Spectra7 Microsystems Stock Market Value
| SPVNF Stock | USD 0.07 0 6.57% |
| Symbol | Spectra7 |
Spectra7 Microsystems '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 Spectra7 Microsystems' otc 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 Spectra7 Microsystems.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Spectra7 Microsystems on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Spectra7 Microsystems or generate 0.0% return on investment in Spectra7 Microsystems over 30 days. Spectra7 Microsystems is related to or competes with Atomera, ASML Holding, Applied Materials, Aehr Test, AXT, Amtech Systems, and Axcelis Technologies. Spectra7 Microsystems Inc. operates as an analog semiconductor company in Canada and China More
Spectra7 Microsystems 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 Spectra7 Microsystems' otc 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 Spectra7 Microsystems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 72.24 | |||
| Value At Risk | (17.09) | |||
| Potential Upside | 22.4 |
Spectra7 Microsystems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectra7 Microsystems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spectra7 Microsystems' standard deviation. In reality, there are many statistical measures that can use Spectra7 Microsystems historical prices to predict the future Spectra7 Microsystems' volatility.| Risk Adjusted Performance | 0.0018 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.12) |
Spectra7 Microsystems Backtested Returns
Spectra7 Microsystems owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Spectra7 Microsystems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spectra7 Microsystems' Risk Adjusted Performance of 0.0018, variance of 153.7, and Coefficient Of Variation of (11,266) to confirm the risk estimate we provide. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Spectra7 Microsystems returns are very sensitive to returns on the market. As the market goes up or down, Spectra7 Microsystems is expected to follow. At this point, Spectra7 Microsystems has a negative expected return of -0.11%. Please make sure to validate Spectra7 Microsystems' maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Spectra7 Microsystems performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Spectra7 Microsystems has insignificant reverse predictability. Overlapping area represents the amount of predictability between Spectra7 Microsystems time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 Spectra7 Microsystems price movement. The serial correlation of -0.18 indicates that over 18.0% of current Spectra7 Microsystems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spectra7 Microsystems lagged returns against current returns
Autocorrelation, which is Spectra7 Microsystems otc 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 Spectra7 Microsystems' otc stock expected returns. We can calculate the autocorrelation of Spectra7 Microsystems returns to help us make a trade decision. For example, suppose you find that Spectra7 Microsystems has exhibited high autocorrelation historically, and you observe that the otc 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 |
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Spectra7 Microsystems 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 Spectra7 Microsystems otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spectra7 Microsystems otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spectra7 Microsystems otc stock over time.
Current vs Lagged Prices |
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Spectra7 Microsystems Lagged Returns
When evaluating Spectra7 Microsystems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spectra7 Microsystems otc stock have on its future price. Spectra7 Microsystems 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, Spectra7 Microsystems autocorrelation shows the relationship between Spectra7 Microsystems otc stock current value and its past values and can show if there is a momentum factor associated with investing in Spectra7 Microsystems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Spectra7 OTC Stock
Spectra7 Microsystems financial ratios help investors to determine whether Spectra7 OTC Stock 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 Spectra7 with respect to the benefits of owning Spectra7 Microsystems security.