Sparta Commercial Services Stock Price on May 8, 2023
If you're considering investing in Sparta Pink Sheet, it is important to understand the factors that can impact its price. Sparta Commercial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0642, which indicates the firm had a -0.0642% return per unit of risk over the last 3 months. Sparta Commercial Services exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparta Commercial's Coefficient Of Variation of (1,556), variance of 56.22, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
Sparta Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparta |
Sharpe Ratio = -0.0642
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| Negative Returns | SRCO |
Estimated Market Risk
| 7.5 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sparta Commercial 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 Sparta Commercial by adding Sparta Commercial to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Sparta Commercial Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sparta Commercial Services cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Sparta Commercial December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparta Commercial pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparta Commercial shares will generate the highest return on investment. By undertsting and applying Sparta Commercial pink sheet market strength indicators, traders can identify Sparta Commercial Services entry and exit signals to maximize returns
Sparta Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparta Commercial's price direction in advance. Along with the technical and fundamental analysis of Sparta Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparta 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 | (0.04) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (1.68) | |||
| Treynor Ratio | (1.57) |
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Other Information on Investing in Sparta Pink Sheet
Sparta Commercial financial ratios help investors to determine whether Sparta Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparta with respect to the benefits of owning Sparta Commercial security.