Sonaecom SGPS (Portugal) Probability of Future Stock Price Finishing Under 0.29
| SNC Stock | EUR 2.24 0.02 0.90% |
Sonaecom |
Sonaecom SGPS Target Price Odds to finish below 0.29
The tendency of Sonaecom 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 € 0.29 or more in 90 days |
| 2.24 | 90 days | 0.29 | near 1 |
Based on a normal probability distribution, the odds of Sonaecom SGPS to drop to € 0.29 or more in 90 days from now is near 1 (This Sonaecom SGPS probability density function shows the probability of Sonaecom Stock to fall within a particular range of prices over 90 days) . Probability of Sonaecom SGPS price to stay between € 0.29 and its current price of €2.24 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Sonaecom SGPS has a beta of -0.41. This usually implies as returns on the benchmark increase, returns on holding Sonaecom SGPS are expected to decrease at a much lower rate. During a bear market, however, Sonaecom SGPS is likely to outperform the market. Additionally Sonaecom SGPS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sonaecom SGPS Price Density |
| Price |
Predictive Modules for Sonaecom SGPS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sonaecom SGPS. 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.Sonaecom SGPS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sonaecom SGPS is not an exception. The market had few large corrections towards the Sonaecom SGPS'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 Sonaecom SGPS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sonaecom SGPS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.13 |
Sonaecom SGPS 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 Sonaecom SGPS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sonaecom SGPS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sonaecom SGPS generated a negative expected return over the last 90 days | |
| Sonaecom SGPS has high likelihood to experience some financial distress in the next 2 years | |
| Sonaecom SGPS has accumulated about 210.97 M in cash with (6.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Roughly 88.0% of the company outstanding shares are owned by corporate insiders |
Sonaecom SGPS 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 Sonaecom Stock often depends not only on the future outlook of the current and potential Sonaecom SGPS'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. Sonaecom SGPS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 305.8 M |
Sonaecom SGPS Technical Analysis
Sonaecom SGPS's future price can be derived by breaking down and analyzing its technical indicators over time. Sonaecom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sonaecom SGPS. In general, you should focus on analyzing Sonaecom Stock price patterns and their correlations with different microeconomic environments and drivers.
Sonaecom SGPS Predictive Forecast Models
Sonaecom SGPS's time-series forecasting models is one of many Sonaecom SGPS'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 Sonaecom SGPS'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 Sonaecom SGPS
Checking the ongoing alerts about Sonaecom SGPS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sonaecom SGPS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sonaecom SGPS generated a negative expected return over the last 90 days | |
| Sonaecom SGPS has high likelihood to experience some financial distress in the next 2 years | |
| Sonaecom SGPS has accumulated about 210.97 M in cash with (6.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Roughly 88.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Sonaecom Stock Analysis
When running Sonaecom SGPS's price analysis, check to measure Sonaecom SGPS'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 Sonaecom SGPS is operating at the current time. Most of Sonaecom SGPS's value examination focuses on studying past and present price action to predict the probability of Sonaecom SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonaecom SGPS's price. Additionally, you may evaluate how the addition of Sonaecom SGPS to your portfolios can decrease your overall portfolio volatility.