Spectral Ai Stock Price on January 4, 2024
| MDAI Stock | 1.92 0.46 31.51% |
If you're considering investing in Spectral Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spectral stands at 1.92, as last reported on the 1st of December, with the highest price reaching 2.35 and the lowest price hitting 1.41 during the day. Spectral appears to be dangerous, given 3 months investment horizon. Spectral AI owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0917, which indicates the firm had a 0.0917% return per unit of risk over the last 3 months. By inspecting Spectral's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please review Spectral's Semi Deviation of 5.8, coefficient of variation of 1124.79, and Risk Adjusted Performance of 0.077 to confirm if our risk estimates are consistent with your expectations.
As of now, Spectral's Liabilities And Stockholders Equity is increasing as compared to previous years. The Spectral's current Issuance Of Capital Stock is estimated to increase to about 4.8 M, while Total Stockholder Equity is forecasted to increase to (1.6 M). . The current Price To Sales Ratio is estimated to decrease to 1.82. The current Price Earnings Ratio is estimated to decrease to -1.74. Spectral Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectral |
Sharpe Ratio = 0.0917
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Estimated Market Risk
| 7.85 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Spectral is performing at about 7% of its full potential. 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 Spectral by adding it to a well-diversified portfolio.
Price Book 29.8826 | Enterprise Value Ebitda (3.41) | Price Sales 1.3738 | Shares Float 9.8 M | Wall Street Target Price 5.3333 |
Spectral Valuation on January 4, 2024
It is possible to determine the worth of Spectral on a given historical date. On January 4, 2024 Spectral was worth 2.89 at the beginning of the trading date compared to the closed value of 2.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectral stock. Still, in general, we apply an absolute valuation method to find Spectral's 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 Spectral where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectral's related companies.
| Open | High | Low | Close | Volume | |
| 2.87 | 2.98 | 2.72 | 2.89 | 700,200 | |
01/04/2024 | 2.89 | 2.89 | 2.55 | 2.81 | 163,400 |
| 2.73 | 3.43 | 2.71 | 3.07 | 505,100 |
| Backtest Spectral | | | Spectral History | | | Spectral Valuation | Previous | Next |
Spectral Trading Date Momentum on January 4, 2024
| On January 05 2024 Spectral AI was traded for 3.07 at the closing time. The top price for the day was 3.43 and the lowest listed price was 2.71 . The trading volume for the day was 505.1 K. The trading history from January 5, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 9.25% . The trading price change against the current closing price is 6.76% . |
Spectral AI Fundamentals Correlations and Trends
By evaluating Spectral's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spectral's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectral financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spectral Stock history
Spectral 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 Spectral is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectral AI 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 Spectral stock prices may prove useful in developing a viable investing in Spectral
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.1 M | 13.3 M | |
| Net Loss | -2.6 M | -2.8 M |
Spectral Stock Technical Analysis
Spectral 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
Spectral Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Spectral AI cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Spectral December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Spectral stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spectral shares will generate the highest return on investment. By undertsting and applying Spectral stock market strength indicators, traders can identify Spectral AI entry and exit signals to maximize returns
Spectral Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spectral's price direction in advance. Along with the technical and fundamental analysis of Spectral Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectral 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 | 0.077 | |||
| Jensen Alpha | 0.506 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.0926 | |||
| Treynor Ratio | 0.5033 |
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| Volume Indicators |
Complementary Tools for Spectral Stock analysis
When running Spectral's price analysis, check to measure Spectral'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 Spectral is operating at the current time. Most of Spectral's value examination focuses on studying past and present price action to predict the probability of Spectral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectral's price. Additionally, you may evaluate how the addition of Spectral to your portfolios can decrease your overall portfolio volatility.
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