Spinnova (Finland) Performance
| SPINN Stock | 0.87 0.01 1.14% |
The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Spinnova's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spinnova is expected to be smaller as well. At this point, Spinnova Oy has a negative expected return of -0.87%. Please make sure to validate Spinnova's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Spinnova Oy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Spinnova Oy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Stock's technical indicators remain fairly strong which may send shares a bit higher in December 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
| Begin Period Cash Flow | 8.1 M | |
| Total Cashflows From Investing Activities | -4.6 M |
Spinnova |
Spinnova Relative Risk vs. Return Landscape
If you would invest 156.00 in Spinnova Oy on August 31, 2024 and sell it today you would lose (69.00) from holding Spinnova Oy or give up 44.23% of portfolio value over 90 days. Spinnova Oy is generating negative expected returns and assumes 2.6601% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Spinnova, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Spinnova Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spinnova's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spinnova Oy, and traders can use it to determine the average amount a Spinnova's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.3278
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPINN |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.87 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.33 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spinnova 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 Spinnova by adding Spinnova to a well-diversified portfolio.
Spinnova Fundamentals Growth
Spinnova Stock prices reflect investors' perceptions of the future prospects and financial health of Spinnova, and Spinnova fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spinnova Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.05 | |||
| Profit Margin | (0.94) % | |||
| Operating Margin | (0.72) % | |||
| Current Valuation | 225.99 M | |||
| Shares Outstanding | 51.54 M | |||
| Price To Book | 3.02 X | |||
| Price To Sales | 22.82 X | |||
| Revenue | 6.06 M | |||
| EBITDA | (6.36 M) | |||
| Total Debt | 5.94 M | |||
| Book Value Per Share | 2.07 X | |||
| Cash Flow From Operations | (9.46 M) | |||
| Earnings Per Share | (0.36) X | |||
| Total Asset | 123.65 M | |||
About Spinnova Performance
By evaluating Spinnova's fundamental ratios, stakeholders can gain valuable insights into Spinnova's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Spinnova has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Spinnova has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Spinnova Oy performance evaluation
Checking the ongoing alerts about Spinnova for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spinnova Oy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spinnova Oy generated a negative expected return over the last 90 days | |
| Spinnova Oy has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 6.06 M. Net Loss for the year was (15.42 M) with profit before overhead, payroll, taxes, and interest of 1.04 M. | |
| Spinnova generates negative cash flow from operations | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Spinnova's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spinnova's stock is overvalued or undervalued compared to its peers.
- Examining Spinnova's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spinnova's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spinnova's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spinnova's stock. These opinions can provide insight into Spinnova's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Spinnova Stock analysis
When running Spinnova's price analysis, check to measure Spinnova'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 Spinnova is operating at the current time. Most of Spinnova's value examination focuses on studying past and present price action to predict the probability of Spinnova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spinnova's price. Additionally, you may evaluate how the addition of Spinnova to your portfolios can decrease your overall portfolio volatility.
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