Sable Offshore Corp Stock Probability of Future Stock Price Finishing Under 22.06
| SOC Stock | 24.08 1.06 4.60% |
Sable |
Sable Offshore Target Price Odds to finish below 22.06
The tendency of Sable 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 drop to 22.06 or more in 90 days |
| 24.08 | 90 days | 22.06 | about 55.55 |
Based on a normal probability distribution, the odds of Sable Offshore to drop to 22.06 or more in 90 days from now is about 55.55 (This Sable Offshore Corp probability density function shows the probability of Sable Stock to fall within a particular range of prices over 90 days) . Probability of Sable Offshore Corp price to stay between 22.06 and its current price of 24.08 at the end of the 90-day period is about 25.45 .
Considering the 90-day investment horizon Sable Offshore has a beta of 0.27. This usually implies as returns on the market go up, Sable Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sable Offshore Corp will be expected to be much smaller as well. Additionally Sable Offshore Corp has an alpha of 0.8873, implying that it can generate a 0.89 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sable Offshore Price Density |
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Predictive Modules for Sable Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sable Offshore Corp. 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.Sable Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sable Offshore is not an exception. The market had few large corrections towards the Sable Offshore'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 Sable Offshore Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sable Offshore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.89 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 2.73 | |
Ir | Information ratio | 0.12 |
Sable Offshore 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 Sable Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sable Offshore Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sable Offshore Corp is way too risky over 90 days horizon | |
| Sable Offshore Corp appears to be risky and price may revert if volatility continues | |
| Sable Offshore Corp was previously known as Flame Acquisition Corp and was traded on New York Stock Exchange under the symbol FLME. | |
| Reported Net Loss for the year was (32.18 M) with profit before taxes, overhead, and interest of 0. | |
| Sable Offshore generates negative cash flow from operations | |
| Sable Offshore Corp has a frail financial position based on the latest SEC disclosures | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Velocity Achieves SOC 2 Type 2 Certification DLCG Announces Management Change |
Sable Offshore 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 Sable Stock often depends not only on the future outlook of the current and potential Sable Offshore'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. Sable Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.1 M | |
| Cash And Short Term Investments | 267.8 K |
Sable Offshore Technical Analysis
Sable Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. Sable Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sable Offshore Corp. In general, you should focus on analyzing Sable Stock price patterns and their correlations with different microeconomic environments and drivers.
Sable Offshore Predictive Forecast Models
Sable Offshore's time-series forecasting models is one of many Sable Offshore'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 Sable Offshore'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 Sable Offshore Corp
Checking the ongoing alerts about Sable Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sable Offshore Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sable Offshore Corp is way too risky over 90 days horizon | |
| Sable Offshore Corp appears to be risky and price may revert if volatility continues | |
| Sable Offshore Corp was previously known as Flame Acquisition Corp and was traded on New York Stock Exchange under the symbol FLME. | |
| Reported Net Loss for the year was (32.18 M) with profit before taxes, overhead, and interest of 0. | |
| Sable Offshore generates negative cash flow from operations | |
| Sable Offshore Corp has a frail financial position based on the latest SEC disclosures | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Velocity Achieves SOC 2 Type 2 Certification DLCG Announces Management Change |
Check out Sable Offshore Backtesting, Sable Offshore Valuation, Sable Offshore Correlation, Sable Offshore Hype Analysis, Sable Offshore Volatility, Sable Offshore History as well as Sable Offshore Performance. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Oil & Gas Exploration & Production 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 Sable Offshore. If investors know Sable 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 Sable Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.86) | Return On Assets (0.09) | Return On Equity (6.46) |
The market value of Sable Offshore Corp is measured differently than its book value, which is the value of Sable that is recorded on the company's balance sheet. Investors also form their own opinion of Sable Offshore's value that differs from its market value or its book value, called intrinsic value, which is Sable Offshore'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 Sable Offshore's market value can be influenced by many factors that don't directly affect Sable Offshore'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 Sable Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sable Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sable Offshore'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.