Spruce Power Holding Stock Performance
| SPRU Stock | 2.88 0.05 1.71% |
Spruce Power has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.04, which indicates a somewhat significant risk relative to the market. Spruce Power returns are very sensitive to returns on the market. As the market goes up or down, Spruce Power is expected to follow. Spruce Power Holding right now has a risk of 3.82%. Please validate Spruce Power total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to decide if Spruce Power will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Spruce Power Holding are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Spruce Power may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Actual Historical Performance (%)
One Day Return (1.71) | Five Day Return 4.35 | Year To Date Return (38.59) | Ten Year Return (96.32) | All Time Return (96.32) |
Last Split Factor 1:8 | Last Split Date 2023-10-09 |
1 | Spruce Power Holding Corp Q3 2024 Earnings Revenue Misses Estimates at 21. ... | 11/13/2024 |
2 | Q3 2024 Spruce Power Holding Corp Earnings Call Transcript | 11/14/2024 |
3 | Spruce Power Announces Acquisition of Residential Solar Portfolio from NJR Clean Energy ... | 11/25/2024 |
4 | Acquisition by Christopher Hayes of 11440 shares of Spruce Power at 2.3929 subject to Rule 16b-3 | 11/27/2024 |
5 | Acquisition by Ledecky Jonathan J of 2000 shares of Spruce Power at 2.5094 subject to Rule 16b-3 | 11/29/2024 |
6 | Acquisition by Christopher Hayes of 1827 shares of Spruce Power at 2.5889 subject to Rule 16b-3 | 12/02/2024 |
7 | Spruce power director Kevin Griffin acquires 23,653 in stock | 12/03/2024 |
8 | Spruce Powers director Eric M. Tech buys 5,100 in common stock | 12/05/2024 |
9 | Acquisition by Eric Tech of 1000 shares of Spruce Power at 2.8208 subject to Rule 16b-3 | 12/06/2024 |
10 | Acquisition by Eric Tech of 4000 shares of Spruce Power at 2.8 subject to Rule 16b-3 | 12/13/2024 |
11 | Spruce Power Announces First Spruce Pro Servicing Customer | 12/23/2024 |
| Begin Period Cash Flow | 240.1 M | |
| Free Cash Flow | -34.2 M |
Spruce |
Spruce Power Relative Risk vs. Return Landscape
If you would invest 271.00 in Spruce Power Holding on September 26, 2024 and sell it today you would earn a total of 17.00 from holding Spruce Power Holding or generate 6.27% return on investment over 90 days. Spruce Power Holding is currently generating 0.1674% in daily expected returns and assumes 3.8199% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of stocks are less volatile than Spruce, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Spruce Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spruce Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spruce Power Holding, and traders can use it to determine the average amount a Spruce Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0438
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SPRU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.82 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Spruce Power is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spruce Power by adding it to a well-diversified portfolio.
Spruce Power Fundamentals Growth
Spruce Stock prices reflect investors' perceptions of the future prospects and financial health of Spruce Power, and Spruce Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spruce Stock performance.
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.0107 | ||||
| Profit Margin | (0.76) % | ||||
| Operating Margin | (0.19) % | ||||
| Current Valuation | 552.22 M | ||||
| Shares Outstanding | 18.56 M | ||||
| Price To Book | 0.36 X | ||||
| Price To Sales | 0.68 X | ||||
| Revenue | 79.86 M | ||||
| Gross Profit | 13.24 M | ||||
| EBITDA | 5.87 M | ||||
| Net Income | (62.49 M) | ||||
| Total Debt | 625.68 M | ||||
| Book Value Per Share | 10.90 X | ||||
| Cash Flow From Operations | (33.66 M) | ||||
| Earnings Per Share | (3.28) X | ||||
| Market Capitalization | 43.42 M | ||||
| Total Asset | 895.02 M | ||||
| Retained Earnings | (257.89 M) | ||||
| Working Capital | 131.63 M | ||||
About Spruce Power Performance
Assessing Spruce Power's fundamental ratios provides investors with valuable insights into Spruce Power's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Spruce Power is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.4 K | 1.4 K | |
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | (0.04) | (0.05) | |
| Return On Assets | (0.07) | (0.08) | |
| Return On Equity | (0.31) | (0.33) |
Things to note about Spruce Power Holding performance evaluation
Checking the ongoing alerts about Spruce Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spruce Power Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spruce Power Holding had very high historical volatility over the last 90 days | |
| Spruce Power Holding has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 79.86 M. Net Loss for the year was (62.49 M) with profit before overhead, payroll, taxes, and interest of 13.24 M. | |
| Spruce Power generates negative cash flow from operations | |
| Spruce Power Holding has a frail financial position based on the latest SEC disclosures | |
| About 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Spruce Power Announces First Spruce Pro Servicing Customer |
- Analyzing Spruce Power's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spruce Power's stock is overvalued or undervalued compared to its peers.
- Examining Spruce Power's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spruce Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spruce Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spruce Power's stock. These opinions can provide insight into Spruce Power's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Spruce Stock Analysis
When running Spruce Power's price analysis, check to measure Spruce Power's 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 Spruce Power is operating at the current time. Most of Spruce Power's value examination focuses on studying past and present price action to predict the probability of Spruce Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Power's price. Additionally, you may evaluate how the addition of Spruce Power to your portfolios can decrease your overall portfolio volatility.