SOCO (Australia) Chance of Future Stock Price Finishing Over 0.0906
| SOC Stock | 0.11 0.02 22.22% |
SOCO |
SOCO Target Price Odds to finish over 0.0906
The tendency of SOCO 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 stay above 0.09 in 90 days |
| 0.11 | 90 days | 0.09 | about 83.19 |
Based on a normal probability distribution, the odds of SOCO to stay above 0.09 in 90 days from now is about 83.19 (This SOCO Corporation probability density function shows the probability of SOCO Stock to fall within a particular range of prices over 90 days) . Probability of SOCO price to stay between 0.09 and its current price of 0.11 at the end of the 90-day period is about 78.4 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.11 . This usually implies SOCO Corporation market returns are related to returns on the market. As the market goes up or down, SOCO is expected to follow. Additionally SOCO Corporation 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. SOCO Price Density |
| Price |
Predictive Modules for SOCO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SOCO. 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.SOCO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SOCO is not an exception. The market had few large corrections towards the SOCO'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 SOCO Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SOCO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.03 |
SOCO 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 SOCO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SOCO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SOCO generated a negative expected return over the last 90 days | |
| SOCO has some characteristics of a very speculative penny stock | |
| SOCO has high historical volatility and very poor performance | |
| The company reported the revenue of 20.56 M. Net Loss for the year was (486.17 K) with profit before overhead, payroll, taxes, and interest of 7.38 M. | |
| About 84.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pleasing Signs As A Number Of Insiders Buy SOCO Stock - Yahoo Finance |
SOCO 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 SOCO Stock often depends not only on the future outlook of the current and potential SOCO'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. SOCO's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.5 M | |
| Cash And Short Term Investments | 2.4 M |
SOCO Technical Analysis
SOCO's future price can be derived by breaking down and analyzing its technical indicators over time. SOCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SOCO Corporation. In general, you should focus on analyzing SOCO Stock price patterns and their correlations with different microeconomic environments and drivers.
SOCO Predictive Forecast Models
SOCO's time-series forecasting models is one of many SOCO'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 SOCO'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 SOCO
Checking the ongoing alerts about SOCO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SOCO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SOCO generated a negative expected return over the last 90 days | |
| SOCO has some characteristics of a very speculative penny stock | |
| SOCO has high historical volatility and very poor performance | |
| The company reported the revenue of 20.56 M. Net Loss for the year was (486.17 K) with profit before overhead, payroll, taxes, and interest of 7.38 M. | |
| About 84.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pleasing Signs As A Number Of Insiders Buy SOCO Stock - Yahoo Finance |
Additional Tools for SOCO Stock Analysis
When running SOCO's price analysis, check to measure SOCO'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 SOCO is operating at the current time. Most of SOCO's value examination focuses on studying past and present price action to predict the probability of SOCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOCO's price. Additionally, you may evaluate how the addition of SOCO to your portfolios can decrease your overall portfolio volatility.