Spok Holdings Stock Statistic Functions Pearson Correlation Coefficient

SPOK Stock  USD 16.74  0.11  0.66%   
Spok Holdings statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Spok Holdings. Spok Holdings value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Spok Holdings statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was fifty-nine with a total number of output elements of two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Spok Holdings and its benchmark or peer.

Spok Holdings Technical Analysis Modules

Most technical analysis of Spok Holdings help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Spok from various momentum indicators to cycle indicators. When you analyze Spok charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Spok Holdings Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spok Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spok Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Spok Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spok Holdings's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Spok Holdings's intrinsic value. In addition to deriving basic predictive indicators for Spok Holdings, we also check how macroeconomic factors affect Spok Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.05540.160.0830.0936
Price To Sales Ratio1.271.22.222.33
Hype
Prediction
LowEstimatedHigh
15.3816.7418.10
Details
Intrinsic
Valuation
LowRealHigh
16.5217.8819.24
Details
Naive
Forecast
LowNextHigh
15.4716.8318.19
Details
1 Analysts
Consensus
LowTargetHigh
14.1115.5017.21
Details

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When determining whether Spok Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Spok Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spok Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Spok Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spok Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Spok Stock please use our How to buy in Spok Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Wireless Telecommunication Services 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 Spok Holdings. If investors know Spok 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 Spok Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
1.25
Earnings Share
0.71
Revenue Per Share
6.828
Quarterly Revenue Growth
(0.02)
The market value of Spok Holdings is measured differently than its book value, which is the value of Spok that is recorded on the company's balance sheet. Investors also form their own opinion of Spok Holdings' value that differs from its market value or its book value, called intrinsic value, which is Spok Holdings' 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 Spok Holdings' market value can be influenced by many factors that don't directly affect Spok Holdings' 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 Spok Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spok Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spok Holdings' 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.