Sparx Technology Stock Alpha and Beta Analysis
| SPRX Stock | 26.43 0.27 1.03% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sparx Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sparx Technology over a specified time horizon. Remember, high Sparx Technology'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 Sparx Technology's market risk premium analysis include:
Beta 0.1 | Alpha 0.24 | Risk 1.82 | Sharpe Ratio 0.16 | Expected Return 0.3 |
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.
Sparx |
Sparx Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sparx Technology market risk premium is the additional return an investor will receive from holding Sparx Technology 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 Sparx Technology. 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 Sparx Technology's performance over market.| α | 0.24 | β | 0.10 |
Sparx Technology 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 Sparx Technology's Buy-and-hold return. Our buy-and-hold chart shows how Sparx Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sparx Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Sparx Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparx Technology shares will generate the highest return on investment. By understating and applying Sparx Technology stock market price indicators, traders can identify Sparx Technology position entry and exit signals to maximize returns.
Sparx Technology Return and Market Media
The median price of Sparx Technology for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 23.5 with a coefficient of variation of 5.99. The daily time series for the period is distributed with a sample standard deviation of 1.39, arithmetic mean of 23.25, and mean deviation of 1.16. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Tech Stocks The best technology companies today - TradingView | 09/24/2024 |
2 | SPARX Group Invests in Innovative Telepresence System - TipRanks | 11/13/2024 |
About Sparx Technology 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 Sparx or other stocks. Alpha measures the amount that position in Sparx Technology 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sparx Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sparx Technology's short interest history, or implied volatility extrapolated from Sparx Technology options trading.
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Additional Tools for Sparx Stock Analysis
When running Sparx Technology's price analysis, check to measure Sparx Technology'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 Sparx Technology is operating at the current time. Most of Sparx Technology's value examination focuses on studying past and present price action to predict the probability of Sparx Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparx Technology's price. Additionally, you may evaluate how the addition of Sparx Technology to your portfolios can decrease your overall portfolio volatility.