Shockwave Medical Stock Forecast - Standard Deviation
| SWAV Stock | USD 327.52 0.02 0.01% |
Shockwave Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shockwave Medical stock prices and determine the direction of Shockwave Medical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shockwave Medical's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Shockwave Medical's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Shockwave Medical's systematic risk associated with finding meaningful patterns of Shockwave Medical fundamentals over time.
Check out Historical Fundamental Analysis of Shockwave Medical to cross-verify your projections. Shockwave |
Open Interest Against 2024-04-19 Shockwave Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Shockwave Medical's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Shockwave Medical's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Shockwave Medical stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Shockwave Medical's open interest, investors have to compare it to Shockwave Medical's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Shockwave Medical is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Shockwave. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Shockwave Medical cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Shockwave Medical's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Shockwave Medical's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Shockwave Medical Volatility | Backtest Shockwave Medical | Information Ratio |
Shockwave Medical Trading Date Momentum
| On April 19 2024 Shockwave Medical was traded for 327.52 at the closing time. The top price for the day was 328.48 and the lowest listed price was 327.25 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.01% . |
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Other Forecasting Options for Shockwave Medical
For every potential investor in Shockwave, whether a beginner or expert, Shockwave Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shockwave Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shockwave. Basic forecasting techniques help filter out the noise by identifying Shockwave Medical's price trends.Shockwave Medical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shockwave Medical stock to make a market-neutral strategy. Peer analysis of Shockwave Medical could also be used in its relative valuation, which is a method of valuing Shockwave Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shockwave Medical Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Shockwave Medical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Shockwave Medical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shockwave Medical Market Strength Events
Market strength indicators help investors to evaluate how Shockwave Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shockwave Medical shares will generate the highest return on investment. By undertsting and applying Shockwave Medical stock market strength indicators, traders can identify Shockwave Medical entry and exit signals to maximize returns.
Shockwave Medical Risk Indicators
The analysis of Shockwave Medical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Shockwave Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shockwave stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.46 | |||
| Semi Deviation | 0.7576 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.3 | |||
| Downside Variance | 1.71 | |||
| Semi Variance | 0.5739 | |||
| Expected Short fall | (1.89) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Shockwave Medical is a strong investment it is important to analyze Shockwave Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shockwave Medical's future performance. For an informed investment choice regarding Shockwave Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Shockwave Medical to cross-verify your projections. For more information on how to buy Shockwave Stock please use our How to Invest in Shockwave Medical guide.Note that the Shockwave Medical information on this page should be used as a complementary analysis to other Shockwave Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Shockwave Stock analysis
When running Shockwave Medical's price analysis, check to measure Shockwave Medical'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 Shockwave Medical is operating at the current time. Most of Shockwave Medical's value examination focuses on studying past and present price action to predict the probability of Shockwave Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shockwave Medical's price. Additionally, you may evaluate how the addition of Shockwave Medical to your portfolios can decrease your overall portfolio volatility.
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Is Shockwave Medical's industry 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 Shockwave Medical. If investors know Shockwave 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 Shockwave Medical 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 (0.69) | Earnings Share 3.86 | Revenue Per Share 19.894 | Quarterly Revenue Growth 0.409 | Return On Assets 0.0938 |
The market value of Shockwave Medical is measured differently than its book value, which is the value of Shockwave that is recorded on the company's balance sheet. Investors also form their own opinion of Shockwave Medical's value that differs from its market value or its book value, called intrinsic value, which is Shockwave Medical'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 Shockwave Medical's market value can be influenced by many factors that don't directly affect Shockwave Medical'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 Shockwave Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shockwave Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shockwave Medical'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.