Spire Global Stock Price on November 22, 2024

SPIR Stock  USD 16.17  0.16  1.00%   
If you're considering investing in Spire Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spire Global stands at 16.17, as last reported on the 29th of November, with the highest price reaching 16.30 and the lowest price hitting 15.86 during the day. Spire Global is not too volatile given 3 months investment horizon. Spire Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Spire Global Coefficient Of Variation of 373.72, semi deviation of 2.36, and Risk Adjusted Performance of 0.2132 to evaluate company specific risk that cannot be diversified away.
  
As of 11/29/2024, Total Stockholder Equity is likely to drop to about 66.5 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 10.6 M. At this time, Spire Global's Price Book Value Ratio is relatively stable compared to the past year. As of 11/29/2024, Price Earnings To Growth Ratio is likely to grow to 0.09, while Price Earnings Ratio is likely to drop (2.51). Spire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.273

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Estimated Market Risk

 4.21
  actual daily
37
63% of assets are more volatile

Expected Return

 1.15
  actual daily
22
78% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Spire Global is performing at about 21% 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 Spire Global by adding it to a well-diversified portfolio.
Price Book
4.6092
Enterprise Value Ebitda
3.7984
Price Sales
3.6673
Shares Float
21.3 M
Wall Street Target Price
19.6

Spire Global Main Headline on 22nd of November 2024

Shares of Spire Global Inc surged 3. percent in mid-day trading on Nov 22. The stock reached an intraday high of 16.37, before settling at 16.12, up fro

Spire Global Valuation on November 22, 2024

It is possible to determine the worth of Spire Global on a given historical date. On November 22, 2024 Spire was worth 15.73 at the beginning of the trading date compared to the closed value of 15.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spire Global stock. Still, in general, we apply an absolute valuation method to find Spire Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Spire Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spire Global's related companies.
 Open High Low Close Volume
  14.69    15.60    14.34    15.59    701,294  
11/22/2024
  15.73    16.49    15.48    15.98    515,709  
  15.74    16.86    15.54    16.62    318,305  
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Open Value
15.73
15.98
Closing Value
28.36
Upside

Spire Global Trading Date Momentum on November 22, 2024

On November 25 2024 Spire Global was traded for  16.62  at the closing time. The top price for the day was 16.86  and the lowest listed price was  15.54 . The trading volume for the day was 318.3 K. The trading history from November 25, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 4.01% . The trading price change against the current closing price is 0.13% .

Spire Global Fundamentals Correlations and Trends

By evaluating Spire Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spire Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spire financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Spire Global Stock history

Spire Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Spire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spire Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Spire Global stock prices may prove useful in developing a viable investing in Spire Global
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.6 M10.6 M
Net Loss-80.5 M-76.4 M

Spire Global Quarterly Net Working Capital

51.84 Million

Spire Global Stock Technical Analysis

Spire Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Spire Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spire Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Spire Global Period Price Range

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Spire Global November 29, 2024 Market Strength

Market strength 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 undertsting and applying Spire Global stock market strength indicators, traders can identify Spire Global entry and exit signals to maximize returns

Spire Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Spire Global's price direction in advance. Along with the technical and fundamental analysis of Spire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spire to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.