Sobr Safe Stock Probability of Future Stock Price Finishing Under 65.23

SOBR Stock  USD 1.03  0.07  7.29%   
Sobr Safe's future price is the expected price of Sobr Safe instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Sobr Safe performance during a given time horizon utilizing its historical volatility. Check out Sobr Safe Backtesting, Sobr Safe Valuation, Sobr Safe Correlation, Sobr Safe Hype Analysis, Sobr Safe Volatility, Sobr Safe History as well as Sobr Safe Performance.
To learn how to invest in Sobr Stock, please use our How to Invest in Sobr Safe guide.
  
At this time, Sobr Safe's Price Book Value Ratio is relatively stable compared to the past year. As of 12/23/2024, Price To Book Ratio is likely to grow to 4.22, while Price Earnings Ratio is likely to drop (0.84). Please specify Sobr Safe's target price for which you would like Sobr Safe odds to be computed.

Sobr Safe Target Price Odds to finish below 65.23

The tendency of Sobr 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 PriceHorizonTarget PriceOdds to stay under $ 65.23  after 90 days
 1.03 90 days 65.23 
close to 99
Based on a normal probability distribution, the odds of Sobr Safe to stay under $ 65.23  after 90 days from now is close to 99 (This Sobr Safe probability density function shows the probability of Sobr Stock to fall within a particular range of prices over 90 days) . Probability of Sobr Safe price to stay between its current price of $ 1.03  and $ 65.23  at the end of the 90-day period is about 98.0 .
Given the investment horizon of 90 days Sobr Safe has a beta of -1.3. This usually implies as returns on its benchmark rise, returns on holding Sobr Safe are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sobr Safe is expected to outperform its benchmark. Additionally Sobr Safe 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.
   Sobr Safe Price Density   
       Price  

Predictive Modules for Sobr Safe

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sobr Safe. 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.
Hype
Prediction
LowEstimatedHigh
0.030.6625.74
Details
Intrinsic
Valuation
LowRealHigh
0.102.0327.11
Details
0 Analysts
Consensus
LowTargetHigh
4.615.075.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sobr Safe. Your research has to be compared to or analyzed against Sobr Safe's peers to derive any actionable benefits. When done correctly, Sobr Safe's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sobr Safe.

Sobr Safe Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Sobr Safe is not an exception. The market had few large corrections towards the Sobr Safe'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 Sobr Safe, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sobr Safe within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-1.2
β
Beta against Dow Jones-1.3
σ
Overall volatility
2.43
Ir
Information ratio -0.05

Sobr Safe 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 Sobr Safe for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sobr Safe can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Sobr Safe generated a negative expected return over the last 90 days
Sobr Safe has high historical volatility and very poor performance
Sobr Safe has some characteristics of a very speculative penny stock
Sobr Safe has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 157.29 K. Net Loss for the year was (10.21 M) with profit before overhead, payroll, taxes, and interest of 0.
Sobr Safe currently holds about 3.75 M in cash with (5.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Sobr Safe has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Sobr Safe stock hits 52-week low at 3.68 amid sharp decline - Investing.com

Sobr Safe 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 Sobr Stock often depends not only on the future outlook of the current and potential Sobr Safe'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. Sobr Safe's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding18.1 M
Cash And Short Term Investments2.8 M

Sobr Safe Technical Analysis

Sobr Safe's future price can be derived by breaking down and analyzing its technical indicators over time. Sobr Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sobr Safe. In general, you should focus on analyzing Sobr Stock price patterns and their correlations with different microeconomic environments and drivers.

Sobr Safe Predictive Forecast Models

Sobr Safe's time-series forecasting models is one of many Sobr Safe'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 Sobr Safe'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 Sobr Safe

Checking the ongoing alerts about Sobr Safe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sobr Safe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Sobr Safe generated a negative expected return over the last 90 days
Sobr Safe has high historical volatility and very poor performance
Sobr Safe has some characteristics of a very speculative penny stock
Sobr Safe has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 157.29 K. Net Loss for the year was (10.21 M) with profit before overhead, payroll, taxes, and interest of 0.
Sobr Safe currently holds about 3.75 M in cash with (5.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Sobr Safe has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Sobr Safe stock hits 52-week low at 3.68 amid sharp decline - Investing.com

Additional Tools for Sobr Stock Analysis

When running Sobr Safe's price analysis, check to measure Sobr Safe'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 Sobr Safe is operating at the current time. Most of Sobr Safe's value examination focuses on studying past and present price action to predict the probability of Sobr Safe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sobr Safe's price. Additionally, you may evaluate how the addition of Sobr Safe to your portfolios can decrease your overall portfolio volatility.