Similarweb Stock Statistic Functions Beta

SMWB Stock  USD 12.80  0.23  1.83%   
SimilarWeb statistic functions tool provides the execution environment for running the Beta function and other technical functions against SimilarWeb. SimilarWeb value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. SimilarWeb statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on SimilarWeb correlated with the market. If Beta is less than 0 SimilarWeb generally moves in the opposite direction as compared to the market. If SimilarWeb Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SimilarWeb is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SimilarWeb is generally in the same direction as the market. If Beta > 1 SimilarWeb moves generally in the same direction as, but more than the movement of the benchmark.

SimilarWeb Technical Analysis Modules

Most technical analysis of SimilarWeb help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SimilarWeb from various momentum indicators to cycle indicators. When you analyze SimilarWeb 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.

About SimilarWeb Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SimilarWeb. We use our internally-developed statistical techniques to arrive at the intrinsic value of SimilarWeb based on widely used predictive technical indicators. In general, we focus on analyzing SimilarWeb Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SimilarWeb's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of SimilarWeb's intrinsic value. In addition to deriving basic predictive indicators for SimilarWeb, we also check how macroeconomic factors affect SimilarWeb price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover2.817.465.594.4
Days Of Inventory On Hand312.65134.318.0E-67.0E-6
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SimilarWeb's 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.
Hype
Prediction
LowEstimatedHigh
9.8413.0116.18
Details
Intrinsic
Valuation
LowRealHigh
9.0512.2215.39
Details
Naive
Forecast
LowNextHigh
10.3013.4716.64
Details
8 Analysts
Consensus
LowTargetHigh
8.499.3310.36
Details

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When determining whether SimilarWeb offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SimilarWeb'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 Similarweb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Similarweb Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SimilarWeb. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade SimilarWeb Stock refer to our How to Trade SimilarWeb Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 SimilarWeb. If investors know SimilarWeb 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 SimilarWeb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.13)
Revenue Per Share
2.922
Quarterly Revenue Growth
0.13
Return On Assets
(0.03)
Return On Equity
(0.66)
The market value of SimilarWeb is measured differently than its book value, which is the value of SimilarWeb that is recorded on the company's balance sheet. Investors also form their own opinion of SimilarWeb's value that differs from its market value or its book value, called intrinsic value, which is SimilarWeb'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 SimilarWeb's market value can be influenced by many factors that don't directly affect SimilarWeb'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 SimilarWeb's value and its price as these two are different measures arrived at by different means. Investors typically determine if SimilarWeb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SimilarWeb'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.