Spok Holdings Stock Market Value
| SPOK Stock | USD 16.41 0.06 0.36% |
| Symbol | Spok |
Spok Holdings Price To Book Ratio
Is Wireless Telecommunication Services space 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 Spok Holdings. If investors know Spok 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 Spok Holdings 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 (0.18) | Dividend Share 1.25 | Earnings Share 0.71 | Revenue Per Share 6.828 | Quarterly Revenue Growth (0.02) |
The market value of Spok Holdings is measured differently than its book value, which is the value of Spok that is recorded on the company's balance sheet. Investors also form their own opinion of Spok Holdings' value that differs from its market value or its book value, called intrinsic value, which is Spok Holdings' 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 Spok Holdings' market value can be influenced by many factors that don't directly affect Spok Holdings' 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 Spok Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spok Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spok Holdings' 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.
Spok Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Spok Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Spok Holdings.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Spok Holdings on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Spok Holdings or generate 0.0% return on investment in Spok Holdings over 540 days. Spok Holdings is related to or competes with Forian, Streamline Health, National Research, HealthEquity, Definitive Healthcare, Evolent Health, and Simulations Plus. Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United State... More
Spok Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Spok Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Spok Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.0384 | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 2.47 |
Spok Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spok Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spok Holdings' standard deviation. In reality, there are many statistical measures that can use Spok Holdings historical prices to predict the future Spok Holdings' volatility.| Risk Adjusted Performance | 0.1052 | |||
| Jensen Alpha | 0.064 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0511 | |||
| Treynor Ratio | 0.1871 |
Spok Holdings Backtested Returns
Spok Holdings appears to be very steady, given 3 months investment horizon. Spok Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spok Holdings, which you can use to evaluate the volatility of the company. Please review Spok Holdings' Risk Adjusted Performance of 0.1052, coefficient of variation of 759.84, and Semi Deviation of 0.825 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spok Holdings holds a performance score of 12. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Spok Holdings returns are very sensitive to returns on the market. As the market goes up or down, Spok Holdings is expected to follow. Please check Spok Holdings' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Spok Holdings' existing price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Spok Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Spok Holdings time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Spok Holdings price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Spok Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Spok Holdings lagged returns against current returns
Autocorrelation, which is Spok Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Spok Holdings' stock expected returns. We can calculate the autocorrelation of Spok Holdings returns to help us make a trade decision. For example, suppose you find that Spok Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Spok Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Spok Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spok Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spok Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Spok Holdings Lagged Returns
When evaluating Spok Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spok Holdings stock have on its future price. Spok Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Spok Holdings autocorrelation shows the relationship between Spok Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Spok Holdings.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Spok Holdings Correlation, Spok Holdings Volatility and Spok Holdings Alpha and Beta module to complement your research on Spok Holdings. For more information on how to buy Spok Stock please use our How to buy in Spok Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Spok Holdings 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.