Soje Stock Chance of Future Stock Price Finishing Over 19.56
| SOJE Stock | USD 20.13 0.09 0.45% |
SOJE |
SOJE Target Price Odds to finish over 19.56
The tendency of SOJE 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 stay above $ 19.56 in 90 days |
| 20.13 | 90 days | 19.56 | about 67.6 |
Based on a normal probability distribution, the odds of SOJE to stay above $ 19.56 in 90 days from now is about 67.6 (This SOJE probability density function shows the probability of SOJE Stock to fall within a particular range of prices over 90 days) . Probability of SOJE price to stay between $ 19.56 and its current price of $20.13 at the end of the 90-day period is about 45.9 .
Given the investment horizon of 90 days SOJE has a beta of 0.78. This usually implies as returns on the market go up, SOJE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SOJE will be expected to be much smaller as well. Additionally SOJE has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. SOJE Price Density |
| Price |
Predictive Modules for SOJE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SOJE. 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 SOJE'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.
SOJE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SOJE is not an exception. The market had few large corrections towards the SOJE'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 SOJE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SOJE within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | 0.78 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.01 |
SOJE 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 SOJE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SOJE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SOJE generated a negative expected return over the last 90 days | |
| SOJE has a strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Disposition of 490 shares by Spainhour Sterling A Jr. of SOJE subject to Rule 16b-3 |
SOJE 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 SOJE Stock often depends not only on the future outlook of the current and potential SOJE'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. SOJE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Dividends Paid | 3 B | |
| Cash And Short Term Investments | 748 M |
SOJE Technical Analysis
SOJE's future price can be derived by breaking down and analyzing its technical indicators over time. SOJE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SOJE. In general, you should focus on analyzing SOJE Stock price patterns and their correlations with different microeconomic environments and drivers.
SOJE Predictive Forecast Models
SOJE's time-series forecasting models is one of many SOJE'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 SOJE'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 SOJE
Checking the ongoing alerts about SOJE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SOJE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SOJE generated a negative expected return over the last 90 days | |
| SOJE has a strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Disposition of 490 shares by Spainhour Sterling A Jr. of SOJE subject to Rule 16b-3 |
Additional Information and Resources on Investing in SOJE Stock
When determining whether SOJE is a strong investment it is important to analyze SOJE'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 SOJE's future performance. For an informed investment choice regarding SOJE Stock, refer to the following important reports:Check out SOJE Backtesting, SOJE Valuation, SOJE Correlation, SOJE Hype Analysis, SOJE Volatility, SOJE History as well as SOJE Performance. For information on how to trade SOJE Stock refer to our How to Trade SOJE Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Utilities space 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 SOJE. If investors know SOJE 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 SOJE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.1204 |
The market value of SOJE is measured differently than its book value, which is the value of SOJE that is recorded on the company's balance sheet. Investors also form their own opinion of SOJE's value that differs from its market value or its book value, called intrinsic value, which is SOJE'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 SOJE's market value can be influenced by many factors that don't directly affect SOJE'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 SOJE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SOJE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SOJE'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.