Sonoco Products Stock Math Transform Sine Of Price Series

SON Stock  USD 51.92  1.00  1.96%   
Sonoco Products math transform tool provides the execution environment for running the Sine Of Price Series transformation and other technical functions against Sonoco Products. Sonoco Products value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math transform indicators. As with most other technical indicators, the Sine Of Price Series transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Sonoco Products can be made when Sonoco Products shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Sonoco Products Sine Of Price Series is a trigonometric price transformation method.

Sonoco Products Technical Analysis Modules

Most technical analysis of Sonoco Products help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sonoco from various momentum indicators to cycle indicators. When you analyze Sonoco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Sonoco Products Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sonoco Products. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonoco Products based on widely used predictive technical indicators. In general, we focus on analyzing Sonoco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonoco Products's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Sonoco Products's intrinsic value. In addition to deriving basic predictive indicators for Sonoco Products, we also check how macroeconomic factors affect Sonoco Products price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0310.03140.03590.0243
Price To Sales Ratio1.030.820.810.71
Hype
Prediction
LowEstimatedHigh
50.8151.9052.99
Details
Intrinsic
Valuation
LowRealHigh
46.7356.9258.02
Details
Naive
Forecast
LowNextHigh
51.3152.4053.50
Details
8 Analysts
Consensus
LowTargetHigh
56.0661.6068.38
Details

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Sonoco Products pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonoco Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonoco Products will appreciate offsetting losses from the drop in the long position's value.

Sonoco Products Pair Trading

Sonoco Products Pair Trading Analysis

The ability to find closely correlated positions to Sonoco Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonoco Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonoco Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonoco Products to buy it.
The correlation of Sonoco Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonoco Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonoco Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonoco Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Paper & Plastic Packaging Products & Materials 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 Sonoco Products. If investors know Sonoco 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 Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
2.06
Earnings Share
2.91
Revenue Per Share
66.695
Quarterly Revenue Growth
(0.02)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' 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 Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' 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 Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' 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.