SPS Commerce Stock Forecast - Relative Strength Index
| SPSC Stock | USD 182.41 0.34 0.19% |
SPS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SPS Commerce stock prices and determine the direction of SPS Commerce's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SPS Commerce's historical fundamentals, such as revenue growth or operating cash flow patterns. Although SPS Commerce's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of SPS Commerce's systematic risk associated with finding meaningful patterns of SPS Commerce fundamentals over time.
Check out Historical Fundamental Analysis of SPS Commerce to cross-verify your projections. SPS |
Open Interest Against 2024-05-17 SPS Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast SPS Commerce'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 SPS Commerce's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for SPS Commerce 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 SPS Commerce's open interest, investors have to compare it to SPS Commerce'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 SPS Commerce 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 SPS. 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 SPS Commerce 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 SPS Commerce's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SPS Commerce's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 53.83 | 53.83 |
| Check SPS Commerce Volatility | Backtest SPS Commerce | Information Ratio |
SPS Commerce Trading Date Momentum
| On May 03 2024 SPS Commerce was traded for 182.41 at the closing time. The top price for the day was 182.41 and the lowest listed price was 177.12 . There was no trading activity during the period 0.0. Lack of trading volume on May 3, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.19% . |
| Compare SPS Commerce to competition |
Other Forecasting Options for SPS Commerce
For every potential investor in SPS, whether a beginner or expert, SPS Commerce's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SPS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SPS. Basic forecasting techniques help filter out the noise by identifying SPS Commerce's price trends.SPS Commerce 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 SPS Commerce stock to make a market-neutral strategy. Peer analysis of SPS Commerce could also be used in its relative valuation, which is a method of valuing SPS Commerce by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SPS Commerce 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 SPS Commerce'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 SPS Commerce's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SPS Commerce Market Strength Events
Market strength indicators help investors to evaluate how SPS Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPS Commerce shares will generate the highest return on investment. By undertsting and applying SPS Commerce stock market strength indicators, traders can identify SPS Commerce entry and exit signals to maximize returns.
SPS Commerce Risk Indicators
The analysis of SPS Commerce'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 SPS Commerce's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sps 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 | 1.76 | |||
| Standard Deviation | 2.81 | |||
| Variance | 7.89 |
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.
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Check out Historical Fundamental Analysis of SPS Commerce to cross-verify your projections. For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.
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Is SPS Commerce'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 SPS Commerce. If investors know SPS 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 SPS Commerce 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 0.171 | Earnings Share 1.84 | Revenue Per Share 15.234 | Quarterly Revenue Growth 0.188 | Return On Assets 0.0618 |
The market value of SPS Commerce is measured differently than its book value, which is the value of SPS that is recorded on the company's balance sheet. Investors also form their own opinion of SPS Commerce's value that differs from its market value or its book value, called intrinsic value, which is SPS Commerce'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 SPS Commerce's market value can be influenced by many factors that don't directly affect SPS Commerce'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 SPS Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPS Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPS Commerce'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.