Spo Global Stock Market Value
| SPOM Stock | USD 0.0005 0.0001 16.67% |
| Symbol | SPO |
SPO Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SPO Global's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SPO Global.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in SPO Global on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding SPO Global or generate 0.0% return on investment in SPO Global over 90 days. SPO Global is related to or competes with Global Tech, NN, and 1847 Holdings. Gerpang Healthcare Group operates as a bio-pharmaceutical company that manufactures and sells genetic coating stents, HB... More
SPO Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SPO Global's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SPO Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 63.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 18.75 |
SPO Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPO Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPO Global's standard deviation. In reality, there are many statistical measures that can use SPO Global historical prices to predict the future SPO Global's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | 0.7885 | |||
| Treynor Ratio | (0.55) |
SPO Global Backtested Returns
SPO Global owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17 % return per unit of standard deviation over the last 3 months. SPO Global exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPO Global's risk adjusted performance of (0.06), and Variance of 122.4 to confirm the risk estimate we provide. The entity has a beta of 1.76, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPO Global will likely underperform. At this point, SPO Global has a negative expected return of -1.63%. Please make sure to validate SPO Global's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if SPO Global performance from the past will be repeated at some future point.
Auto-correlation | 0.68 |
Good predictability
SPO Global has good predictability. Overlapping area represents the amount of predictability between SPO Global time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPO Global price movement. The serial correlation of 0.68 indicates that around 68.0% of current SPO Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SPO Global lagged returns against current returns
Autocorrelation, which is SPO Global pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SPO Global's pink sheet expected returns. We can calculate the autocorrelation of SPO Global returns to help us make a trade decision. For example, suppose you find that SPO Global has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SPO Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SPO Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPO Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPO Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SPO Global Lagged Returns
When evaluating SPO Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPO Global pink sheet have on its future price. SPO Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SPO Global autocorrelation shows the relationship between SPO Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SPO Global.
Regressed Prices |
| Timeline |
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SPO Global financial ratios help investors to determine whether SPO 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 SPO with respect to the benefits of owning SPO Global security.