Spirit Aerosystems Holdings Stock Price on October 2, 2024

SPR Stock  USD 32.50  1.12  3.57%   
If you're considering investing in Spirit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spirit Aerosystems stands at 32.50, as last reported on the 25th of November, with the highest price reaching 32.53 and the lowest price hitting 31.37 during the day. Spirit Aerosystems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0566, which indicates the firm had a -0.0566% return per unit of risk over the last 3 months. Spirit Aerosystems Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spirit Aerosystems' Risk Adjusted Performance of (0.04), variance of 3.14, and Coefficient Of Variation of (1,767) to confirm the risk estimate we provide.
  
Spirit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0566

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Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spirit Aerosystems is not performing at its full potential. However, 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 Spirit Aerosystems by adding Spirit Aerosystems to a well-diversified portfolio.

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Spirit Aerosystems Valuation on October 2, 2024

It is possible to determine the worth of Spirit Aerosystems on a given historical date. On October 2, 2024 Spirit was worth 32.81 at the beginning of the trading date compared to the closed value of 32.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirit Aerosystems stock. Still, in general, we apply an absolute valuation method to find Spirit Aerosystems' 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 Spirit Aerosystems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirit Aerosystems' related companies.
 Open High Low Close Volume
  32.45    32.99    31.86    32.92    1,787,606  
10/02/2024
  32.81    33.03    32.67    32.82    671,489  
  32.65    32.76    31.92    32.09    1,955,525  
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Open Value
32.81
32.82
Closing Value
38.12
Upside

Spirit Aerosystems Trading Date Momentum on October 2, 2024

On October 03 2024 Spirit Aerosystems Holdings was traded for  32.09  at the closing time. Highest Spirit Aerosystems's price during the trading hours was 32.76  and the lowest price during the day was  31.92 . The net volume was 2 M. The overall trading history on the 3rd of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.22% . The trading price change to current price is 5.15% .

Spirit Aerosystems Fundamentals Correlations and Trends

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

About Spirit Aerosystems Stock history

Spirit Aerosystems 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 Spirit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirit Aerosystems 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 Spirit Aerosystems stock prices may prove useful in developing a viable investing in Spirit Aerosystems
Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas. Spirit Aerosystems operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 16100 people.

Spirit Aerosystems Stock Technical Analysis

Spirit Aerosystems 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 Spirit Aerosystems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spirit Aerosystems 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

Spirit Aerosystems Period Price Range

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November 25, 2024
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Spirit Aerosystems Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Spirit Aerosystems November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Spirit Aerosystems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spirit Aerosystems shares will generate the highest return on investment. By undertsting and applying Spirit Aerosystems stock market strength indicators, traders can identify Spirit Aerosystems Holdings entry and exit signals to maximize returns

Spirit Aerosystems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Spirit Aerosystems' price direction in advance. Along with the technical and fundamental analysis of Spirit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spirit 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 Spirit Stock Analysis

When running Spirit Aerosystems' price analysis, check to measure Spirit Aerosystems' 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 Spirit Aerosystems is operating at the current time. Most of Spirit Aerosystems' value examination focuses on studying past and present price action to predict the probability of Spirit Aerosystems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Aerosystems' price. Additionally, you may evaluate how the addition of Spirit Aerosystems to your portfolios can decrease your overall portfolio volatility.