Spruce Power exotic insider transaction detected
| SPRU Stock | 2.42 0.01 0.41% |
Slightly above 62% of Spruce Power's investor base is looking to short. The analysis of overall sentiment of trading Spruce Power Holding stock suggests that many investors are alarmed at this time. Spruce Power's investing sentiment can be driven by a variety of factors including economic data, Spruce Power's earnings reports, geopolitical events, and overall market trends.
Spruce |
Filed transaction by Spruce Power Holding Corp officer. Unconventional Insider trading
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Spruce Power Fundamental Analysis
We analyze Spruce Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spruce Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spruce Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Spruce Power is currently under evaluation in target price category among its peers.
Spruce Power Holding Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Spruce Power stock to make a market-neutral strategy. Peer analysis of Spruce Power could also be used in its relative valuation, which is a method of valuing Spruce Power by comparing valuation metrics with similar companies.
Peers
Spruce Power Related Equities
| JKS | JinkoSolar Holding | 6.38 | ||||
| CSIQ | Canadian Solar | 6.05 | ||||
| SEDG | SolarEdge Technologies | 1.41 | ||||
| MAXN | Maxeon Solar | 1.29 | ||||
| SOL | Emeren | 0.61 | ||||
| RUN | Sunrun | 0.24 | ||||
| NOVA | Sunnova Energy | 6.45 |
Additional Tools for Spruce Stock Analysis
When running Spruce Power's price analysis, check to measure Spruce Power'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 Spruce Power is operating at the current time. Most of Spruce Power's value examination focuses on studying past and present price action to predict the probability of Spruce Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Power's price. Additionally, you may evaluate how the addition of Spruce Power to your portfolios can decrease your overall portfolio volatility.