SPGI Competitors
| SPGI Stock | USD 451.71 13.80 2.96% |
SP Global vs Interactive Brokers Correlation
Very weak diversification
The correlation between SP Global and IBKR is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SP Global and IBKR in the same portfolio, assuming nothing else is changed.
Moving together with SPGI Stock
Moving against SPGI Stock
| 0.53 | AGMH | AGM Group Holdings | PairCorr |
| 0.39 | BKRKF | PT Bank Rakyat Earnings Call This Week | PairCorr |
| 0.35 | PTAIF | PT Astra International | PairCorr |
SP Global Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SP Global and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of SPGI and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of SP Global does not affect the price movement of the other competitor.
| 0.35 | 0.21 | 0.36 | 0.52 | 0.83 | -0.07 | BAC | ||
| 0.35 | 0.76 | 0.67 | 0.93 | 0.48 | 0.58 | SAN | ||
| 0.21 | 0.76 | 0.73 | 0.69 | 0.49 | 0.74 | BLK | ||
| 0.36 | 0.67 | 0.73 | 0.67 | 0.6 | 0.48 | MCO | ||
| 0.52 | 0.93 | 0.69 | 0.67 | 0.66 | 0.42 | TD | ||
| 0.83 | 0.48 | 0.49 | 0.6 | 0.66 | 0.03 | COF | ||
| -0.07 | 0.58 | 0.74 | 0.48 | 0.42 | 0.03 | IBKR | ||
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SPGI Stock performing well and SP Global Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze SP Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 0.92 | 0.07 | 0.02 | (1.00) | 1.38 | 1.71 | 5.64 | |||
| SAN | 1.32 | 0.24 | 0.13 | 0.23 | 1.70 | 2.90 | 9.51 | |||
| BLK | 1.16 | (0.08) | 0.00 | (0.02) | 0.00 | 2.64 | 10.50 | |||
| MCO | 1.01 | (0.10) | 0.00 | (0.07) | 0.00 | 1.45 | 14.49 | |||
| TD | 0.76 | 0.21 | 0.22 | 0.44 | 0.64 | 1.66 | 5.15 | |||
| COF | 1.39 | (0.06) | (0.01) | 0.00 | 2.84 | 2.69 | 10.57 | |||
| IBKR | 1.77 | (0.07) | (0.01) | 0.00 | 2.58 | 3.87 | 11.65 |
Cross Equities Net Income Analysis
Compare SP Global and related stocks such as Bank of America, Banco Santander SA, and BlackRock Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 1.1 B | 1.4 B | 2.8 B | 11.4 B | 4.8 B | 15.9 B | 17.9 B | 18.2 B | 28.1 B | 27.4 B | 17.9 B | 32 B | 27.5 B | 26.5 B | 27.1 B | 30.6 B | 32.2 B |
| SAN | 227.4 M | 5.3 B | 2.2 B | 4.2 B | 5.8 B | 6 B | 6.2 B | 6.6 B | 7.8 B | 6.5 B | (8.8 B) | 8.1 B | 9.6 B | 11.1 B | 12.6 B | 13.5 B | 14.2 B |
| BLK | 35.6 M | 2.3 B | 2.5 B | 2.9 B | 3.3 B | 3.3 B | 3.2 B | 5 B | 4.3 B | 4.5 B | 4.9 B | 5.9 B | 5.2 B | 5.5 B | 6.4 B | 5.6 B | 2.8 B |
| MCO | 280.1 M | 571.4 M | 690 M | 804.5 M | 988.7 M | 941.3 M | 266.6 M | 1 B | 1.3 B | 1.4 B | 1.8 B | 2.2 B | 1.4 B | 1.6 B | 2.1 B | 2.4 B | 2.5 B |
| TD | 794 M | 6.4 B | 6.5 B | 7.8 B | 7.9 B | 8.8 B | 10.4 B | 11.3 B | 11.7 B | 11.9 B | 14.3 B | 17.4 B | 10.6 B | 8.8 B | 20.5 B | 23.6 B | 24.8 B |
| COF | 95.2 M | 3.1 B | 3.7 B | 4.3 B | 4.4 B | 4 B | 3.8 B | 2 B | 6 B | 5.5 B | 2.7 B | 12.4 B | 7.4 B | 4.9 B | 4.8 B | 2.5 B | 3 B |
| IBKR | 270.4 M | 690.8 M | 41.8 M | 37 M | 45 M | 49 M | 84 M | 76 M | 169 M | 161 M | 195 M | 308 M | 380 M | 600 M | 755 M | 984 M | 1 B |
SP Global and related stocks such as Bank of America, Banco Santander SA, and BlackRock Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in SP Global financial statement analysis. It represents the amount of money remaining after all of SP Global operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.SP Global Competitive Analysis
The better you understand SP Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SP Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across SP Global's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
SP Global Competition Performance Charts
Five steps to successful analysis of SP Global Competition
SP Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by SP Global in relation to its competition. SP Global's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of SP Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact SP Global's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SP Global, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out SP Global Correlation with its peers. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is there potential for Financial Exchanges & Data market expansion? Will SPGI introduce new products? Factors like these will boost the valuation of SP Global. If investors know SPGI will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about SP Global 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 0.241 | Dividend Share 3.79 | Earnings Share 13.69 | Revenue Per Share | Quarterly Revenue Growth 0.088 |
Investors evaluate SP Global using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating SP Global's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause SP Global's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, SP Global's market price signifies the transaction level at which participants voluntarily complete trades.