Sanofi (Mexico) Chance of Future Stock Price Finishing Over 816.01
| SNYN Stock | MXN 816.34 17.66 2.12% |
Sanofi |
Sanofi Target Price Odds to finish over 816.01
The tendency of Sanofi 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 stay above 816.01 in 90 days |
| 816.34 | 90 days | 816.01 | about 28.04 |
Based on a normal probability distribution, the odds of Sanofi to stay above 816.01 in 90 days from now is about 28.04 (This Sanofi probability density function shows the probability of Sanofi Stock to fall within a particular range of prices over 90 days) . Probability of Sanofi price to stay between 816.01 and its current price of 816.34 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Sanofi has a beta of -0.24. This usually implies as returns on the benchmark increase, returns on holding Sanofi are expected to decrease at a much lower rate. During a bear market, however, Sanofi is likely to outperform the market. Additionally Sanofi has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Sanofi Price Density |
| Price |
Predictive Modules for Sanofi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sanofi. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sanofi's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sanofi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sanofi is not an exception. The market had few large corrections towards the Sanofi'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 Sanofi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sanofi within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | -0.24 | |
σ | Overall volatility | 15.47 | |
Ir | Information ratio | -0.09 |
Sanofi 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 Sanofi Stock often depends not only on the future outlook of the current and potential Sanofi'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. Sanofi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Sanofi Technical Analysis
Sanofi's future price can be derived by breaking down and analyzing its technical indicators over time. Sanofi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sanofi. In general, you should focus on analyzing Sanofi Stock price patterns and their correlations with different microeconomic environments and drivers.
Sanofi Predictive Forecast Models
Sanofi's time-series forecasting models is one of many Sanofi'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 Sanofi'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.
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 Sanofi 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, Sanofi's short interest history, or implied volatility extrapolated from Sanofi options trading.
Check out Sanofi Backtesting, Sanofi Valuation, Sanofi Correlation, Sanofi Hype Analysis, Sanofi Volatility, Sanofi History as well as Sanofi Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Sanofi Stock analysis
When running Sanofi's price analysis, check to measure Sanofi'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 Sanofi is operating at the current time. Most of Sanofi's value examination focuses on studying past and present price action to predict the probability of Sanofi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanofi's price. Additionally, you may evaluate how the addition of Sanofi to your portfolios can decrease your overall portfolio volatility.
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