
| Day Typical Price | 8.22 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.08) |
Sasol Risk Indicators
The analysis of Sasol'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 Sasol's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sasol 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 | 2.32 | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.58 |
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.
Sasol Investors Sentiment
The influence of Sasol's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sasol. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sasol's public news can be used to forecast risks associated with an investment in Sasol. The trend in average sentiment can be used to explain how an investor holding Sasol can time the market purely based on public headlines and social activities around Sasol. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sasol's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sasol's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sasol's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sasol.
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 Sasol 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, Sasol's short interest history, or implied volatility extrapolated from Sasol options trading.
Currently Active Assets on Macroaxis
When determining whether Sasol is a strong investment it is important to analyze Sasol'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 Sasol's future performance. For an informed investment choice regarding Sasol Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Sasol to cross-verify your projections. For more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Sasol Stock analysis
When running Sasol's price analysis, check to measure Sasol'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 Sasol is operating at the current time. Most of Sasol's value examination focuses on studying past and present price action to predict the probability of Sasol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sasol's price. Additionally, you may evaluate how the addition of Sasol to your portfolios can decrease your overall portfolio volatility.
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Is Sasol'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 Sasol. If investors know Sasol 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 Sasol listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 12 | Earnings Share 0.69 | Revenue Per Share 438.314 | Quarterly Revenue Growth (0.09) |
The market value of Sasol is measured differently than its book value, which is the value of Sasol that is recorded on the company's balance sheet. Investors also form their own opinion of Sasol's value that differs from its market value or its book value, called intrinsic value, which is Sasol'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 Sasol's market value can be influenced by many factors that don't directly affect Sasol'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 Sasol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sasol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sasol'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.