Spectrum Brands Holdings Stock Price on October 8, 2024
SPB Stock | USD 91.73 0.33 0.36% |
If you're considering investing in Spectrum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spectrum Brands stands at 91.73, as last reported on the 28th of November, with the highest price reaching 93.29 and the lowest price hitting 91.39 during the day. Spectrum Brands Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0183, which indicates the firm had a -0.0183% return per unit of risk over the last 3 months. Spectrum Brands Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spectrum Brands' Coefficient Of Variation of (5,454), variance of 2.02, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Spectrum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectrum |
Sharpe Ratio = -0.0183
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Estimated Market Risk
1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spectrum Brands 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 Spectrum Brands by adding Spectrum Brands to a well-diversified portfolio.
Related Headline
European Wax Headline on 8th of October 2024
Filed transaction by European Wax Center Officer: See Remarks. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Spectrum Brands Valuation on October 8, 2024
It is possible to determine the worth of Spectrum Brands on a given historical date. On October 8, 2024 Spectrum was worth 90.29 at the beginning of the trading date compared to the closed value of 90.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectrum Brands stock. Still, in general, we apply an absolute valuation method to find Spectrum Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Spectrum Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectrum Brands' related companies.
Open | High | Low | Close | Volume | |
92.25 | 92.25 | 89.56 | 90.00 | 368,000 | |
10/08/2024 | 90.29 | 90.69 | 89.01 | 90.02 | 239,300 |
90.02 | 91.19 | 89.35 | 89.38 | 176,000 |
Backtest Spectrum Brands | | | Spectrum Brands History | | | Spectrum Brands Valuation | Previous | Next |
Spectrum Brands Trading Date Momentum on October 8, 2024
On October 09 2024 Spectrum Brands Holdings was traded for 89.38 at the closing time. Highest Spectrum Brands's price during the trading hours was 91.19 and the lowest price during the day was 89.35 . The net volume was 176 K. The overall trading history on the 9th of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.71% . The trading price change to current price is 0.86% . |
Spectrum Brands Holdings Fundamentals Correlations and Trends
By evaluating Spectrum Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spectrum Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectrum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spectrum Brands Stock history
Spectrum Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Spectrum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectrum Brands Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Spectrum Brands stock prices may prove useful in developing a viable investing in Spectrum Brands
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. Spectrum Brands Holdings, Inc. was incorporated in 2009 and is headquartered in Middleton, Wisconsin. Spectrum Brands operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange.
Spectrum Brands Stock Technical Analysis
Spectrum Brands technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Spectrum Brands Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Spectrum Brands Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Spectrum Brands November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Spectrum Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spectrum Brands shares will generate the highest return on investment. By undertsting and applying Spectrum Brands stock market strength indicators, traders can identify Spectrum Brands Holdings entry and exit signals to maximize returns
Spectrum Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spectrum Brands' price direction in advance. Along with the technical and fundamental analysis of Spectrum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectrum to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.08) |
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Complementary Tools for Spectrum Stock analysis
When running Spectrum Brands' price analysis, check to measure Spectrum Brands' 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 Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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