Sono Tek Corp Stock Momentum Indicators Rate of change

SOTK Stock  USD 4.66  0.03  0.64%   
Sono Tek momentum indicators tool provides the execution environment for running the Rate of change indicator and other technical functions against Sono Tek. Sono Tek value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Rate of change indicator function is designed to identify and follow existing trends. Momentum indicators of Sono Tek are pattern recognition functions that provide distinct formation on Sono Tek potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Rate of change : ((price/prevPrice)-1)*100 indicator measures the change in Sono Tek Corp price from one period to the next.

Sono Tek Technical Analysis Modules

Most technical analysis of Sono Tek help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sono from various momentum indicators to cycle indicators. When you analyze Sono charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Sono Tek Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sono Tek Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sono Tek Corp based on widely used predictive technical indicators. In general, we focus on analyzing Sono Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sono Tek's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Sono Tek's intrinsic value. In addition to deriving basic predictive indicators for Sono Tek, we also check how macroeconomic factors affect Sono Tek price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding23.2839.627.2553.22
PTB Ratio5.845.815.225.48
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sono Tek'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.
Hype
Prediction
LowEstimatedHigh
2.224.667.10
Details
Intrinsic
Valuation
LowRealHigh
1.333.776.21
Details
Naive
Forecast
LowNextHigh
2.454.897.33
Details
2 Analysts
Consensus
LowTargetHigh
8.879.7510.82
Details

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When determining whether Sono Tek Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sono Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sono Tek Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sono Tek Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sono Tek Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Electronic Equipment, Instruments & Components 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 Sono Tek. If investors know Sono 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 Sono Tek 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
(0.33)
Earnings Share
0.09
Revenue Per Share
1.311
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0346
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek'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 Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek'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 Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek'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.