Sharkninja, Stock Market Value
SN Stock | USD 98.34 2.10 2.09% |
Symbol | SharkNinja, |
SharkNinja, Price To Book Ratio
Is Household Appliances 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 SharkNinja,. If investors know SharkNinja, 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 SharkNinja, 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 6.231 | Earnings Share 2.55 | Revenue Per Share 36.67 | Quarterly Revenue Growth 0.332 | Return On Assets 0.0865 |
The market value of SharkNinja, is measured differently than its book value, which is the value of SharkNinja, that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja,'s value that differs from its market value or its book value, called intrinsic value, which is SharkNinja,'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 SharkNinja,'s market value can be influenced by many factors that don't directly affect SharkNinja,'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 SharkNinja,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja,'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.
SharkNinja, 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SharkNinja,'s stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SharkNinja,.
10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in SharkNinja, on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding SharkNinja, or generate 0.0% return on investment in SharkNinja, over 30 days. SharkNinja, is related to or competes with AmTrust Financial, Glacier Bancorp, Teleflex Incorporated, Commonwealth Bank, Discover Financial, Neogen, and PennantPark Floating. Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and developmen... More
SharkNinja, Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SharkNinja,'s stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SharkNinja, upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 3.36 | |||
Information Ratio | 0.027 | |||
Maximum Drawdown | 21.12 | |||
Value At Risk | (2.71) | |||
Potential Upside | 4.18 |
SharkNinja, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SharkNinja,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SharkNinja,'s standard deviation. In reality, there are many statistical measures that can use SharkNinja, historical prices to predict the future SharkNinja,'s volatility.Risk Adjusted Performance | 0.0561 | |||
Jensen Alpha | 0.0865 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.0239 | |||
Treynor Ratio | 0.1918 |
SharkNinja, Backtested Returns
SharkNinja, appears to be very steady, given 3 months investment horizon. SharkNinja, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0655, which indicates the firm had a 0.0655% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for SharkNinja,, which you can use to evaluate the volatility of the company. Please review SharkNinja,'s Semi Deviation of 3.13, risk adjusted performance of 0.0561, and Coefficient Of Variation of 1567.39 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SharkNinja, holds a performance score of 5. The entity has a beta of 0.94, which indicates possible diversification benefits within a given portfolio. SharkNinja, returns are very sensitive to returns on the market. As the market goes up or down, SharkNinja, is expected to follow. Please check SharkNinja,'s total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether SharkNinja,'s existing price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
SharkNinja, has good predictability. Overlapping area represents the amount of predictability between SharkNinja, time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SharkNinja, price movement. The serial correlation of 0.68 indicates that around 68.0% of current SharkNinja, price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.68 | |
Spearman Rank Test | 0.66 | |
Residual Average | 0.0 | |
Price Variance | 6.32 |
SharkNinja, lagged returns against current returns
Autocorrelation, which is SharkNinja, stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SharkNinja,'s stock expected returns. We can calculate the autocorrelation of SharkNinja, returns to help us make a trade decision. For example, suppose you find that SharkNinja, has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
SharkNinja, regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SharkNinja, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SharkNinja, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SharkNinja, stock over time.
Current vs Lagged Prices |
Timeline |
SharkNinja, Lagged Returns
When evaluating SharkNinja,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SharkNinja, stock have on its future price. SharkNinja, autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SharkNinja, autocorrelation shows the relationship between SharkNinja, stock current value and its past values and can show if there is a momentum factor associated with investing in SharkNinja,.
Regressed Prices |
Timeline |
Pair Trading with SharkNinja,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SharkNinja, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SharkNinja, will appreciate offsetting losses from the drop in the long position's value.Moving against SharkNinja, Stock
0.44 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to SharkNinja, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SharkNinja, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SharkNinja, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SharkNinja, to buy it.
The correlation of SharkNinja, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SharkNinja, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SharkNinja, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SharkNinja, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out SharkNinja, Correlation, SharkNinja, Volatility and SharkNinja, Alpha and Beta module to complement your research on SharkNinja,. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
SharkNinja, 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.