Sleep Number Corp Stock Price Prediction
| SNBR Stock | USD 10.03 0.56 5.29% |
Momentum 61
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.98) | EPS Estimate Next Quarter 0.045 | EPS Estimate Current Year (3.76) | EPS Estimate Next Year (0.64) | Wall Street Target Price 9 |
Using Sleep Number hype-based prediction, you can estimate the value of Sleep Number Corp from the perspective of Sleep Number response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Sleep Number using Sleep Number's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Sleep using crowd psychology based on the activity and movement of Sleep Number's stock price.
Sleep Number Short Interest
An investor who is long Sleep Number may also wish to track short interest. As short interest increases, investors should be becoming more worried about Sleep Number and may potentially protect profits, hedge Sleep Number with its derivative instruments, or be ready for some potential downside.
200 Day MA 7.7427 | Short Percent 0.288 | Short Ratio 7.37 | Shares Short Prior Month 5.8 M | 50 Day MA 7.3772 |
Sleep Number Corp Hype to Price Pattern
Investor biases related to Sleep Number's public news can be used to forecast risks associated with an investment in Sleep. The trend in average sentiment can be used to explain how an investor holding Sleep can time the market purely based on public headlines and social activities around Sleep Number Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Sleep Number's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Sleep Number.
Sleep Number Implied Volatility | 1.38 |
Sleep Number's implied volatility exposes the market's sentiment of Sleep Number Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sleep Number's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sleep Number stock will not fluctuate a lot when Sleep Number's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Sleep Number to buy its stock at a price that has no basis in reality. In that case, they are not buying Sleep because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Sleep Number after-hype prediction price | USD 10.05 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Sleep contract
Based on the Rule 16, the options market is currently suggesting that Sleep Number Corp will have an average daily up or down price movement of about 0.0862% per day over the life of the 2026-03-20 option contract. With Sleep Number trading at USD 10.03, that is roughly USD 0.008651 . If you think that the market is fully incorporating Sleep Number's daily price movement you should consider acquiring Sleep Number Corp options at the current volatility level of 1.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out Sleep Number Basic Forecasting Models to cross-verify your projections. Sleep Number After-Hype Price Density Analysis
As far as predicting the price of Sleep Number at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Sleep Number or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Sleep Number, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Sleep Number Estimiated After-Hype Price Volatility
In the context of predicting Sleep Number's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sleep Number's historical news coverage. Sleep Number's after-hype downside and upside margins for the prediction period are 3.93 and 16.17, respectively. We have considered Sleep Number's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Sleep Number is moderately volatile at this time. Analysis and calculation of next after-hype price of Sleep Number Corp is based on 3 months time horizon.
Sleep Number Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Sleep Number is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sleep Number backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Sleep Number, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.16 | 6.12 | 0.02 | 0.13 | 11 Events / Month | 6 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
10.03 | 10.05 | 0.20 |
|
Sleep Number Hype Timeline
Sleep Number Corp is at this time traded for 10.03. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of -0.13. Sleep is forecasted to increase in value after the next headline, with the price projected to jump to 10.05 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.2%, whereas the daily expected return is at this time at 1.16%. The volatility of related hype on Sleep Number is about 5614.68%, with the expected price after the next announcement by competition of 9.90. The company reported the previous year's revenue of 1.68 B. Net Loss for the year was (20.33 M) with profit before overhead, payroll, taxes, and interest of 865.25 M. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days. Check out Sleep Number Basic Forecasting Models to cross-verify your projections.Sleep Number Related Hype Analysis
Having access to credible news sources related to Sleep Number's direct competition is more important than ever and may enhance your ability to predict Sleep Number's future price movements. Getting to know how Sleep Number's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Sleep Number may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| COOK | Traeger | (0.05) | 8 per month | 4.98 | 0.05 | 10.99 | (9.80) | 37.58 | |
| VIRC | Virco Manufacturing | 0.06 | 8 per month | 0.00 | (0.14) | 3.53 | (3.72) | 11.88 | |
| KEQU | Kewaunee Scientific | 0.09 | 9 per month | 0.00 | (0.15) | 3.21 | (2.95) | 10.57 | |
| BSET | Bassett Furniture Industries | (0.02) | 9 per month | 1.60 | 0.02 | 3.13 | (3.24) | 9.55 | |
| HOFT | Hooker Furniture | (0.19) | 9 per month | 2.00 | 0.20 | 4.90 | (3.41) | 14.96 | |
| PRPL | Purple Innovation | (0.02) | 9 per month | 0.00 | (0.06) | 6.25 | (5.48) | 27.01 | |
| FOSL | Fossil Group | (0.16) | 8 per month | 4.51 | 0.11 | 9.05 | (9.09) | 26.80 | |
| IRBT | IRobot | (0.24) | 10 per month | 0.00 | (0.12) | 21.78 | (33.87) | 146.53 | |
| VRM | Vroom Common Stock | (0.54) | 28 per month | 0.00 | (0.05) | 10.29 | (7.54) | 22.81 | |
| PLBY | Plby Group | (0.02) | 11 per month | 4.16 | 0.07 | 6.43 | (7.10) | 33.37 |
Sleep Number Additional Predictive Modules
Most predictive techniques to examine Sleep price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sleep using various technical 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Sleep Number Predictive Indicators
The successful prediction of Sleep Number stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Sleep Number Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Sleep Number based on analysis of Sleep Number hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Sleep Number's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Sleep Number's related companies. | 2022 | 2023 | 2025 | 2026 (projected) | Inventory Turnover | 8.0 | 6.92 | 7.96 | 10.4 | ROIC | 0.0902 | 0.0279 | 0.0251 | 0.0239 |
Pair Trading with Sleep Number
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 Sleep Number 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 Sleep Number will appreciate offsetting losses from the drop in the long position's value.Moving together with Sleep Stock
Moving against Sleep Stock
| 0.72 | HTLM | HomesToLife | PairCorr |
| 0.61 | MSFT | Microsoft Earnings Call Tomorrow | PairCorr |
| 0.45 | AAPL | Apple Inc Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Sleep Number could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sleep Number 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 Sleep Number - 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 Sleep Number Corp to buy it.
The correlation of Sleep Number 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 Sleep Number moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sleep Number Corp 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 Sleep Number 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.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.