Spirent Communications (UK) Price on November 8, 2024
| SPT Stock | 175.80 3.80 2.21% |
If you're considering investing in Spirent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spirent Communications stands at 175.80, as last reported on the 10th of January, with the highest price reaching 176.40 and the lowest price hitting 171.00 during the day. At this point, Spirent Communications is very steady. Spirent Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0127, which indicates the firm had a 0.0127% return per unit of risk over the last 3 months. We have found thirty technical indicators for Spirent Communications plc, which you can use to evaluate the volatility of the company. Please validate Spirent Communications' Semi Deviation of 0.6534, coefficient of variation of 7855.35, and Risk Adjusted Performance of 0.0112 to confirm if the risk estimate we provide is consistent with the expected return of 0.0113%.
Spirent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spirent |
Sharpe Ratio = 0.0127
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPT |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Spirent Communications is performing at about 1% 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 Spirent Communications by adding it to a well-diversified portfolio.
Spirent Communications Valuation on November 8, 2024
It is possible to determine the worth of Spirent Communications on a given historical date. On November 8, 2024 Spirent was worth 171.3 at the beginning of the trading date compared to the closed value of 169.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirent Communications stock. Still, in general, we apply an absolute valuation method to find Spirent Communications' 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 Spirent Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirent Communications' related companies.
| Open | High | Low | Close | Volume | |
| 170.50 | 172.40 | 170.10 | 170.80 | 963,990 | |
11/08/2024 | 171.30 | 171.60 | 167.80 | 169.40 | 868,903 |
| 173.00 | 173.00 | 167.90 | 169.90 | 667,110 |
| Backtest Spirent Communications | | | Spirent Communications History | | | Spirent Communications Valuation | Previous | Next |
Spirent Communications Trading Date Momentum on November 8, 2024
| On November 11 2024 Spirent Communications plc was traded for 169.90 at the closing time. The highest price during the trading period was 173.00 and the lowest recorded bid was listed for 167.90 . The volume for the day was 667.1 K. This history from November 11, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.30% . The trading price change to the current price is 3.25% . |
Spirent Communications Fundamentals Correlations and Trends
By evaluating Spirent Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spirent Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spirent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spirent Communications Stock history
Spirent Communications 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 Spirent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirent Communications 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 Spirent Communications stock prices may prove useful in developing a viable investing in Spirent Communications
Spirent Communications Stock Technical Analysis
Spirent Communications 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
Spirent Communications Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Spirent Communications plc cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Spirent Communications January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Spirent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spirent Communications shares will generate the highest return on investment. By undertsting and applying Spirent Communications stock market strength indicators, traders can identify Spirent Communications plc entry and exit signals to maximize returns
Spirent Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spirent Communications' price direction in advance. Along with the technical and fundamental analysis of Spirent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spirent 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 | 0.0112 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0045 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Spirent Stock 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.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |