Scisparc Stock Alpha and Beta Analysis
| SPRC Stock | USD 0.22 0.01 4.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Scisparc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Scisparc over a specified time horizon. Remember, high Scisparc's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Scisparc's market risk premium analysis include:
Beta (0.02) | Alpha (0.63) | Risk 5.97 | Sharpe Ratio (0.08) | Expected Return (0.46) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Scisparc |
Scisparc Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Scisparc market risk premium is the additional return an investor will receive from holding Scisparc long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Scisparc. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Scisparc's performance over market.| α | -0.63 | β | -0.02 |
Scisparc expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Scisparc's Buy-and-hold return. Our buy-and-hold chart shows how Scisparc performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Scisparc Market Price Analysis
Market price analysis indicators help investors to evaluate how Scisparc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scisparc shares will generate the highest return on investment. By understating and applying Scisparc stock market price indicators, traders can identify Scisparc position entry and exit signals to maximize returns.
Scisparc Return and Market Media
The median price of Scisparc for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 0.24 with a coefficient of variation of 15.25. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.25, and mean deviation of 0.03. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | SciSparc extends additional loan of 1.85M to AutoMax | 09/11/2024 |
2 | SciSparc-Clearmind Medicine Collaboration Announces the Publication of an International Patent Application for Pioneering Ibogaine Combination Therapy | 09/16/2024 |
3 | SciSparc signs LOI to sell entire ownership in MitoCareX | 09/26/2024 |
4 | National Poll on Perceptions of Mental Health and Suicide Prevention Reveals Most U.S. Adults Believe Suicide is Preventable | 10/09/2024 |
5 | SciSparc Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com | 11/04/2024 |
About Scisparc Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Scisparc or other stocks. Alpha measures the amount that position in Scisparc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 413.63 | 110.21 | 83.45 | 44.85 | Receivables Turnover | 0.42 | 8.02 | 10.03 | 10.53 |
Scisparc Upcoming Company Events
As portrayed in its financial statements, the presentation of Scisparc's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Scisparc's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Scisparc's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Scisparc. Please utilize our Beneish M Score to check the likelihood of Scisparc's management manipulating its earnings.
| 6th of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Scisparc
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Scisparc Backtesting, Scisparc Valuation, Scisparc Correlation, Scisparc Hype Analysis, Scisparc Volatility, Scisparc History and analyze Scisparc Performance. For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Scisparc 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.