Spot Coffee Stock Market Value
| SPP Stock | CAD 0.01 0.00 0.00% |
| Symbol | SPoT |
SPoT Coffee '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 SPoT Coffee'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 SPoT Coffee.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in SPoT Coffee on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding SPoT Coffee or generate 0.0% return on investment in SPoT Coffee over 30 days. SPoT Coffee is related to or competes with Apple, Berkshire Hathaway, Microsoft Corp, Alphabet, JPMorgan Chase, Amazon CDR, and NVIDIA CDR. SPoT Coffee Ltd. designs, builds, operates, and franchises community-oriented cafs in Canada and the United States More
SPoT Coffee 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 SPoT Coffee'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 SPoT Coffee upside and downside potential and time the market with a certain degree of confidence.
SPoT Coffee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPoT Coffee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPoT Coffee's standard deviation. In reality, there are many statistical measures that can use SPoT Coffee historical prices to predict the future SPoT Coffee's volatility.SPoT Coffee Backtested Returns
We have found three technical indicators for SPoT Coffee, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SPoT Coffee are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
SPoT Coffee has no correlation between past and present. Overlapping area represents the amount of predictability between SPoT Coffee time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPoT Coffee price movement. The serial correlation of 0.0 indicates that just 0.0% of current SPoT Coffee price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SPoT Coffee lagged returns against current returns
Autocorrelation, which is SPoT Coffee 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 SPoT Coffee's stock expected returns. We can calculate the autocorrelation of SPoT Coffee returns to help us make a trade decision. For example, suppose you find that SPoT Coffee 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 |
SPoT Coffee 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 SPoT Coffee stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPoT Coffee stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPoT Coffee stock over time.
Current vs Lagged Prices |
| Timeline |
SPoT Coffee Lagged Returns
When evaluating SPoT Coffee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPoT Coffee stock have on its future price. SPoT Coffee 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, SPoT Coffee autocorrelation shows the relationship between SPoT Coffee stock current value and its past values and can show if there is a momentum factor associated with investing in SPoT Coffee.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SPoT Stock Analysis
When running SPoT Coffee's price analysis, check to measure SPoT Coffee'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 SPoT Coffee is operating at the current time. Most of SPoT Coffee's value examination focuses on studying past and present price action to predict the probability of SPoT Coffee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPoT Coffee's price. Additionally, you may evaluate how the addition of SPoT Coffee to your portfolios can decrease your overall portfolio volatility.