Sportsmans Stock Forecast - Daily Balance Of Power

SPWH Stock  USD 2.41  0.06  2.43%   
Sportsmans Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sportsmans' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Sportsmans' Fixed Asset Turnover is increasing as compared to previous years. The Sportsmans' current Asset Turnover is estimated to increase to 2.44, while Inventory Turnover is projected to decrease to 2.39. . The Sportsmans' current Common Stock Shares Outstanding is estimated to increase to about 46.2 M. The Sportsmans' current Net Income Applicable To Common Shares is estimated to increase to about 131 M.
On March 22, 2024 Sportsmans had Daily Balance Of Power of (0.61). Balance of Power indicator (or BOP) measures the strength of Sportsmans market sensitivity to bulls and bears. It estimates the ability of Sportsmans buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sportsmans Balance of Power indicator one can determine a trend of the price direction.
Check Sportsmans VolatilityBacktest SportsmansTrend Details  

Sportsmans Trading Date Momentum

On March 25 2024 Sportsmans was traded for  2.84  at the closing time. The top price for the day was 3.12  and the lowest listed price was  2.81 . The trading volume for the day was 568.8 K. The trading history from March 25, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 6.58% . The trading price change against the current closing price is 2.63% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Sportsmans

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

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

Sportsmans 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 Sportsmans' 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 Sportsmans' current price.

Sportsmans Market Strength Events

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

Sportsmans Risk Indicators

The analysis of Sportsmans' 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 Sportsmans' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sportsmans 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.

Currently Active Assets on Macroaxis

When determining whether Sportsmans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sportsmans' 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 Sportsmans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sportsmans Stock:
Check out Historical Fundamental Analysis of Sportsmans to cross-verify your projections.
For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Other Specialty Retail 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 Sportsmans. If investors know Sportsmans 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 Sportsmans 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
(0.78)
Earnings Share
(0.84)
Revenue Per Share
33.131
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.02)
The market value of Sportsmans is measured differently than its book value, which is the value of Sportsmans that is recorded on the company's balance sheet. Investors also form their own opinion of Sportsmans' value that differs from its market value or its book value, called intrinsic value, which is Sportsmans' 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 Sportsmans' market value can be influenced by many factors that don't directly affect Sportsmans' 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 Sportsmans' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportsmans is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportsmans' 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.