Spacetalk's market value is the price at which a share of Spacetalk trades on a public exchange. It measures the collective expectations of Spacetalk investors about its performance. Spacetalk is trading at 0.083 as of the 17th of January 2025. This is a 1.19 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.083. With this module, you can estimate the performance of a buy and hold strategy of Spacetalk and determine expected loss or profit from investing in Spacetalk over a given investment horizon. Check out Spacetalk Correlation, Spacetalk Volatility and Spacetalk Alpha and Beta module to complement your research on Spacetalk.
Please note, there is a significant difference between Spacetalk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spacetalk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spacetalk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Spacetalk 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Spacetalk's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Spacetalk.
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12/18/2024
No Change 0.00
0.0
In 30 days
01/17/2025
0.00
If you would invest 0.00 in Spacetalk on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Spacetalk or generate 0.0% return on investment in Spacetalk over 30 days. Spacetalk is related to or competes with T-Mobile, China Mobile, Bank of America, ATT, ATT, Deutsche Telekom, and Deutsche Telekom. MGM Wireless Limited designs, develops, and commercializes smartphonewatch wearables devices for children and software f... More
Spacetalk Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Spacetalk's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Spacetalk upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spacetalk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spacetalk's standard deviation. In reality, there are many statistical measures that can use Spacetalk historical prices to predict the future Spacetalk's volatility.
Spacetalk appears to be out of control, given 3 months investment horizon. Spacetalk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0282, which indicates the firm had a 0.0282% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Spacetalk, which you can use to evaluate the volatility of the company. Please review Spacetalk's Coefficient Of Variation of 10488.83, semi deviation of 6.53, and Risk Adjusted Performance of 0.017 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spacetalk holds a performance score of 2. The entity has a beta of -0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Spacetalk are expected to decrease at a much lower rate. During the bear market, Spacetalk is likely to outperform the market. Please check Spacetalk's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Spacetalk's existing price patterns will revert.
Auto-correlation
-0.31
Poor reverse predictability
Spacetalk has poor reverse predictability. Overlapping area represents the amount of predictability between Spacetalk time series from 18th of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 17th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Spacetalk price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Spacetalk price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.31
Spearman Rank Test
-0.25
Residual Average
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Price Variance
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Spacetalk lagged returns against current returns
Autocorrelation, which is Spacetalk stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Spacetalk's stock expected returns. We can calculate the autocorrelation of Spacetalk returns to help us make a trade decision. For example, suppose you find that Spacetalk has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Spacetalk regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Spacetalk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spacetalk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spacetalk stock over time.
Current vs Lagged Prices
Timeline
Spacetalk Lagged Returns
When evaluating Spacetalk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spacetalk stock have on its future price. Spacetalk autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Spacetalk autocorrelation shows the relationship between Spacetalk stock current value and its past values and can show if there is a momentum factor associated with investing in Spacetalk.
Spacetalk financial ratios help investors to determine whether Spacetalk Stock 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 Spacetalk with respect to the benefits of owning Spacetalk security.