Shutterstock Stock Probability of Future Stock Price Finishing Under 24.15
| SSTK Stock | USD 30.22 0.12 0.40% |
Shutterstock |
Shutterstock Target Price Odds to finish below 24.15
The tendency of Shutterstock 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 Price | Horizon | Target Price | Odds to drop to $ 24.15 or more in 90 days |
| 30.22 | 90 days | 24.15 | near 1 |
Based on a normal probability distribution, the odds of Shutterstock to drop to $ 24.15 or more in 90 days from now is near 1 (This Shutterstock probability density function shows the probability of Shutterstock Stock to fall within a particular range of prices over 90 days) . Probability of Shutterstock price to stay between $ 24.15 and its current price of $30.22 at the end of the 90-day period is about 19.51 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.46 . 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, Shutterstock will likely underperform. Additionally Shutterstock has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Shutterstock Price Density |
| Price |
Predictive Modules for Shutterstock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shutterstock. 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 Shutterstock'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.
Shutterstock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shutterstock is not an exception. The market had few large corrections towards the Shutterstock'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 Shutterstock, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shutterstock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | -0.08 |
Shutterstock 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 Shutterstock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shutterstock can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shutterstock generated a negative expected return over the last 90 days | |
| Shutterstock currently holds 59.4 M in liabilities with Debt to Equity (D/E) ratio of 0.2, which may suggest the company is not taking enough advantage from borrowing. Shutterstock has a current ratio of 0.44, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Shutterstock's use of debt, we should always consider it together with its cash and equity. | |
| Over 80.0% of Shutterstock shares are owned by institutional investors | |
| On 13th of December 2024 Shutterstock paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: At US30.34, Is Shutterstock, Inc. Worth Looking At Closely |
Shutterstock 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 Shutterstock Stock often depends not only on the future outlook of the current and potential Shutterstock'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. Shutterstock's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.2 M | |
| Cash And Short Term Investments | 100.5 M |
Shutterstock Technical Analysis
Shutterstock's future price can be derived by breaking down and analyzing its technical indicators over time. Shutterstock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shutterstock. In general, you should focus on analyzing Shutterstock Stock price patterns and their correlations with different microeconomic environments and drivers.
Shutterstock Predictive Forecast Models
Shutterstock's time-series forecasting models is one of many Shutterstock'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 Shutterstock'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 Shutterstock
Checking the ongoing alerts about Shutterstock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shutterstock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shutterstock generated a negative expected return over the last 90 days | |
| Shutterstock currently holds 59.4 M in liabilities with Debt to Equity (D/E) ratio of 0.2, which may suggest the company is not taking enough advantage from borrowing. Shutterstock has a current ratio of 0.44, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Shutterstock's use of debt, we should always consider it together with its cash and equity. | |
| Over 80.0% of Shutterstock shares are owned by institutional investors | |
| On 13th of December 2024 Shutterstock paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: At US30.34, Is Shutterstock, Inc. Worth Looking At Closely |
Check out Shutterstock Backtesting, Shutterstock Valuation, Shutterstock Correlation, Shutterstock Hype Analysis, Shutterstock Volatility, Shutterstock History as well as Shutterstock Performance. For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Interactive Media & Services 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 Shutterstock. If investors know Shutterstock 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 Shutterstock 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 (0.37) | Dividend Share 1.17 | Earnings Share 1.02 | Revenue Per Share 25.385 | Quarterly Revenue Growth 0.074 |
The market value of Shutterstock is measured differently than its book value, which is the value of Shutterstock that is recorded on the company's balance sheet. Investors also form their own opinion of Shutterstock's value that differs from its market value or its book value, called intrinsic value, which is Shutterstock'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 Shutterstock's market value can be influenced by many factors that don't directly affect Shutterstock'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 Shutterstock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shutterstock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shutterstock'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.