Sendas Distribuidora Sa Stock Probability of Future Stock Price Finishing Over 6.01
| ASAI Stock | USD 6.01 0.11 1.80% |
Sendas |
Sendas Distribuidora Target Price Odds to finish over 6.01
The tendency of Sendas 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 above the current price in 90 days |
| 6.01 | 90 days | 6.01 | about 86.41 |
Based on a normal probability distribution, the odds of Sendas Distribuidora to move above the current price in 90 days from now is about 86.41 (This Sendas Distribuidora SA probability density function shows the probability of Sendas Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Sendas Distribuidora has a beta of 0.36. This suggests as returns on the market go up, Sendas Distribuidora average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sendas Distribuidora SA will be expected to be much smaller as well. Additionally Sendas Distribuidora SA 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. Sendas Distribuidora Price Density |
| Price |
Predictive Modules for Sendas Distribuidora
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sendas Distribuidora. 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.Sendas Distribuidora Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sendas Distribuidora is not an exception. The market had few large corrections towards the Sendas Distribuidora'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 Sendas Distribuidora SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sendas Distribuidora within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.63 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | -0.2 |
Sendas Distribuidora 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 Sendas Distribuidora for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sendas Distribuidora can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sendas Distribuidora generated a negative expected return over the last 90 days | |
| Sendas Distribuidora has high historical volatility and very poor performance | |
| Sendas Distribuidora SA currently holds 24.37 B in liabilities with Debt to Equity (D/E) ratio of 5.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sendas Distribuidora has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sendas Distribuidora's use of debt, we should always consider it together with its cash and equity. | |
| Sendas Distribuidora has a strong financial position based on the latest SEC filings | |
| Latest headline from insidermonkey.com: Sendas Distribuidora S.A. Q3 2024 Earnings Call Transcript |
Sendas Distribuidora 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 Sendas Stock often depends not only on the future outlook of the current and potential Sendas Distribuidora'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. Sendas Distribuidora's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 M | |
| Cash And Short Term Investments | 5.5 B |
Sendas Distribuidora Technical Analysis
Sendas Distribuidora's future price can be derived by breaking down and analyzing its technical indicators over time. Sendas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sendas Distribuidora SA. In general, you should focus on analyzing Sendas Stock price patterns and their correlations with different microeconomic environments and drivers.
Sendas Distribuidora Predictive Forecast Models
Sendas Distribuidora's time-series forecasting models is one of many Sendas Distribuidora'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 Sendas Distribuidora'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 Sendas Distribuidora
Checking the ongoing alerts about Sendas Distribuidora for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sendas Distribuidora help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sendas Distribuidora generated a negative expected return over the last 90 days | |
| Sendas Distribuidora has high historical volatility and very poor performance | |
| Sendas Distribuidora SA currently holds 24.37 B in liabilities with Debt to Equity (D/E) ratio of 5.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sendas Distribuidora has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sendas Distribuidora's use of debt, we should always consider it together with its cash and equity. | |
| Sendas Distribuidora has a strong financial position based on the latest SEC filings | |
| Latest headline from insidermonkey.com: Sendas Distribuidora S.A. Q3 2024 Earnings Call Transcript |
Check out Sendas Distribuidora Backtesting, Sendas Distribuidora Valuation, Sendas Distribuidora Correlation, Sendas Distribuidora Hype Analysis, Sendas Distribuidora Volatility, Sendas Distribuidora History as well as Sendas Distribuidora Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Consumer Staples Distribution & 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 Sendas Distribuidora. If investors know Sendas 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 Sendas Distribuidora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Earnings Share 0.41 | Revenue Per Share 266.655 | Quarterly Revenue Growth 0.092 | Return On Assets 0.0532 |
The market value of Sendas Distribuidora is measured differently than its book value, which is the value of Sendas that is recorded on the company's balance sheet. Investors also form their own opinion of Sendas Distribuidora's value that differs from its market value or its book value, called intrinsic value, which is Sendas Distribuidora'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 Sendas Distribuidora's market value can be influenced by many factors that don't directly affect Sendas Distribuidora'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 Sendas Distribuidora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sendas Distribuidora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sendas Distribuidora'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.