Sprintex (Australia) Market Value
| SIX Stock | 0.06 0 7.14% |
| Symbol | Sprintex |
Sprintex 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sprintex's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sprintex.
| 09/23/2025 |
| 12/22/2025 |
If you would invest 0.00 in Sprintex on September 23, 2025 and sell it all today you would earn a total of 0.00 from holding Sprintex or generate 0.0% return on investment in Sprintex over 90 days. Sprintex is related to or competes with Ambertech, Ai Media, Dexus Convenience, Advanced Braking, Wisetech Global, Centaurus Metals, and Aurelia Metals. Sprintex is entity of Australia. It is traded as Stock on AU exchange. More
Sprintex Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sprintex's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sprintex upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.43 | |||
| Information Ratio | 0.0903 | |||
| Maximum Drawdown | 21.79 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 8.0 |
Sprintex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprintex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sprintex's standard deviation. In reality, there are many statistical measures that can use Sprintex historical prices to predict the future Sprintex's volatility.| Risk Adjusted Performance | 0.0837 | |||
| Jensen Alpha | 0.4048 | |||
| Total Risk Alpha | 0.0932 | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | (4.33) |
Sprintex Backtested Returns
Sprintex appears to be out of control, given 3 months investment horizon. Sprintex owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sprintex, which you can use to evaluate the volatility of the company. Please review Sprintex's Coefficient Of Variation of 927.79, risk adjusted performance of 0.0837, and Semi Deviation of 2.65 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sprintex holds a performance score of 8. The entity has a beta of -0.0923, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sprintex are expected to decrease at a much lower rate. During the bear market, Sprintex is likely to outperform the market. Please check Sprintex's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Sprintex's existing price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Sprintex has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sprintex time series from 23rd of September 2025 to 7th of November 2025 and 7th of November 2025 to 22nd of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sprintex price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Sprintex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sprintex lagged returns against current returns
Autocorrelation, which is Sprintex stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sprintex's stock expected returns. We can calculate the autocorrelation of Sprintex returns to help us make a trade decision. For example, suppose you find that Sprintex has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sprintex regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sprintex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sprintex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sprintex stock over time.
Current vs Lagged Prices |
| Timeline |
Sprintex Lagged Returns
When evaluating Sprintex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sprintex stock have on its future price. Sprintex autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sprintex autocorrelation shows the relationship between Sprintex stock current value and its past values and can show if there is a momentum factor associated with investing in Sprintex.
Regressed Prices |
| Timeline |
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Additional Tools for Sprintex Stock Analysis
When running Sprintex's price analysis, check to measure Sprintex'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 Sprintex is operating at the current time. Most of Sprintex's value examination focuses on studying past and present price action to predict the probability of Sprintex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprintex's price. Additionally, you may evaluate how the addition of Sprintex to your portfolios can decrease your overall portfolio volatility.