Sofina Socit (Belgium) Probability of Future Stock Price Finishing Over 245.96
| SOF Stock | EUR 211.60 1.60 0.75% |
Sofina |
Sofina Socit Target Price Odds to finish over 245.96
The tendency of Sofina 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 over € 245.96 or more in 90 days |
| 211.60 | 90 days | 245.96 | near 1 |
Based on a normal probability distribution, the odds of Sofina Socit to move over € 245.96 or more in 90 days from now is near 1 (This Sofina Socit Anonyme probability density function shows the probability of Sofina Stock to fall within a particular range of prices over 90 days) . Probability of Sofina Socit Anonyme price to stay between its current price of € 211.60 and € 245.96 at the end of the 90-day period is about 62.47 .
Assuming the 90 days trading horizon Sofina Socit Anonyme has a beta of -0.13. This usually implies as returns on the benchmark increase, returns on holding Sofina Socit are expected to decrease at a much lower rate. During a bear market, however, Sofina Socit Anonyme is likely to outperform the market. Additionally Sofina Socit Anonyme has an alpha of 0.1, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Sofina Socit Price Density |
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Predictive Modules for Sofina Socit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sofina Socit Anonyme. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Sofina Socit'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.
Sofina Socit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sofina Socit is not an exception. The market had few large corrections towards the Sofina Socit'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 Sofina Socit Anonyme, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sofina Socit within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.1 | |
β | Beta against NYSE Composite | -0.13 | |
σ | Overall volatility | 8.46 | |
Ir | Information ratio | 0.09 |
Sofina Socit 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 Sofina Socit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sofina Socit Anonyme can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sofina Socit Anonyme has accumulated about 887.53 M in cash with (540.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.41. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders |
Sofina Socit 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 Sofina Stock often depends not only on the future outlook of the current and potential Sofina Socit'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. Sofina Socit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.2 M | |
| Cash And Short Term Investments | 140.7 M |
Sofina Socit Technical Analysis
Sofina Socit's future price can be derived by breaking down and analyzing its technical indicators over time. Sofina Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sofina Socit Anonyme. In general, you should focus on analyzing Sofina Stock price patterns and their correlations with different microeconomic environments and drivers.
Sofina Socit Predictive Forecast Models
Sofina Socit's time-series forecasting models is one of many Sofina Socit'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 Sofina Socit'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 Sofina Socit Anonyme
Checking the ongoing alerts about Sofina Socit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sofina Socit Anonyme help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sofina Socit Anonyme has accumulated about 887.53 M in cash with (540.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.41. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Sofina Stock Analysis
When running Sofina Socit's price analysis, check to measure Sofina Socit'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 Sofina Socit is operating at the current time. Most of Sofina Socit's value examination focuses on studying past and present price action to predict the probability of Sofina Socit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sofina Socit's price. Additionally, you may evaluate how the addition of Sofina Socit to your portfolios can decrease your overall portfolio volatility.