Spi Energy Co Stock Alpha and Beta Analysis
| SPI Stock | USD 0.48 0 0.21% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SPI Energy Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in SPI Energy over a specified time horizon. Remember, high SPI Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SPI Energy's market risk premium analysis include:
Beta 3.28 | Alpha (0.37) | Risk 4.84 | Sharpe Ratio (0.05) | Expected Return (0.25) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
SPI |
SPI Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SPI Energy market risk premium is the additional return an investor will receive from holding SPI Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPI Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SPI Energy's performance over market.| α | -0.37 | β | 3.28 |
SPI Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SPI Energy's Buy-and-hold return. Our buy-and-hold chart shows how SPI Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SPI Energy Market Price Analysis
Market price analysis 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 understating and applying SPI Energy stock market price indicators, traders can identify SPI Energy position entry and exit signals to maximize returns.
SPI Energy Return and Market Media
The median price of SPI Energy for the period between Fri, Feb 2, 2024 and Thu, May 2, 2024 is 0.6 with a coefficient of variation of 9.09. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.59, and mean deviation of 0.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Kantata Ranks as 1 Supplier of Professional Services Automation for Second Consecutive Year in Annual SPI Research Benchmark Survey | 02/21/2024 |
2 | SPI Energy Stock Passes Below Two Hundred Day Moving Average of 0.75 - Defense World | 03/12/2024 |
3 | Microchip Technology Expands Its Serial SRAM Portfolio to Larger Densities and Increased Speeds | 03/28/2024 |
4 | SPI Energy Co., Ltd. Short Interest Update - Defense World | 04/15/2024 |
5 | SPI Energy announces receipt of Nasdaq non-compliance notice | 04/22/2024 |
About SPI Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SPI or other stocks. Alpha measures the amount that position in SPI Energy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.91 | 5.36 | 4.83 | 3.68 | Days Of Inventory On Hand | 56.04 | 64.9 | 74.63 | 68.01 |
SPI Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of SPI Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPI Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SPI Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SPI Energy. Please utilize our Beneish M Score to check the likelihood of SPI Energy's management manipulating its earnings.
| 12th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with SPI Energy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out SPI Energy Backtesting, SPI Energy Valuation, SPI Energy Correlation, SPI Energy Hype Analysis, SPI Energy Volatility, SPI Energy History and analyze SPI Energy Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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