Sonic Automotive Stock Probability of Future Stock Price Finishing Under 60.64
| SAH Stock | USD 63.05 0.35 0.55% |
Sonic |
Sonic Automotive 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 Sonic Automotive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sonic Automotive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sonic Automotive has about 229.2 M in cash with (15.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.68. | |
| Roughly 72.0% of the company shares are owned by institutional investors |
Sonic Automotive 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 Sonic Stock often depends not only on the future outlook of the current and potential Sonic Automotive'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. Sonic Automotive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.9 M | |
| Cash And Short Term Investments | 28.9 M |
Sonic Automotive Technical Analysis
Sonic Automotive's future price can be derived by breaking down and analyzing its technical indicators over time. Sonic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sonic Automotive. In general, you should focus on analyzing Sonic Stock price patterns and their correlations with different microeconomic environments and drivers.
Sonic Automotive Predictive Forecast Models
Sonic Automotive's time-series forecasting models is one of many Sonic Automotive'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 Sonic Automotive'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 Sonic Automotive
Checking the ongoing alerts about Sonic Automotive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sonic Automotive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sonic Automotive has about 229.2 M in cash with (15.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.68. | |
| Roughly 72.0% of the company shares are owned by institutional investors |
Check out Sonic Automotive Backtesting, Sonic Automotive Valuation, Sonic Automotive Correlation, Sonic Automotive Hype Analysis, Sonic Automotive Volatility, Sonic Automotive History as well as Sonic Automotive Performance. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Automotive Retail 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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.