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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#3244
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Banking
$21M
Patricia Trompeter
Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations. Its products portfolio includes HVE-STACK high density server, storage appliance for data centers.
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Get full access to institutional-quality research tools with Blank Capital Pro.
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$ANY Sphere 3D Corp. | 42 | 37 | 23 | 51 | - | - | -38.1% | -36.2% | 23.8% | -161.0% | -103.5% | -43.8% | 0.0% | 5.0x | $21M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
Sphere 3D Corp. (ANY) receives a "Reduce" rating with a composite score of 42.2/100. It ranks #3244 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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In-line with peers — no strong momentum signal
Expensive relative to fundamentals — limited margin of safety
Average quality profile
High volatility — wider range of outcomes increases timing risk
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for ANY.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 37 | 71 | -34DRAG |
| MOMENTUM | 51 | 53 | -2NEUTRAL |
| VALUATION | 23 | 7 | +16ALPHA |
| INVESTMENT | 29 | 34 | -5NEUTRAL |
| STABILITY | 7 | 2 | +5NEUTRAL |
| SHORT INT | 58 | 71 | -13DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy -38.1% (sector 9.0%)
GM 24% vs sector 78%, OM -161% vs sector 18%
Capital turnover N/A
Rev growth -44%, 10yr history
Interest coverage N/A
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate Sphere 3D Corp. (ANY) as a Reduce with a composite score of 42.2/100 at a current price of $1.29. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
Sphere 3D Corp. holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 42.2/100 places it at rank #3244 in our full universe.
No Moat
High
Poor
Fair Value
Stable competitive position in a defensive sector.
Vulnerability to macroeconomic shocks and interest rate volatility.
Sphere 3D Corp. represents a reduce based on multi-factor quantitative performance.
Sphere 3D Corp. receives a Reduce rating from our analysis, with a composite score of 42.2/100 and 2 out of 5 stars, ranking #3244 out of 7,333 stocks. ANY's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
ANY's quality score of 37/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of -38.1% (sector avg: 9.0%), gross margins of 23.8% (sector avg: 77.7%), net margins of -103.5% (sector avg: 21.9%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
ANY registers a value score of just 23/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/B ratio of 0.14x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
Sphere 3D Corp.'s investment score of 29/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of -43.8% vs. a sector average of 10.7% and a return on assets of -36.2% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
ANY demonstrates moderate momentum with a score of 51/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at -43.8% year-over-year, while a beta of 1.03 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
Sphere 3D Corp. registers a low stability score of 7/100, indicating high volatility and potentially stressed financial conditions. Key stability metrics include a beta of 1.03 and a debt-to-equity ratio of 5.00x (sector avg: 0.5x). Stocks at this level carry elevated capital loss risk and may be unsuitable for conservative portfolios without careful risk management.
The short interest score of 58/100 for ANY suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include elevated leverage (D/E: 5.00x), micro-cap liquidity risk. With a $21M market cap (micro-cap), Sphere 3D Corp. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
Sphere 3D Corp. is a micro-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #3244 of 7,333 overall (56th percentile). Key comparisons include ROE of -38.1% trailing the 9.0% sector median and operating margins of -161.0% below the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While ANY currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
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Improvement in Stability (7) would have the largest impact on the composite score.
ROE 524% BELOW SECTOR MEDIAN
Gross Margin 69% BELOW SECTOR MEDIAN
Op. Margin 987% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Unfortunately for some shareholders, the Sphere 3D Corp. ( NASDAQ:ANY ) share price has dived 45% in the last thirty...
To the annoyance of some shareholders, Sphere 3D Corp. ( NASDAQ:ANY ) shares are down a considerable 28% in the last...

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