Sprout Social Stock Forecast - Accumulation Distribution
| SPT Stock | USD 31.05 0.76 2.39% |
Sprout Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sprout Social stock prices and determine the direction of Sprout Social's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sprout Social's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sprout Social's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sprout Social's systematic risk associated with finding meaningful patterns of Sprout Social fundamentals over time.
Check out Historical Fundamental Analysis of Sprout Social to cross-verify your projections. Sprout |
Open Interest Against 2024-06-21 Sprout Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sprout Social'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 Sprout Social's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sprout Social 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 Sprout Social's open interest, investors have to compare it to Sprout Social'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 Sprout Social 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 Sprout. 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 Sprout Social 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 Sprout Social's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sprout Social's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Sprout Social is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Sprout Social to determine if accumulation or reduction is taking place in the market. This value is adjusted by Sprout Social trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 96546.22 | 15043.62 |
| Check Sprout Social Volatility | Backtest Sprout Social | Trend Details |
Sprout Social Trading Date Momentum
| On February 28 2024 Sprout Social was traded for 60.44 at the closing time. Highest Sprout Social's price during the trading hours was 62.41 and the lowest price during the day was 60.41 . The net volume was 508.1 K. The overall trading history on the 28th of February contributed to the next trading period price depreciation. The trading price change to the next next day price was 3.40% . The trading price change to current price is 2.86% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Sprout Social to competition |
Other Forecasting Options for Sprout Social
For every potential investor in Sprout, whether a beginner or expert, Sprout Social's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sprout Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sprout. Basic forecasting techniques help filter out the noise by identifying Sprout Social's price trends.Sprout Social 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 Sprout Social stock to make a market-neutral strategy. Peer analysis of Sprout Social could also be used in its relative valuation, which is a method of valuing Sprout Social by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sprout Social 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 Sprout Social'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 Sprout Social's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sprout Social Market Strength Events
Market strength indicators help investors to evaluate how Sprout Social stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sprout Social shares will generate the highest return on investment. By undertsting and applying Sprout Social stock market strength indicators, traders can identify Sprout Social entry and exit signals to maximize returns.
Sprout Social Risk Indicators
The analysis of Sprout Social'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 Sprout Social's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sprout 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 | 2.67 | |||
| Standard Deviation | 5.59 | |||
| Variance | 31.3 |
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.
Pair Trading with Sprout Social
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 Sprout Social 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 Sprout Social will appreciate offsetting losses from the drop in the long position's value.Moving together with Sprout Stock
| 0.71 | U | Unity Software | PairCorr |
Moving against Sprout Stock
| 0.84 | DPSI | DecisionPoint Systems | PairCorr |
| 0.6 | ML | MoneyLion | PairCorr |
| 0.52 | DJCO | Daily Journal Corp | PairCorr |
| 0.51 | DOCU | DocuSign Financial Report 13th of June 2024 | PairCorr |
| 0.48 | KC | Kingsoft Cloud Holdi Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Sprout Social could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprout Social 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 Sprout Social - 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 Sprout Social to buy it.
The correlation of Sprout Social 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 Sprout Social moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprout Social 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 Sprout Social 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.Check out Historical Fundamental Analysis of Sprout Social to cross-verify your projections. For more information on how to buy Sprout Stock please use our How to Invest in Sprout Social guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Sprout Stock analysis
When running Sprout Social's price analysis, check to measure Sprout Social'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 Sprout Social is operating at the current time. Most of Sprout Social's value examination focuses on studying past and present price action to predict the probability of Sprout Social's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprout Social's price. Additionally, you may evaluate how the addition of Sprout Social to your portfolios can decrease your overall portfolio volatility.
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Is Sprout Social'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 Sprout Social. If investors know Sprout 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 Sprout Social listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.24) | Revenue Per Share 6.348 | Quarterly Revenue Growth 0.287 | Return On Assets (0.12) | Return On Equity (0.48) |
The market value of Sprout Social is measured differently than its book value, which is the value of Sprout that is recorded on the company's balance sheet. Investors also form their own opinion of Sprout Social's value that differs from its market value or its book value, called intrinsic value, which is Sprout Social'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 Sprout Social's market value can be influenced by many factors that don't directly affect Sprout Social'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 Sprout Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprout Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprout Social'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.