Spark New Zealand Stock Market Value
| SPKKY Stock | USD 6.56 0.04 0.61% |
| Symbol | Spark |
Spark New '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 Spark New's pink sheet 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 Spark New.
| 11/30/2025 |
| 12/30/2025 |
If you would invest 0.00 in Spark New on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Spark New Zealand or generate 0.0% return on investment in Spark New over 30 days. Spark New is related to or competes with GMO Internet, Chorus, Proximus, Liberty Latin, Telecom Argentina, Türk Telekomünikasyon, and Helios Towers. Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zeala... More
Spark New 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 Spark New's pink sheet 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 Spark New Zealand upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.36 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.92 |
Spark New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spark New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spark New's standard deviation. In reality, there are many statistical measures that can use Spark New historical prices to predict the future Spark New's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.36) |
Spark New Zealand Backtested Returns
Spark New Zealand owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.042, which indicates the firm had a -0.042 % return per unit of risk over the last 3 months. Spark New Zealand exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spark New's Coefficient Of Variation of (1,761), risk adjusted performance of (0.04), and Variance of 1.27 to confirm the risk estimate we provide. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spark New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spark New is expected to be smaller as well. At this point, Spark New Zealand has a negative expected return of -0.0489%. Please make sure to validate Spark New's maximum drawdown, as well as the relationship between the daily balance of power and relative strength index , to decide if Spark New Zealand performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Spark New Zealand has poor predictability. Overlapping area represents the amount of predictability between Spark New time series from 30th of November 2025 to 15th of December 2025 and 15th of December 2025 to 30th of December 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 Spark New Zealand price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Spark New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spark New Zealand lagged returns against current returns
Autocorrelation, which is Spark New pink sheet'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 Spark New's pink sheet expected returns. We can calculate the autocorrelation of Spark New returns to help us make a trade decision. For example, suppose you find that Spark New has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Spark New 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 Spark New pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spark New pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spark New pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Spark New Lagged Returns
When evaluating Spark New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spark New pink sheet have on its future price. Spark New 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, Spark New autocorrelation shows the relationship between Spark New pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Spark New Zealand.
Regressed Prices |
| Timeline |
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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.Additional Tools for Spark Pink Sheet Analysis
When running Spark New's price analysis, check to measure Spark New'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 Spark New is operating at the current time. Most of Spark New's value examination focuses on studying past and present price action to predict the probability of Spark New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spark New's price. Additionally, you may evaluate how the addition of Spark New to your portfolios can decrease your overall portfolio volatility.