Sonos Inc Stock Chance of Future Stock Price Finishing Under 4.27
| SONO Stock | USD 14.56 0.15 1.04% |
Sonos |
Sonos Target Price Odds to finish below 4.27
The tendency of Sonos 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 $ 4.27 or more in 90 days |
| 14.56 | 90 days | 4.27 | near 1 |
Based on a normal probability distribution, the odds of Sonos to drop to $ 4.27 or more in 90 days from now is near 1 (This Sonos Inc probability density function shows the probability of Sonos Stock to fall within a particular range of prices over 90 days) . Probability of Sonos Inc price to stay between $ 4.27 and its current price of $14.56 at the end of the 90-day period is about 92.58 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.03 . This usually implies Sonos Inc market returns are highly reactive to returns on the market. As the market goes up or down, Sonos is expected to follow. Additionally Sonos Inc has an alpha of 0.2256, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sonos Price Density |
| Price |
Predictive Modules for Sonos
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sonos Inc. 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.Sonos Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sonos is not an exception. The market had few large corrections towards the Sonos' 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 Sonos Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sonos within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | 0.09 |
Sonos 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 Sonos for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sonos Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 1.52 B. Net Loss for the year was (38.15 M) with profit before overhead, payroll, taxes, and interest of 796.37 M. | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Can Sonys Gaming Segment Fuel its Growth Momentum in 2025 |
Sonos 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 Sonos Stock often depends not only on the future outlook of the current and potential Sonos' 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. Sonos' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123.2 M | |
| Cash And Short Term Investments | 221.2 M |
Sonos Technical Analysis
Sonos' future price can be derived by breaking down and analyzing its technical indicators over time. Sonos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sonos Inc. In general, you should focus on analyzing Sonos Stock price patterns and their correlations with different microeconomic environments and drivers.
Sonos Predictive Forecast Models
Sonos' time-series forecasting models is one of many Sonos' 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 Sonos' 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 Sonos Inc
Checking the ongoing alerts about Sonos for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sonos Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 1.52 B. Net Loss for the year was (38.15 M) with profit before overhead, payroll, taxes, and interest of 796.37 M. | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Can Sonys Gaming Segment Fuel its Growth Momentum in 2025 |
Check out Sonos Backtesting, Sonos Valuation, Sonos Correlation, Sonos Hype Analysis, Sonos Volatility, Sonos History as well as Sonos Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Consumer Electronics 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 Sonos. If investors know Sonos 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 Sonos 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 0.123 | Earnings Share (0.31) | Revenue Per Share 12.32 | Quarterly Revenue Growth (0.16) | Return On Assets (0.03) |
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.