ASPIRE OTC Stock Performance

ASPGF -  USA Stock  

USD 9.55  0.00  0.00%

The firm shows a Beta (market volatility) of 0.1911, which signifies not very significant fluctuations relative to the market. Let's try to break down what ASPIRE's beta means in this case. As returns on the market increase, ASPIRE GLOBAL returns are expected to increase less than the market. However, during the bear market, the loss on holding ASPIRE GLOBAL will be expected to be smaller as well. Even though it is essential to pay attention to ASPIRE GLOBAL PLC historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ASPIRE GLOBAL PLC exposes twenty-one different technical indicators, which can help you to evaluate its performance. ASPIRE GLOBAL PLC has an expected return of -0.22%. Please be advised to confirm ASPIRE GLOBAL PLC jensen alpha, as well as the relationship between the potential upside and skewness to decide if ASPIRE GLOBAL PLC performance from the past will be repeated at future time.
  
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ASPIRE Performance
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Over the last 90 days ASPIRE GLOBAL PLC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in July 2022. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

ASPIRE Price Channel

Quick Ratio1.77
Fifty Two Week Low6.68
Fifty Two Week High11.88

ASPIRE GLOBAL Relative Risk vs. Return Landscape

If you would invest  1,110  in ASPIRE GLOBAL PLC on March 28, 2022 and sell it today you would lose (155.00)  from holding ASPIRE GLOBAL PLC or give up 13.96% of portfolio value over 90 days. ASPIRE GLOBAL PLC is currently producing negative expected returns and takes up 1.7593% volatility of returns over 90 trading days. Put another way, 15% of traded otc stocks are less volatile than ASPIRE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon ASPIRE GLOBAL is expected to under-perform the market. In addition to that, the company is 1.22 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

ASPIRE GLOBAL Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ASPIRE GLOBAL's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as ASPIRE GLOBAL PLC, and traders can use it to determine the average amount a ASPIRE 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 = -0.126

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Negative ReturnsASPGF
Estimated Market Risk
 1.76
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 -0.22
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 0 %
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Risk-Adjusted Return
 -0.13
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 0 %
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Based on monthly moving average ASPIRE GLOBAL is performing at about 0% of its full potential. 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 ASPIRE GLOBAL by adding it to a well-diversified portfolio.

About ASPIRE GLOBAL Performance

To evaluate ASPIRE GLOBAL PLC OTC 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 ASPIRE 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 ASPIRE OTC 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 ASPIRE GLOBAL PLC stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents ASPIRE'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.
Aspire Global plc provides managed online gaming solutions to operators and white labels in the Nordic countries, the United Kingdom, Ireland, rest of Europe, and internationally. Aspire Global plc was incorporated in 2003 and is headquartered in Silema, Malta. ASPIRE GLOBAL is traded on OTC Exchange in the United States.

Things to note about ASPIRE GLOBAL PLC

Checking the ongoing alerts about ASPIRE GLOBAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASPIRE GLOBAL PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

ASPIRE GLOBAL Alerts

Equity Alerts and Improvement Suggestions

ASPIRE GLOBAL PLC generated a negative expected return over the last 90 days
About 77.0% of the company shares are held by company insiders
Please continue to Trending Equities. Note that the ASPIRE GLOBAL PLC information on this page should be used as a complementary analysis to other ASPIRE 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running ASPIRE GLOBAL PLC price analysis, check to measure ASPIRE 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 ASPIRE GLOBAL is operating at the current time. Most of ASPIRE GLOBAL's value examination focuses on studying past and present price action to predict the probability of ASPIRE GLOBAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASPIRE GLOBAL's price. Additionally, you may evaluate how the addition of ASPIRE GLOBAL to your portfolios can decrease your overall portfolio volatility.
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Is ASPIRE GLOBAL'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 ASPIRE GLOBAL. If investors know ASPIRE 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 ASPIRE GLOBAL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.22
Market Capitalization
448.7 M
Quarterly Revenue Growth YOY
-0.005
Return On Assets
0.0766
Return On Equity
0.21
The market value of ASPIRE GLOBAL PLC is measured differently than its book value, which is the value of ASPIRE that is recorded on the company's balance sheet. Investors also form their own opinion of ASPIRE GLOBAL's value that differs from its market value or its book value, called intrinsic value, which is ASPIRE GLOBAL'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 ASPIRE GLOBAL's market value can be influenced by many factors that don't directly affect ASPIRE GLOBAL'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 ASPIRE GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine ASPIRE GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASPIRE GLOBAL'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.