Spectrum ASA Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Spectrum ASA are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Spectrum ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Spectrum ASA is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Fifty Two Week Low | 6.95 | |
Fifty Two Week High | 7.20 | |
Trailing Annual Dividend Yield | 2.48% |
Spectrum |
Spectrum ASA Relative Risk vs. Return Landscape
If you would invest (100.00) in Spectrum ASA on December 29, 2023 and sell it today you would earn a total of 100.00 from holding Spectrum ASA or generate -100.0% return on investment over 90 days. Spectrum ASA is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Spectrum, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Spectrum ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectrum ASA's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Spectrum ASA, and traders can use it to determine the average amount a Spectrum ASA'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 = 0.0
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Based on monthly moving average Spectrum ASA 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 Spectrum ASA by adding Spectrum ASA to a well-diversified portfolio.
Spectrum ASA Fundamentals Growth
Spectrum OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Spectrum ASA, and Spectrum ASA 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 Spectrum OTC Stock performance.
Return On Equity | 23.23 | |||
Return On Asset | 11.18 | |||
Current Valuation | 368.65 M | |||
Shares Outstanding | 54.79 M | |||
Price To Earning | 11.46 X | |||
Price To Book | 2.17 X | |||
Price To Sales | 2.42 X | |||
Revenue | 168.79 M | |||
EBITDA | 130.58 M | |||
Cash Per Share | 0.71 X | |||
Debt To Equity | 14.70 % | |||
Cash Flow From Operations | 88.67 M | |||
Earnings Per Share | 0.61 X | |||
Things to note about Spectrum ASA performance evaluation
Checking the ongoing alerts about Spectrum ASA for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Spectrum ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Spectrum ASA is not yet fully synchronised with the market data | |
Spectrum ASA has some characteristics of a very speculative penny stock | |
Spectrum ASA has a very high chance of going through financial distress in the upcoming years | |
The company has accumulated 25.96 M in total debt with debt to equity ratio (D/E) of 14.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Spectrum ASA has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spectrum ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Spectrum ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spectrum ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectrum to invest in growth at high rates of return. When we think about Spectrum ASA's use of debt, we should always consider it together with cash and equity. |
- Analyzing Spectrum ASA'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 Spectrum ASA's stock is overvalued or undervalued compared to its peers.
- Examining Spectrum ASA'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 Spectrum ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spectrum ASA's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Spectrum ASA's otc stock. These opinions can provide insight into Spectrum ASA'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. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Spectrum OTC Stock
If you are still planning to invest in Spectrum ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Spectrum ASA's history and understand the potential risks before investing.
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