Savola (Saudi Arabia) Chance of Future Stock Price Finishing Over 37.50
| 2050 Stock | SAR 37.50 0.60 1.63% |
Savola |
Savola Target Price Odds to finish over 37.50
The tendency of Savola Stock 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 above the current price in 90 days |
| 37.50 | 90 days | 37.50 | about 16.85 |
Based on a normal probability distribution, the odds of Savola to move above the current price in 90 days from now is about 16.85 (This Savola Group probability density function shows the probability of Savola Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Savola Group has a beta of -0.13. This suggests as returns on benchmark increase, returns on holding Savola are expected to decrease at a much lower rate. During the bear market, however, Savola Group is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Savola Group is significantly underperforming NYSE Composite. Savola Price Density |
| Price |
Predictive Modules for Savola
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Savola Group. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of Savola'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. Please use the tools below to analyze the current value of Savola in the context of predictive analytics.
Savola Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Savola is not an exception. The market had few large corrections towards the Savola'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 Savola Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Savola within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | -0.13 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | -0.03 |
Savola Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Savola for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Savola Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Savola Group is unlikely to experience financial distress in the next 2 years | |
| Savola Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 8.43 B in total debt with debt to equity ratio (D/E) of 156.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Savola Group has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Savola until it has trouble settling it off, either with new capital or with free cash flow. So, Savola's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Savola Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Savola to invest in growth at high rates of return. When we think about Savola's use of debt, we should always consider it together with cash and equity. | |
| About 19.0% of Savola shares are owned by insiders or employees |
Savola 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 Savola Stock often depends not only on the future outlook of the current and potential Savola'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. Savola's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 534 M | |
| Cash And Short Term Investments | 1.4 B |
Savola Technical Analysis
Savola's future price can be derived by breaking down and analyzing its technical indicators over time. Savola Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Savola Group. In general, you should focus on analyzing Savola Stock price patterns and their correlations with different microeconomic environments and drivers.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Savola Predictive Forecast Models
Savola's time-series forecasting models is one of many Savola's stock 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 Savola'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 stock market movement and maximize returns from investment trading.
Things to note about Savola Group
Checking the ongoing alerts about Savola for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Savola Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Savola Group is unlikely to experience financial distress in the next 2 years | |
| Savola Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 8.43 B in total debt with debt to equity ratio (D/E) of 156.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Savola Group has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Savola until it has trouble settling it off, either with new capital or with free cash flow. So, Savola's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Savola Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Savola to invest in growth at high rates of return. When we think about Savola's use of debt, we should always consider it together with cash and equity. | |
| About 19.0% of Savola shares are owned by insiders or employees |
Check out Savola Backtesting, Savola Valuation, Savola Correlation, Savola Hype Analysis, Savola Volatility, Savola History as well as Savola Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Savola Stock analysis
When running Savola's price analysis, check to measure Savola'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 Savola is operating at the current time. Most of Savola's value examination focuses on studying past and present price action to predict the probability of Savola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Savola's price. Additionally, you may evaluate how the addition of Savola to your portfolios can decrease your overall portfolio volatility.
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