Spirent Communications Plc Stock Today
| SPMYY Stock | USD 9.63 0.17 1.73% |
Performance8 of 100
| Odds Of DistressLess than 10
|
Spirent Communications is trading at 9.63 as of the 23rd of April 2024; that is -1.73% down since the beginning of the trading day. The stock's open price was 9.8. Spirent Communications has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Spirent Communications plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom. The company has 152.94 M outstanding shares. More on Spirent Communications plc
Moving against Spirent Pink Sheet
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Follow Valuation Odds of Bankruptcy
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Spirent Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Spirent Communications' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spirent Communications or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO-Designate Director | Eric Updyke |
| Business Concentration | Information Technology, Communications Equipment, Software—Infrastructure, Technology (View all Sectors) |
Spirent Communications plc [SPMYY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spirent Communications's market, we take the total number of its shares issued and multiply it by Spirent Communications'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. Spirent Communications classifies itself under Communications Equipment sector and is part of Information Technology industry. The entity has 152.94 M outstanding shares.
Spirent Communications plc has accumulated about 188.8 M in cash with 102.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24.
Check Spirent Communications Probability Of Bankruptcy
Ownership AllocationSpirent Communications maintains a total of 152.94 Million outstanding shares. About 100.0 % of Spirent Communications outstanding shares are held by general public with 0.056 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Spirent Ownership Details
Spirent Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Spirent Communications jumping above the current price in 90 days from now is about 13.89%. The Spirent Communications plc probability density function shows the probability of Spirent Communications pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Spirent Communications has a beta of 0.503. This usually implies as returns on the market go up, Spirent Communications average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spirent Communications plc will be expected to be much smaller as well. Additionally, spirent Communications plc has an alpha of 0.8226, implying that it can generate a 0.82 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Spirent Communications to move above the current price in 90 days from now is about 13.89 (This Spirent Communications plc probability density function shows the probability of Spirent Pink Sheet to fall within a particular range of prices over 90 days) .
Spirent Communications Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Spirent Communications market risk premium is the additional return an investor will receive from holding Spirent Communications 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 Spirent Communications. 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 Spirent Communications' alpha and beta are two of the key measurements used to evaluate Spirent Communications' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.54 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 8.24 | |||
| Variance | 67.86 |
Spirent Stock Against Markets
Picking the right benchmark for Spirent Communications pink sheet 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 Spirent Communications pink sheet 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 Spirent Communications is critical whether you are bullish or bearish towards Spirent Communications plc at a given time. Please also check how Spirent Communications' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Spirent Communications 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.Did you try this?
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Spirent Communications Corporate Directors
Spirent Communications corporate directors refer to members of a Spirent Communications board of directors. The board of directors generally takes responsibility for the Spirent Communications' 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 Spirent Communications' board members must vote for the resolution. The Spirent Communications board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Tom Maxwell | Independent Non-Executive Director | Profile | |
| Susan Swenson | Independent Non-Executive Director | Profile | |
| Bill Thomas | Non-Executive Director | Profile | |
| Gary Bullard | Non-Executive Director | Profile |
How to buy Spirent Pink Sheet?
Before investing in Spirent Communications, 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 Spirent Communications. To buy Spirent Communications stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Spirent Communications. 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 Spirent Communications stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Spirent Communications plc 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 Spirent Communications plc 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 Spirent Communications plc, 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 Spirent Communications plc?
The danger of trading Spirent Communications plc 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 Spirent Communications 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 Spirent Communications. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spirent Communications 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 Spirent Communications plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Spirent Pink Sheet analysis
When running Spirent Communications' price analysis, check to measure Spirent Communications' 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 Spirent Communications is operating at the current time. Most of Spirent Communications' value examination focuses on studying past and present price action to predict the probability of Spirent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirent Communications' price. Additionally, you may evaluate how the addition of Spirent Communications to your portfolios can decrease your overall portfolio volatility.
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