Spi Energy Co Stock Technical Analysis
| SPI Stock | USD 0.50 0.01 2.04% |
As of the 19th of April, SPI Energy has the risk adjusted performance of (0.04), and Variance of 20.93. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPI Energy, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for SPI Energy Co, which can be compared to its competition. Please validate SPI Energy variance and potential upside to decide if SPI Energy is priced adequately, providing market reflects its prevalent price of 0.5 per share. As SPI Energy is a penny stock we also advise to double-check its jensen alpha numbers.
SPI Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPISPI |
SPI Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 0.15 | Buy | 1 | Odds |
Most SPI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SPI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SPI Energy, talking to its executives and customers, or listening to SPI conference calls.
SPI Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
SPI Energy Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPI Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPI Energy Trend Analysis
Use this graph to draw trend lines for SPI Energy Co. You can use it to identify possible trend reversals for SPI Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPI Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPI Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPI Energy Co applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may imply that the returns on investment in SPI Energy Co will continue to fail. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted SPI Energy price change compared to its average price change.About SPI Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SPI Energy Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SPI Energy Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SPI Energy price pattern first instead of the macroeconomic environment surrounding SPI Energy. By analyzing SPI Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SPI Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SPI Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.91 | 5.36 | 4.83 | 3.68 | Days Of Inventory On Hand | 56.04 | 64.9 | 74.63 | 68.01 |
SPI Energy April 19, 2024 Technical Indicators
Most technical analysis of SPI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SPI from various momentum indicators to cycle indicators. When you analyze SPI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 2.69 | |||
| Coefficient Of Variation | (1,173) | |||
| Standard Deviation | 4.57 | |||
| Variance | 20.93 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 33.07 | |||
| Value At Risk | (7.81) | |||
| Potential Upside | 3.39 | |||
| Skewness | 2.57 | |||
| Kurtosis | 13.39 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for SPI Stock analysis
When running SPI Energy's price analysis, check to measure SPI Energy'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 SPI Energy is operating at the current time. Most of SPI Energy's value examination focuses on studying past and present price action to predict the probability of SPI Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPI Energy's price. Additionally, you may evaluate how the addition of SPI Energy to your portfolios can decrease your overall portfolio volatility.
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Is SPI Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SPI Energy. If investors know SPI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.228 | Quarterly Revenue Growth 0.307 | Return On Assets (0.04) | Return On Equity (1.25) |
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.