SOFI TECHNOLOGIES (Germany) Probability of Future Stock Price Finishing Over 18.25
| 6B0 Stock | 15.03 0.04 0.27% |
SOFI |
SOFI TECHNOLOGIES Target Price Odds to finish over 18.25
The tendency of SOFI 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 move over 18.25 or more in 90 days |
| 15.03 | 90 days | 18.25 | near 1 |
Based on a normal probability distribution, the odds of SOFI TECHNOLOGIES to move over 18.25 or more in 90 days from now is near 1 (This SOFI TECHNOLOGIES probability density function shows the probability of SOFI Stock to fall within a particular range of prices over 90 days) . Probability of SOFI TECHNOLOGIES price to stay between its current price of 15.03 and 18.25 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon SOFI TECHNOLOGIES has a beta of -0.0791. This suggests as returns on the benchmark increase, returns on holding SOFI TECHNOLOGIES are expected to decrease at a much lower rate. During a bear market, however, SOFI TECHNOLOGIES is likely to outperform the market. Moreover SOFI TECHNOLOGIES has an alpha of 1.3313, implying that it can generate a 1.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SOFI TECHNOLOGIES Price Density |
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Predictive Modules for SOFI TECHNOLOGIES
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SOFI TECHNOLOGIES. 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.SOFI TECHNOLOGIES Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SOFI TECHNOLOGIES is not an exception. The market had few large corrections towards the SOFI TECHNOLOGIES'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 SOFI TECHNOLOGIES, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SOFI TECHNOLOGIES within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.33 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 2.42 | |
Ir | Information ratio | 0.31 |
SOFI TECHNOLOGIES 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 SOFI TECHNOLOGIES for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SOFI TECHNOLOGIES can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SOFI TECHNOLOGIES appears to be risky and price may revert if volatility continues |
SOFI TECHNOLOGIES Technical Analysis
SOFI TECHNOLOGIES's future price can be derived by breaking down and analyzing its technical indicators over time. SOFI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SOFI TECHNOLOGIES. In general, you should focus on analyzing SOFI Stock price patterns and their correlations with different microeconomic environments and drivers.
SOFI TECHNOLOGIES Predictive Forecast Models
SOFI TECHNOLOGIES's time-series forecasting models is one of many SOFI TECHNOLOGIES'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 SOFI TECHNOLOGIES'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 SOFI TECHNOLOGIES
Checking the ongoing alerts about SOFI TECHNOLOGIES for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SOFI TECHNOLOGIES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SOFI TECHNOLOGIES appears to be risky and price may revert if volatility continues |
Additional Information and Resources on Investing in SOFI Stock
When determining whether SOFI TECHNOLOGIES offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SOFI TECHNOLOGIES's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:Check out SOFI TECHNOLOGIES Backtesting, SOFI TECHNOLOGIES Valuation, SOFI TECHNOLOGIES Correlation, SOFI TECHNOLOGIES Hype Analysis, SOFI TECHNOLOGIES Volatility, SOFI TECHNOLOGIES History as well as SOFI TECHNOLOGIES Performance. For more detail on how to invest in SOFI Stock please use our How to Invest in SOFI TECHNOLOGIES guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.