Spi Energy Co Stock Price on May 11, 2024
| SPI Stock | USD 0.61 0.03 4.69% |
Below is the normalized historical share price chart for SPI Energy Co extending back to January 08, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SPI Energy stands at 0.61, as last reported on the 24th of May, with the highest price reaching 0.66 and the lowest price hitting 0.58 during the day.
If you're considering investing in SPI Stock, it is important to understand the factors that can impact its price. We consider SPI Energy out of control. SPI Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0237, which indicates the firm had a 0.0237% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPI Energy Co, which you can use to evaluate the volatility of the company. Please validate SPI Energy's risk adjusted performance of 0.0167, and Coefficient Of Variation of 7517.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
As of now, SPI Energy's Issuance Of Capital Stock is increasing as compared to previous years. The SPI Energy's current Stock Based Compensation To Revenue is estimated to increase to 0.02, while Total Stockholder Equity is projected to decrease to under 10.4 M. . The current Price To Sales Ratio is estimated to decrease to 0.14. The current Price Earnings Ratio is estimated to decrease to -0.64. SPI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of January 2016 | 200 Day MA 0.7201 | 50 Day MA 0.5558 | Beta 0.768 |
SPI |
Sharpe Ratio = 0.0237
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| Cash | Small Risk | Average Risk | SPI | Huge Risk |
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Estimated Market Risk
| 5.06 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SPI Energy is performing at about 1% of its full potential. 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 SPI Energy by adding it to a well-diversified portfolio.
Price Book 1.4043 | Enterprise Value Ebitda (5.61) | Price Sales 0.0841 | Shares Float 22.9 M | Wall Street Target Price 1.25 |
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SPI Energy Valuation on May 11, 2024
It is possible to determine the worth of SPI Energy on a given historical date. On May 11, 2024 SPI was worth 0.51 at the beginning of the trading date compared to the closed value of 0.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPI Energy stock. Still, in general, we apply an absolute valuation method to find SPI Energy'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 SPI Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPI Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.50 | 0.53 | 0.50 | 0.52 | 33,402 | |
05/10/2024 | 0.51 | 0.52 | 0.50 | 0.52 | 27,352 |
| 0.51 | 0.54 | 0.51 | 0.52 | 101,808 |
| Backtest SPI Energy | | | SPI Energy History | | | SPI Energy Valuation | Previous | Next |
SPI Energy Trading Date Momentum on May 11, 2024
| On May 13 2024 SPI Energy Co was traded for 0.52 at the closing time. Highest SPI Energy's price during the trading hours was 0.54 and the lowest price during the day was 0.51 . The net volume was 101.8 K. The overall trading history on the 13th of May 2024 did not result in any price rise and fall. The trading price change to current price is 25.00% . |
SPI Energy Fundamentals Correlations and Trends
By evaluating SPI Energy'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 SPI Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPI Energy Stock history
SPI Energy 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 SPI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPI Energy 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 SPI Energy stock prices may prove useful in developing a viable investing in SPI Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.5 M | 32 M | |
| Net Loss | -38.4 M | -40.4 M |
SPI Energy Stock Technical Analysis
SPI Energy 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
SPI Energy Period Price Range
Low | May 10, 2024
| High |
0.51 | 0.52 |
SPI Energy May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how SPI Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPI Energy shares will generate the highest return on investment. By undertsting and applying SPI Energy stock market strength indicators, traders can identify SPI Energy Co entry and exit signals to maximize returns
SPI Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPI Energy's price direction in advance. Along with the technical and fundamental analysis of SPI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPI 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 | 0.0167 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0021 | |||
| Treynor Ratio | 0.0166 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for SPI Stock analysis
When running SPI Energy's price analysis, check to measure SPI Energy'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 SPI Energy is operating at the current time. Most of SPI Energy's value examination focuses on studying past and present price action to predict the probability of SPI Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPI Energy's price. Additionally, you may evaluate how the addition of SPI Energy to your portfolios can decrease your overall portfolio volatility.
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Is SPI Energy'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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.228 | Quarterly Revenue Growth 0.307 | Return On Assets (0.04) | Return On Equity (1.25) |
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.