Sono Group NV Probability of Future Stock Price Finishing Over 0.28
| SEVDelisted Stock | USD 0.13 0.13 11,718% |
Sono |
Sono Group Target Price Odds to finish over 0.28
The tendency of Sono 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 $ 0.28 or more in 90 days |
| 0.13 | 90 days | 0.28 | about 29.8 |
Based on a normal probability distribution, the odds of Sono Group to move over $ 0.28 or more in 90 days from now is about 29.8 (This Sono Group NV probability density function shows the probability of Sono Stock to fall within a particular range of prices over 90 days) . Probability of Sono Group NV price to stay between its current price of $ 0.13 and $ 0.28 at the end of the 90-day period is about 68.48 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.17 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sono Group will likely underperform. Additionally Sono Group NV 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. Sono Group Price Density |
| Price |
Predictive Modules for Sono Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sono Group NV. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sono Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sono Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sono Group is not an exception. The market had few large corrections towards the Sono Group'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 Sono Group NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sono Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.79 | |
β | Beta against Dow Jones | 3.17 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.04 |
Sono Group 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 Sono Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sono Group NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sono Group NV is not yet fully synchronised with the market data | |
| Sono Group NV has some characteristics of a very speculative penny stock | |
| Sono Group NV has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 16 K. Reported Net Loss for the year was (63.95 M) with loss before taxes, overhead, and interest of (40.6 M). | |
| Sono Group NV has about 89.77 M in cash with (47.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders |
Sono Group 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 Sono Stock often depends not only on the future outlook of the current and potential Sono Group'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. Sono Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 59.8 M | |
| Cash And Short Term Investments | 138.9 M |
Sono Group Technical Analysis
Sono Group's future price can be derived by breaking down and analyzing its technical indicators over time. Sono Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sono Group NV. In general, you should focus on analyzing Sono Stock price patterns and their correlations with different microeconomic environments and drivers.
Sono Group Predictive Forecast Models
Sono Group's time-series forecasting models is one of many Sono Group'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 Sono Group'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 Sono Group NV
Checking the ongoing alerts about Sono Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sono Group NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sono Group NV is not yet fully synchronised with the market data | |
| Sono Group NV has some characteristics of a very speculative penny stock | |
| Sono Group NV has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 16 K. Reported Net Loss for the year was (63.95 M) with loss before taxes, overhead, and interest of (40.6 M). | |
| Sono Group NV has about 89.77 M in cash with (47.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Sono Stock
If you are still planning to invest in Sono Group NV check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sono Group's history and understand the potential risks before investing.
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