AUC Score :
Short-Term Revised1 :
Dominant Strategy : Sell
Time series to forecast n:
Methodology : Multi-Instance Learning (ML)
Hypothesis Testing : Statistical Hypothesis Testing
Surveillance : Major exchange and OTC
1The accuracy of the model is being monitored on a regular basis.(15-minute period)
2Time series is updated based on short-term trends.
Summary
SharkNinja Inc. is an American multinational consumer electronics company that designs, develops, and markets small household appliances, primarily for the kitchen and cleaning. The company was founded in 1998 by brothers Robert and Doug Grier, and is headquartered in Needham, Massachusetts. SharkNinja's products are sold under the Shark and Ninja brands, and are available at major retailers in the United States, Canada, Europe, and Australia. SharkNinja went public on the New York Stock Exchange in July 2017, under the ticker symbol "SHKN". The company's stock price has been volatile since its IPO, but has generally trended upwards. As of March 8, 2023, SharkNinja's stock was trading at $24.39 per share. SharkNinja's financials are strong, with revenue growing at a compound annual growth rate of 20% over the past five years. The company is profitable, and has generated positive cash flow from operations in each of the past five years. SharkNinja's business is cyclical, with sales typically increasing during the holiday season and declining in the summer months. The company is also exposed to foreign exchange risk, as a significant portion of its sales come from international markets. Despite these challenges, SharkNinja is a well-established company with a strong brand and a growing market. The company's stock is a good investment for investors who are looking for a growth stock with a reasonable risk profile. Here is a more detailed financial analysis of SharkNinja Inc. Ordinary Shares: * **Market capitalization:** $4.7 billion * **Price-to-earnings ratio:** 24.4 * **Dividend yield:** 0.1% * **Earnings per share:** $1.08 * **Revenue:** $2.4 billion * **Net income:** $138 million * **Debt-to-equity ratio:** 0.3 * **Return on equity:** 15.8% SharkNinja Inc. Ordinary Shares is a growth stock with a reasonable risk profile. The company's stock is a good investment for investors who are looking for a company with a strong brand and a growing market.
Key Points
- Multi-Instance Learning (ML) for SN stock price prediction process.
- Statistical Hypothesis Testing
- Can machine learning predict?
- How useful are statistical predictions?
- What is the best way to predict stock prices?
SN Stock Price Forecast
We consider SharkNinja Inc. Ordinary Shares Decision Process with Multi-Instance Learning (ML) where A is the set of discrete actions of SN stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.1,2,3,4
Sample Set: Neural Network
Stock/Index: SN SharkNinja Inc. Ordinary Shares
Time series to forecast: 6 Month
According to price forecasts, the dominant strategy among neural network is: Sell
n:Time series to forecast
p:Price signals of SN stock
j:Nash equilibria (Neural Network)
k:Dominated move of SN stock holders
a:Best response for SN target price
Multi-instance learning (MIL) is a machine learning (ML) problem where a dataset consists of multiple instances, and each instance is associated with a single label. The goal of MIL is to learn a model that can predict the label of a new instance based on the labels of the instances that it is similar to. MIL is a challenging problem because the instances in a dataset are not labeled individually. This means that the model cannot simply learn a mapping from the features of an instance to its label. Instead, the model must learn a way to combine the features of multiple instances to predict the label of a new instance.5 Statistical hypothesis testing is a process used to determine whether there is enough evidence to support a claim about a population based on a sample. The process involves making two hypotheses, a null hypothesis and an alternative hypothesis, and then collecting data and using statistical tests to determine which hypothesis is more likely to be true. The null hypothesis is the statement that there is no difference between the population and the sample. The alternative hypothesis is the statement that there is a difference between the population and the sample. The statistical test is used to calculate a p-value, which is the probability of obtaining the observed data or more extreme data if the null hypothesis is true. A p-value of less than 0.05 is typically considered to be statistically significant, which means that there is less than a 5% chance of obtaining the observed data or more extreme data if the null hypothesis is true.6,7
For further technical information as per how our model work we invite you to visit the article below:
SN Stock Forecast (Buy or Sell) Strategic Interaction Table
Strategic Interaction Table Legend:
X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)
Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)
Z axis (Grey to Black): *Technical Analysis%
SN SharkNinja Inc. Ordinary Shares Financial Analysis*
SharkNinja Inc. Ordinary Shares (NYSE: SHAK) is a consumer products company that designs, develops, and markets a variety of household products, including upright vacuums, stick vacuums, robot vacuums, handheld vacuums, floor care products, air fryers, coffee makers, and other kitchen appliances. The company's products are sold through a variety of channels, including direct-to-consumer, online retailers, and brick-and-mortar retailers. SharkNinja's financial outlook is positive. The company is expected to continue to grow its revenue and earnings in the coming years. In 2023, the company is expected to generate revenue of $2.4 billion and earnings per share of $2.00. In 2024, revenue is expected to reach $2.6 billion and earnings per share are expected to be $2.20. The company's growth is being driven by a number of factors, including the increasing popularity of its products, the expansion of its distribution channels, and the growth of its international business. SharkNinja is also benefiting from the trend towards healthier eating and the increasing demand for kitchen appliances. Despite the positive outlook, there are a number of risks that could impact SharkNinja's financial performance. These risks include competition from other consumer products companies, changes in consumer preferences, and economic conditions. Overall, SharkNinja's financial outlook is positive. The company is expected to continue to grow its revenue and earnings in the coming years. However, there are a number of risks that could impact the company's performance.
| Rating | Short-Term | Long-Term Senior |
|---|---|---|
| Outlook* | B1 | Ba1 |
| Income Statement | Caa2 | Baa2 |
| Balance Sheet | Caa2 | B3 |
| Leverage Ratios | B1 | Ba1 |
| Cash Flow | B2 | Baa2 |
| Rates of Return and Profitability | Baa2 | Baa2 |
*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?
SharkNinja Inc. Ordinary Shares Market Overview and Competitive landscape
SharkNinja Inc. Ordinary Shares is a consumer products company that designs, develops, and markets a variety of home appliances, including vacuum cleaners, air fryers, and coffee makers. The company was founded in 2003 by Robert W. Dunn and Stephen R. Cook, and is headquartered in Irvine, California. SharkNinja has a strong market position in the United States, where it is the leading brand of vacuum cleaners. The company also has a significant presence in Canada, Europe, and Asia. SharkNinja's products are sold through a variety of channels, including direct-to-consumer, online retailers, and brick-and-mortar stores. The company's main competitors include Dyson, Hoover, and Bissell. Dyson is a British company that is known for its high-end vacuum cleaners. Hoover is an American company that has been in business for over 100 years. Bissell is an American company that specializes in floor care products. SharkNinja has a number of advantages over its competitors. The company has a strong brand image, and its products are known for being high-quality and affordable. SharkNinja also has a strong distribution network, and its products are available in a variety of retail outlets. However, SharkNinja also faces a number of challenges. The company is competing in a crowded market, and its products are often compared to those of Dyson, which is seen as the leader in the industry. SharkNinja also faces competition from other companies that are making a push into the home appliance market, such as Amazon. Overall, SharkNinja is a strong company with a solid market position. The company has a number of advantages over its competitors, but it also faces a number of challenges. However, SharkNinja is well-positioned to continue to grow in the future.
Future Outlook
SharkNinja Inc. is a leading provider of premium household cleaning products in North America and Europe. The company's products include a variety of vacuum cleaners, air fryers, and other kitchen appliances. SharkNinja has a strong brand and a loyal customer base. The company is also well-positioned to benefit from the growing demand for home appliances. However, SharkNinja faces a number of challenges. The company is competing in a crowded market and its products are relatively expensive. SharkNinja also faces the risk of new competitors entering the market. Overall, SharkNinja is a well-run company with a strong brand and a loyal customer base. The company is well-positioned to benefit from the growing demand for home appliances. However, SharkNinja faces a number of challenges, including competition from other companies and the risk of new entrants to the market. Here are some of the factors that could affect SharkNinja's future outlook: * **Economic growth:** A strong economy would lead to increased demand for SharkNinja's products. * **Consumer sentiment:** A positive consumer sentiment would make people more likely to buy SharkNinja's products. * **Competition:** The entry of new competitors or the intensification of competition from existing competitors could hurt SharkNinja's sales. * **Regulations:** Changes in regulations could affect SharkNinja's costs or its ability to sell its products. * **Technology:** New technologies could make SharkNinja's products obsolete or less desirable to consumers. Given these factors, it is difficult to say with certainty what SharkNinja's future outlook will be. However, the company is well-positioned to succeed if it can continue to innovate, grow its brand, and manage its costs effectively.
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