Sharkninja Stock Price on February 8, 2024
| SN Stock | USD 75.16 0.03 0.04% |
If you're considering investing in SharkNinja Stock, it is important to understand the factors that can impact its price. As of today, the current price of SharkNinja stands at 75.16, as last reported on the 24th of May, with the highest price reaching 75.16 and the lowest price hitting 75.16 during the day. SharkNinja appears to be very steady, given 3 months investment horizon. SharkNinja owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the firm had a 0.33% return per unit of risk over the last 3 months. By inspecting SharkNinja's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review SharkNinja's Coefficient Of Variation of 301.75, risk adjusted performance of 0.203, and Semi Deviation of 0.8464 to confirm if our risk estimates are consistent with your expectations.
At this time, SharkNinja's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, SharkNinja's Price To Sales Ratio is very stable compared to the past year. As of the 24th of May 2024, Price Sales Ratio is likely to grow to 1.91, while Price Earnings Ratio is likely to drop 22.29. SharkNinja Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SharkNinja |
Sharpe Ratio = 0.3283
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Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average SharkNinja is performing at about 25% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SharkNinja by adding it to a well-diversified portfolio.
Price Book 5.7926 | Enterprise Value Ebitda 21.0059 | Price Sales 2.0139 | Shares Float 66 M | Wall Street Target Price 84.63 |
SharkNinja Valuation on February 8, 2024
It is possible to determine the worth of SharkNinja on a given historical date. On February 8, 2024 SharkNinja was worth 48.05 at the beginning of the trading date compared to the closed value of 49.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SharkNinja stock. Still, in general, we apply an absolute valuation method to find SharkNinja's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SharkNinja where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SharkNinja's related companies.
| Open | High | Low | Close | Volume | |
| 48.26 | 48.82 | 47.84 | 48.17 | 537,466 | |
02/08/2024 | 48.05 | 50.07 | 48.05 | 49.87 | 614,135 |
| 49.63 | 51.50 | 49.28 | 51.02 | 803,970 |
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SharkNinja Trading Date Momentum on February 8, 2024
| 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 5.11% . |
SharkNinja Fundamentals Correlations and Trends
By evaluating SharkNinja's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SharkNinja's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SharkNinja financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SharkNinja Stock history
SharkNinja investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SharkNinja is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SharkNinja will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SharkNinja stock prices may prove useful in developing a viable investing in SharkNinja
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 139.4 M | 153 M | |
| Net Income Applicable To Common Shares | 267.2 M | 280.6 M |
SharkNinja Quarterly Net Working Capital |
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SharkNinja Stock Technical Analysis
SharkNinja technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
SharkNinja Period Price Range
Low | February 8, 2024
| High |
48.05 | 49.87 |
SharkNinja May 24, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SharkNinja's price direction in advance. Along with the technical and fundamental analysis of SharkNinja Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SharkNinja to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.203 | |||
| Jensen Alpha | 0.4559 | |||
| Total Risk Alpha | 0.3829 | |||
| Sortino Ratio | 0.3684 | |||
| Treynor Ratio | 0.4725 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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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 0.245 | 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.