Springs Global (Brazil) Performance
| SGPS3 Stock | BRL 0.82 0.05 6.49% |
The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Springs Global returns are very sensitive to returns on the market. As the market goes up or down, Springs Global is expected to follow. Springs Global Parti has an expected return of -0.56%. Please make sure to validate Springs Global potential upside, daily balance of power, price action indicator, as well as the relationship between the kurtosis and day median price , to decide if Springs Global Parti performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Springs Global Participaes has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in May 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 168.8 M | |
| Total Cashflows From Investing Activities | -85.7 M |
Springs |
Springs Global Relative Risk vs. Return Landscape
If you would invest 118.00 in Springs Global Participaes on January 25, 2024 and sell it today you would lose (36.00) from holding Springs Global Participaes or give up 30.51% of portfolio value over 90 days. Springs Global Participaes is generating negative expected returns and assumes 2.5776% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Springs, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Springs Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Springs Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Springs Global Participaes, and traders can use it to determine the average amount a Springs Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2183
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| Negative Returns | SGPS3 |
Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Springs Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Springs Global by adding Springs Global to a well-diversified portfolio.
Springs Global Fundamentals Growth
Springs Stock prices reflect investors' perceptions of the future prospects and financial health of Springs Global, and Springs Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Springs Stock performance.
| Return On Equity | -0.56 | |||
| Return On Asset | -0.0208 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 1.17 B | |||
| Shares Outstanding | 50 M | |||
| Price To Earning | 2.22 X | |||
| Price To Book | 0.12 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 1.72 B | |||
| EBITDA | 129.94 M | |||
| Cash And Equivalents | 130.58 M | |||
| Cash Per Share | 5.94 X | |||
| Total Debt | 335.42 M | |||
| Debt To Equity | 91.90 % | |||
| Book Value Per Share | 12.12 X | |||
| Cash Flow From Operations | 125.91 M | |||
| Earnings Per Share | (3.81) X | |||
| Total Asset | 3.2 B | |||
| Retained Earnings | (615 M) | |||
| Current Asset | 1.48 B | |||
| Current Liabilities | 778 M | |||
About Springs Global Performance
To evaluate Springs Global Parti Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Springs Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Springs Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Springs Global Parti market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Springs's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. SPRINGS ON operates under Textile Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 9387 people.Things to note about Springs Global Parti performance evaluation
Checking the ongoing alerts about Springs Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Springs Global Parti help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Springs Global Parti generated a negative expected return over the last 90 days | |
| Springs Global Parti has some characteristics of a very speculative penny stock | |
| Springs Global Parti has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.72 B. Net Loss for the year was (153.58 M) with profit before overhead, payroll, taxes, and interest of 610.92 M. | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Springs Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Springs Global's stock is overvalued or undervalued compared to its peers.
- Examining Springs Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Springs Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Springs Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Springs Global's stock. These opinions can provide insight into Springs Global's potential for growth and whether the stock is currently undervalued or overvalued.
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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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