SharkNinja Financial Statements From 2010 to 2026
| SN Stock | USD 119.35 0.49 0.41% |
Check SharkNinja financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SharkNinja's main balance sheet or income statement drivers, such as , as well as many indicators such as . SharkNinja financial statements analysis is a perfect complement when working with SharkNinja Valuation or Volatility modules.
SharkNinja | Build AI portfolio with SharkNinja Stock |
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 together with SharkNinja Stock
Moving against SharkNinja Stock
| 0.64 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.45 | HPQ | HP Inc | PairCorr |
| 0.39 | MSFT | Microsoft | PairCorr |
| 0.35 | MMSI | Merit Medical Systems | 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 the analysis of SharkNinja Correlation against competitors. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Will Stock sector continue expanding? Could SharkNinja diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every SharkNinja data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding SharkNinja requires distinguishing between market price and book value, where the latter reflects SharkNinja's accounting equity. The concept of intrinsic value—what SharkNinja's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push SharkNinja's price substantially above or below its fundamental 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. In contrast, SharkNinja's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.