Scisparc Stock Performance
| SPRC Stock | USD 0.24 0.01 4.00% |
The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Scisparc are expected to decrease at a much lower rate. During the bear market, Scisparc is likely to outperform the market. At this point, Scisparc has a negative expected return of -0.69%. Please make sure to validate Scisparc's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Scisparc 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 Scisparc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Last Split Factor 1:26 | Last Split Date 2023-09-28 |
1 | SciSparc extends additional loan of 1.85M to AutoMax | 09/11/2024 |
2 | SciSparc-Clearmind Medicine Collaboration Announces the Publication of an International Patent Application for Pioneering Ibogaine Combination Therapy | 09/16/2024 |
3 | SciSparc signs LOI to sell entire ownership in MitoCareX | 09/26/2024 |
4 | National Poll on Perceptions of Mental Health and Suicide Prevention Reveals Most U.S. Adults Believe Suicide is Preventable | 10/09/2024 |
5 | SciSparc Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com | 11/04/2024 |
| Begin Period Cash Flow | 3.6 M |
Scisparc |
Scisparc Relative Risk vs. Return Landscape
If you would invest 42.00 in Scisparc on August 28, 2024 and sell it today you would lose (18.00) from holding Scisparc or give up 42.86% of portfolio value over 90 days. Scisparc is currently does not generate positive expected returns and assumes 6.1311% risk (volatility on return distribution) over the 90 days horizon. In different words, 54% of stocks are less volatile than Scisparc, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Scisparc Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scisparc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Scisparc, and traders can use it to determine the average amount a Scisparc'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 = -0.1131
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPRC |
Estimated Market Risk
| 6.13 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scisparc 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 Scisparc by adding Scisparc to a well-diversified portfolio.
Scisparc Fundamentals Growth
Scisparc Stock prices reflect investors' perceptions of the future prospects and financial health of Scisparc, and Scisparc 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 Scisparc Stock performance.
| Return On Equity | -0.86 | ||||
| Return On Asset | -0.39 | ||||
| Operating Margin | (4.20) % | ||||
| Current Valuation | 13.53 K | ||||
| Shares Outstanding | 10.36 M | ||||
| Price To Book | 0.36 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 2.88 M | ||||
| Gross Profit | 1.02 M | ||||
| EBITDA | (5.28 M) | ||||
| Net Income | (5.12 M) | ||||
| Cash And Equivalents | 6.88 M | ||||
| Cash Per Share | 2.15 X | ||||
| Total Debt | 76 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.59 X | ||||
| Book Value Per Share | 1.93 X | ||||
| Cash Flow From Operations | (5.89 M) | ||||
| Earnings Per Share | (5.28) X | ||||
| Market Capitalization | 2.51 M | ||||
| Total Asset | 11.18 M | ||||
| Retained Earnings | (68.69 M) | ||||
| Working Capital | 4.87 M | ||||
About Scisparc Performance
By analyzing Scisparc's fundamental ratios, stakeholders can gain valuable insights into Scisparc's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Scisparc 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 Scisparc has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 396.53 | 416.36 | |
| Return On Tangible Assets | (0.64) | (0.67) | |
| Return On Capital Employed | (0.60) | (0.63) | |
| Return On Assets | (0.46) | (0.48) | |
| Return On Equity | (0.67) | (0.71) |
Things to note about Scisparc performance evaluation
Checking the ongoing alerts about Scisparc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scisparc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scisparc generated a negative expected return over the last 90 days | |
| Scisparc has high historical volatility and very poor performance | |
| Scisparc has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 2.88 M. Net Loss for the year was (5.12 M) with profit before overhead, payroll, taxes, and interest of 1.02 M. | |
| Scisparc currently holds about 6.88 M in cash with (5.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Scisparc has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: SciSparc Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com |
- Analyzing Scisparc'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 Scisparc's stock is overvalued or undervalued compared to its peers.
- Examining Scisparc'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 Scisparc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scisparc's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scisparc's stock. These opinions can provide insight into Scisparc's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Scisparc Stock analysis
When running Scisparc's price analysis, check to measure Scisparc'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 Scisparc is operating at the current time. Most of Scisparc's value examination focuses on studying past and present price action to predict the probability of Scisparc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scisparc's price. Additionally, you may evaluate how the addition of Scisparc to your portfolios can decrease your overall portfolio volatility.
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