SimilarWeb Stock Forecast - Daily Balance Of Power

SMWB Stock  USD 14.56  0.49  3.48%   
SimilarWeb Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SimilarWeb stock prices and determine the direction of SimilarWeb's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SimilarWeb's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Asset Turnover is expected to grow to 1.05, whereas Inventory Turnover is forecasted to decline to 2.74. . As of December 22, 2024, Common Stock Shares Outstanding is expected to decline to about 51.6 M. In addition to that, Net Loss is expected to decline to about (79.1 M).
On December 20, 2024 SimilarWeb had Daily Balance Of Power of 0.7308. Balance of Power indicator (or BOP) measures the strength of SimilarWeb market sensitivity to bulls and bears. It estimates the ability of SimilarWeb buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SimilarWeb Balance of Power indicator one can determine a trend of the price direction.
Check SimilarWeb VolatilityBacktest SimilarWebTrend Details  

SimilarWeb Trading Date Momentum

On December 22 2024 SimilarWeb was traded for  14.56  at the closing time. The top price for the day was 14.72  and the lowest listed price was  13.68 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 5.22% .
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 SimilarWeb

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

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 Risk & Return  Correlation

SimilarWeb 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 SimilarWeb'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 SimilarWeb's current price.

SimilarWeb Market Strength Events

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

SimilarWeb Risk Indicators

The analysis of SimilarWeb'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 SimilarWeb's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting similarweb 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SimilarWeb offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SimilarWeb's 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 Similarweb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Similarweb Stock:
Check out Historical Fundamental Analysis of SimilarWeb to cross-verify your projections.
For information on how to trade SimilarWeb Stock refer to our How to Trade SimilarWeb Stock 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 Application Software 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 SimilarWeb. If investors know SimilarWeb 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 SimilarWeb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.13)
Revenue Per Share
2.922
Quarterly Revenue Growth
0.13
Return On Assets
(0.03)
Return On Equity
(0.66)
The market value of SimilarWeb is measured differently than its book value, which is the value of SimilarWeb that is recorded on the company's balance sheet. Investors also form their own opinion of SimilarWeb's value that differs from its market value or its book value, called intrinsic value, which is SimilarWeb'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 SimilarWeb's market value can be influenced by many factors that don't directly affect SimilarWeb'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 SimilarWeb's value and its price as these two are different measures arrived at by different means. Investors typically determine if SimilarWeb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SimilarWeb'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.