Sharkninja Stock Probability of Future Stock Price Finishing Under 0.20

SN Stock  USD 62.94  2.05  3.37%   
SharkNinja's implied volatility is one of the determining factors in the pricing options written on SharkNinja. Implied volatility approximates the future value of SharkNinja based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in SharkNinja over a specific time period. For example, 2024-04-19 CALL at $65.0 is a CALL option contract on SharkNinja's common stock with a strick price of 65.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 09:30:26 for $0.77 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.95, and an ask price of $1.15. The implied volatility as of the 28th of March is 29.24. View All SharkNinja options

Closest to current price SharkNinja long CALL Option Payoff at Expiration

SharkNinja's future price is the expected price of SharkNinja instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SharkNinja performance during a given time horizon utilizing its historical volatility. Check out SharkNinja Backtesting, SharkNinja Valuation, SharkNinja Correlation, SharkNinja Hype Analysis, SharkNinja Volatility, SharkNinja History as well as SharkNinja Performance.
To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.
  
At this time, SharkNinja's Price To Sales Ratio is very stable compared to the past year. As of the 28th of March 2024, Price Sales Ratio is likely to grow to 1.91, while Price Earnings Ratio is likely to drop 22.29. Please specify SharkNinja's target price for which you would like SharkNinja odds to be computed.

SharkNinja Target Price Odds to finish below 0.20

The tendency of SharkNinja Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 0.20  or more in 90 days
 62.94 90 days 0.20 
near 1
Based on a normal probability distribution, the odds of SharkNinja to drop to $ 0.20  or more in 90 days from now is near 1 (This SharkNinja probability density function shows the probability of SharkNinja Stock to fall within a particular range of prices over 90 days) . Probability of SharkNinja price to stay between $ 0.20  and its current price of $62.94 at the end of the 90-day period is close to 99 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.68 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SharkNinja will likely underperform. Additionally SharkNinja has an alpha of 0.1307, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   SharkNinja Price Density   
       Price  

Predictive Modules for SharkNinja

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SharkNinja. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SharkNinja'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
61.2463.0664.88
Details
Intrinsic
Valuation
LowRealHigh
56.6570.9572.77
Details
Naive
Forecast
LowNextHigh
62.1663.9765.79
Details
6 Analysts
Consensus
LowTargetHigh
60.9767.0074.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SharkNinja. Your research has to be compared to or analyzed against SharkNinja's peers to derive any actionable benefits. When done correctly, SharkNinja's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SharkNinja.

SharkNinja Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SharkNinja is not an exception. The market had few large corrections towards the SharkNinja's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SharkNinja, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SharkNinja within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.13
β
Beta against NYSE Composite1.68
σ
Overall volatility
4.05
Ir
Information ratio 0.12

SharkNinja Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SharkNinja for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SharkNinja can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company reports 871.07 M of total liabilities with total debt to equity ratio (D/E) of 3.45, which may imply that the company relies heavily on debt financing. SharkNinja has a current ratio of 0.91, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist SharkNinja until it has trouble settling it off, either with new capital or with free cash flow. So, SharkNinja's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SharkNinja sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SharkNinja to invest in growth at high rates of return. When we think about SharkNinja's use of debt, we should always consider it together with cash and equity.
About 56.0% of SharkNinja outstanding shares are owned by corporate insiders
Latest headline from zacks.com: What Makes SharkNinja, Inc. a New Strong Buy Stock

SharkNinja Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SharkNinja Stock often depends not only on the future outlook of the current and potential SharkNinja's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SharkNinja's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding139.4 M
Cash And Short Term Investments154.1 M

SharkNinja Technical Analysis

SharkNinja's future price can be derived by breaking down and analyzing its technical indicators over time. SharkNinja Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SharkNinja. In general, you should focus on analyzing SharkNinja Stock price patterns and their correlations with different microeconomic environments and drivers.

SharkNinja Predictive Forecast Models

SharkNinja's time-series forecasting models is one of many SharkNinja's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SharkNinja's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about SharkNinja

Checking the ongoing alerts about SharkNinja for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SharkNinja help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company reports 871.07 M of total liabilities with total debt to equity ratio (D/E) of 3.45, which may imply that the company relies heavily on debt financing. SharkNinja has a current ratio of 0.91, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist SharkNinja until it has trouble settling it off, either with new capital or with free cash flow. So, SharkNinja's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SharkNinja sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SharkNinja to invest in growth at high rates of return. When we think about SharkNinja's use of debt, we should always consider it together with cash and equity.
About 56.0% of SharkNinja outstanding shares are owned by corporate insiders
Latest headline from zacks.com: What Makes SharkNinja, Inc. a New Strong Buy 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 SharkNinja Backtesting, SharkNinja Valuation, SharkNinja Correlation, SharkNinja Hype Analysis, SharkNinja Volatility, SharkNinja History as well as SharkNinja Performance.
To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running SharkNinja's price analysis, check to measure SharkNinja'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 SharkNinja is operating at the current time. Most of SharkNinja's value examination focuses on studying past and present price action to predict the probability of SharkNinja's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SharkNinja's price. Additionally, you may evaluate how the addition of SharkNinja to your portfolios can decrease your overall portfolio volatility.
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Is SharkNinja'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 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
0.058
Earnings Share
1.2
Revenue Per Share
30.597
Quarterly Revenue Growth
0.165
Return On Assets
0.0689
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.