Sweetgreen Stock Forecast - Daily Balance Of Power

SG Stock  USD 35.10  0.37  1.07%   
Sweetgreen Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sweetgreen's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Sweetgreen's Receivables Turnover is most likely to decrease significantly in the upcoming years. The Sweetgreen's current Fixed Asset Turnover is estimated to increase to 1.82, while Asset Turnover is projected to decrease to 0.45. . The Sweetgreen's current Common Stock Shares Outstanding is estimated to increase to about 120.6 M, while Net Loss is forecasted to increase to (162.8 M).
On March 4, 2024 Sweetgreen had Daily Balance Of Power of 0.7087. Balance of Power indicator (or BOP) measures the strength of Sweetgreen market sensitivity to bulls and bears. It estimates the ability of Sweetgreen buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sweetgreen Balance of Power indicator one can determine a trend of the price direction.
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Sweetgreen Trading Date Momentum

On March 05 2024 Sweetgreen was traded for  17.83  at the closing time. The highest price during the trading period was 18.33  and the lowest recorded bid was listed for  17.26 . The volume for the day was 4.1 M. This history from March 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.35% . The trading price change to the current price is 3.45% .
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 Sweetgreen

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

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 Risk & Return  Correlation

Sweetgreen 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 Sweetgreen'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 Sweetgreen's current price.

Sweetgreen Market Strength Events

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

Sweetgreen Risk Indicators

The analysis of Sweetgreen'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 Sweetgreen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sweetgreen 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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Check out Historical Fundamental Analysis of Sweetgreen to cross-verify your projections.
For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Hotels, Restaurants & Leisure 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 Sweetgreen. If investors know Sweetgreen 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 Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.78)
Revenue Per Share
5.896
Quarterly Revenue Growth
0.13
Return On Assets
(0.06)
Return On Equity
(0.18)
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen'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 Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen'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 Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen'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.