SharkNinja Stock Forecast - Day Median Price
| SN Stock | USD 78.32 0.57 0.72% |
SharkNinja Stock Forecast is based on your current time horizon. Although SharkNinja's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of SharkNinja's systematic risk associated with finding meaningful patterns of SharkNinja fundamentals over time.
SharkNinja |
Open Interest Against 2024-06-21 SharkNinja Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast SharkNinja'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 SharkNinja's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for SharkNinja 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 SharkNinja's open interest, investors have to compare it to SharkNinja'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 SharkNinja 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 SharkNinja. 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 SharkNinja 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 SharkNinja's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SharkNinja's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 48.33 | 49.06 |
| Check SharkNinja Volatility | Backtest SharkNinja | Trend Details |
SharkNinja Trading Date Momentum
| On February 09 2024 SharkNinja was traded for 51.02 at the closing time. The highest price during the trading period was 51.50 and the lowest recorded bid was listed for 49.28 . The volume for the day was 804 K. This history from February 9, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 2.31% . The trading price change to the current price is 2.97% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for SharkNinja
For every potential investor in SharkNinja, whether a beginner or expert, SharkNinja's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SharkNinja Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SharkNinja. Basic forecasting techniques help filter out the noise by identifying SharkNinja's price trends.SharkNinja 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 SharkNinja stock to make a market-neutral strategy. Peer analysis of SharkNinja could also be used in its relative valuation, which is a method of valuing SharkNinja by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SharkNinja 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 SharkNinja'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 SharkNinja's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SharkNinja Market Strength Events
Market strength indicators help investors to evaluate how SharkNinja stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SharkNinja shares will generate the highest return on investment. By undertsting and applying SharkNinja stock market strength indicators, traders can identify SharkNinja entry and exit signals to maximize returns.
SharkNinja Risk Indicators
The analysis of SharkNinja'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 SharkNinja's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sharkninja 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 | 1.31 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.07 | |||
| Downside Variance | 2.56 | |||
| Semi Variance | 1.22 | |||
| Expected Short fall | (1.56) |
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.
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in SharkNinja Stock
When determining whether SharkNinja offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SharkNinja'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 Sharkninja Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sharkninja Stock:Check out Historical Fundamental Analysis of SharkNinja to cross-verify your projections. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Household Appliances 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 SharkNinja. If investors know SharkNinja 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 SharkNinja 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 0.245 | Earnings Share 1.35 | Revenue Per Share 32.087 | Quarterly Revenue Growth 0.247 | Return On Assets 0.0771 |
The market value of SharkNinja is measured differently than its book value, which is the value of SharkNinja that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja's value that differs from its market value or its book value, called intrinsic value, which is SharkNinja'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 SharkNinja's market value can be influenced by many factors that don't directly affect SharkNinja'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 SharkNinja's value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja'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.