SharkNinja, Total Assets vs Common Stock Analysis
| SN Stock | USD 97.25 1.29 1.31% |
SharkNinja, financial indicator trend analysis is much more than just breaking down SharkNinja, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SharkNinja, is a good investment. Please check the relationship between SharkNinja, Total Assets and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SharkNinja, Total Assets account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SharkNinja,'s Total Assets and Common Stock is -0.04. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of SharkNinja,, assuming nothing else is changed. The correlation between historical values of SharkNinja,'s Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of SharkNinja, are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., SharkNinja,'s Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of SharkNinja, assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SharkNinja, books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock
Most indicators from SharkNinja,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SharkNinja, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.As of the 29th of December 2024, Selling General Administrative is likely to grow to about 406.7 M, while Tax Provision is likely to drop about 66 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.3B | 2.3B | 2.3B | 2.5B | Total Revenue | 3.7B | 3.7B | 4.3B | 4.5B |
SharkNinja, fundamental ratios Correlations
Click cells to compare fundamentals
SharkNinja, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with SharkNinja,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SharkNinja, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SharkNinja, will appreciate offsetting losses from the drop in the long position's value.Moving against SharkNinja, Stock
| 0.58 | FLXS | Flexsteel Industries | PairCorr |
| 0.55 | KEQU | Kewaunee Scientific | PairCorr |
| 0.49 | NCL | Northann Corp | PairCorr |
| 0.46 | WHR | Whirlpool | PairCorr |
| 0.31 | LZB | La Z Boy | PairCorr |
The ability to find closely correlated positions to SharkNinja, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SharkNinja, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SharkNinja, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SharkNinja, to buy it.
The correlation of SharkNinja, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SharkNinja, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SharkNinja, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SharkNinja, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Household Appliances 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 SharkNinja,. If investors know SharkNinja, 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 SharkNinja, 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 6.231 | Earnings Share 2.55 | Revenue Per Share 36.67 | Quarterly Revenue Growth 0.332 | Return On Assets 0.0865 |
The market value of SharkNinja, is measured differently than its book value, which is the value of SharkNinja, that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja,'s value that differs from its market value or its book value, called intrinsic value, which is SharkNinja,'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 SharkNinja,'s market value can be influenced by many factors that don't directly affect SharkNinja,'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 SharkNinja,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja,'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.