In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SRAD Stock Today?
Sportradar Group AG (SRAD) stock is trading at $9.24 as of 1:08 PM on Thursday, Nov 2, a rise of $1.14, or 14.07% from the previous closing price of $8.10. The stock has traded between $8.21 and $9.37 so far today. Volume today is above average. So far 819,248 shares have traded compared to average volume of 256,362 shares.
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More About Sportradar Group AG
Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the global sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.
Click Here to get the full Stock Report for Sportradar Group AG stock.
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