Spirent Communications (Germany) Price on November 21, 2024
BW8 Stock | EUR 2.06 0.02 0.98% |
If you're considering investing in Spirent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spirent Communications stands at 2.06, as last reported on the 23rd of November, with the highest price reaching 2.06 and the lowest price hitting 2.06 during the day. Spirent Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0113, which indicates the firm had a -0.0113% return per unit of risk over the last 3 months. Spirent Communications plc exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spirent Communications' Semi Deviation of 0.7131, coefficient of variation of 4928.62, and Risk Adjusted Performance of 0.0174 to confirm the risk estimate we provide.
Spirent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spirent |
Sharpe Ratio = -0.0113
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Estimated Market Risk
0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spirent Communications is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spirent Communications by adding Spirent Communications to a well-diversified portfolio.
Spirent Communications Valuation on November 21, 2024
It is possible to determine the worth of Spirent Communications on a given historical date. On November 21, 2024 Spirent was worth 2.06 at the beginning of the trading date compared to the closed value of 2.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirent Communications stock. Still, in general, we apply an absolute valuation method to find Spirent Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Spirent Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirent Communications' related companies.
Open | High | Low | Close | Volume | |
2.06 | 2.06 | 2.06 | 2.06 | 1.00 | |
11/21/2024 | 2.06 | 2.06 | 2.06 | 2.06 | 1.00 |
2.06 | 2.06 | 2.06 | 2.06 | 0.00 |
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Spirent Communications Trading Date Momentum on November 21, 2024
On November 23 2024 Spirent Communications plc was traded for 2.06 at the closing time. The highest daily price throughout the period was 2.06 and the lowest price was 2.06 . There was no trading activity during the period 0.0. Lack of trading volume on 11/23/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Spirent Communications Fundamentals Correlations and Trends
By evaluating Spirent Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spirent Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spirent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spirent Communications Stock history
Spirent Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Spirent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirent Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Spirent Communications stock prices may prove useful in developing a viable investing in Spirent Communications
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom. SPIRENT COMMUNIC operates under Telecom Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1429 people.
Spirent Communications Stock Technical Analysis
Spirent Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Spirent Communications Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Spirent Communications plc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Spirent Communications November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Spirent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spirent Communications shares will generate the highest return on investment. By undertsting and applying Spirent Communications stock market strength indicators, traders can identify Spirent Communications plc entry and exit signals to maximize returns
Spirent Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spirent Communications' price direction in advance. Along with the technical and fundamental analysis of Spirent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spirent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0174 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.08) | |||
Treynor Ratio | 0.0263 |
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Complementary Tools for Spirent Stock analysis
When running Spirent Communications' price analysis, check to measure Spirent Communications' 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 Spirent Communications is operating at the current time. Most of Spirent Communications' value examination focuses on studying past and present price action to predict the probability of Spirent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirent Communications' price. Additionally, you may evaluate how the addition of Spirent Communications to your portfolios can decrease your overall portfolio volatility.
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