Supercom Stock Market Value
| SPCB Stock | USD 11.54 0.01 0.09% |
| Symbol | Supercom |
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Supercom. If investors know Supercom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Supercom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Supercom is measured differently than its book value, which is the value of Supercom that is recorded on the company's balance sheet. Investors also form their own opinion of Supercom's value that differs from its market value or its book value, called intrinsic value, which is Supercom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Supercom's market value can be influenced by many factors that don't directly affect Supercom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Supercom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Supercom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Supercom'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.
Supercom '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 Supercom'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 Supercom.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Supercom on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Supercom or generate 0.0% return on investment in Supercom over 360 days. Supercom is related to or competes with Zedcor, SSC Security, Guardforce, Iveda Solutions, Bridger Aerospace, and Guardforce. SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions ... More
Supercom 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 Supercom'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 Supercom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.49 | |||
| Information Ratio | 0.2167 | |||
| Maximum Drawdown | 76.28 | |||
| Value At Risk | (10.42) | |||
| Potential Upside | 17.19 |
Supercom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Supercom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Supercom's standard deviation. In reality, there are many statistical measures that can use Supercom historical prices to predict the future Supercom's volatility.| Risk Adjusted Performance | 0.1963 | |||
| Jensen Alpha | 2.85 | |||
| Total Risk Alpha | 1.8 | |||
| Sortino Ratio | 0.3709 | |||
| Treynor Ratio | (38.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Supercom's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Supercom Backtested Returns
Supercom is unstable given 3 months investment horizon. Supercom owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22 % return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.86% are justified by taking the suggested risk. Use Supercom Risk Adjusted Performance of 0.1963, semi deviation of 5.66, and Coefficient Of Variation of 448.67 to evaluate company specific risk that cannot be diversified away. Supercom holds a performance score of 17 on a scale of zero to a hundred. The entity has a beta of -0.0737, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Supercom are expected to decrease at a much lower rate. During the bear market, Supercom is likely to outperform the market. Use Supercom expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Supercom.
Auto-correlation | -0.08 |
Very weak reverse predictability
Supercom has very weak reverse predictability. Overlapping area represents the amount of predictability between Supercom time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 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 Supercom price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Supercom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 8.97 |
Supercom lagged returns against current returns
Autocorrelation, which is Supercom 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 Supercom's stock expected returns. We can calculate the autocorrelation of Supercom returns to help us make a trade decision. For example, suppose you find that Supercom 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 |
Supercom 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 Supercom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Supercom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Supercom stock over time.
Current vs Lagged Prices |
| Timeline |
Supercom Lagged Returns
When evaluating Supercom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Supercom stock have on its future price. Supercom 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, Supercom autocorrelation shows the relationship between Supercom stock current value and its past values and can show if there is a momentum factor associated with investing in Supercom.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Supercom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Supercom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Supercom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Supercom Stock:Check out Supercom Correlation, Supercom Volatility and Supercom Alpha and Beta module to complement your research on Supercom. For information on how to trade Supercom Stock refer to our How to Trade Supercom Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Supercom technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.