Spire Global Stock Alpha and Beta Analysis
| SPIR Stock | USD 16.62 0.64 4.01% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Spire Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Spire Global over a specified time horizon. Remember, high Spire Global's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Spire Global's market risk premium analysis include:
Beta 1.65 | Alpha 0.98 | Risk 4.2 | Sharpe Ratio 0.29 | Expected Return 1.22 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Spire |
Spire Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Spire Global market risk premium is the additional return an investor will receive from holding Spire Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Spire Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Spire Global's performance over market.| α | 0.98 | β | 1.65 |
Spire Global expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Spire Global's Buy-and-hold return. Our buy-and-hold chart shows how Spire Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Spire Global Market Price Analysis
Market price analysis indicators help investors to evaluate how Spire Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spire Global shares will generate the highest return on investment. By understating and applying Spire Global stock market price indicators, traders can identify Spire Global position entry and exit signals to maximize returns.
Spire Global Return and Market Media
The median price of Spire Global for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 9.73 with a coefficient of variation of 19.58. The daily time series for the period is distributed with a sample standard deviation of 2.0, arithmetic mean of 10.22, and mean deviation of 1.43. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | SPIR LAWSUIT ALERT Levi Korsinsky Notifies Spire Global, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline | 10/09/2024 |
2 | Spire Global Inc Is Being Sued For Violating Securities Laws And Impacted Stockholders Are Encouraged To Contact The Schall Law Firm | 10/14/2024 |
3 | Mission Control to Advance AI Onboard New Spire Global Satellite | 10/16/2024 |
4 | Levi Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 21, 2024 in Spire Global Lawsuit - SPIR | 10/21/2024 |
5 | Northrop Grumman Beats Q3 Earnings Estimates | 10/24/2024 |
6 | Acquisition by Messer Stephen of 17207 shares of Spire Global subject to Rule 16b-3 | 11/01/2024 |
7 | Spire Global Announces Strategic Business Update Debt to be Eliminated | 11/13/2024 |
8 | Spire Global shares upgraded to buy, target lifted on positive development | 11/14/2024 |
9 | Spire Global Inc Stock Price Up 6.4 percent on Nov 19 | 11/19/2024 |
10 | Disposition of 13278 shares by Leonardo Basola of Spire Global at 14.767 subject to Rule 16b-3 | 11/21/2024 |
11 | Spire Global COO Theresa Condor sells 259,781 in stock | 11/22/2024 |
12 | Spire Global Selected by LatConnect60 to Improve Sustainable Agriculture Practices | 11/25/2024 |
About Spire Global Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Spire or other stocks. Alpha measures the amount that position in Spire Global has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Payables Turnover | 3.21 | 5.3 | 10.45 | Days Of Inventory On Hand | 27.45 | 24.71 | 21.27 |
Spire Global Upcoming Company Events
As portrayed in its financial statements, the presentation of Spire Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spire Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Spire Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Spire Global. Please utilize our Beneish M Score to check the likelihood of Spire Global's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Spire Stock Analysis
When running Spire Global's price analysis, check to measure Spire Global's 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 Spire Global is operating at the current time. Most of Spire Global's value examination focuses on studying past and present price action to predict the probability of Spire Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire Global's price. Additionally, you may evaluate how the addition of Spire Global to your portfolios can decrease your overall portfolio volatility.