Sparta Commercial Services Stock Price on November 1, 2024
SRCO Stock | USD 0.26 0.01 4.00% |
If you're considering investing in Sparta Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sparta Commercial stands at 0.26, as last reported on the 29th of November, with the highest price reaching 0.26 and the lowest price hitting 0.25 during the day. Sparta Commercial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0199, which indicates the firm had a -0.0199% return per unit of risk over the last 3 months. Sparta Commercial Services exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparta Commercial's Variance of 63.42, coefficient of variation of (2,249), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Sparta Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparta |
Sharpe Ratio = -0.0199
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Estimated Market Risk
8.07 actual daily | 71 71% of assets are less volatile |
Expected Return
-0.16 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 Sparta Commercial 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 Sparta Commercial by adding Sparta Commercial to a well-diversified portfolio.
Related Headline
Red Violet Headline on 1st of November 2024
Disposition of 4235 shares by Jeffrey Dell of Red Violet at ... by Jeffrey Dell
Filed transaction by Red Violet Officer: Chief Information Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Sparta Commercial Valuation on November 1, 2024
It is possible to determine the worth of Sparta Commercial on a given historical date. On November 1, 2024 Sparta was worth 0.33 at the beginning of the trading date compared to the closed value of 0.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparta Commercial pink sheet. Still, in general, we apply an absolute valuation method to find Sparta Commercial'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 Sparta Commercial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparta Commercial's related companies.
Open | High | Low | Close | Volume | |
0.31 | 0.33 | 0.31 | 0.33 | 2,000 | |
11/01/2024 | 0.33 | 0.33 | 0.33 | 0.33 | 500.00 |
0.32 | 0.32 | 0.32 | 0.32 | 8,342 |
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Sparta Commercial Trading Date Momentum on November 1, 2024
On November 04 2024 Sparta Commercial Services was traded for 0.32 at the closing time. The top price for the day was 0.32 and the lowest listed price was 0.32 . The trading volume for the day was 8.3 K. The trading history from November 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.03% . The trading price change against the current closing price is 12.12% . |
Sparta Commercial Fundamentals Correlations and Trends
By evaluating Sparta Commercial'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 Sparta Commercial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sparta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sparta Commercial Pink Sheet history
Sparta Commercial 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 Sparta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sparta Commercial 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 Sparta Commercial stock prices may prove useful in developing a viable investing in Sparta Commercial
Sparta Commercial Services, Inc., a technology company, develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. The company was incorporated in 1980 and is headquartered in New York, New York. Sparta Comm operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 5 people.
Sparta Commercial Pink Sheet Technical Analysis
Sparta Commercial 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.
Price Boundaries
Sparta Commercial Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sparta Commercial Services cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Sparta Commercial November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparta Commercial pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparta Commercial shares will generate the highest return on investment. By undertsting and applying Sparta Commercial pink sheet market strength indicators, traders can identify Sparta Commercial Services entry and exit signals to maximize returns
Sparta Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparta Commercial's price direction in advance. Along with the technical and fundamental analysis of Sparta Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparta 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 | (0.03) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (1.56) | |||
Treynor Ratio | 3.24 |
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Other Information on Investing in Sparta Pink Sheet
Sparta Commercial financial ratios help investors to determine whether Sparta Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparta with respect to the benefits of owning Sparta Commercial security.