Shotspotter Stock Price on September 5, 2024

SSTI Stock  USD 13.44  0.13  0.96%   
If you're considering investing in Shotspotter Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shotspotter stands at 13.44, as last reported on the 29th of November, with the highest price reaching 13.80 and the lowest price hitting 12.99 during the day. Shotspotter owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0133, which indicates the firm had a -0.0133% return per unit of risk over the last 3 months. Shotspotter exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shotspotter's insignificant Risk Adjusted Performance, coefficient of variation of (7,534), and Variance of 13.79 to confirm the risk estimate we provide.
  
Shotspotter Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0133

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Estimated Market Risk

 3.71
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shotspotter is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shotspotter by adding Shotspotter to a well-diversified portfolio.

Shotspotter Valuation on September 5, 2024

It is possible to determine the worth of Shotspotter on a given historical date. On September 5, 2024 Shotspotter was worth 13.45 at the beginning of the trading date compared to the closed value of 13.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shotspotter stock. Still, in general, we apply an absolute valuation method to find Shotspotter's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shotspotter where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shotspotter's related companies.
 Open High Low Close Volume
  13.92    14.10    13.43    13.48    49,099  
09/05/2024
  13.45    13.64    13.12    13.41    64,513  
  13.48    13.64    12.83    12.85    54,934  
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Open Value
13.45
13.41
Closing Value
24.59
Upside

Shotspotter Trading Date Momentum on September 5, 2024

On September 06 2024 Shotspotter was traded for  12.85  at the closing time. The top price for the day was 13.64  and the lowest listed price was  12.83 . The trading volume for the day was 54.9 K. The trading history from September 6, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.18% . The trading price change against the current closing price is 2.54% .

Shotspotter Fundamentals Correlations and Trends

By evaluating Shotspotter's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shotspotter's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shotspotter financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shotspotter Stock history

Shotspotter investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shotspotter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shotspotter will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shotspotter stock prices may prove useful in developing a viable investing in Shotspotter
ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States, South Africa, and the Bahamas. ShotSpotter, Inc. was founded in 1996 and is headquartered in Fremont, California. Shotspotter operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 167 people.

Shotspotter Stock Technical Analysis

Shotspotter technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Shotspotter technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shotspotter trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shotspotter Period Price Range

Low
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Shotspotter cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Shotspotter November 29, 2024 Market Strength

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

Shotspotter Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shotspotter's price direction in advance. Along with the technical and fundamental analysis of Shotspotter Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shotspotter to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Shotspotter Stock analysis

When running Shotspotter's price analysis, check to measure Shotspotter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shotspotter is operating at the current time. Most of Shotspotter's value examination focuses on studying past and present price action to predict the probability of Shotspotter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shotspotter's price. Additionally, you may evaluate how the addition of Shotspotter to your portfolios can decrease your overall portfolio volatility.
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