Shotspotter Stock Price on September 30, 2023

SSTI Stock  USD 12.36  0.62  5.28%   
Below is the normalized historical share price chart for Shotspotter extending back to June 07, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Shotspotter stands at 12.36, as last reported on the 23rd of November, with the highest price reaching 12.68 and the lowest price hitting 11.87 during the day.
IPO Date
7th of June 2017
200 Day MA
13.9603
50 Day MA
11.6431
Beta
1.168
 
Covid
If you're considering investing in Shotspotter Stock, it is important to understand the factors that can impact its price. Shotspotter owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0729, which indicates the firm had a -0.0729% return per unit of risk over the last 3 months. Shotspotter exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shotspotter's Coefficient Of Variation of (2,078), variance of 14.94, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
As of now, Shotspotter's Total Stockholder Equity is increasing as compared to previous years. The Shotspotter's current Stock Based Compensation is estimated to increase to about 10.5 M, while Common Stock Total Equity is projected to decrease to under 48.7 K. . As of now, Shotspotter's Price To Book Ratio is increasing as compared to previous years. The Shotspotter's current Price Cash Flow Ratio is estimated to increase to 30.25, while Price To Sales Ratio is projected to decrease to 3.23. Shotspotter Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0729

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Estimated Market Risk

 3.66
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.27
  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 Shotspotter 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 Shotspotter by adding Shotspotter to a well-diversified portfolio.
Price Book
2.0155
Enterprise Value Ebitda
25.1269
Price Sales
1.412
Shares Float
8.6 M
Wall Street Target Price
20.6

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Shotspotter Valuation on September 30, 2023

It is possible to determine the worth of Shotspotter on a given historical date. On September 30, 2023 Shotspotter was worth 17.89 at the beginning of the trading date compared to the closed value of 17.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shotspotter stock. Still, in general, we apply an absolute valuation method to find Shotspotter'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 Shotspotter where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shotspotter's related companies.
 Open High Low Close Volume
  17.30    17.99    17.26    17.83    17,983  
09/29/2023
  17.89    18.27    17.59    17.90    34,787  
  17.70    17.70    17.34    17.48    24,380  
Backtest Shotspotter  |  Shotspotter History  |  Shotspotter Valuation   PreviousNext  
Open Value
17.89
17.9
Closing Value
28.88
Upside

Shotspotter Trading Date Momentum on September 30, 2023

On October 02 2023 Shotspotter was traded for  17.48  at the closing time. The top price for the day was 17.70  and the lowest listed price was  17.34 . The trading volume for the day was 24.4 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.35% . The trading price change against the current closing price is 2.07% .

Shotspotter Fundamentals Correlations and Trends

By evaluating Shotspotter'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 Shotspotter's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shotspotter financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shotspotter Stock history

Shotspotter 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 Shotspotter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shotspotter 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 Shotspotter stock prices may prove useful in developing a viable investing in Shotspotter
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.4 M10.9 M
Net Income Applicable To Common Shares7.3 M7.7 M

Shotspotter Stock Technical Analysis

Shotspotter 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.
A focus of Shotspotter technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shotspotter trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shotspotter Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

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Shotspotter cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Shotspotter November 23, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shotspotter's price direction in advance. Along with the technical and fundamental analysis of Shotspotter Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shotspotter 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.

Complementary Tools for Shotspotter Stock analysis

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