Sasol (South Africa) Chance of Future Stock Price Finishing Under 9,299
| SOL Stock | 9,280 61.00 0.65% |
Sasol |
Sasol Target Price Odds to finish below 9,299
The tendency of Sasol 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 move below current price in 90 days |
| 9,280 | 90 days | 9,280 | about 11.9 |
Based on a normal probability distribution, the odds of Sasol to move below current price in 90 days from now is about 11.9 (This Sasol probability density function shows the probability of Sasol Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sasol has a beta of 0.37. This usually implies as returns on the market go up, Sasol average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sasol will be expected to be much smaller as well. Additionally Sasol 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. Sasol Price Density |
| Price |
Predictive Modules for Sasol
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sasol. 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.Sasol Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sasol is not an exception. The market had few large corrections towards the Sasol'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 Sasol, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sasol within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 1,258 | |
Ir | Information ratio | -0.19 |
Sasol 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 Sasol for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sasol can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sasol generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by institutional investors |
Sasol 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 Sasol Stock often depends not only on the future outlook of the current and potential Sasol'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. Sasol's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 627.8 M | |
| Cash And Short Term Investments | 43.5 B |
Sasol Technical Analysis
Sasol's future price can be derived by breaking down and analyzing its technical indicators over time. Sasol Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sasol. In general, you should focus on analyzing Sasol Stock price patterns and their correlations with different microeconomic environments and drivers.
Sasol Predictive Forecast Models
Sasol's time-series forecasting models is one of many Sasol'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 Sasol'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 Sasol
Checking the ongoing alerts about Sasol for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sasol help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sasol generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Sasol Stock
When determining whether Sasol is a strong investment it is important to analyze Sasol's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sasol's future performance. For an informed investment choice regarding Sasol Stock, refer to the following important reports:Check out Sasol Backtesting, Sasol Valuation, Sasol Correlation, Sasol Hype Analysis, Sasol Volatility, Sasol History as well as Sasol Performance. For information on how to trade Sasol Stock refer to our How to Trade Sasol Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.