SSR Mining Stock Forecast - Accumulation Distribution

SSRM Stock  USD 6.34  0.10  1.60%   
SSR Stock Forecast is based on your current time horizon. Although SSR Mining's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of SSR Mining's systematic risk associated with finding meaningful patterns of SSR Mining fundamentals over time.
  
At this time, SSR Mining's Payables Turnover is very stable compared to the past year. As of the 21st of October 2024, Receivables Turnover is likely to grow to 10.79, while Inventory Turnover is likely to drop 2.05. . As of the 21st of October 2024, Common Stock Shares Outstanding is likely to grow to about 214.9 M. Also, Net Income Applicable To Common Shares is likely to grow to about 234.4 M.
On August 30, 2024 SSR Mining had Accumulation Distribution of 24795.77. Most investors in SSR Mining cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the SSR Mining's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SSR Mining's price structures and extracts relationships that further increase the accuracy of the generated results. The accumulation distribution (A/D) indicator shows the degree to which SSR Mining is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of SSR Mining to determine if accumulation or reduction is taking place in the market. This value is adjusted by SSR Mining trading volume to give more weight to distributions with higher volume over lower volume.
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SSR Mining Trading Date Momentum

On September 03 2024 SSR Mining was traded for  4.91  at the closing time. The top price for the day was 5.12  and the lowest listed price was  4.87 . The trading volume for the day was 1.8 M. The trading history from September 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 5.39% . The trading price change against the current closing price is 5.59% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for SSR Mining

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

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 Risk & Return  Correlation

SSR Mining 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 SSR Mining'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 SSR Mining's current price.

SSR Mining Market Strength Events

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

SSR Mining Risk Indicators

The analysis of SSR Mining'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 SSR Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ssr 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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When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of SSR Mining to cross-verify your projections.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining 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 Metals & Mining 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 SSR Mining. If investors know SSR 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 SSR Mining 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
(0.86)
Dividend Share
0.14
Earnings Share
(2.36)
Revenue Per Share
6.042
Quarterly Revenue Growth
(0.39)
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining'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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining'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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.