Spectra Systems (UK) Market Value

SPSY Stock   236.00  2.00  0.84%   
Spectra Systems' market value is the price at which a share of Spectra Systems trades on a public exchange. It measures the collective expectations of Spectra Systems Corp investors about its performance. Spectra Systems is selling for under 236.00 as of the 22nd of December 2024; that is 0.84% down since the beginning of the trading day. The stock's lowest day price was 230.95.
With this module, you can estimate the performance of a buy and hold strategy of Spectra Systems Corp and determine expected loss or profit from investing in Spectra Systems over a given investment horizon. Check out Spectra Systems Correlation, Spectra Systems Volatility and Spectra Systems Alpha and Beta module to complement your research on Spectra Systems.
Symbol

Please note, there is a significant difference between Spectra Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectra Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectra Systems' 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.

Spectra Systems '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 Spectra Systems' 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 Spectra Systems.
0.00
11/22/2024
No Change 0.00  0.0 
In 31 days
12/22/2024
0.00
If you would invest  0.00  in Spectra Systems on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Spectra Systems Corp or generate 0.0% return on investment in Spectra Systems over 30 days. Spectra Systems is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, State Bank, and Halyk Bank. Spectra Systems is entity of United Kingdom More

Spectra Systems 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 Spectra Systems' 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 Spectra Systems Corp upside and downside potential and time the market with a certain degree of confidence.

Spectra Systems Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectra Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spectra Systems' standard deviation. In reality, there are many statistical measures that can use Spectra Systems historical prices to predict the future Spectra Systems' volatility.
Hype
Prediction
LowEstimatedHigh
233.76235.94238.12
Details
Intrinsic
Valuation
LowRealHigh
202.14204.32259.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Spectra Systems Corp Backtested Returns

Spectra Systems Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0154, which indicates the firm had a -0.0154% return per unit of risk over the last 3 months. Spectra Systems Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spectra Systems' Coefficient Of Variation of 7214.36, semi deviation of 1.84, and Risk Adjusted Performance of 0.0174 to confirm the risk estimate we provide. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Spectra Systems are expected to decrease at a much lower rate. During the bear market, Spectra Systems is likely to outperform the market. At this point, Spectra Systems Corp has a negative expected return of -0.0334%. Please make sure to validate Spectra Systems' coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Spectra Systems Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

Spectra Systems Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Spectra Systems time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 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 Spectra Systems Corp price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Spectra Systems price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test0.33
Residual Average0.0
Price Variance26.78

Spectra Systems Corp lagged returns against current returns

Autocorrelation, which is Spectra Systems 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 Spectra Systems' stock expected returns. We can calculate the autocorrelation of Spectra Systems returns to help us make a trade decision. For example, suppose you find that Spectra Systems 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  

Spectra Systems 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 Spectra Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spectra Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spectra Systems stock over time.
   Current vs Lagged Prices   
       Timeline  

Spectra Systems Lagged Returns

When evaluating Spectra Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spectra Systems stock have on its future price. Spectra Systems 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, Spectra Systems autocorrelation shows the relationship between Spectra Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Spectra Systems Corp.
   Regressed Prices   
       Timeline  

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Additional Tools for Spectra Stock Analysis

When running Spectra Systems' price analysis, check to measure Spectra Systems' 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 Spectra Systems is operating at the current time. Most of Spectra Systems' value examination focuses on studying past and present price action to predict the probability of Spectra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra Systems' price. Additionally, you may evaluate how the addition of Spectra Systems to your portfolios can decrease your overall portfolio volatility.