Scisparc Stock Market Value
| SPRC Stock | USD 0.37 0.05 11.90% |
| Symbol | Scisparc |
Scisparc Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scisparc. If investors know Scisparc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scisparc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.27) | Revenue Per Share | Quarterly Revenue Growth (0.57) | Return On Assets | Return On Equity |
The market value of Scisparc is measured differently than its book value, which is the value of Scisparc that is recorded on the company's balance sheet. Investors also form their own opinion of Scisparc's value that differs from its market value or its book value, called intrinsic value, which is Scisparc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scisparc's market value can be influenced by many factors that don't directly affect Scisparc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scisparc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scisparc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scisparc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Scisparc '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 Scisparc's stock 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 Scisparc.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Scisparc on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Scisparc or generate 0.0% return on investment in Scisparc over 30 days. Scisparc is related to or competes with Virax Biolabs, ZyVersa Therapeutics, Unicycive Therapeutics, Quoin Pharmaceuticals, Cardio Diagnostics, Cadrenal Therapeutics,, and Hoth Therapeutics. SciSparc Ltd., a specialty clinical-stage pharmaceutical company, develops drugs based on cannabinoid molecules More
Scisparc 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 Scisparc's stock 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 Scisparc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.85 | |||
| Information Ratio | 0.1013 | |||
| Maximum Drawdown | 150.68 | |||
| Value At Risk | (14.81) | |||
| Potential Upside | 20.83 |
Scisparc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scisparc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scisparc's standard deviation. In reality, there are many statistical measures that can use Scisparc historical prices to predict the future Scisparc's volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | 2.24 | |||
| Total Risk Alpha | 2.43 | |||
| Sortino Ratio | 0.2281 | |||
| Treynor Ratio | 13.32 |
Scisparc Backtested Returns
Scisparc is out of control given 3 months investment horizon. Scisparc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.69% are justified by taking the suggested risk. Use Scisparc Coefficient Of Variation of 985.15, semi deviation of 8.14, and Risk Adjusted Performance of 0.0844 to evaluate company specific risk that cannot be diversified away. Scisparc holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Scisparc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scisparc is expected to be smaller as well. Use Scisparc sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Scisparc.
Auto-correlation | -0.26 |
Weak reverse predictability
Scisparc has weak reverse predictability. Overlapping area represents the amount of predictability between Scisparc time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Scisparc price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Scisparc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Scisparc lagged returns against current returns
Autocorrelation, which is Scisparc stock'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 Scisparc's stock expected returns. We can calculate the autocorrelation of Scisparc returns to help us make a trade decision. For example, suppose you find that Scisparc has exhibited high autocorrelation historically, and you observe that the stock 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 |
Scisparc 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 Scisparc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scisparc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scisparc stock over time.
Current vs Lagged Prices |
| Timeline |
Scisparc Lagged Returns
When evaluating Scisparc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scisparc stock have on its future price. Scisparc 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, Scisparc autocorrelation shows the relationship between Scisparc stock current value and its past values and can show if there is a momentum factor associated with investing in Scisparc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Scisparc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scisparc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scisparc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scisparc Stock:Check out Scisparc Correlation, Scisparc Volatility and Scisparc Alpha and Beta module to complement your research on Scisparc. For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Scisparc 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.