Spx Corp Stock Market Value
| SPXC Stock | USD 173.53 2.71 1.59% |
| Symbol | SPX |
SPX Corp Price To Book Ratio
Is Industrial Machinery & Supplies & Components space 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 SPX Corp. If investors know SPX 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 SPX Corp 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 0.042 | Earnings Share 4.34 | Revenue Per Share | Quarterly Revenue Growth 0.037 | Return On Assets |
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp'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 SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp'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 SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp'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.
SPX Corp '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 SPX Corp'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 SPX Corp.
| 04/17/2025 |
| 07/16/2025 |
If you would invest 0.00 in SPX Corp on April 17, 2025 and sell it all today you would earn a total of 0.00 from holding SPX Corp or generate 0.0% return on investment in SPX Corp over 90 days. SPX Corp is related to or competes with Standex International, Enpro Industries, Thermon Group, Enerpac Tool, and Installed Building. SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling and detection and... More
SPX Corp 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 SPX Corp'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 SPX Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.1376 | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 3.12 |
SPX Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPX Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPX Corp's standard deviation. In reality, there are many statistical measures that can use SPX Corp historical prices to predict the future SPX Corp's volatility.| Risk Adjusted Performance | 0.2152 | |||
| Jensen Alpha | 0.2076 | |||
| Total Risk Alpha | 0.1538 | |||
| Sortino Ratio | 0.1388 | |||
| Treynor Ratio | 0.2779 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SPX Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SPX Corp Backtested Returns
SPX Corp appears to be very steady, given 3 months investment horizon. SPX Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the firm had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SPX Corp, which you can use to evaluate the volatility of the company. Please review SPX Corp's Coefficient Of Variation of 476.16, semi deviation of 1.26, and Risk Adjusted Performance of 0.2152 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SPX Corp holds a performance score of 22. The entity has a beta of 1.29, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPX Corp will likely underperform. Please check SPX Corp's semi variance, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether SPX Corp's existing price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
SPX Corp has good predictability. Overlapping area represents the amount of predictability between SPX Corp time series from 17th of April 2025 to 1st of June 2025 and 1st of June 2025 to 16th of July 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 SPX Corp price movement. The serial correlation of 0.67 indicates that around 67.0% of current SPX Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 49.45 |
SPX Corp lagged returns against current returns
Autocorrelation, which is SPX Corp 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 SPX Corp's stock expected returns. We can calculate the autocorrelation of SPX Corp returns to help us make a trade decision. For example, suppose you find that SPX Corp 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 |
SPX Corp 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 SPX Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPX Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPX Corp stock over time.
Current vs Lagged Prices |
| Timeline |
SPX Corp Lagged Returns
When evaluating SPX Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPX Corp stock have on its future price. SPX Corp 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, SPX Corp autocorrelation shows the relationship between SPX Corp stock current value and its past values and can show if there is a momentum factor associated with investing in SPX Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:Check out SPX Corp Correlation, SPX Corp Volatility and SPX Corp Alpha and Beta module to complement your research on SPX Corp. For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
SPX Corp 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.