Spectral Ai Stock Price on May 12, 2024
MDAI Stock | 1.62 0.01 0.61% |
If you're considering investing in Spectral Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spectral stands at 1.62, as last reported on the 26th of May, with the highest price reaching 1.69 and the lowest price hitting 1.58 during the day. Spectral AI owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.025, which indicates the firm had a -0.025% return per unit of risk over the last 3 months. Spectral AI exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spectral's Coefficient Of Variation of (20,581), risk adjusted performance of 0.0062, and Variance of 38.34 to confirm the risk estimate we provide.
As of now, Spectral's Liabilities And Stockholders Equity is decreasing as compared to previous years. The Spectral's current Issuance Of Capital Stock is estimated to increase to about 4.8 M, while Common Stock is projected to decrease to 1,900. . The current Price To Sales Ratio is estimated to decrease to 1.82. The current Price Earnings Ratio is estimated to decrease to -1.74. Spectral Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectral |
Sharpe Ratio = -0.025
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Estimated Market Risk
6.16 actual daily | 54 54% of assets are less volatile |
Expected Return
-0.15 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 Spectral 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 Spectral by adding Spectral to a well-diversified portfolio.
Price Book 29.8826 | Enterprise Value Ebitda (3.41) | Price Sales 2.3408 | Shares Float 6.3 M | Earnings Share (1.21) |
Spectral Main Headline on 10th of May 2024
Acquisition by Sparks Jeremiah A. of 6084 shares of Spectral... by Sparks Jeremiah A.
Filed transaction by Spectral AI Officer: Chief Commerical Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Spectral Valuation on May 12, 2024
It is possible to determine the worth of Spectral on a given historical date. On May 12, 2024 Spectral was worth 1.73 at the beginning of the trading date compared to the closed value of 1.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectral stock. Still, in general, we apply an absolute valuation method to find Spectral'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 Spectral where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectral's related companies.
Open | High | Low | Close | Volume | |
1.72 | 1.72 | 1.64 | 1.68 | 109,530 | |
05/10/2024 | 1.73 | 1.83 | 1.61 | 1.71 | 406,211 |
1.70 | 1.73 | 1.66 | 1.66 | 166,073 |
Backtest Spectral | | | Spectral History | | | Spectral Valuation | Previous | Next |
Spectral Trading Date Momentum on May 12, 2024
On May 13 2024 Spectral AI was traded for 1.66 at the closing time. The top price for the day was 1.73 and the lowest listed price was 1.66 . The trading volume for the day was 166.1 K. The trading history from May 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.92% . The trading price change against the current closing price is 1.17% . |
Spectral AI Fundamentals Correlations and Trends
By evaluating Spectral'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 Spectral's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectral financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spectral Stock history
Spectral 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 Spectral is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectral AI 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 Spectral stock prices may prove useful in developing a viable investing in Spectral
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 14.1 M | 13.3 M | |
Net Loss | -2.6 M | -2.8 M |
Spectral Stock Technical Analysis
Spectral 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.
Price Boundaries
Spectral Period Price Range
Low | May 10, 2024
| High |
1.73 | 1.71 |
Spectral May 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Spectral stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spectral shares will generate the highest return on investment. By undertsting and applying Spectral stock market strength indicators, traders can identify Spectral AI entry and exit signals to maximize returns
Accumulation Distribution | 48834.11 | |||
Daily Balance Of Power | (0.09) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 1.72 | |||
Day Typical Price | 1.72 | |||
Price Action Indicator | (0.02) | |||
Period Momentum Indicator | (0.09) |
Spectral Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spectral's price direction in advance. Along with the technical and fundamental analysis of Spectral Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectral 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 | 0.0062 | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.07) |
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Spectral AI information on this page should be used as a complementary analysis to other Spectral's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Spectral Stock analysis
When running Spectral's price analysis, check to measure Spectral's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectral is operating at the current time. Most of Spectral's value examination focuses on studying past and present price action to predict the probability of Spectral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectral's price. Additionally, you may evaluate how the addition of Spectral to your portfolios can decrease your overall portfolio volatility.
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Is Spectral's industry 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 Spectral. If investors know Spectral 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 Spectral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.21) | Revenue Per Share 0.139 | Quarterly Revenue Growth (0.51) | Return On Assets (0.48) | Return On Equity (2.83) |
The market value of Spectral AI is measured differently than its book value, which is the value of Spectral that is recorded on the company's balance sheet. Investors also form their own opinion of Spectral's value that differs from its market value or its book value, called intrinsic value, which is Spectral'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 Spectral's market value can be influenced by many factors that don't directly affect Spectral'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 Spectral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectral'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.