SPAR Group (South Africa) Price on January 9, 2025
SPP Stock | 12,171 95.00 0.79% |
If you're considering investing in SPAR Stock, it is important to understand the factors that can impact its price. As of today, the current price of SPAR Group stands at 12,171, as last reported on the 21st of March, with the highest price reaching 12,220 and the lowest price hitting 12,043 during the day. SPAR Group retains Efficiency (Sharpe Ratio) of -0.22, which indicates the firm had a -0.22 % return per unit of risk over the last 3 months. SPAR Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPAR Group's standard deviation of 1.58, and Risk Adjusted Performance of (0.19) to confirm the risk estimate we provide.
SPAR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SPAR |
Sharpe Ratio = -0.2151
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Estimated Market Risk
1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPAR Group 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 SPAR Group by adding SPAR Group to a well-diversified portfolio.
SPAR Group Valuation on January 9, 2025
It is possible to determine the worth of SPAR Group on a given historical date. On January 9, 2025 SPAR was worth 14523.0 at the beginning of the trading date compared to the closed value of 14602.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPAR Group stock. Still, in general, we apply an absolute valuation method to find SPAR Group's 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 SPAR Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPAR Group's related companies.
Open | High | Low | Close | Volume | |
14,734 | 14,918 | 14,549 | 14,678 | 474,804 | |
01/09/2025 | 14,523 | 14,734 | 14,460 | 14,602 | 234,828 |
14,599 | 14,655 | 14,130 | 14,236 | 517,075 |
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SPAR Group Trading Date Momentum on January 9, 2025
On January 10 2025 SPAR Group was traded for 14,236 at the closing time. The highest price during the trading period was 14,655 and the lowest recorded bid was listed for 14,130 . The volume for the day was 517.1 K. This history from January 10, 2025 contributed to the next trading day price decline. The trading price change to the next closing price was 2.51% . The trading price change to the current price is 3.81% . |
SPAR Group Fundamentals Correlations and Trends
By evaluating SPAR Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SPAR Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPAR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPAR Group Stock history
SPAR Group 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 SPAR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPAR Group 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 SPAR Group stock prices may prove useful in developing a viable investing in SPAR Group
SPAR Group Stock Technical Analysis
SPAR Group 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
SPAR Group Period Price Range
Low | March 21, 2025
| High |
0.00 | 0.00 |
SPAR Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
SPAR Group March 21, 2025 Market Strength
Market strength indicators help investors to evaluate how SPAR Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPAR Group shares will generate the highest return on investment. By undertsting and applying SPAR Group stock market strength indicators, traders can identify SPAR Group entry and exit signals to maximize returns
SPAR Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPAR Group's price direction in advance. Along with the technical and fundamental analysis of SPAR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPAR 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 | (0.19) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 41.2 |
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Complementary Tools for SPAR Stock analysis
When running SPAR Group's price analysis, check to measure SPAR Group'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 SPAR Group is operating at the current time. Most of SPAR Group's value examination focuses on studying past and present price action to predict the probability of SPAR Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR Group's price. Additionally, you may evaluate how the addition of SPAR Group to your portfolios can decrease your overall portfolio volatility.
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