Sleep Number Corp Stock Statistic Functions Beta

SNBR Stock  USD 15.00  0.16  1.06%   
Sleep Number statistic functions tool provides the execution environment for running the Beta function and other technical functions against Sleep Number. Sleep Number value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Sleep Number statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Sleep Number Corp correlated with the market. If Beta is less than 0 Sleep Number generally moves in the opposite direction as compared to the market. If Sleep Number Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sleep Number Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sleep Number is generally in the same direction as the market. If Beta > 1 Sleep Number moves generally in the same direction as, but more than the movement of the benchmark.

Sleep Number Technical Analysis Modules

Most technical analysis of Sleep Number help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sleep from various momentum indicators to cycle indicators. When you analyze Sleep 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 Sleep Number Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sleep Number Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sleep Number Corp based on widely used predictive technical indicators. In general, we focus on analyzing Sleep Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sleep Number's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Sleep Number's intrinsic value. In addition to deriving basic predictive indicators for Sleep Number, we also check how macroeconomic factors affect Sleep Number price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2016 2022 2023 2024 (projected)
Payables Turnover4.765.185.956.55
Days Of Inventory On Hand54.6545.6441.0732.68
Hype
Prediction
LowEstimatedHigh
9.1515.0620.97
Details
Intrinsic
Valuation
LowRealHigh
13.3619.2725.18
Details
Naive
Forecast
LowNextHigh
9.7615.6721.57
Details
5 Analysts
Consensus
LowTargetHigh
23.3625.6728.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sleep Number. Your research has to be compared to or analyzed against Sleep Number's peers to derive any actionable benefits. When done correctly, Sleep Number's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sleep Number Corp.

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Additional Tools for Sleep Stock Analysis

When running Sleep Number's price analysis, check to measure Sleep Number'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 Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.