Sphere 3d Corp Stock Buy Hold or Sell Recommendation
| ANY Stock | USD 1.09 0.07 6.86% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Sphere 3D Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Sphere 3D Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Sphere 3D Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Sphere 3D Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Sphere and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Sphere 3D Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sphere |
Execute Sphere 3D Buy or Sell Advice
The Sphere recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sphere 3D Corp. Macroaxis does not own or have any residual interests in Sphere 3D Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sphere 3D's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Sphere 3D Trading Alerts and Improvement Suggestions
| Sphere 3D Corp had very high historical volatility over the last 90 days | |
| Sphere 3D Corp has some characteristics of a very speculative penny stock | |
| Sphere 3D Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 21.91 M. Reported Net Loss for the year was (23.41 M) with profit before taxes, overhead, and interest of 7.36 M. | |
| Sphere 3D Corp has about 10.72 M in cash with (6.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Sphere 3D Corp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Gryphon Digital Mining secures 2.85 million in direct offering |
Sphere 3D Returns Distribution Density
The distribution of Sphere 3D's historical returns is an attempt to chart the uncertainty of Sphere 3D's future price movements. The chart of the probability distribution of Sphere 3D daily returns describes the distribution of returns around its average expected value. We use Sphere 3D Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sphere 3D returns is essential to provide solid investment advice for Sphere 3D.
| Mean Return | 0.43 | Value At Risk | -7.76 | Potential Upside | 11.46 | Standard Deviation | 7.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sphere 3D historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sphere Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Sphere 3D, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Sphere 3D Corp back and forth among themselves.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 2.9 K | Steward Partners Investment Advisory, Llc | 2024-09-30 | 571 | Planned Solutions, Inc. | 2024-09-30 | 428 | Royal Bank Of Canada | 2024-09-30 | 132 | Sandy Spring Bank | 2024-09-30 | 122 | Cornerstone Planning Group Llc | 2024-09-30 | 114 | Jpmorgan Chase & Co | 2024-09-30 | 48.0 | Tucker Asset Management Llc | 2024-06-30 | 35.0 | Ubs Group Ag | 2024-09-30 | 21.0 | Vanguard Group Inc | 2024-09-30 | 450 K | Myda Advisors Llc | 2024-09-30 | 200 K |
Sphere 3D Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 312K | 53.9M | (52.8M) | (957K) | (861.3K) | (818.2K) | |
| Free Cash Flow | (2.6M) | (130.8M) | (48.7M) | (8.1M) | (7.3M) | (7.7M) | |
| Other Non Cash Items | (329K) | 1.1M | 143.2M | 7.1M | 8.2M | 15.2M | |
| Net Income | (5.8M) | (17.3M) | (192.9M) | (23.4M) | (21.1M) | (22.1M) | |
| End Period Cash Flow | 461K | 54.4M | 1.5M | 586K | 673.9K | 640.2K | |
| Change To Inventory | 645K | 477K | 195K | 57K | 65.6K | 62.3K | |
| Investments | (2M) | (122.7M) | (22.0M) | 2.3M | 2.1M | 2.2M | |
| Net Borrowings | 408K | 914K | 1.5M | (1.1M) | (952.2K) | (904.6K) | |
| Depreciation | 971K | 5.7M | 28.3M | 6.2M | 7.1M | 6.4M | |
| Change To Netincome | 6.6M | 1.2M | (530K) | (1.6M) | (1.5M) | (1.4M) |
Sphere 3D Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sphere 3D or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sphere 3D's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sphere stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 7.19 | |
Ir | Information ratio | 0.06 |
Sphere 3D Volatility Alert
Sphere 3D Corp is displaying above-average volatility over the selected time horizon. Sphere 3D Corp is a potential penny stock. Although Sphere 3D may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Sphere 3D Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Sphere instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Sphere 3D Fundamentals Vs Peers
Comparing Sphere 3D's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sphere 3D's direct or indirect competition across all of the common fundamentals between Sphere 3D and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sphere 3D or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sphere 3D's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sphere 3D by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sphere 3D to competition |
| Fundamentals | Sphere 3D | Peer Average |
| Return On Equity | -0.35 | -0.31 |
| Return On Asset | -0.17 | -0.14 |
| Profit Margin | (0.70) % | (1.27) % |
| Operating Margin | (0.89) % | (5.51) % |
| Current Valuation | 28.29 M | 16.62 B |
| Shares Outstanding | 25.45 M | 571.82 M |
| Shares Owned By Insiders | 5.28 % | 10.09 % |
| Shares Owned By Institutions | 4.45 % | 39.21 % |
| Number Of Shares Shorted | 523.9 K | 4.71 M |
| Price To Earning | (0.10) X | 28.72 X |
| Price To Book | 0.77 X | 9.51 X |
| Price To Sales | 1.11 X | 11.42 X |
| Revenue | 21.91 M | 9.43 B |
| Gross Profit | 7.36 M | 27.38 B |
| EBITDA | (15.94 M) | 3.9 B |
| Net Income | (23.41 M) | 570.98 M |
| Cash And Equivalents | 10.72 M | 2.7 B |
| Cash Per Share | 0.16 X | 5.01 X |
| Total Debt | 5.35 M | 5.32 B |
| Debt To Equity | 0.69 % | 48.70 % |
| Current Ratio | 12.13 X | 2.16 X |
| Book Value Per Share | 1.73 X | 1.93 K |
| Cash Flow From Operations | (6.58 M) | 971.22 M |
| Short Ratio | 1.05 X | 4.00 X |
| Earnings Per Share | (0.76) X | 3.12 X |
| Price To Earnings To Growth | (0.02) X | 4.89 X |
| Target Price | 3.0 | |
| Number Of Employees | 3 | 18.84 K |
| Beta | 2.81 | -0.15 |
| Market Capitalization | 27.74 M | 19.03 B |
| Total Asset | 45.66 M | 29.47 B |
| Retained Earnings | (447.37 M) | 9.33 B |
| Working Capital | 8.16 M | 1.48 B |
Note: Disposition of 35000 shares by Patricia Trompeter of Sphere 3D at 1.21 subject to Rule 16b-3 [view details]
Sphere 3D Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sphere . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Sphere 3D Buy or Sell Advice
When is the right time to buy or sell Sphere 3D Corp? Buying financial instruments such as Sphere Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2024 | 2025 (projected) | Working Capital | 101.8K | 90.5K | Market Cap | 36.2M | 23.7M |
Use Investing Ideas to Build Portfolios
In addition to having Sphere 3D in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run SPAC Thematic Idea Now
SPAC
Entities that are involved in raising capital, merging with and acquiring companies, and investing in private equity through leveraged buyouts. The SPAC theme has 9 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize SPAC Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Sphere Stock Analysis
When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.