Sphere 3d Corp Stock Analysis

Sphere Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. Sphere 3D Corp recorded a loss per share of 1.28. The entity last dividend was issued on the 6th of November 2018. The firm had 1:7 split on the 29th of June 2023. Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery HVE 3DGFX, a virtual desktop infrastructure solution HVE STAGE, a server virtualization platform and HVE VAULT, an appliance designed to handle requirements for backup and replication storage. Sphere 3D operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 25 people. For more info on Sphere 3D Corp please contact Patricia Trompeter at (647) 952-5049 or go to https://sphere3d.com.

Sphere 3D Corp Investment Alerts

Sphere 3D Corp Upcoming and Recent Events

Sphere Largest EPS Surprises

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Sphere 3D Thematic Classifications

Sphere Stock Institutional Investors

Note, although Sphere 3D's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Sphere Market Capitalization

The company currently falls under 'Micro-Cap' category with a total capitalization of 25.93 M.

Sphere Profitablity

The company has Net Profit Margin of (0.7) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.89) %, which entails that for every $100 of revenue, it lost $0.89.

Management Efficiency

Sphere 3D Corp has Return on Asset of (0.1672) % which means that on every $100 spent on assets, it lost $0.1672. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.3539) %, meaning that it generated no profit with money invested by stockholders. Sphere 3D's management efficiency ratios could be used to measure how well Sphere 3D manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.54 in 2024. Return On Capital Employed is likely to drop to -0.63 in 2024. At this time, Sphere 3D's Total Assets are fairly stable compared to the past year. Other Current Assets is likely to rise to about 12.5 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 2.9 M in 2024.

Technical Drivers

As of the 11th of November 2024, Sphere 3D has the Coefficient Of Variation of 790.62, risk adjusted performance of 0.1045, and Semi Deviation of 3.49. Sphere 3D technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Sphere 3D Corp Price Movement Analysis

Sphere 3D Corp Insider Trading Activities

Sphere 3D Outstanding Bonds

Sphere 3D Predictive Daily Indicators

Sphere 3D Forecast Models

Sphere 3D's time-series forecasting models are one of many Sphere 3D's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sphere 3D's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Sphere 3D prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sphere shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Sphere 3D. By using and applying Sphere Stock analysis, traders can create a robust methodology for identifying Sphere entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sphere analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Sphere analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Sphere 3D Corp stock analysis indicators help investors evaluate how Sphere 3D stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Sphere 3D shares will generate the highest return on investment. By understating and applying Sphere 3D stock analysis, traders can identify Sphere 3D position entry and exit signals to maximize returns.

When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.