Shotspotter Stock Forecast - Daily Balance Of Power

SSTI Stock  USD 13.39  0.14  1.06%   
Shotspotter Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Shotspotter's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Shotspotter's Inventory Turnover is decreasing as compared to previous years. The Shotspotter's current Receivables Turnover is estimated to increase to 4.27, while Payables Turnover is projected to decrease to 10.26. . The Shotspotter's current Net Income Applicable To Common Shares is estimated to increase to about 7.7 M, while Common Stock Shares Outstanding is projected to decrease to under 10.9 M.
On January 2, 2024 Shotspotter had Daily Balance Of Power of (0.92). Balance of Power indicator (or BOP) measures the strength of Shotspotter market sensitivity to bulls and bears. It estimates the ability of Shotspotter buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Shotspotter Balance of Power indicator one can determine a trend of the price direction.
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Shotspotter Trading Date Momentum

On January 03 2024 Shotspotter was traded for  23.58  at the closing time. The top price for the day was 24.03  and the lowest listed price was  23.22 . The trading volume for the day was 31.5 K. The trading history from January 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.26% . The trading price change against the current closing price is 0.38% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Shotspotter

For every potential investor in Shotspotter, whether a beginner or expert, Shotspotter's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shotspotter Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shotspotter. Basic forecasting techniques help filter out the noise by identifying Shotspotter's price trends.

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 Risk & Return  Correlation

Shotspotter 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 Shotspotter'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 Shotspotter's current price.

Shotspotter Market Strength Events

Market strength indicators help investors to evaluate how Shotspotter stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shotspotter shares will generate the highest return on investment. By undertsting and applying Shotspotter stock market strength indicators, traders can identify Shotspotter entry and exit signals to maximize returns.

Shotspotter Risk Indicators

The analysis of Shotspotter'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 Shotspotter's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shotspotter 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.
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.

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When determining whether Shotspotter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shotspotter'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 Shotspotter Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shotspotter Stock:
Check out Historical Fundamental Analysis of Shotspotter to cross-verify your projections.
For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Application Software space 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 Shotspotter. If investors know Shotspotter 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 Shotspotter 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
3.399
Earnings Share
(0.10)
Revenue Per Share
8.21
Quarterly Revenue Growth
0.095
Return On Assets
(0.02)
The market value of Shotspotter is measured differently than its book value, which is the value of Shotspotter that is recorded on the company's balance sheet. Investors also form their own opinion of Shotspotter's value that differs from its market value or its book value, called intrinsic value, which is Shotspotter'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 Shotspotter's market value can be influenced by many factors that don't directly affect Shotspotter'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 Shotspotter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shotspotter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shotspotter'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.