Supercom Stock Market Value
SPCB Stock | USD 0.18 0.01 5.26% |
Symbol | Supercom |
Supercom Price To Book Ratio
Is Supercom'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 Supercom. If investors know Supercom 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 Supercom 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 2.104 | Earnings Share (0.99) | Revenue Per Share 4.242 | Quarterly Revenue Growth 0.082 | Return On Assets (0.04) |
The market value of Supercom is measured differently than its book value, which is the value of Supercom that is recorded on the company's balance sheet. Investors also form their own opinion of Supercom's value that differs from its market value or its book value, called intrinsic value, which is Supercom'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 Supercom's market value can be influenced by many factors that don't directly affect Supercom'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 Supercom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Supercom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Supercom'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.
Supercom '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 Supercom'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 Supercom.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Supercom on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Supercom or generate 0.0% return on investment in Supercom over 30 days. Supercom is related to or competes with Kimball Electronics, Ubiquiti Networks, Moving IMage, Markforged Holding, and AmpliTech. SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions ... More
Supercom 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 Supercom'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 Supercom upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.20) | |||
Maximum Drawdown | 40.4 | |||
Value At Risk | (7.14) | |||
Potential Upside | 6.25 |
Supercom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Supercom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Supercom's standard deviation. In reality, there are many statistical measures that can use Supercom historical prices to predict the future Supercom's volatility.Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (1.15) | |||
Total Risk Alpha | (2.29) | |||
Treynor Ratio | (0.93) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Supercom'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.
Supercom Backtested Returns
Supercom owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Supercom exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Supercom's Variance of 32.49, risk adjusted performance of (0.09), and Coefficient Of Variation of (565.83) to confirm the risk estimate we provide. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Supercom returns are very sensitive to returns on the market. As the market goes up or down, Supercom is expected to follow. Supercom has an expected return of -1.09%. Please make sure to validate Supercom potential upside and the relationship between the accumulation distribution and period momentum indicator , to decide if Supercom performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Supercom has insignificant reverse predictability. Overlapping area represents the amount of predictability between Supercom time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Supercom price movement. The serial correlation of -0.18 indicates that over 18.0% of current Supercom price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.18 | |
Spearman Rank Test | 0.58 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Supercom lagged returns against current returns
Autocorrelation, which is Supercom 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 Supercom's stock expected returns. We can calculate the autocorrelation of Supercom returns to help us make a trade decision. For example, suppose you find that Supercom 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 |
Supercom 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 Supercom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Supercom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Supercom stock over time.
Current vs Lagged Prices |
Timeline |
Supercom Lagged Returns
When evaluating Supercom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Supercom stock have on its future price. Supercom 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, Supercom autocorrelation shows the relationship between Supercom stock current value and its past values and can show if there is a momentum factor associated with investing in Supercom.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether Supercom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Supercom'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 Supercom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Supercom Stock:Check out Supercom Correlation, Supercom Volatility and Supercom Alpha and Beta module to complement your research on Supercom. For information on how to trade Supercom Stock refer to our How to Trade Supercom Stock guide.Note that the Supercom information on this page should be used as a complementary analysis to other Supercom'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Supercom Stock analysis
When running Supercom's price analysis, check to measure Supercom'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 Supercom is operating at the current time. Most of Supercom's value examination focuses on studying past and present price action to predict the probability of Supercom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supercom's price. Additionally, you may evaluate how the addition of Supercom to your portfolios can decrease your overall portfolio volatility.
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Supercom 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.