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A shot stock quote is a snapshot of a stock's current price and other relevant details. It's a vital tool for investors, but it can also be misleading if not understood correctly.
The trend of a shot stock quote can be influenced by various factors, such as market sentiment and economic indicators. For instance, a sudden surge in a stock's price might be due to a positive earnings report.
Investors should be aware of the risks associated with shot stock quotes, including the potential for volatility and market fluctuations. A stock's price can drop rapidly due to unexpected news or events.
To make informed investment decisions, it's essential to analyze shot stock quotes in the context of the overall market and economic conditions.
Understanding the Shooting Star Pattern
The shooting star pattern is a significant reversal signal that can help traders anticipate a potential change in the market trend. It's a bearish pattern that appears at the top of an uptrend.
To identify a shooting star pattern, look for a small body, a long upper shadow, and little-to-no lower shadow. This pattern is typically found at the end of an upward shift, making it a crucial signal to recognize.
A shooting star pattern is only significant as a potential reversal signal at the end of an upward shift, so make sure the stock is in an uptrend before looking for this pattern. This can be confirmed using longer-term moving averages or trend lines.
Here are the key characteristics of a shooting star pattern:
- A small body (either bullish or bearish)
- A long upper shadow (typically at least twice the length of the body)
- Little-to-no lower shadow
- Appears at the top of an uptrend
The shooting star pattern is not a guarantee of a reversal, so it's essential to wait for confirmation before entering a trade. This can be achieved by looking for a bearish candle following the shooting star, increased trading volume, or a break below the low of the shooting star.
Analyzing Stock Performance
Analyzing Stock Performance is a crucial step in making informed investment decisions.
The stock's current market cap is $29,910,700, indicating a relatively small market size.
Shot Stock has been performing well in the short term, with a 1-day gain of +6.38%. However, this growth is not sustainable in the long term, as seen in the 1-month change of -35.06% and 3-month change of -53.71%.
Here are some key performance metrics to consider:
Shooting Star vs Inverted Hammer
The Shooting Star vs Inverted Hammer is a crucial distinction for traders to make.
A Shooting Star occurs after a price advance, marking a potential turning point lower.
The key characteristics of a Shooting Star are a long upper shadow and a small real body near the low of the candle, with little or no lower shadow.
In contrast, an Inverted Hammer occurs after a price decline, marking a potential turning point higher.
The main difference between these two patterns is context, not visual appearance.
Both patterns have long upper shadows and small real bodies near the low of the candle, with little or no lower shadow.
Understanding the context in which these patterns occur is essential for making informed trading decisions.
Stock Performance
The stock performance of Safety Shot has been quite volatile. The stock has a market cap of $29,910,700 and is listed on the NASDAQ exchange.
The stock's price has fluctuated over the past year, with a 52-week high of $4.05 and a 52-week low of $0.45. This significant price swing is reflected in the stock's beta, which is 1.9.
In the past month, the stock has experienced a -35.06% change, while over the past three months, it has declined by -52.39%. This steep decline is even more pronounced when looking at the stock's performance over the past year, with a -84.08% change.
Here's a summary of the stock's performance over different time periods:
The stock's price has also fluctuated on a daily basis, with a recent price of $0.50 and a change of +6.38% on January 28, 2025.
Risk and Valuation
The stock's earnings have declined by a staggering 37.8% per year over the past 5 years.
This significant decline in earnings is a major red flag for investors, making it essential to carefully consider the company's financial health.
The stock's market capitalization has fluctuated between 36.05M and 6.97B, with a current value of 6.47B.
A P/E ratio of -7.16x in 2023 indicates that the company's stock is currently undervalued, but it's essential to consider the overall market conditions.
The enterprise value has also seen significant fluctuations, ranging from 33.43M to 6.47B, with a current value of 6.47B.
Risk Analysis
Declining earnings can be a major red flag for investors. Earnings have declined by 37.8% per year over the past 5 years.
Substantial dilution of shareholders can also be a concern. Shareholders have been substantially diluted in the past year.
Revenue is another crucial factor to consider. This company makes less than USD$1m in revenue, a far cry from what's needed to sustain a business.
A revenue stream of $652K is not enough to support the company's operations.
Valuation: Safety Inc
Safety Inc's capitalization has fluctuated significantly, ranging from 36.05M to 6.97B.
Let's take a closer look at the P/E ratio, which is a key valuation metric. In 2022, Safety Inc's P/E ratio was -1.12x, indicating a potential undervaluation.
The enterprise value of Safety Inc has also varied, with a low of 33.43M and a high of 6.47B.
Here's a comparison of Safety Inc's P/E ratio and enterprise value over time:
The EV/Sales ratio, another important valuation metric, has also shown significant fluctuations, with a high of 2,376,477x in 2022 and a low of 772,599,595x in 2023.
Price Volatility
SHOT's price volatility is relatively stable compared to the industry and market. The company's average weekly movement is 11.1%, which is lower than the market average movement of 6.5%.
This stability can be attributed to SHOT's consistent performance over the past year, with its weekly volatility remaining at 11%. In comparison, the 10% most volatile stocks in the US market have an average weekly movement of 19.2%.
Here's a comparison of SHOT's price volatility with its industry and the market:
SHOT's stable share price over the past 3 months suggests that the company's price volatility is not a major concern.
Frequently Asked Questions
What is SHOT trading at?
SHOT is currently trading at 0.7698 USD. Check the chart for the latest price performance.
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