Spirent Communications Plc Stock Technical Analysis
| SPNUF Stock | USD 2.24 0.00 0.00% |
As of the 7th of January, Spirent Communications has the Variance of 8.1, coefficient of variation of 8623.34, and Risk Adjusted Performance of 0.0166. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spirent Communications, as well as the relationship between them. Please validate Spirent Communications variance and skewness to decide if Spirent Communications is priced more or less accurately, providing market reflects its prevalent price of 2.24 per share. Please also confirm Spirent Communications plc jensen alpha, which is currently at 0.0081 to double-check the company can sustain itself at a future point.
Spirent Communications Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spirent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpirentSpirent |
Spirent Communications technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Spirent Communications Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Spirent Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Spirent Communications Trend Analysis
Use this graph to draw trend lines for Spirent Communications plc. You can use it to identify possible trend reversals for Spirent Communications as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Spirent Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Spirent Communications Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Spirent Communications plc applied against its price change over selected period. The best fit line has a slop of 0 , which means Spirent Communications plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Spirent Communications price change compared to its average price change.About Spirent Communications Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Spirent Communications plc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Spirent Communications plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spirent Communications price pattern first instead of the macroeconomic environment surrounding Spirent Communications. By analyzing Spirent Communications's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Spirent Communications's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Spirent Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
Spirent Communications January 7, 2025 Technical Indicators
Most technical analysis of Spirent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Spirent from various momentum indicators to cycle indicators. When you analyze Spirent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0166 | |||
| Market Risk Adjusted Performance | 0.029 | |||
| Mean Deviation | 0.7603 | |||
| Coefficient Of Variation | 8623.34 | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.1 | |||
| Information Ratio | 0.0037 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.019 | |||
| Maximum Drawdown | 30.27 | |||
| Potential Upside | 1.81 | |||
| Skewness | 0.7176 | |||
| Kurtosis | 24.71 |
Complementary Tools for Spirent Pink Sheet 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.
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