Sleep Number Corp Stock Price on March 19, 2024

SNBR Stock  USD 14.06  0.49  3.61%   
Below is the normalized historical share price chart for Sleep Number Corp extending back to December 04, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sleep Number stands at 14.06, as last reported on the 5th of May, with the highest price reaching 15.26 and the lowest price hitting 13.99 during the day.
IPO Date
4th of December 1998
200 Day MA
17.655
50 Day MA
14.468
Beta
2.021
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sleep Stock, it is important to understand the factors that can impact its price. Sleep Number appears to be somewhat reliable, given 3 months investment horizon. Sleep Number Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Sleep Number's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please review Sleep Number's Semi Deviation of 4.44, coefficient of variation of 972.35, and Risk Adjusted Performance of 0.0739 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Sleep Number's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/05/2024, Liabilities And Stockholders Equity is likely to grow to about 1.1 B, while Other Stockholder Equity is likely to drop slightly above 15.9 M. . As of 05/05/2024, Price To Sales Ratio is likely to drop to 0.24. In addition to that, Price Earnings Ratio is likely to drop to 10.42. Sleep Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1262

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Estimated Market Risk

 6.44
  actual daily
57
57% of assets are less volatile

Expected Return

 0.81
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Sleep Number is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sleep Number by adding it to a well-diversified portfolio.
Enterprise Value Ebitda
12.9885
Price Sales
0.1533
Shares Float
19.3 M
Wall Street Target Price
13.17
Earnings Share
(1.52)

Sleep Number Main Headline on 19th of March 2024

Filed transaction by Sleep Number Corp Officer: Evp, Chief Innovation Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Sleep Number Valuation on March 19, 2024

It is possible to determine the worth of Sleep Number on a given historical date. On March 19, 2024 Sleep was worth 13.25 at the beginning of the trading date compared to the closed value of 13.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sleep Number stock. Still, in general, we apply an absolute valuation method to find Sleep Number's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sleep Number where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sleep Number's related companies.
 Open High Low Close Volume
  13.66    13.77    13.06    13.25    372,624  
03/19/2024
  13.25    13.87    13.05    13.50    444,514  
  13.50    14.54    13.35    13.95    544,570  
Backtest Sleep Number  |  Sleep Number History  |  Sleep Number Valuation   PreviousNext  
Open Value
13.25
13.5
Closing Value
32.57
Upside

Sleep Number Trading Date Momentum on March 19, 2024

On March 20 2024 Sleep Number Corp was traded for  13.95  at the closing time. The top price for the day was 14.54  and the lowest listed price was  13.35 . The trading volume for the day was 544.6 K. The trading history from March 20, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 3.33% . The trading price change against the current closing price is 19.56% .

Sleep Number Corp Fundamentals Correlations and Trends

By evaluating Sleep Number's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sleep Number's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sleep financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sleep Number Stock history

Sleep Number investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sleep is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sleep Number Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sleep Number stock prices may prove useful in developing a viable investing in Sleep Number
Last ReportedProjected for Next Year
Common Stock Shares Outstanding22.4 M35.6 M
Net Income Applicable To Common Shares42.1 M65.8 M

Sleep Number Stock Technical Analysis

Sleep Number 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.
A focus of Sleep Number technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sleep Number trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sleep Number Period Price Range

Low
March 19, 2024
0.25  1.89%
High

 13.25 

     

 13.50 

Sleep Number May 5, 2024 Market Strength

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

Sleep Number Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sleep Number's price direction in advance. Along with the technical and fundamental analysis of Sleep Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sleep to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Sleep Number Corp is a strong investment it is important to analyze Sleep Number'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 Sleep Number's future performance. For an informed investment choice regarding Sleep Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sleep Number Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Sleep Number Corp information on this page should be used as a complementary analysis to other Sleep Number's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Sleep Stock analysis

When running Sleep Number's price analysis, check to measure Sleep Number's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.
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Is Sleep Number's industry 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 Sleep Number. If investors know Sleep 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 Sleep Number 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
(0.98)
Earnings Share
(1.52)
Revenue Per Share
81.463
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0193
The market value of Sleep Number Corp is measured differently than its book value, which is the value of Sleep that is recorded on the company's balance sheet. Investors also form their own opinion of Sleep Number's value that differs from its market value or its book value, called intrinsic value, which is Sleep Number'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 Sleep Number's market value can be influenced by many factors that don't directly affect Sleep Number'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 Sleep Number's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sleep Number is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sleep Number'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.