Spark New Zealand Stock Market Value
| NZTCF Stock | USD 0.98 0.18 15.52% |
| Symbol | Spark |
Spark New '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 Spark New's pink sheet 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 Spark New.
| 08/29/2025 |
| 11/27/2025 |
If you would invest 0.00 in Spark New on August 29, 2025 and sell it all today you would earn a total of 0.00 from holding Spark New Zealand or generate 0.0% return on investment in Spark New over 90 days. Spark New is related to or competes with United Natural, Gaztransport Technigaz, BBB Foods, Nexstar Broadcasting, Where Food, Strainsforpains, and Tyson Foods. Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zeala... More
Spark New 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 Spark New's pink sheet 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 Spark New Zealand upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 23.36 | |||
| Value At Risk | (8.57) | |||
| Potential Upside | 8.7 |
Spark New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spark New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spark New's standard deviation. In reality, there are many statistical measures that can use Spark New historical prices to predict the future Spark New's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 0.3288 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spark New'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.
Spark New Zealand Backtested Returns
Spark New Zealand owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0889, which indicates the firm had a -0.0889 % return per unit of risk over the last 3 months. Spark New Zealand exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spark New's Coefficient Of Variation of (1,704), variance of 24.65, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of -0.92, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Spark New are expected to decrease slowly. On the other hand, during market turmoil, Spark New is expected to outperform it slightly. At this point, Spark New Zealand has a negative expected return of -0.44%. Please make sure to validate Spark New's variance and the relationship between the treynor ratio and price action indicator , to decide if Spark New Zealand performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Spark New Zealand has no correlation between past and present. Overlapping area represents the amount of predictability between Spark New time series from 29th of August 2025 to 13th of October 2025 and 13th of October 2025 to 27th of November 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 Spark New Zealand price movement. The serial correlation of 0.0 indicates that just 0.0% of current Spark New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spark New Zealand lagged returns against current returns
Autocorrelation, which is Spark New pink sheet'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 Spark New's pink sheet expected returns. We can calculate the autocorrelation of Spark New returns to help us make a trade decision. For example, suppose you find that Spark New has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Spark New 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 Spark New pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spark New pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spark New pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Spark New Lagged Returns
When evaluating Spark New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spark New pink sheet have on its future price. Spark New 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, Spark New autocorrelation shows the relationship between Spark New pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Spark New Zealand.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Spark Pink Sheet
Spark New financial ratios help investors to determine whether Spark Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spark with respect to the benefits of owning Spark New security.