Spectra Stock Buy Hold or Sell Recommendation
| SSA Stock | CAD 0.22 0.01 4.76% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Spectra is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spectra given historical horizon and risk tolerance towards Spectra. When Macroaxis issues a 'buy' or 'sell' recommendation for Spectra, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Spectra 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. Note, we conduct extensive research on individual companies such as Spectra and provide practical buy, sell, or hold advice based on investors' constraints. Spectra. 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.
Spectra |
Execute Spectra Buy or Sell Advice
The Spectra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spectra. Macroaxis does not own or have any residual interests in Spectra or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spectra's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Spectra Trading Alerts and Improvement Suggestions
| Spectra has some characteristics of a very speculative penny stock | |
| Latest headline from news.google.com: Methanex Declares Upsize and Pricing of Senior Unsecured Notes - Yahoo Finance |
Spectra Returns Distribution Density
The distribution of Spectra's historical returns is an attempt to chart the uncertainty of Spectra's future price movements. The chart of the probability distribution of Spectra daily returns describes the distribution of returns around its average expected value. We use Spectra price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spectra returns is essential to provide solid investment advice for Spectra.
| Mean Return | 0.10 | Value At Risk | 0.00 | Potential Upside | 4.76 | Standard Deviation | 2.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spectra 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.
Spectra Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (19.0K) | 27.2K | (21.4K) | (50.5K) | (71.9K) | (68.3K) | |
| Change In Cash | 7.9K | 439.0K | 307.7K | 195.5K | 161.3K | 122.2K | |
| Net Income | 758.2K | 355.5K | 262.5K | 90.1K | 284.6K | 233.5K | |
| Change To Netincome | 229.5K | 137.6K | 209.2K | 205.3K | 236.1K | 186.8K | |
| End Period Cash Flow | 130.8K | 569.8K | 877.5K | 1.1M | 1.2M | 1.3M | |
| Free Cash Flow | 570.3K | 520.9K | 434.7K | 321.7K | 286.7K | 331.7K | |
| Other Non Cash Items | 33.1K | 6.5K | 5.8K | 7.5K | 9.5K | 9.0K |
Spectra 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 Spectra or Automobile Components 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 Spectra'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 Spectra 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 | 0.05 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | -0.0081 |
Spectra Volatility Alert
Spectra exhibits very low volatility with skewness of 0.54 and kurtosis of 18.68. Spectra is a potential penny stock. Although Spectra 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 Spectra. 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 Spectra 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.Spectra Fundamentals Vs Peers
Comparing Spectra'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 Spectra's direct or indirect competition across all of the common fundamentals between Spectra and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spectra or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Spectra's fundamental indicators could also be used in its relative valuation, which is a method of valuing Spectra by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Spectra to competition |
| Fundamentals | Spectra | Peer Average |
| Return On Equity | 0.0885 | -0.31 |
| Return On Asset | 0.0471 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 1.86 M | 16.62 B |
| Shares Outstanding | 13.92 M | 571.82 M |
| Shares Owned By Insiders | 9.90 % | 10.09 % |
| Shares Owned By Institutions | 26.03 % | 39.21 % |
| Number Of Shares Shorted | 1.28 K | 4.71 M |
| Price To Earning | 17.50 X | 28.72 X |
| Price To Book | 1.69 X | 9.51 X |
| Price To Sales | 1.74 X | 11.42 X |
| Revenue | 2.08 M | 9.43 B |
| Gross Profit | 830.6 K | 27.38 B |
| EBITDA | 239.55 K | 3.9 B |
| Net Income | 284.64 K | 570.98 M |
| Cash And Equivalents | 1.12 M | 2.7 B |
| Cash Per Share | 0.07 X | 5.01 X |
| Total Debt | 346.13 K | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 14.47 X | 2.16 X |
| Book Value Per Share | 0.12 X | 1.93 K |
| Cash Flow From Operations | 286.72 K | 971.22 M |
| Short Ratio | 0.61 X | 4.00 X |
| Earnings Per Share | 0.02 X | 3.12 X |
| Beta | -0.038 | -0.15 |
| Market Capitalization | 3.06 M | 19.03 B |
| Total Asset | 2.17 M | 29.47 B |
| Retained Earnings | (4.2 M) | 9.33 B |
| Working Capital | 1.74 M | 1.48 B |
| Net Asset | 2.17 M |
Spectra Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spectra . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 0.22 | |||
| Day Typical Price | 0.22 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Spectra Buy or Sell Advice
When is the right time to buy or sell Spectra? Buying financial instruments such as Spectra 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.
Use Investing Ideas to Build Portfolios
In addition to having Spectra 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 Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 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 Consumer Goods Theme or any other thematic opportunities.
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Additional Tools for Spectra Stock Analysis
When running Spectra's price analysis, check to measure Spectra'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 Spectra is operating at the current time. Most of Spectra's value examination focuses on studying past and present price action to predict the probability of Spectra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra's price. Additionally, you may evaluate how the addition of Spectra to your portfolios can decrease your overall portfolio volatility.