Society Pass Stock Price on May 14, 2024
| SOPA Stock | USD 0.98 0.02 2.08% |
If you're considering investing in Society Stock, it is important to understand the factors that can impact its price. As of today, the current price of Society Pass stands at 0.98, as last reported on the 29th of November, with the highest price reaching 1.00 and the lowest price hitting 0.96 during the day. At this point, Society Pass is extremely dangerous. Society Pass owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0096, which indicates the firm had a 0.0096% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Society Pass, which you can use to evaluate the volatility of the company. Please validate Society Pass' Variance of 35.0, insignificant risk adjusted performance, and Coefficient Of Variation of (5,596) to confirm if the risk estimate we provide is consistent with the expected return of 0.0569%.
At present, Society Pass' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 8.9 M, whereas Common Stock is forecasted to decline to 1,730. . At present, Society Pass' Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.71, whereas Price To Sales Ratio is forecasted to decline to 1.00. Society Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Society |
Sharpe Ratio = 0.0096
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| Cash | Small Risk | Average Risk | SOPA | Huge Risk |
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Estimated Market Risk
| 5.94 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Society Pass is not performing at its full potential. However, 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 Society Pass by adding Society Pass to a well-diversified portfolio.
Price Book 4.0368 | Enterprise Value Ebitda (0.09) | Price Sales 0.4643 | Shares Float 2.4 M | Wall Street Target Price 19 |
Related Headline
Sphere 3D Headline on 14th of May 2024
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Stamford, Connecticut-- - Sphere 3D Corp. , dedicated to becoming a growing Bitcoin mining company, is providing a strategic and operational update for April 2024.Key HighlightsPartnering with Sunnyside Digital for fleet upgrade and refresh29.9 Bitcoin were mined in April 2024Month-end operating hash rate was 0.9 EHs this reduction was primarily due to machines in transit at month end as well as operational ...
Society Pass Valuation on May 14, 2024
It is possible to determine the worth of Society Pass on a given historical date. On May 14, 2024 Society was worth 1.87 at the beginning of the trading date compared to the closed value of 1.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Society Pass stock. Still, in general, we apply an absolute valuation method to find Society Pass' 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 Society Pass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Society Pass' related companies.
| Open | High | Low | Close | Volume | |
| 2.00 | 2.00 | 1.81 | 1.86 | 70,172 | |
05/14/2024 | 1.87 | 1.99 | 1.85 | 1.95 | 90,080 |
| 1.93 | 2.08 | 1.92 | 1.93 | 69,212 |
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Society Pass Trading Date Momentum on May 14, 2024
| On May 15 2024 Society Pass was traded for 1.93 at the closing time. The top price for the day was 2.08 and the lowest listed price was 1.92 . The trading volume for the day was 69.2 K. The trading history from May 15, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.03% . The trading price change against the current closing price is 10.77% . |
Society Pass Fundamentals Correlations and Trends
By evaluating Society Pass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Society Pass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Society financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Society Pass Stock history
Society Pass 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 Society is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Society Pass 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 Society Pass stock prices may prove useful in developing a viable investing in Society Pass
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.9 M | 1.8 M | |
| Net Loss | -31.3 M | -29.7 M |
Society Pass Stock Technical Analysis
Society Pass 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
Society Pass Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Society Pass cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Society Pass November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Society Pass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Society Pass shares will generate the highest return on investment. By undertsting and applying Society Pass stock market strength indicators, traders can identify Society Pass entry and exit signals to maximize returns
Society Pass Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Society Pass' price direction in advance. Along with the technical and fundamental analysis of Society Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Society 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) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | (0.10) |
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Complementary Tools for Society Stock analysis
When running Society Pass' price analysis, check to measure Society Pass' 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 Society Pass is operating at the current time. Most of Society Pass' value examination focuses on studying past and present price action to predict the probability of Society Pass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Society Pass' price. Additionally, you may evaluate how the addition of Society Pass to your portfolios can decrease your overall portfolio volatility.
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