SOCO (Australia) Price on October 16, 2024
| SOC Stock | 0.11 0.01 8.33% |
If you're considering investing in SOCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of SOCO stands at 0.11, as last reported on the 28th of November, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. SOCO appears to be out of control, given 3 months investment horizon. SOCO retains Efficiency (Sharpe Ratio) of 0.0534, which indicates the firm had a 0.0534% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SOCO, which you can use to evaluate the volatility of the company. Please review SOCO's risk adjusted performance of 0.0266, and Downside Deviation of 6.39 to confirm if our risk estimates are consistent with your expectations.
At this time, SOCO's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 15.9 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 290.3 K in 2024. . SOCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SOCO |
Sharpe Ratio = 0.0534
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Estimated Market Risk
| 4.95 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average SOCO is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SOCO by adding it to a well-diversified portfolio.
Price Book 1.8314 | Book Value 0.06 | Enterprise Value 14.3 M | Enterprise Value Ebitda 719.9105 | Price Sales 0.7434 |
SOCO Valuation on October 16, 2024
It is possible to determine the worth of SOCO on a given historical date. On October 16, 2024 SOCO was worth 0.097 at the beginning of the trading date compared to the closed value of 0.097. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOCO stock. Still, in general, we apply an absolute valuation method to find SOCO's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SOCO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOCO's related companies.
| Open | High | Low | Close | Volume | |
| 0.1 | 0.1 | 0.1 | 0.1 | 56,563 | |
10/16/2024 | 0.1 | 0.1 | 0.1 | 0.1 | 1.00 |
| 0.1 | 0.1 | 0.1 | 0.1 | 10,526 |
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SOCO Trading Date Momentum on October 16, 2024
| On October 17 2024 SOCO Corporation was traded for 0.1 at the closing time. The maximum traded price for the trading interval was 0.1 and the lowest daily price was 0.1 . The daily volume was recorded at 10.5 K. The volume of trading on 17th of October 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.06% . The trading price change to the closing price today is 4.12% . |
SOCO Fundamentals Correlations and Trends
By evaluating SOCO's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SOCO's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SOCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SOCO Stock history
SOCO investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SOCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SOCO will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SOCO stock prices may prove useful in developing a viable investing in SOCO
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 130.5 M | 102.9 M | |
| Net Income Applicable To Common Shares | 1.7 M | 1.6 M |
SOCO Stock Technical Analysis
SOCO technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
SOCO Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
SOCO Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SOCO November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SOCO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOCO shares will generate the highest return on investment. By undertsting and applying SOCO stock market strength indicators, traders can identify SOCO Corporation entry and exit signals to maximize returns
SOCO Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SOCO's price direction in advance. Along with the technical and fundamental analysis of SOCO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOCO to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0838 |
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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.