Spotlite360 Technologies Stock Performance
| SPLTF Stock | USD 0.01 0.00 0.00% |
The entity has a beta of -30.63, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SpotLite360 Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, SpotLite360 Technologies is expected to outperform it. At this point, SpotLite360 Technologies has a negative expected return of -2.46%. Please make sure to validate SpotLite360 Technologies' jensen alpha and rate of daily change , to decide if SpotLite360 Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days SpotLite360 Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 352.2 K | |
| Free Cash Flow | -2.9 M |
SpotLite360 |
SpotLite360 Technologies Relative Risk vs. Return Landscape
If you would invest 20.00 in SpotLite360 Technologies on November 3, 2024 and sell it today you would lose (19.40) from holding SpotLite360 Technologies or give up 97.0% of portfolio value over 90 days. SpotLite360 Technologies is currently producing negative expected returns and takes up 13.1318% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than SpotLite360, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
SpotLite360 Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SpotLite360 Technologies' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as SpotLite360 Technologies, and traders can use it to determine the average amount a SpotLite360 Technologies' 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 = -0.1875
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| Negative Returns | SPLTF |
Estimated Market Risk
| 13.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SpotLite360 Technologies is not performing at its full potential. However, 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 SpotLite360 Technologies by adding SpotLite360 Technologies to a well-diversified portfolio.
SpotLite360 Technologies Fundamentals Growth
SpotLite360 Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of SpotLite360 Technologies, and SpotLite360 Technologies 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 SpotLite360 Pink Sheet performance.
| Return On Equity | -0.38 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | (0.29) % | |||
| Operating Margin | (0.12) % | |||
| Current Valuation | 9.77 M | |||
| Shares Outstanding | 115.42 M | |||
| Price To Book | 1.44 X | |||
| Price To Sales | 0.74 X | |||
| Revenue | 204.63 K | |||
| EBITDA | (3.59 M) | |||
| Cash And Equivalents | 1.37 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 196.57 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (2.44 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 7.75 M | |||
About SpotLite360 Technologies Performance
By analyzing SpotLite360 Technologies' fundamental ratios, stakeholders can gain valuable insights into SpotLite360 Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SpotLite360 Technologies 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 SpotLite360 Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Spotlite360 Technologies, Inc. operates as a software as a service company in Canada and the United States. The company was incorporated in 2014 and is headquartered in Vancouver, Canada. Spotlite360 Iot is traded on OTC Exchange in the United States.Things to note about SpotLite360 Technologies performance evaluation
Checking the ongoing alerts about SpotLite360 Technologies for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for SpotLite360 Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SpotLite360 Technologies generated a negative expected return over the last 90 days | |
| SpotLite360 Technologies has high historical volatility and very poor performance | |
| SpotLite360 Technologies has some characteristics of a very speculative penny stock | |
| SpotLite360 Technologies has accumulated 196.57 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. SpotLite360 Technologies has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist SpotLite360 Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, SpotLite360 Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SpotLite360 Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SpotLite360 to invest in growth at high rates of return. When we think about SpotLite360 Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 204.63 K. Net Loss for the year was (4.01 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SpotLite360 Technologies has accumulated about 1.37 M in cash with (2.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing SpotLite360 Technologies' 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 SpotLite360 Technologies' stock is overvalued or undervalued compared to its peers.
- Examining SpotLite360 Technologies' 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 SpotLite360 Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of SpotLite360 Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SpotLite360 Technologies' pink sheet. These opinions can provide insight into SpotLite360 Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SpotLite360 Pink Sheet analysis
When running SpotLite360 Technologies' price analysis, check to measure SpotLite360 Technologies' 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 SpotLite360 Technologies is operating at the current time. Most of SpotLite360 Technologies' value examination focuses on studying past and present price action to predict the probability of SpotLite360 Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpotLite360 Technologies' price. Additionally, you may evaluate how the addition of SpotLite360 Technologies to your portfolios can decrease your overall portfolio volatility.
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