In the world of investing, momentum can be a fickle friend. SPI Energy's recent upward trajectory raises questions about its sustainability as we move into November. With a 52-week high of $1.26, the stock's current price hovers around $0.54, suggesting a significant gap to close. The 50-day moving average of $0.36 indicates some recent bullish activity, yet the company's fundamentals paint a more cautious picture. The net income from continuing operations shows a loss of $25M, and the solar industry stock's beta of 0.688 suggests lower volatility compared to the market. Analysts remain divided, with a consensus rating of "Hold" and target prices ranging from $0.14 to $0.17. Investors should weigh these technical indicators and market sentiment carefully before deciding if SPI Energy can maintain its upward momentum. Many millennials are steering clear of the semiconductor sector, so it's worth taking a closer look at SPI Energy Co to understand its current market trends. Recently, SPI Energy has been showing its potential, with traders gaining confidence in its future prospects. Much of the stock's price movement reflects broader market trends. However, some inconsistent indicators suggest potential long-term losses for SPI investors. The company is set to announce its earnings tomorrow.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of SPI Energy Co. In general, sophisticated investors focus on analyzing SPI Energy stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build SPI Energy's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
SPI Energy's intrinsic value. In addition to deriving basic predictive indicators for SPI Energy, many experienced traders also check how macroeconomic factors affect SPI Energy price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Watch out for price decline
Please consider monitoring SPI Energy on a daily basis if you are holding a position in it. SPI Energy is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as SPI Energy stock to be traded above the $1 level to remain listed. If SPI Energy stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How does SPI Stands against Peers?
Analyzing SPI Energy competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to SPI Energy across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
SPI Energy Competition DetailsSPI Energy Gross Profit
SPI Energy Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing SPI Energy previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show SPI Energy Gross Profit growth over the last 10 years. Please check SPI Energy's
gross profit and other
fundamental indicators for more details.
Closer look at SPI Energy Mean Deviation
SPI Energy Co has current Mean Deviation of 5.33. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity.
The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.
Mean Deviation | = | SUM(RET DEV)N |
| = | 5.33 |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of SPI Energy |
| N | = | Number of calculation points for selected time horizon |
Let's now compare SPI Energy Mean Deviation to its closest peers:
| SPI | 5.333916876033056 |
| RUN | 3.66 |
| CSIQ | 3.61 |
| NOVA | 5.01 |
| MAXN | 7.78 |
In the world of investing, the trend is your friend until it ends. SPI Energy Co (NASDAQ: SPI) has been riding a wave of upward momentum, but the question remains whether it can sustain this trajectory through November. The stock's 50-day moving average of $0.36 suggests a recent bullish trend, yet its 200-day moving average of $0.53 indicates a longer-term bearish outlook. With a high probability of bankruptcy at 87.04%, investors should tread carefully. Despite a market capitalization of $18.33 million, the company's financial health is under pressure, highlighted by a net income loss of $24.7 million. As SPI Energy navigates these challenges, potential investors should weigh the risks against the potential rewards..
Our take on today SPI Energy surge
SPI Energy Co's stock saw a significant jump today, drawing investor interest. With a semi deviation of 4.7, it shows notable volatility, suggesting potential gains but also higher risk. This surge might be due to market speculation or positive company news, making it a stock to watch. However, as a potential penny stock, SPI Energy carries speculative risks and may be prone to artificial price inflation. Investors should be cautious and thoroughly understand both the potential rewards and risks. Look out for warning signs like spam emails, message board hype, unexplained volume increases, and sudden news releases. It's also wise to research the backgrounds of current and past company officers.
While timing trades perfectly can yield profits, inflated penny stocks often fail to sustain their price gains. Sustainable shareholder value comes from genuine performance and strong fundamentals.Investing in SPI Energy Co stock presents a complex picture for potential investors. While the company has shown some promise, the current analyst consensus is to hold, indicating a cautious approach. The valuation hype value of 0.6 suggests some market optimism, but this is tempered by a real valuation value of 0.29, highlighting a potential disconnect between perception and reality. With the highest analyst target price at just 0.17, there seems to be limited upside potential in the near term. Investors should weigh these factors carefully, considering the broader market conditions and their own risk tolerance before making a decision. As always, thorough research and a clear understanding of one's investment goals are crucial when navigating such opportunities..
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Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
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