Sparx Technology Net Income vs. Market Capitalization
| SPRX Stock | 26.16 0.27 1.02% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -2 M | Current Value -2.1 M | Quarterly Volatility 1 M |
For Sparx Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sparx Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sparx Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sparx Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sparx Technology over time as well as its relative position and ranking within its peers.
Sparx |
Sparx Technology Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sparx Technology's current stock value. Our valuation model uses many indicators to compare Sparx Technology value to that of its competitors to determine the firm's financial worth. Sparx Technology is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in market capitalization category among its peers . Sparx Technology reported Net Loss of (2.01 Million) in 2023. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sparx Technology's earnings, one of the primary drivers of an investment's value.Sparx Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Sparx Technology |
| = | (1.75 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Sparx Technology |
| = | 365.51 K |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Sparx Market Capitalization vs Competition
Sparx Technology is currently regarded as top stock in market capitalization category among its peers. Market capitalization of Communication Services industry is at this time estimated at about 985.19 Million. Sparx Technology adds roughly 365,512 in market capitalization claiming only tiny portion of stocks in Communication Services industry.
Sparx Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sparx Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sparx Technology will eventually generate negative long term returns. The profitability progress is the general direction of Sparx Technology's change in net profit over the period of time. It can combine multiple indicators of Sparx Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Loss | -4 M | -4.2 M | |
| Net Interest Income | -64.6 K | -67.9 K | |
| Operating Income | -2 M | -2.1 M | |
| Net Loss | -2 M | -2.1 M | |
| Income Before Tax | -2 M | -2.1 M | |
| Total Other Income Expense Net | -41.8 K | -43.9 K | |
| Net Loss | -2 M | -2.1 M | |
| Change To Netincome | 3.4 M | 3.5 M |
Sparx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sparx Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sparx Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sparx Technology's important profitability drivers and their relationship over time.
Use Sparx Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sparx Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sparx Technology will appreciate offsetting losses from the drop in the long position's value.Sparx Technology Pair Trading
Sparx Technology Pair Trading Analysis
The ability to find closely correlated positions to Sparx Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparx Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sparx Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sparx Technology to buy it.
The correlation of Sparx Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sparx Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparx Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sparx Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sparx Technology position
In addition to having Sparx Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Data Storage Thematic Idea Now
Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
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Additional Tools for Sparx Stock Analysis
When running Sparx Technology's price analysis, check to measure Sparx Technology'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 Sparx Technology is operating at the current time. Most of Sparx Technology's value examination focuses on studying past and present price action to predict the probability of Sparx Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparx Technology's price. Additionally, you may evaluate how the addition of Sparx Technology to your portfolios can decrease your overall portfolio volatility.