Southern Company Stock Forecast - Daily Balance Of Power
SOJE Stock | USD 19.04 0.00 0.00% |
Southern Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Southern Company stock prices and determine the direction of Southern Company Series's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Southern Company's historical fundamentals, such as revenue growth or operating cash flow patterns.
Southern |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.48) | 0.9189 |
Check Southern Company Volatility | Backtest Southern Company | Trend Details |
Southern Company Trading Date Momentum
On December 19 2024 Southern Company Series was traded for 19.04 at the closing time. The top price for the day was 19.18 and the lowest listed price was 18.87 . The trading volume for the day was 127.6 K. The trading history from December 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.75% . The trading price change against the current closing price is 1.75% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Southern Company
For every potential investor in Southern, whether a beginner or expert, Southern Company's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Southern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Southern. Basic forecasting techniques help filter out the noise by identifying Southern Company's price trends.Southern Company Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Southern Company stock to make a market-neutral strategy. Peer analysis of Southern Company could also be used in its relative valuation, which is a method of valuing Southern Company by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Southern Company Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Southern Company's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Southern Company's current price.Cycle Indicators | ||
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Southern Company Market Strength Events
Market strength indicators help investors to evaluate how Southern Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern Company shares will generate the highest return on investment. By undertsting and applying Southern Company stock market strength indicators, traders can identify Southern Company Series entry and exit signals to maximize returns.
Accumulation Distribution | 2062.97 | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 19.02 | |||
Day Typical Price | 19.03 | |||
Price Action Indicator | 0.015 |
Southern Company Risk Indicators
The analysis of Southern Company's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Southern Company's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting southern stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.5743 | |||
Standard Deviation | 0.7714 | |||
Variance | 0.595 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Southern Company is a strong investment it is important to analyze Southern Company'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 Southern Company's future performance. For an informed investment choice regarding Southern Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Southern Company to cross-verify your projections. For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Southern Company. If investors know Southern 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 Southern Company 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 Southern Company is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Company's value that differs from its market value or its book value, called intrinsic value, which is Southern Company'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 Southern Company's market value can be influenced by many factors that don't directly affect Southern Company'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 Southern Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Company'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.