Spectrum Stock Performance

SPB
 Stock
  

USD 66.68  14.02  26.62%   

On a scale of 0 to 100, Spectrum Brands holds a performance score of 4. The entity has a beta of 1.6101, which indicates a somewhat significant risk relative to the market. Let's try to break down what Spectrum's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spectrum Brands will likely underperform. Although it is vital to follow Spectrum Brands Holdings current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Spectrum Brands Holdings technical indicators, you can presently evaluate if the expected return of 0.29% will be sustainable into the future. Please operates Spectrum Brands jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution to make a quick decision on whether Spectrum Brands Holdings existing price patterns will revert.
  
Spectrum Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Spectrum Brands Holdings are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Spectrum Brands sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0345
Payout Ratio
1.23
Last Split Factor
129:800
Forward Annual Dividend Rate
1.68
Dividend Date
2022-12-13
Ex Dividend Date
2022-11-25

Spectrum Price Channel

Begin Period Cash Flow190000000.00
Total Cashflows From Investing Activities-359800000.00

Spectrum Brands Relative Risk vs. Return Landscape

If you would invest  5,992  in Spectrum Brands Holdings on September 4, 2022 and sell it today you would earn a total of  676.00  from holding Spectrum Brands Holdings or generate 11.28% return on investment over 90 days. Spectrum Brands Holdings is generating 0.2907% of daily returns assuming volatility of 5.1509% on return distribution over 90 days investment horizon. In other words, 44% of stocks are less volatile than Spectrum, and above 95% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Spectrum Brands is expected to generate 3.45 times more return on investment than the market. However, the company is 3.45 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.09 per unit of risk.

Spectrum Brands Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectrum Brands' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spectrum Brands Holdings, and traders can use it to determine the average amount a Spectrum Brands' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0564

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Estimated Market Risk
 5.15
  actual daily
 
 44 %
of total potential
 
4444
Expected Return
 0.29
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average Spectrum Brands is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spectrum Brands by adding it to a well-diversified portfolio.

About Spectrum Brands Performance

To evaluate Spectrum Brands Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Spectrum Brands generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Spectrum Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Spectrum Brands Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Spectrum's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-1.6 M-1.7 M
Return on Investment 2.84  2.92 
Return on Average Assets(7.01) (7.19) 
Return on Average Equity(16.52) (16.95) 
Return on Invested Capital 0.11  0.1 
Return on Sales 0.12  0.10 

Things to note about Spectrum Brands Holdings

Checking the ongoing alerts about Spectrum Brands for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spectrum Brands Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Spectrum Brands Alerts

Equity Alerts and Improvement Suggestions

Spectrum Brands has very high historical volatility over the last 90 days
Spectrum Brands Holdings has about 243.7 M in cash with (53.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.07.
Spectrum Brands has a poor financial position based on the latest SEC disclosures
Over 98.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Major Indexes Tumble Amid Hot Jobs Data, Fed Concerns - Schaeffers Research
Additionally, take a look at World Market Map. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Spectrum Brands Holdings price analysis, check to measure Spectrum Brands' 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 Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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Is Spectrum Brands' industry 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 Spectrum Brands. If investors know Spectrum 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 Spectrum Brands 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 YOY
(0.69) 
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
(0.011) 
Return On Assets
0.0076
Return On Equity
(5.65) 
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' 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 Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' 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 Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Spectrum Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' 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.