Solocal Group (France) Probability of Future Stock Price Finishing Under 0.02
| LOCAL Stock | EUR 2.67 0.12 4.30% |
Solocal |
Solocal Group Target Price Odds to finish below 0.02
The tendency of Solocal 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 € 0.02 or more in 90 days |
| 2.67 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Solocal Group to drop to € 0.02 or more in 90 days from now is near 1 (This Solocal Group SA probability density function shows the probability of Solocal Stock to fall within a particular range of prices over 90 days) . Probability of Solocal Group SA price to stay between € 0.02 and its current price of €2.67 at the end of the 90-day period is about 43.97 .
Assuming the 90 days trading horizon Solocal Group SA has a beta of -0.6. This indicates as returns on the benchmark increase, returns on holding Solocal Group are expected to decrease at a much lower rate. During a bear market, however, Solocal Group SA is likely to outperform the market. Additionally Solocal Group 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. Solocal Group Price Density |
| Price |
Predictive Modules for Solocal Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solocal Group 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.Solocal Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solocal Group is not an exception. The market had few large corrections towards the Solocal Group'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 Solocal Group SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solocal Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0061 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.05 |
Solocal Group 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 Solocal Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solocal Group 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.| Solocal Group SA generated a negative expected return over the last 90 days | |
| Solocal Group SA has high historical volatility and very poor performance | |
| Solocal Group SA has accumulated 285.93 M in total debt. Solocal Group SA has a current ratio of 0.49, 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 Solocal Group until it has trouble settling it off, either with new capital or with free cash flow. So, Solocal Group'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 Solocal Group SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solocal to invest in growth at high rates of return. When we think about Solocal Group's use of debt, we should always consider it together with cash and equity. |
Solocal Group 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 Solocal Stock often depends not only on the future outlook of the current and potential Solocal Group'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. Solocal Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.8 M | |
| Cash And Short Term Investments | 81.6 M |
Solocal Group Technical Analysis
Solocal Group's future price can be derived by breaking down and analyzing its technical indicators over time. Solocal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solocal Group SA. In general, you should focus on analyzing Solocal Stock price patterns and their correlations with different microeconomic environments and drivers.
Solocal Group Predictive Forecast Models
Solocal Group's time-series forecasting models is one of many Solocal Group'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 Solocal Group'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 Solocal Group SA
Checking the ongoing alerts about Solocal Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solocal Group SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solocal Group SA generated a negative expected return over the last 90 days | |
| Solocal Group SA has high historical volatility and very poor performance | |
| Solocal Group SA has accumulated 285.93 M in total debt. Solocal Group SA has a current ratio of 0.49, 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 Solocal Group until it has trouble settling it off, either with new capital or with free cash flow. So, Solocal Group'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 Solocal Group SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solocal to invest in growth at high rates of return. When we think about Solocal Group's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Solocal Stock Analysis
When running Solocal Group's price analysis, check to measure Solocal Group'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 Solocal Group is operating at the current time. Most of Solocal Group's value examination focuses on studying past and present price action to predict the probability of Solocal Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solocal Group's price. Additionally, you may evaluate how the addition of Solocal Group to your portfolios can decrease your overall portfolio volatility.