Sonae SGPS (Portugal) Probability of Future Stock Price Finishing Over 0.94
| SON Stock | EUR 0.93 0.01 1.09% |
Sonae |
Sonae SGPS Target Price Odds to finish over 0.94
The tendency of Sonae 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 € 0.94 or more in 90 days |
| 0.93 | 90 days | 0.94 | about 50.0 |
Based on a normal probability distribution, the odds of Sonae SGPS to move over € 0.94 or more in 90 days from now is about 50.0 (This Sonae SGPS SA probability density function shows the probability of Sonae Stock to fall within a particular range of prices over 90 days) . Probability of Sonae SGPS SA price to stay between its current price of € 0.93 and € 0.94 at the end of the 90-day period is about 20.06 .
Assuming the 90 days trading horizon Sonae SGPS SA has a beta of -0.14. This usually implies as returns on the benchmark increase, returns on holding Sonae SGPS are expected to decrease at a much lower rate. During a bear market, however, Sonae SGPS SA is likely to outperform the market. Additionally Sonae SGPS 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. Sonae SGPS Price Density |
| Price |
Predictive Modules for Sonae SGPS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sonae SGPS SA. 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.Sonae SGPS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sonae SGPS is not an exception. The market had few large corrections towards the Sonae SGPS'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 Sonae SGPS SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sonae SGPS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.2 |
Sonae SGPS 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 Sonae SGPS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sonae SGPS SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sonae SGPS SA generated a negative expected return over the last 90 days | |
| Sonae SGPS SA has some characteristics of a very speculative penny stock | |
| Sonae SGPS SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sonae SGPS SA has accumulated 1.1 B in total debt with debt to equity ratio (D/E) of 110.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sonae SGPS SA has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sonae SGPS until it has trouble settling it off, either with new capital or with free cash flow. So, Sonae SGPS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sonae SGPS SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sonae to invest in growth at high rates of return. When we think about Sonae SGPS's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Sonae SGPS outstanding shares are owned by corporate insiders |
Sonae SGPS 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 Sonae Stock often depends not only on the future outlook of the current and potential Sonae SGPS'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. Sonae SGPS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B |
Sonae SGPS Technical Analysis
Sonae SGPS's future price can be derived by breaking down and analyzing its technical indicators over time. Sonae Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sonae SGPS SA. In general, you should focus on analyzing Sonae Stock price patterns and their correlations with different microeconomic environments and drivers.
Sonae SGPS Predictive Forecast Models
Sonae SGPS's time-series forecasting models is one of many Sonae SGPS'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 Sonae SGPS'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 Sonae SGPS SA
Checking the ongoing alerts about Sonae SGPS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sonae SGPS SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sonae SGPS SA generated a negative expected return over the last 90 days | |
| Sonae SGPS SA has some characteristics of a very speculative penny stock | |
| Sonae SGPS SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sonae SGPS SA has accumulated 1.1 B in total debt with debt to equity ratio (D/E) of 110.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sonae SGPS SA has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sonae SGPS until it has trouble settling it off, either with new capital or with free cash flow. So, Sonae SGPS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sonae SGPS SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sonae to invest in growth at high rates of return. When we think about Sonae SGPS's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Sonae SGPS outstanding shares are owned by corporate insiders |
Additional Tools for Sonae Stock Analysis
When running Sonae SGPS's price analysis, check to measure Sonae SGPS'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 Sonae SGPS is operating at the current time. Most of Sonae SGPS's value examination focuses on studying past and present price action to predict the probability of Sonae SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonae SGPS's price. Additionally, you may evaluate how the addition of Sonae SGPS to your portfolios can decrease your overall portfolio volatility.