Sps Commerce Stock Technical Analysis
| SPSC Stock | USD 186.32 6.45 3.59% |
As of the 22nd of November, SPS Commerce has the variance of 4.5, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SPS Commerce, as well as the relationship between them.
SPS Commerce Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPSSPS |
SPS Commerce Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 193.83 | Strong Buy | 10 | Odds |
Most SPS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SPS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SPS Commerce, talking to its executives and customers, or listening to SPS conference calls.
SPS Commerce 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.
SPS Commerce Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPS Commerce volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPS Commerce Trend Analysis
Use this graph to draw trend lines for SPS Commerce. You can use it to identify possible trend reversals for SPS Commerce as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPS Commerce price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPS Commerce Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPS Commerce applied against its price change over selected period. The best fit line has a slop of 0.27 , which may suggest that SPS Commerce market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2843.23, which is the sum of squared deviations for the predicted SPS Commerce price change compared to its average price change.About SPS Commerce Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SPS Commerce on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SPS Commerce based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SPS Commerce price pattern first instead of the macroeconomic environment surrounding SPS Commerce. By analyzing SPS Commerce's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SPS Commerce's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SPS Commerce specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 15.81 | 13.6 | 24.54 | 12.66 | Days Of Inventory On Hand | 123.43 | 125.8 | 113.22 | 82.49 |
SPS Commerce November 22, 2024 Technical Indicators
Most technical analysis of SPS 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 SPS from various momentum indicators to cycle indicators. When you analyze SPS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.28 | |||
| Coefficient Of Variation | (2,253) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.5 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.51 | |||
| Skewness | (1.45) | |||
| Kurtosis | 10.7 |
Complementary Tools for SPS Stock analysis
When running SPS Commerce's price analysis, check to measure SPS Commerce'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 SPS Commerce is operating at the current time. Most of SPS Commerce's value examination focuses on studying past and present price action to predict the probability of SPS Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPS Commerce's price. Additionally, you may evaluate how the addition of SPS Commerce to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |