Sportsmans Stock Market Value
| SPWH Stock | USD 2.01 0.01 0.50% |
| Symbol | Sportsmans |
Sportsmans Company Valuation
Is Other Specialty Retail 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 Sportsmans. If investors know Sportsmans 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 Sportsmans 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 (0.78) | Earnings Share (0.91) | Revenue Per Share 33.131 | Quarterly Revenue Growth (0.07) | Return On Assets (0.02) |
The market value of Sportsmans is measured differently than its book value, which is the value of Sportsmans that is recorded on the company's balance sheet. Investors also form their own opinion of Sportsmans' value that differs from its market value or its book value, called intrinsic value, which is Sportsmans' 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 Sportsmans' market value can be influenced by many factors that don't directly affect Sportsmans' 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 Sportsmans' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportsmans is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportsmans' 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.
Sportsmans '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 Sportsmans' 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 Sportsmans.
| 05/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Sportsmans on May 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sportsmans or generate 0.0% return on investment in Sportsmans over 180 days. Sportsmans is related to or competes with MarineMax, Build A, Leslies, Sally Beauty, National Vision, 1 800, and ODP Corp. Sportsmans Warehouse Holdings, Inc., together with its subsidiaries, operates as an outdoor sporting goods retailer in t... More
Sportsmans 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 Sportsmans' 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 Sportsmans upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.82 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 9.09 |
Sportsmans Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sportsmans' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sportsmans' standard deviation. In reality, there are many statistical measures that can use Sportsmans historical prices to predict the future Sportsmans' volatility.| Risk Adjusted Performance | 0.0083 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sportsmans' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sportsmans Backtested Returns
Sportsmans owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.025, which indicates the firm had a -0.025% return per unit of risk over the last 3 months. Sportsmans exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sportsmans' Coefficient Of Variation of (2,169,227), variance of 21.03, and Risk Adjusted Performance of 0.0083 to confirm the risk estimate we provide. The entity has a beta of 1.25, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sportsmans will likely underperform. At this point, Sportsmans has a negative expected return of -0.12%. Please make sure to validate Sportsmans' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Sportsmans performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Sportsmans has weak reverse predictability. Overlapping area represents the amount of predictability between Sportsmans time series from 29th of May 2024 to 27th of August 2024 and 27th of August 2024 to 25th 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 Sportsmans price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Sportsmans price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Sportsmans lagged returns against current returns
Autocorrelation, which is Sportsmans 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 Sportsmans' stock expected returns. We can calculate the autocorrelation of Sportsmans returns to help us make a trade decision. For example, suppose you find that Sportsmans 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 |
Sportsmans 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 Sportsmans stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sportsmans stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sportsmans stock over time.
Current vs Lagged Prices |
| Timeline |
Sportsmans Lagged Returns
When evaluating Sportsmans' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sportsmans stock have on its future price. Sportsmans 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, Sportsmans autocorrelation shows the relationship between Sportsmans stock current value and its past values and can show if there is a momentum factor associated with investing in Sportsmans.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Sportsmans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sportsmans' 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 Sportsmans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sportsmans Stock:Check out Sportsmans Correlation, Sportsmans Volatility and Sportsmans Alpha and Beta module to complement your research on Sportsmans. For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Sportsmans 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.