Societe Generale (France) Probability of Future Stock Price Finishing Under 23.96
| GLE Stock | EUR 25.10 0.10 0.40% |
Societe |
Societe Generale Target Price Odds to finish below 23.96
The tendency of Societe 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 € 23.96 or more in 90 days |
| 25.10 | 90 days | 23.96 | about 52.84 |
Based on a normal probability distribution, the odds of Societe Generale to drop to € 23.96 or more in 90 days from now is about 52.84 (This Societe Generale SA probability density function shows the probability of Societe Stock to fall within a particular range of prices over 90 days) . Probability of Societe Generale price to stay between € 23.96 and its current price of €25.1 at the end of the 90-day period is about 22.53 .
Assuming the 90 days trading horizon Societe Generale SA has a beta of -0.48. This usually indicates as returns on the benchmark increase, returns on holding Societe Generale are expected to decrease at a much lower rate. During a bear market, however, Societe Generale SA is likely to outperform the market. Additionally Societe Generale SA has an alpha of 0.2816, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Societe Generale Price Density |
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Predictive Modules for Societe Generale
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Societe Generale. 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.Societe Generale Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Societe Generale is not an exception. The market had few large corrections towards the Societe Generale'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 Societe Generale SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Societe Generale within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.48 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | 0.06 |
Societe Generale 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 Societe Stock often depends not only on the future outlook of the current and potential Societe Generale'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. Societe Generale's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 846.3 M | |
| Cash And Short Term Investments | 207 B |
Societe Generale Technical Analysis
Societe Generale's future price can be derived by breaking down and analyzing its technical indicators over time. Societe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Societe Generale SA. In general, you should focus on analyzing Societe Stock price patterns and their correlations with different microeconomic environments and drivers.
Societe Generale Predictive Forecast Models
Societe Generale's time-series forecasting models is one of many Societe Generale'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 Societe Generale'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.
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 Societe Generale 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, Societe Generale's short interest history, or implied volatility extrapolated from Societe Generale options trading.
Other Information on Investing in Societe Stock
Societe Generale financial ratios help investors to determine whether Societe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Societe with respect to the benefits of owning Societe Generale security.