Spectra Stock Performance
| SSA Stock | CAD 0.22 0.01 4.76% |
Spectra has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Spectra are expected to decrease at a much lower rate. During the bear market, Spectra is likely to outperform the market. Spectra right now has a risk of 2.68%. Please validate Spectra jensen alpha, as well as the relationship between the kurtosis and day typical price , to decide if Spectra will be following its existing price patterns.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Spectra are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Spectra may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Last Split Factor 1:5 | Last Split Date 2022-10-31 |
1 | Candela Sets Stock Repurchase Program News Features Dec 2000 - Photonics.com | 09/24/2024 |
| Begin Period Cash Flow | 1.1 M |
Spectra |
Spectra Relative Risk vs. Return Landscape
If you would invest 21.00 in Spectra on August 27, 2024 and sell it today you would earn a total of 1.00 from holding Spectra or generate 4.76% return on investment over 90 days. Spectra is currently producing 0.1092% returns and takes up 2.6825% volatility of returns over 90 trading days. Put another way, 23% of traded stocks are less volatile than Spectra, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spectra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectra's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spectra, and traders can use it to determine the average amount a Spectra's 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 = 0.0407
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Spectra is performing at about 3% 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 Spectra by adding it to a well-diversified portfolio.
Spectra Fundamentals Growth
Spectra Stock prices reflect investors' perceptions of the future prospects and financial health of Spectra, and Spectra 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 Spectra Stock performance.
| Return On Equity | 0.0885 | ||||
| Return On Asset | 0.0471 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 2.93 M | ||||
| Shares Outstanding | 13.95 M | ||||
| Price To Earning | 17.50 X | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 1.74 X | ||||
| Revenue | 2.08 M | ||||
| Gross Profit | 830.6 K | ||||
| EBITDA | 239.55 K | ||||
| Net Income | 284.64 K | ||||
| Cash And Equivalents | 1.12 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 346.13 K | ||||
| Debt To Equity | 0.09 % | ||||
| Book Value Per Share | 0.12 X | ||||
| Cash Flow From Operations | 286.72 K | ||||
| Earnings Per Share | 0.01 X | ||||
| Total Asset | 2.17 M | ||||
| Retained Earnings | (4.2 M) | ||||
About Spectra Performance
Evaluating Spectra's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Spectra 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 Spectra has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Spectra Products Inc. manufactures and markets bus and truck transportation safety equipment in Canada and the United States. Spectra Products Inc. was incorporated in 1994 and is based in Toronto, Canada. SPECTRA PRODUCTS operates under Auto Parts classification in Exotistan and is traded on Commodity Exchange.Things to note about Spectra performance evaluation
Checking the ongoing alerts about Spectra for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spectra help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spectra has some characteristics of a very speculative penny stock |
- Analyzing Spectra's 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 Spectra's stock is overvalued or undervalued compared to its peers.
- Examining Spectra's 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 Spectra's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spectra's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spectra's stock. These opinions can provide insight into Spectra's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Spectra Stock Analysis
When running Spectra's price analysis, check to measure Spectra'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 Spectra is operating at the current time. Most of Spectra's value examination focuses on studying past and present price action to predict the probability of Spectra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra's price. Additionally, you may evaluate how the addition of Spectra to your portfolios can decrease your overall portfolio volatility.