Sparx Technology Stock Performance
| SPRX Stock | 25.92 0.42 1.59% |
On a scale of 0 to 100, Sparx Technology holds a performance score of 16. The entity has a beta of 1.56, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sparx Technology will likely underperform. Please check Sparx Technology's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Sparx Technology's existing price patterns will revert.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Sparx Technology are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Sparx Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Tech Stocks The best technology companies today - TradingView | 09/24/2024 |
2 | SPARX Group Invests in Innovative Telepresence System - TipRanks | 11/13/2024 |
| Begin Period Cash Flow | 935.8 K | |
| Free Cash Flow | -1.3 M |
Sparx |
Sparx Technology Relative Risk vs. Return Landscape
If you would invest 2,115 in Sparx Technology on August 31, 2024 and sell it today you would earn a total of 477.00 from holding Sparx Technology or generate 22.55% return on investment over 90 days. Sparx Technology is generating 0.3366% of daily returns assuming 1.651% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Sparx Technology, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sparx Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sparx Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sparx Technology, and traders can use it to determine the average amount a Sparx Technology'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 = 0.2039
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SPRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Sparx Technology is performing at about 16% 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 Sparx Technology by adding it to a well-diversified portfolio.
Sparx Technology Fundamentals Growth
Sparx Stock prices reflect investors' perceptions of the future prospects and financial health of Sparx Technology, and Sparx Technology 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 Sparx Stock performance.
| Return On Equity | -17.47 | ||||
| Return On Asset | -2.57 | ||||
| Profit Margin | (2.26) % | ||||
| Operating Margin | (1.65) % | ||||
| Current Valuation | 1.02 M | ||||
| Shares Outstanding | 73.1 M | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 628.05 K | ||||
| EBITDA | (941.36 K) | ||||
| Net Income | (1.75 M) | ||||
| Total Debt | 120 K | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | (1.31 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 119.64 K | ||||
| Retained Earnings | (24.12 M) | ||||
About Sparx Technology Performance
Evaluating Sparx Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sparx Technology 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 Sparx Technology 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.
Sparx Technology is entity of Canada. It is traded as Stock on V exchange.Things to note about Sparx Technology performance evaluation
Checking the ongoing alerts about Sparx Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sparx Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 628.05 K. Net Loss for the year was (1.75 M) with profit before overhead, payroll, taxes, and interest of 4.67 K. | |
| Sparx Technology generates negative cash flow from operations | |
| About 64.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: SPARX Group Invests in Innovative Telepresence System - TipRanks |
- Analyzing Sparx Technology'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 Sparx Technology's stock is overvalued or undervalued compared to its peers.
- Examining Sparx Technology'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 Sparx Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sparx Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sparx Technology's stock. These opinions can provide insight into Sparx Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sparx Stock Analysis
When running Sparx Technology's price analysis, check to measure Sparx Technology'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 Sparx Technology is operating at the current time. Most of Sparx Technology's value examination focuses on studying past and present price action to predict the probability of Sparx Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparx Technology's price. Additionally, you may evaluate how the addition of Sparx Technology to your portfolios can decrease your overall portfolio volatility.