Skip to main content

SPOT Spotify Technology S.A.

Communication Services

593.44 Close 10/30
Since 2024-12-02 +23.6%
Open
575.00
High
595.36
Low
570.03
Prev close
557.24
Volume
3.2M
Amplitude
4.55%
52W 405.00 668.50

Is Spotify Technology S.A. a buy? Fundamentals and valuation first

As of 2026-10-30

Momentum: Good, Risk / liquidity: Good.

Momentum Good 60-day return is Top, but 240-day return is Average.
60-day return (%) 24.92 94th percentile Top
240-day return (%) -6.66 44th percentile Average
Momentum Trading Strategy: A 12-1 Momentum Backtest
Risk / liquidity Good 20-day dollar volume is Top, but 60-day annualized volatility is Average.
20-day dollar volume 988,328,783 99th percentile Top
60-day annualized volatility (%) 46.62 53th percentile Average
Factor Investing Explained: 10 Classic Factors in US Stocks

Spotify Technology S.A. (SPOT) today

1 quant signals active · As of 2026-10-30

Win rate and excess are historical post-trigger stats vs the market. Click a signal for its full definition and samples; history does not predict future results.

FinLab Studio

From Spotify Technology S.A. to every stock like it

AI finds several complementary traits of Spotify Technology S.A. across different dimensions, combines them into a multifactor strategy, and backtests it against the market.

Screen stocks like Spotify Technology S.A.

Spotify Technology S.A. (SPOT) peers and tracking

Watchlist

This page refreshes daily after the close. Add Spotify Technology S.A. to your watchlist to track signal changes on your next visit.

Spotify Technology S.A. (SPOT) quant signal backtests

Signals active now

Each active condition is tested against this stock’s own history and benchmarked versus the S&P 500.

Top-quintile 6-month momentum

Active · now 86.42%

The stock ranks in the top 20% of the liquid US common-stock universe by 126-day adjusted return.

Momentum Trading Strategy: A 12-1 Momentum Backtest
15 historical occurrences (since 2020-03-11)

Average forward return after Top-quintile 6-month momentum

20-day: Win 64.3%, Sample 14, Median +7.63%, Excess +3.31%, Beat mkt rate 64.3%

60-day: Win 78.6%, Sample 14, Median +27.95%, Excess +14.42%, Beat mkt rate 78.6%

120-day: Win 71.4%, Sample 14, Median +49.62%, Excess +21.1%, Beat mkt rate 64.3%

120 days after: historical avg +32.69%

20-day +5.43%
60-day +22.48%
120-day +32.69%
20-day
60-day
120-day
Win
64.3%
78.6%
71.4%
Sample
14
14
14
Median
+7.63%
+27.95%
+49.62%
Excess
+3.31%
+14.42%
+21.1%
Beat mkt rate
64.3%
78.6%
64.3%

Over 14 occurrences, 120-day forward avg gained 32.69%, beat the market by 21.1 pts; win rate 71.4%.

More history: Market-wide momentum baseline, Signals not active now

Market-wide momentum baseline

Across 99,493 liquid US common-stock samples, top-quintile 6-month momentum was followed by an average 60-trading-day return of +6.42%, a 58.4% positive-return rate, and +3.08 percentage points of average excess return versus the S&P 500.

Baseline: weekly samples since 2016 where a liquid US common stock ranked in the top quintile by 126-trading-day momentum. Forward return is 60 trading days; excess return is versus S&P 500 (^GSPC).

Signals not active now

Inactive signals still show the stock-specific historical forward-return distribution for context.

52-week adjusted-price high

Pending

Adjusted close first reaches a 252-trading-day high; repeated hits within 20 days count once.

17 times historically; 60-day forward avg +12.24%, win rate 76.5%, beating the market by +7.93 pts on average.

Method and limits

  • Returns use us_price:adj_close, adjusted for splits and dividends where available.
  • Excess returns use world_index:^GSPC as the S&P 500 benchmark proxy.
  • Quarterly fundamentals are aligned to SEC filing dates before daily valuation studies.
  • The promoted universe starts from active NYSE/NASDAQ common stocks, then applies price and dollar-volume gates.
  • Snapshot-only tables such as analyst consensus, DCF, us_ratios, and us_key_metrics are intentionally excluded from historical evidence.
  • Overlapping event windows are descriptive distributions, not independent samples.
  • The company has reported its financial statements in more than one currency, so margins, growth and valuation figures that would combine them are not computed.

This page is for historical data analysis and education only. It is not investment advice. Backtests and historical return distributions do not predict future performance; evaluate risk independently before trading.