Silver Spike Investment Stock Market Value
| SSIC Stock | USD 11.37 0.04 0.35% |
| Symbol | Silver |
Is Silver Spike'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 Silver Spike. If investors know Silver 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 Silver Spike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Silver Spike Investment is measured differently than its book value, which is the value of Silver that is recorded on the company's balance sheet. Investors also form their own opinion of Silver Spike's value that differs from its market value or its book value, called intrinsic value, which is Silver Spike'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 Silver Spike's market value can be influenced by many factors that don't directly affect Silver Spike'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 Silver Spike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silver Spike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silver Spike'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.
Silver Spike '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 Silver Spike'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 Silver Spike.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Silver Spike on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Spike Investment or generate 0.0% return on investment in Silver Spike over 90 days. Silver Spike is related to or competes with Avicanna. Silver Spike Investment Corp., is a a business development company More
Silver Spike 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 Silver Spike'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 Silver Spike Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.1283 | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.26 |
Silver Spike Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Spike's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Spike's standard deviation. In reality, there are many statistical measures that can use Silver Spike historical prices to predict the future Silver Spike's volatility.| Risk Adjusted Performance | 0.1144 | |||
| Jensen Alpha | 0.2594 | |||
| Total Risk Alpha | 0.0808 | |||
| Sortino Ratio | 0.1377 | |||
| Treynor Ratio | (0.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Silver Spike's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Silver Spike Investment Backtested Returns
Silver Spike appears to be not too volatile, given 3 months investment horizon. Silver Spike Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Silver Spike Investment, which you can use to evaluate the volatility of the company. Please review Silver Spike's Coefficient Of Variation of 528.12, semi deviation of 0.9218, and Risk Adjusted Performance of 0.1144 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silver Spike holds a performance score of 14. The entity has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Silver Spike are expected to decrease at a much lower rate. During the bear market, Silver Spike is likely to outperform the market. Please check Silver Spike's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Silver Spike's existing price patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Silver Spike Investment has modest reverse predictability. Overlapping area represents the amount of predictability between Silver Spike time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Silver Spike Investment price movement. The serial correlation of -0.49 indicates that about 49.0% of current Silver Spike price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Silver Spike Investment lagged returns against current returns
Autocorrelation, which is Silver Spike 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 Silver Spike's stock expected returns. We can calculate the autocorrelation of Silver Spike returns to help us make a trade decision. For example, suppose you find that Silver Spike 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 |
Silver Spike 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 Silver Spike stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Spike stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver Spike stock over time.
Current vs Lagged Prices |
| Timeline |
Silver Spike Lagged Returns
When evaluating Silver Spike's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Spike stock have on its future price. Silver Spike 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, Silver Spike autocorrelation shows the relationship between Silver Spike stock current value and its past values and can show if there is a momentum factor associated with investing in Silver Spike Investment.
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 Silver Spike Investment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silver Spike'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 Silver Spike Investment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silver Spike Investment Stock:Check out Silver Spike Correlation, Silver Spike Volatility and Silver Spike Alpha and Beta module to complement your research on Silver Spike. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Silver Stock analysis
When running Silver Spike's price analysis, check to measure Silver Spike'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 Silver Spike is operating at the current time. Most of Silver Spike's value examination focuses on studying past and present price action to predict the probability of Silver Spike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Spike's price. Additionally, you may evaluate how the addition of Silver Spike to your portfolios can decrease your overall portfolio volatility.
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Silver Spike 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.