Spectrumdna Stock Market Value
| SPXA Stock | USD 0.01 0.00 0.00% |
| Symbol | SpectrumDNA |
SpectrumDNA Price To Book Ratio
Is Software - Application 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 SpectrumDNA. If investors know SpectrumDNA 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 SpectrumDNA 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 SpectrumDNA is measured differently than its book value, which is the value of SpectrumDNA that is recorded on the company's balance sheet. Investors also form their own opinion of SpectrumDNA's value that differs from its market value or its book value, called intrinsic value, which is SpectrumDNA'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 SpectrumDNA's market value can be influenced by many factors that don't directly affect SpectrumDNA'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 SpectrumDNA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpectrumDNA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpectrumDNA'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.
SpectrumDNA '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 SpectrumDNA'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 SpectrumDNA.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in SpectrumDNA on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding SpectrumDNA or generate 0.0% return on investment in SpectrumDNA over 360 days. Spectrum DNA, Inc. operates a social media studio that creates digital networked applications, which are engines of enga... More
SpectrumDNA 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 SpectrumDNA'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 SpectrumDNA upside and downside potential and time the market with a certain degree of confidence.
SpectrumDNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SpectrumDNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SpectrumDNA's standard deviation. In reality, there are many statistical measures that can use SpectrumDNA historical prices to predict the future SpectrumDNA's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SpectrumDNA'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.
SpectrumDNA Backtested Returns
We have found three technical indicators for SpectrumDNA, 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 SpectrumDNA are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
SpectrumDNA has no correlation between past and present. Overlapping area represents the amount of predictability between SpectrumDNA time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SpectrumDNA price movement. The serial correlation of 0.0 indicates that just 0.0% of current SpectrumDNA 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 |
SpectrumDNA lagged returns against current returns
Autocorrelation, which is SpectrumDNA 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 SpectrumDNA's stock expected returns. We can calculate the autocorrelation of SpectrumDNA returns to help us make a trade decision. For example, suppose you find that SpectrumDNA 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 |
SpectrumDNA 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 SpectrumDNA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SpectrumDNA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SpectrumDNA stock over time.
Current vs Lagged Prices |
| Timeline |
SpectrumDNA Lagged Returns
When evaluating SpectrumDNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SpectrumDNA stock have on its future price. SpectrumDNA 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, SpectrumDNA autocorrelation shows the relationship between SpectrumDNA stock current value and its past values and can show if there is a momentum factor associated with investing in SpectrumDNA.
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 SpectrumDNA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SpectrumDNA'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 Spectrumdna Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spectrumdna Stock:Check out SpectrumDNA Correlation, SpectrumDNA Volatility and SpectrumDNA Alpha and Beta module to complement your research on SpectrumDNA. For information on how to trade SpectrumDNA Stock refer to our How to Trade SpectrumDNA Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
SpectrumDNA 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.