Source Capital Closed Stock Probability of Future Stock Price Finishing Under 41.05
| SOR Stock | USD 41.79 0.01 0.02% |
Source |
Source Capital Target Price Odds to finish below 41.05
The tendency of Source 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 drop to $ 41.05 or more in 90 days |
| 41.79 | 90 days | 41.05 | about 57.41 |
Based on a normal probability distribution, the odds of Source Capital to drop to $ 41.05 or more in 90 days from now is about 57.41 (This Source Capital Closed probability density function shows the probability of Source Stock to fall within a particular range of prices over 90 days) . Probability of Source Capital Closed price to stay between $ 41.05 and its current price of $41.79 at the end of the 90-day period is about 24.55 .
Considering the 90-day investment horizon Source Capital has a beta of 0.62. This usually implies as returns on the market go up, Source Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Source Capital Closed will be expected to be much smaller as well. Additionally Source Capital Closed has an alpha of 0.047, implying that it can generate a 0.047 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Source Capital Price Density |
| Price |
Predictive Modules for Source Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Source Capital Closed. 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 Source Capital'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.
Source Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Source Capital is not an exception. The market had few large corrections towards the Source Capital'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 Source Capital Closed, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Source Capital within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | 0.62 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | 0.02 |
Source Capital 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 Source Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Source Capital Closed can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| On 28th of March 2024 Source Capital paid $ 0.2083 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Source Capital, Inc. Plans Monthly Dividend of 0.21 - MarketBeat |
Source Capital 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 Source Stock often depends not only on the future outlook of the current and potential Source Capital'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. Source Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.3 M | |
| Cash And Short Term Investments | 49.8 M |
Source Capital Technical Analysis
Source Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Source Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Source Capital Closed. In general, you should focus on analyzing Source Stock price patterns and their correlations with different microeconomic environments and drivers.
Source Capital Predictive Forecast Models
Source Capital's time-series forecasting models is one of many Source Capital'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 Source Capital'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 Source Capital Closed
Checking the ongoing alerts about Source Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Source Capital Closed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 28th of March 2024 Source Capital paid $ 0.2083 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Source Capital, Inc. Plans Monthly Dividend of 0.21 - MarketBeat |
Check out Source Capital Backtesting, Source Capital Valuation, Source Capital Correlation, Source Capital Hype Analysis, Source Capital Volatility, Source Capital History as well as Source Capital Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Source Stock analysis
When running Source Capital's price analysis, check to measure Source Capital'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 Source Capital is operating at the current time. Most of Source Capital's value examination focuses on studying past and present price action to predict the probability of Source Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Source Capital's price. Additionally, you may evaluate how the addition of Source Capital to your portfolios can decrease your overall portfolio volatility.
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Is Source Capital'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 Source Capital. If investors know Source 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 Source Capital 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 1.389 | Dividend Share 2.383 | Earnings Share 6.5 | Quarterly Revenue Growth 0.556 | Return On Assets 0.0289 |
The market value of Source Capital Closed is measured differently than its book value, which is the value of Source that is recorded on the company's balance sheet. Investors also form their own opinion of Source Capital's value that differs from its market value or its book value, called intrinsic value, which is Source Capital'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 Source Capital's market value can be influenced by many factors that don't directly affect Source Capital'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 Source Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Source Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Source Capital'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.