Spectacular Financial Statements From 2010 to 2025
| SPSO Stock | USD 0.0004 0.0002 100.00% |
Check Spectacular Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spectacular Solar's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spectacular financial statements analysis is a perfect complement when working with Spectacular Solar Valuation or Volatility modules.
Spectacular |
Spectacular Solar Company Shares Outstanding Analysis
Spectacular Solar's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Spectacular Solar Shares Outstanding | 68.27 M |
Most of Spectacular Solar's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spectacular Solar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Spectacular Solar has 68.27 M of shares currently outstending. This is 64.05% lower than that of the Technology sector and 12.97% higher than that of the Solar industry. The shares outstanding for all United States stocks is 88.06% higher than that of the company.
Spectacular Solar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spectacular Solar's current stock value. Our valuation model uses many indicators to compare Spectacular Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spectacular Solar competition to find correlations between indicators driving Spectacular Solar's intrinsic value. More Info.Spectacular Solar is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in number of employees category among its peers . The ratio of Shares Outstanding to Number Of Employees for Spectacular Solar is about 11,378,667 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Spectacular Solar by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spectacular Solar's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Spectacular Solar Financial Statements
Spectacular Solar investors utilize fundamental indicators, such as revenue or net income, to predict how Spectacular Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Spectacular Solar, Inc., through its subsidiaries, engages in solar system installation, investment fund management, and roofing contracting businesses. It designs and installs solar conversions for homeowners and business owners and provides new roof installation, roof repairs, and roof maintenance services. Spectacular Solar operates under Solar classification in the United States and is traded on OTC Exchange.
Pair Trading with Spectacular Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spectacular Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spectacular Solar will appreciate offsetting losses from the drop in the long position's value.Moving against Spectacular Pink Sheet
| 0.73 | XISHY | Xinyi Solar Holdings | PairCorr |
| 0.72 | SEDG | SolarEdge Technologies | PairCorr |
| 0.6 | XNYIF | Xinyi Solar Holdings | PairCorr |
| 0.46 | WSNAF | Wesana Health Holdings | PairCorr |
| 0.39 | GCPEF | GCL Poly Energy | PairCorr |
The ability to find closely correlated positions to Spectacular Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spectacular Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spectacular Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spectacular Solar to buy it.
The correlation of Spectacular Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spectacular Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spectacular Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spectacular Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Spectacular Pink Sheet
Spectacular Solar financial ratios help investors to determine whether Spectacular Pink Sheet 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 Spectacular with respect to the benefits of owning Spectacular Solar security.