Shimmick Common Stock Forecast - Coefficient Of Variation

SHIM Stock   3.15  0.18  6.06%   
Shimmick Stock Forecast is based on your current time horizon. Although Shimmick Common's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Shimmick Common's systematic risk associated with finding meaningful patterns of Shimmick Common fundamentals over time.
  
As of the 29th of December 2024, Inventory Turnover is likely to drop to 91.62. In addition to that, Payables Turnover is likely to drop to 10.75. As of the 29th of December 2024, Common Stock Shares Outstanding is likely to drop to about 20.1 M.
On December 20, 2024 Shimmick Common had Coefficient Of Variation of 0.
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Shimmick Common Trading Date Momentum

On December 23 2024 Shimmick Common was traded for  2.74  at the closing time. The top price for the day was 2.78  and the lowest listed price was  2.33 . The trading volume for the day was 83.7 K. The trading history from December 23, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 11.38% . The trading price change against the current closing price is 21.14% .
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Other Forecasting Options for Shimmick Common

For every potential investor in Shimmick, whether a beginner or expert, Shimmick Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shimmick Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shimmick. Basic forecasting techniques help filter out the noise by identifying Shimmick Common's price trends.

Shimmick Common 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 Shimmick Common stock to make a market-neutral strategy. Peer analysis of Shimmick Common could also be used in its relative valuation, which is a method of valuing Shimmick Common by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Shimmick Common 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 Shimmick Common'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 Shimmick Common's current price.

Shimmick Common Market Strength Events

Market strength indicators help investors to evaluate how Shimmick Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shimmick Common shares will generate the highest return on investment. By undertsting and applying Shimmick Common stock market strength indicators, traders can identify Shimmick Common entry and exit signals to maximize returns.

Shimmick Common Risk Indicators

The analysis of Shimmick Common'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 Shimmick Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shimmick 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.
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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When determining whether Shimmick Common is a strong investment it is important to analyze Shimmick Common's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shimmick Common's future performance. For an informed investment choice regarding Shimmick Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Shimmick Common to cross-verify your projections.
To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Construction & Engineering 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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.08)
Revenue Per Share
21.127
Quarterly Revenue Growth
(0.42)
Return On Assets
(0.15)
Return On Equity
(4.02)
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common'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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common'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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common'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.