Sogn Sparebank (Norway) Price Prediction

SOGN Stock  NOK 249.30  5.65  2.22%   
The value of RSI of Sogn Sparebank's share price is above 70 as of now. This usually implies that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Sogn, making its price go up or down.

Oversold Vs Overbought

77

 
Oversold
 
Overbought
The successful prediction of Sogn Sparebank's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Sogn Sparebank and does not consider all of the tangible or intangible factors available from Sogn Sparebank's fundamental data. We analyze noise-free headlines and recent hype associated with Sogn Sparebank, which may create opportunities for some arbitrage if properly timed.
Using Sogn Sparebank hype-based prediction, you can estimate the value of Sogn Sparebank from the perspective of Sogn Sparebank response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Sogn Sparebank to buy its stock at a price that has no basis in reality. In that case, they are not buying Sogn because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Sogn Sparebank after-hype prediction price

    
  NOK 249.3  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Sogn Sparebank Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
201.59204.03274.23
Details
Naive
Forecast
LowNextHigh
237.57240.01242.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
209.25244.63280.01
Details

Sogn Sparebank After-Hype Price Prediction Density Analysis

As far as predicting the price of Sogn Sparebank at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Sogn Sparebank or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Sogn Sparebank, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Sogn Sparebank Estimiated After-Hype Price Volatility

In the context of predicting Sogn Sparebank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sogn Sparebank's historical news coverage. Sogn Sparebank's after-hype downside and upside margins for the prediction period are 246.86 and 251.74, respectively. We have considered Sogn Sparebank's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
249.30
246.86
Downside
249.30
After-hype Price
251.74
Upside
Sogn Sparebank is very steady at this time. Analysis and calculation of next after-hype price of Sogn Sparebank is based on 3 months time horizon.

Sogn Sparebank Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Sogn Sparebank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sogn Sparebank backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Sogn Sparebank, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.35 
2.42
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
249.30
249.30
0.00 
0.00  
Notes

Sogn Sparebank Hype Timeline

Sogn Sparebank is at this time traded for 249.30on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Sogn is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.35%. %. The volatility of related hype on Sogn Sparebank is about 0.0%, with the expected price after the next announcement by competition of 249.30. About 41.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.08. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sogn Sparebank recorded earning per share (EPS) of 20.93. The entity last dividend was issued on the 28th of April 2022. Assuming the 90 days trading horizon the next expected press release will be within a week.
Check out Sogn Sparebank Basic Forecasting Models to cross-verify your projections.

Sogn Sparebank Related Hype Analysis

Having access to credible news sources related to Sogn Sparebank's direct competition is more important than ever and may enhance your ability to predict Sogn Sparebank's future price movements. Getting to know how Sogn Sparebank's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Sogn Sparebank may potentially react to the hype associated with one of its peers.

Sogn Sparebank Additional Predictive Modules

Most predictive techniques to examine Sogn price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sogn using various technical indicators. When you analyze Sogn 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 Sogn Sparebank Predictive Indicators

The successful prediction of Sogn Sparebank stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Sogn Sparebank, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Sogn Sparebank based on analysis of Sogn Sparebank hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Sogn Sparebank's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Sogn Sparebank's related companies.

Story Coverage note for Sogn Sparebank

The number of cover stories for Sogn Sparebank depends on current market conditions and Sogn Sparebank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sogn Sparebank is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Sogn Sparebank's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Sogn Sparebank Short Properties

Sogn Sparebank's future price predictability will typically decrease when Sogn Sparebank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sogn Sparebank often depends not only on the future outlook of the potential Sogn Sparebank'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. Sogn Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding632.5 K
Cash And Short Term Investments88 M

Other Information on Investing in Sogn Stock

Sogn Sparebank financial ratios help investors to determine whether Sogn Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sogn with respect to the benefits of owning Sogn Sparebank security.