Spirent Communications (Germany) Performance
| BW8 Stock | EUR 2.06 0.06 3.00% |
Spirent Communications has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.0156, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spirent Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Spirent Communications is expected to be smaller as well. Spirent Communications right now has a risk of 2.36%. Please validate Spirent Communications downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Spirent Communications will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Spirent Communications plc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Spirent Communications is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 241.2 M | |
| Total Cashflows From Investing Activities | -60.2 M |
Spirent |
Spirent Communications Relative Risk vs. Return Landscape
If you would invest 200.00 in Spirent Communications plc on November 2, 2024 and sell it today you would earn a total of 6.00 from holding Spirent Communications plc or generate 3.0% return on investment over 90 days. Spirent Communications plc is currently producing 0.0779% returns and takes up 2.3647% volatility of returns over 90 trading days. Put another way, 21% of traded stocks are less volatile than Spirent, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spirent Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spirent Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spirent Communications plc, and traders can use it to determine the average amount a Spirent Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0329
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | BW8 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Spirent Communications is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spirent Communications by adding it to a well-diversified portfolio.
Spirent Communications Fundamentals Growth
Spirent Stock prices reflect investors' perceptions of the future prospects and financial health of Spirent Communications, and Spirent Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spirent Stock performance.
| Return On Equity | 0.22 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 1.76 B | |||
| Shares Outstanding | 611.74 M | |||
| Price To Earning | 18.74 X | |||
| Price To Book | 4.36 X | |||
| Price To Sales | 3.12 X | |||
| Revenue | 576 M | |||
| EBITDA | 130.1 M | |||
| Cash And Equivalents | 141.8 M | |||
| Cash Per Share | 0.23 X | |||
| Total Debt | 32.9 M | |||
| Debt To Equity | 9.30 % | |||
| Book Value Per Share | 0.75 X | |||
| Cash Flow From Operations | 102.9 M | |||
| Earnings Per Share | 0.15 X | |||
| Total Asset | 691.3 M | |||
About Spirent Communications Performance
By analyzing Spirent Communications' fundamental ratios, stakeholders can gain valuable insights into Spirent Communications' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Spirent Communications has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Spirent Communications has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom. SPIRENT COMMUNIC operates under Telecom Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1429 people.Things to note about Spirent Communications performance evaluation
Checking the ongoing alerts about Spirent Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spirent Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 99.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Spirent Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spirent Communications' stock is overvalued or undervalued compared to its peers.
- Examining Spirent Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spirent Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spirent Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spirent Communications' stock. These opinions can provide insight into Spirent Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Spirent Stock analysis
When running Spirent Communications' price analysis, check to measure Spirent Communications' 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 Spirent Communications is operating at the current time. Most of Spirent Communications' value examination focuses on studying past and present price action to predict the probability of Spirent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirent Communications' price. Additionally, you may evaluate how the addition of Spirent Communications to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |