Spectra7 Microsystems Stock Market Value
| SPVNF Stock | USD 0.09 0.01 17.76% |
| Symbol | Spectra7 |
Spectra7 Microsystems '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 Spectra7 Microsystems' otc 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 Spectra7 Microsystems.
| 09/25/2024 |
| 12/24/2024 |
If you would invest 0.00 in Spectra7 Microsystems on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Spectra7 Microsystems or generate 0.0% return on investment in Spectra7 Microsystems over 90 days. Spectra7 Microsystems is related to or competes with Parsons Corp, Appen, and Usio. Spectra7 Microsystems Inc. operates as an analog semiconductor company in Canada and China More
Spectra7 Microsystems 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 Spectra7 Microsystems' otc 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 Spectra7 Microsystems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.13 | |||
| Information Ratio | 0.0543 | |||
| Maximum Drawdown | 68.0 | |||
| Value At Risk | (16.80) | |||
| Potential Upside | 17.76 |
Spectra7 Microsystems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectra7 Microsystems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spectra7 Microsystems' standard deviation. In reality, there are many statistical measures that can use Spectra7 Microsystems historical prices to predict the future Spectra7 Microsystems' volatility.| Risk Adjusted Performance | 0.0547 | |||
| Jensen Alpha | 0.5789 | |||
| Total Risk Alpha | 0.2965 | |||
| Sortino Ratio | 0.0451 | |||
| Treynor Ratio | 0.3913 |
Spectra7 Microsystems Backtested Returns
Spectra7 Microsystems appears to be out of control, given 3 months investment horizon. Spectra7 Microsystems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.054, which indicates the firm had a 0.054% return per unit of risk over the last 3 months. By inspecting Spectra7 Microsystems' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Spectra7 Microsystems' Risk Adjusted Performance of 0.0547, coefficient of variation of 1743.73, and Semi Deviation of 8.42 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spectra7 Microsystems holds a performance score of 4. The entity has a beta of 1.57, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spectra7 Microsystems will likely underperform. Please check Spectra7 Microsystems' total risk alpha and the relationship between the potential upside and day typical price , to make a quick decision on whether Spectra7 Microsystems' existing price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Spectra7 Microsystems has weak predictability. Overlapping area represents the amount of predictability between Spectra7 Microsystems time series from 25th of September 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Spectra7 Microsystems price movement. The serial correlation of 0.2 indicates that over 20.0% of current Spectra7 Microsystems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spectra7 Microsystems lagged returns against current returns
Autocorrelation, which is Spectra7 Microsystems otc 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 Spectra7 Microsystems' otc stock expected returns. We can calculate the autocorrelation of Spectra7 Microsystems returns to help us make a trade decision. For example, suppose you find that Spectra7 Microsystems has exhibited high autocorrelation historically, and you observe that the otc 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 |
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Spectra7 Microsystems 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 Spectra7 Microsystems otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spectra7 Microsystems otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spectra7 Microsystems otc stock over time.
Current vs Lagged Prices |
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Spectra7 Microsystems Lagged Returns
When evaluating Spectra7 Microsystems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spectra7 Microsystems otc stock have on its future price. Spectra7 Microsystems 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, Spectra7 Microsystems autocorrelation shows the relationship between Spectra7 Microsystems otc stock current value and its past values and can show if there is a momentum factor associated with investing in Spectra7 Microsystems.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Spectra7 OTC Stock
Spectra7 Microsystems financial ratios help investors to determine whether Spectra7 OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spectra7 with respect to the benefits of owning Spectra7 Microsystems security.