The entity has beta of 0.7876 which indicates as returns on market increase, Sprint returns are expected to increase less than the market. However during bear market, the loss on holding Sprint will be expected to be smaller as well. Even though it is essential to pay attention to Sprint
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Sprint Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Sprint
has expected return of -0.0726%. Please be advised to validate Sprint Information Ratio
and Downside Variance
to decide if Sprint
past performance will be repeated at some point in the near future.
Over the last 30 days Sprint Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. In defiance of relatively invariable forward-looking signals, Sprint is not utilizing all of its potentials. The prevalent stock price agitation, may contribute to short term losses for the management.
|Fifty Two Week Low||5.44|
|Target High Price||10.00|
|Fifty Two Week High||8.06|
|Target Low Price||4.50|