Springs Global (Brazil) Today

SGPS3 Stock  BRL 0.88  0.01  1.12%   

Performance

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Odds Of Distress

Less than 45

 
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Below Average
Springs Global is selling for under 0.88 as of the 19th of March 2024; that is -1.12 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.87. Springs Global has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Springs Global Participaes are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 19th of March 2024. Click here to learn more.
Springs Global Participaes S.A., through its subsidiaries, manufactures and sells home textile products primarily in Brazil, the United States, Argentina, and Canada. Springs Global Participaes S.A. is a subsidiary of Companhia de Tecidos Norte de Minas. The company has 50 M outstanding shares. More on Springs Global Participaes

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Follow Valuation Odds of Bankruptcy
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Springs Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Springs Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Springs Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJosue Silva
Business ConcentrationConsumer Discretionary, Household Durables, Textile Manufacturing, Consumer Cyclical (View all Sectors)
Springs Global Participaes (SGPS3) is traded on Sao Paulo Exchange in Brazil and employs 9,151 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Springs Global's market, we take the total number of its shares issued and multiply it by Springs Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Springs Global Parti operates under Household Durables sector and is part of Consumer Discretionary industry. The entity has 50 M outstanding shares. Springs Global Participaes has accumulated about 130.58 M in cash with 125.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Springs Global Probability Of Bankruptcy
Ownership Allocation
Springs Global maintains a total of 50 Million outstanding shares. Springs Global Parti maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Springs Ownership Details

Springs Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Springs Global jumping above the current price in 90 days from now is over 95.22%. The Springs Global Participaes probability density function shows the probability of Springs Global stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Springs Global Participaes has a beta of -0.109. This usually implies as returns on benchmark increase, returns on holding Springs Global are expected to decrease at a much lower rate. During the bear market, however, Springs Global Participaes is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Springs Global Parti is significantly underperforming NYSE Composite.
  Odds Below 0.88HorizonTargetOdds Above 0.88
4.75%90 days
 0.88 
95.22%
Based on a normal probability distribution, the odds of Springs Global to move above the current price in 90 days from now is over 95.22 (This Springs Global Participaes probability density function shows the probability of Springs Stock to fall within a particular range of prices over 90 days) .

Springs Global Parti Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Springs Global market risk premium is the additional return an investor will receive from holding Springs Global 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 Springs Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Springs Global's alpha and beta are two of the key measurements used to evaluate Springs Global's performance over the market, the standard measures of volatility play an important role as well.

Springs Stock Against Markets

Picking the right benchmark for Springs Global stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Springs Global stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Springs Global is critical whether you are bullish or bearish towards Springs Global Participaes at a given time. Please also check how Springs Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Springs Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Springs Global Corporate Directors

Springs Global corporate directors refer to members of a Springs Global board of directors. The board of directors generally takes responsibility for the Springs Global's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Springs Global's board members must vote for the resolution. The Springs Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gustavo KawassakiDirector of Investor Relations and Executive DirectorProfile
Luiz ValverdeMember of the Executive Board, Director of Investor RelationsProfile
Pedro MirandaIndependent DirectorProfile
Jorge KalacheIndependent DirectorProfile

How to buy Springs Stock?

Before investing in Springs Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Springs Global. To buy Springs Global stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Springs Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Springs Global stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Springs Global Participaes stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Springs Global Participaes stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Springs Global Participaes, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Springs Global Participaes?

The danger of trading Springs Global Participaes is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Springs Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Springs Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Springs Global Parti is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Springs Global Participaes. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Springs Global Parti information on this page should be used as a complementary analysis to other Springs Global'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Springs Stock analysis

When running Springs Global's price analysis, check to measure Springs Global'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 Springs Global is operating at the current time. Most of Springs Global's value examination focuses on studying past and present price action to predict the probability of Springs Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Springs Global's price. Additionally, you may evaluate how the addition of Springs Global to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Springs Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Springs Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Springs Global'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.