ShotSpotter (Germany) Market Value
| 918 Stock | EUR 13.90 0.40 2.96% |
| Symbol | ShotSpotter |
ShotSpotter 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ShotSpotter's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ShotSpotter.
| 03/20/2025 |
| 04/19/2025 |
If you would invest 0.00 in ShotSpotter on March 20, 2025 and sell it all today you would earn a total of 0.00 from holding ShotSpotter or generate 0.0% return on investment in ShotSpotter over 30 days. ShotSpotter is related to or competes with TRADELINK ELECTRON, RETAIL FOOD, ANTA Sports, Gaztransport Technigaz, DICKS Sporting, Tradegate, and Sporting Clube. More
ShotSpotter Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ShotSpotter's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ShotSpotter upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.0925 | |||
| Maximum Drawdown | 31.78 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 9.16 |
ShotSpotter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ShotSpotter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ShotSpotter's standard deviation. In reality, there are many statistical measures that can use ShotSpotter historical prices to predict the future ShotSpotter's volatility.| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | 0.3058 | |||
| Total Risk Alpha | 0.6818 | |||
| Sortino Ratio | 0.1286 | |||
| Treynor Ratio | (3.76) |
ShotSpotter Backtested Returns
ShotSpotter appears to be somewhat reliable, given 3 months investment horizon. ShotSpotter owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0639, which indicates the firm had a 0.0639 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ShotSpotter, which you can use to evaluate the volatility of the company. Please review ShotSpotter's Coefficient Of Variation of 1455.06, semi deviation of 3.1, and Risk Adjusted Performance of 0.1162 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ShotSpotter holds a performance score of 5. The entity has a beta of -0.0841, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ShotSpotter are expected to decrease at a much lower rate. During the bear market, ShotSpotter is likely to outperform the market. Please check ShotSpotter's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether ShotSpotter's existing price patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
ShotSpotter has virtually no predictability. Overlapping area represents the amount of predictability between ShotSpotter time series from 20th of March 2025 to 4th of April 2025 and 4th of April 2025 to 19th of April 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ShotSpotter price movement. The serial correlation of 0.09 indicates that less than 9.0% of current ShotSpotter price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
ShotSpotter lagged returns against current returns
Autocorrelation, which is ShotSpotter stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ShotSpotter's stock expected returns. We can calculate the autocorrelation of ShotSpotter returns to help us make a trade decision. For example, suppose you find that ShotSpotter has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ShotSpotter regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ShotSpotter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ShotSpotter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ShotSpotter stock over time.
Current vs Lagged Prices |
| Timeline |
ShotSpotter Lagged Returns
When evaluating ShotSpotter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ShotSpotter stock have on its future price. ShotSpotter autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ShotSpotter autocorrelation shows the relationship between ShotSpotter stock current value and its past values and can show if there is a momentum factor associated with investing in ShotSpotter.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| AMT | American Tower Corp | |
| HLTOY | Hellenic Telecommunications Org | |
| NFLX | Netflix | |
| EPGFX | Europac Gold Fund | |
| FTGFF | Firan Technology Group |
Additional Information and Resources on Investing in ShotSpotter Stock
When determining whether ShotSpotter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ShotSpotter'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 Shotspotter Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shotspotter Stock:Check out ShotSpotter Correlation, ShotSpotter Volatility and ShotSpotter Alpha and Beta module to complement your research on ShotSpotter. For more detail on how to invest in ShotSpotter Stock please use our How to Invest in ShotSpotter guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.