Sphere 3d Corp Stock Alpha and Beta Analysis
| ANY Stock | USD 0.87 0 0.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sphere 3D Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sphere 3D over a specified time horizon. Remember, high Sphere 3D'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 Sphere 3D's market risk premium analysis include:
Beta (0.31) | Alpha (0.04) | Risk 7.32 | Sharpe Ratio (0.01) | Expected Return (0.04) |
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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.
Sphere |
Sphere 3D Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sphere 3D market risk premium is the additional return an investor will receive from holding Sphere 3D 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 Sphere 3D. 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 Sphere 3D's performance over market.| α | -0.04 | β | -0.31 |
Sphere 3D 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 Sphere 3D's Buy-and-hold return. Our buy-and-hold chart shows how Sphere 3D performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sphere 3D Market Price Analysis
Market price analysis indicators help investors to evaluate how Sphere 3D stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sphere 3D shares will generate the highest return on investment. By understating and applying Sphere 3D stock market price indicators, traders can identify Sphere 3D position entry and exit signals to maximize returns.
Sphere 3D Return and Market Media
The median price of Sphere 3D for the period between Sun, Nov 3, 2024 and Sat, Feb 1, 2025 is 1.09 with a coefficient of variation of 17.54. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 1.18, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Sphere 3D Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com | 11/14/2024 |
2 | Disposition of 150000 shares by Patricia Trompeter of Sphere 3D at 1.143 subject to Rule 16b-3 | 11/18/2024 |
3 | Sphere 3D Third Quarter 2024 Earnings EPS US0.005 | 11/19/2024 |
4 | Disposition of 57471 shares by Harnett Sue of Sphere 3D subject to Rule 16b-3 | 12/05/2024 |
5 | Disposition of 11719 shares by Kurt Kalbfleisch of Sphere 3D subject to Rule 16b-3 | 12/10/2024 |
6 | Disposition of 20000 shares by Patricia Trompeter of Sphere 3D at 1.3 subject to Rule 16b-3 | 12/11/2024 |
7 | Disposition of 10000 shares by Patricia Trompeter of Sphere 3D at 1.27 subject to Rule 16b-3 | 12/12/2024 |
8 | Disposition of 35000 shares by Patricia Trompeter of Sphere 3D at 1.21 subject to Rule 16b-3 | 12/13/2024 |
9 | Gryphon Digital Mining secures 2.85 million in direct offering | 01/14/2025 |
About Sphere 3D 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 Sphere or other stocks. Alpha measures the amount that position in Sphere 3D Corp 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.
| 2024 | 2025 (projected) | Dividend Yield | 0.002122 | 0.001886 | Price To Sales Ratio | 2.11 | 2.01 |
Sphere 3D Upcoming Company Events
As portrayed in its financial statements, the presentation of Sphere 3D's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sphere 3D's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sphere 3D's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sphere 3D. Please utilize our Beneish M Score to check the likelihood of Sphere 3D's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Sphere 3D
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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.