Soje Stock Price on April 15, 2024
| SOJE Stock | USD 19.37 0.02 0.10% |
If you're considering investing in SOJE Stock, it is important to understand the factors that can impact its price. As of today, the current price of SOJE stands at 19.37, as last reported on the 23rd of May, with the highest price reaching 19.42 and the lowest price hitting 19.32 during the day. SOJE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0676, which indicates the firm had a -0.0676% return per unit of volatility over the last 3 months. SOJE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOJE's risk adjusted performance of (0.04), and Variance of 1.08 to confirm the risk estimate we provide.
At present, SOJE's Preferred Stock And Other Adjustments is projected to decrease significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to about 10.8 B, whereas Total Stockholder Equity is forecasted to decline to about 18.7 B. . At present, SOJE's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 3.18, whereas Price Book Value Ratio is forecasted to decline to 1.50. SOJE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SOJE |
Sharpe Ratio = -0.0676
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| Negative Returns | SOJE |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SOJE is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SOJE by adding SOJE to a well-diversified portfolio.
Market Capitalization 65.7 B |
SOJE Main Headline on 15th of April 2024
SOJE dividend paid on 15th of April 2024 |
SOJE Valuation on April 15, 2024
It is possible to determine the worth of SOJE on a given historical date. On April 15, 2024 SOJE was worth 19.4 at the beginning of the trading date compared to the closed value of 18.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOJE stock. Still, in general, we apply an absolute valuation method to find SOJE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SOJE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOJE's related companies.
| Open | High | Low | Close | Volume | |
| 19.57 | 19.70 | 19.45 | 19.45 | 18,900 | |
04/15/2024 | 19.40 | 19.40 | 18.77 | 18.80 | 57,100 |
| 18.69 | 18.90 | 18.69 | 18.78 | 92,600 |
| Backtest SOJE | | | SOJE History | | | SOJE Valuation | Previous | Next |
SOJE Trading Date Momentum on April 15, 2024
| On April 16 2024 SOJE was traded for 18.78 at the closing time. The top price for the day was 18.90 and the lowest listed price was 18.69 . The trading volume for the day was 92.6 K. The trading history from April 16, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.11% . The trading price change against the current closing price is 4.52% . |
SOJE Fundamentals Correlations and Trends
By evaluating SOJE's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SOJE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SOJE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SOJE Stock history
SOJE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SOJE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SOJE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SOJE stock prices may prove useful in developing a viable investing in SOJE
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 847.2 M | |
| Net Income Applicable To Common Shares | 4.1 B | 3 B |
SOJE Stock Technical Analysis
SOJE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
SOJE Period Price Range
Low | April 15, 2024
| High |
19.40 | 18.80 |
SOJE May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how SOJE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOJE shares will generate the highest return on investment. By undertsting and applying SOJE stock market strength indicators, traders can identify SOJE entry and exit signals to maximize returns
SOJE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SOJE's price direction in advance. Along with the technical and fundamental analysis of SOJE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOJE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.10) |
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| Math Transform | ||
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOJE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. For information on how to trade SOJE Stock refer to our How to Trade SOJE Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for SOJE Stock analysis
When running SOJE's price analysis, check to measure SOJE'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 SOJE is operating at the current time. Most of SOJE's value examination focuses on studying past and present price action to predict the probability of SOJE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOJE's price. Additionally, you may evaluate how the addition of SOJE to your portfolios can decrease your overall portfolio volatility.
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Is SOJE'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 SOJE. If investors know SOJE 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 SOJE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.1204 |
The market value of SOJE is measured differently than its book value, which is the value of SOJE that is recorded on the company's balance sheet. Investors also form their own opinion of SOJE's value that differs from its market value or its book value, called intrinsic value, which is SOJE'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 SOJE's market value can be influenced by many factors that don't directly affect SOJE'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 SOJE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SOJE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SOJE'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.