Spark New Zealand Stock Buy Hold or Sell Recommendation
| SPKKY Stock | USD 13.96 0.10 0.72% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Spark New Zealand is 'Hold'. Macroaxis provides Spark New buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPKKY positions. The advice algorithm takes into account all of Spark New's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Spark New's buy or sell advice are summarized below:
Real Value 14.36 | Hype Value 13.96 | Market Value 13.96 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spark New Zealand given historical horizon and risk tolerance towards Spark New. When Macroaxis issues a 'buy' or 'sell' recommendation for Spark New Zealand, the advice is generated through an automated system that utilizes algorithms and statistical models.
Spark |
Execute Spark New Buy or Sell Advice
The Spark recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spark New Zealand. Macroaxis does not own or have any residual interests in Spark New Zealand or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spark New's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Spark New Trading Alerts and Improvement Suggestions
| Spark New Zealand generated a negative expected return over the last 90 days |
Spark New Returns Distribution Density
The distribution of Spark New's historical returns is an attempt to chart the uncertainty of Spark New's future price movements. The chart of the probability distribution of Spark New daily returns describes the distribution of returns around its average expected value. We use Spark New Zealand price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spark New returns is essential to provide solid investment advice for Spark New.
| Mean Return | -0.15 | Value At Risk | -1.48 | Potential Upside | 1.18 | Standard Deviation | 0.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spark New historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Spark New Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Spark New or Diversified Telecommunication Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Spark New's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Spark pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.17 | |
β | Beta against NYSE Composite | 0.23 | |
σ | Overall volatility | 0.92 | |
Ir | Information ratio | -0.25 |
Spark New Volatility Alert
Spark New Zealand exhibits very low volatility with skewness of 0.12 and kurtosis of -0.53. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spark New's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spark New's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Spark New Fundamentals Vs Peers
Comparing Spark New's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Spark New's direct or indirect competition across all of the common fundamentals between Spark New and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spark New or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Spark New's fundamental indicators could also be used in its relative valuation, which is a method of valuing Spark New by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Spark New to competition |
| Fundamentals | Spark New | Peer Average |
| Return On Equity | 0.28 | -0.31 |
| Return On Asset | 0.0953 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 7.44 B | 16.62 B |
| Shares Outstanding | 374.32 M | 571.82 M |
| Shares Owned By Institutions | 0.03 % | 39.21 % |
| Number Of Shares Shorted | 210.21 K | 4.71 M |
| Price To Earning | 20.34 X | 28.72 X |
| Price To Book | 6.65 X | 9.51 X |
| Price To Sales | 1.67 X | 11.42 X |
| Revenue | 3.69 B | 9.43 B |
| Gross Profit | 1.22 B | 27.38 B |
| EBITDA | 1.15 B | 3.9 B |
| Net Income | 410 M | 570.98 M |
| Cash And Equivalents | 71 M | 2.7 B |
| Cash Per Share | 0.19 X | 5.01 X |
| Total Debt | 1.23 B | 5.32 B |
| Debt To Equity | 1.38 % | 48.70 % |
| Current Ratio | 1.30 X | 2.16 X |
| Book Value Per Share | 3.94 X | 1.93 K |
| Cash Flow From Operations | 841 M | 971.22 M |
| Short Ratio | 0.65 X | 4.00 X |
| Earnings Per Share | 0.69 X | 3.12 X |
| Price To Earnings To Growth | 12.88 X | 4.89 X |
| Target Price | 19.7 | |
| Number Of Employees | 4.92 K | 18.84 K |
| Beta | 0.16 | -0.15 |
| Market Capitalization | 6.31 B | 19.03 B |
| Total Asset | 4.19 B | 29.47 B |
| Retained Earnings | 997 M | 9.33 B |
| Working Capital | (489 M) | 1.48 B |
| Current Asset | 989 M | 9.34 B |
Spark New Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spark . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Spark New Buy or Sell Advice
When is the right time to buy or sell Spark New Zealand? Buying financial instruments such as Spark Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Spark New in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
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Check out Spark New Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Spark Pink Sheet analysis
When running Spark New's price analysis, check to measure Spark New'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 Spark New is operating at the current time. Most of Spark New's value examination focuses on studying past and present price action to predict the probability of Spark New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spark New's price. Additionally, you may evaluate how the addition of Spark New to your portfolios can decrease your overall portfolio volatility.
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