Sony Group Stock Forecast - Rate Of Daily Change
| SONY Stock | USD 84.08 1.19 1.44% |
Sony Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sony Group stock prices and determine the direction of Sony Group Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sony Group's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sony Group's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sony Group's systematic risk associated with finding meaningful patterns of Sony Group fundamentals over time.
Check out Historical Fundamental Analysis of Sony Group to cross-verify your projections. Sony |
Open Interest Against 2024-05-03 Sony Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sony Group's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Sony Group's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sony Group stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Sony Group's open interest, investors have to compare it to Sony Group's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Sony Group is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Sony. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Sony Group cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Sony Group's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sony Group's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Sony Group.| Check Sony Group Volatility | Backtest Sony Group | Information Ratio |
Sony Group Trading Date Momentum
| On May 02 2024 Sony Group Corp was traded for 84.08 at the closing time. The top price for the day was 84.63 and the lowest listed price was 83.44 . The trading volume for the day was 657.1 K. The trading history from May 2, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.05% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Sony Group
For every potential investor in Sony, whether a beginner or expert, Sony Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sony Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sony. Basic forecasting techniques help filter out the noise by identifying Sony Group's price trends.Sony Group Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sony Group stock to make a market-neutral strategy. Peer analysis of Sony Group could also be used in its relative valuation, which is a method of valuing Sony Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sony Group Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sony Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sony Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sony Group Market Strength Events
Market strength indicators help investors to evaluate how Sony Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sony Group shares will generate the highest return on investment. By undertsting and applying Sony Group stock market strength indicators, traders can identify Sony Group Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 9240.24 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 84.04 | |||
| Day Typical Price | 84.05 | |||
| Price Action Indicator | 0.64 | |||
| Period Momentum Indicator | 1.19 |
Sony Group Risk Indicators
The analysis of Sony Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sony Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sony stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8619 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.39 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Sony Group Investors Sentiment
The influence of Sony Group's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sony. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sony Group's public news can be used to forecast risks associated with an investment in Sony. The trend in average sentiment can be used to explain how an investor holding Sony can time the market purely based on public headlines and social activities around Sony Group Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sony Group's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sony Group's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sony Group's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sony Group.
Sony Group Implied Volatility | 31.62 |
Sony Group's implied volatility exposes the market's sentiment of Sony Group Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sony Group's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sony Group stock will not fluctuate a lot when Sony Group's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sony Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sony Group's short interest history, or implied volatility extrapolated from Sony Group options trading.
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When determining whether Sony Group Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sony Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sony Group Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sony Group Corp Stock:Check out Historical Fundamental Analysis of Sony Group to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Sony Stock analysis
When running Sony Group's price analysis, check to measure Sony 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 Sony Group is operating at the current time. Most of Sony Group's value examination focuses on studying past and present price action to predict the probability of Sony 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 Sony Group's price. Additionally, you may evaluate how the addition of Sony Group to your portfolios can decrease your overall portfolio volatility.
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Is Sony Group's industry 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 Sony Group. If investors know Sony 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 Sony Group 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 0.136 | Dividend Share 80 | Earnings Share 4.42 | Revenue Per Share 10.7 K | Quarterly Revenue Growth 0.217 |
The market value of Sony Group Corp is measured differently than its book value, which is the value of Sony that is recorded on the company's balance sheet. Investors also form their own opinion of Sony Group's value that differs from its market value or its book value, called intrinsic value, which is Sony Group's 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 Sony Group's market value can be influenced by many factors that don't directly affect Sony Group's 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 Sony Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sony Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sony Group's 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.