Spirax Sarco (UK) Price on April 3, 2023

SPX Stock   7,170  10.00  0.14%   
If you're considering investing in Spirax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spirax Sarco stands at 7,170, as last reported on the 2nd of December, with the highest price reaching 7,170 and the lowest price hitting 7,045 during the day. Spirax Sarco Enginee owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0317, which indicates the firm had a -0.0317% return per unit of risk over the last 3 months. Spirax Sarco Engineering PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spirax Sarco's Risk Adjusted Performance of (0.02), coefficient of variation of (3,156), and Variance of 3.67 to confirm the risk estimate we provide.
  
Spirax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0317

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Estimated Market Risk

 1.91
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spirax Sarco 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 Spirax Sarco by adding Spirax Sarco to a well-diversified portfolio.

Spirax Sarco Valuation on April 3, 2023

It is possible to determine the worth of Spirax Sarco on a given historical date. On April 3, 2023 Spirax was worth 11373.28 at the beginning of the trading date compared to the closed value of 11320.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirax Sarco stock. Still, in general, we apply an absolute valuation method to find Spirax Sarco'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 Spirax Sarco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirax Sarco's related companies.
 Open High Low Close Volume
  11,373    11,512    11,330    11,455    152,530  
04/03/2023
  11,373    11,417    11,262    11,320    269,801  
  11,354    11,412    11,299    11,349    291,694  
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Open Value
11373.28
11,368
Downside
11320.13
Closing Value
11,379
Upside

Spirax Sarco Trading Date Momentum on April 3, 2023

On April 04 2023 Spirax Sarco Engineering PLC was traded for  11,349  at the closing time. The highest price during the trading period was 11,412  and the lowest recorded bid was listed for  11,299 . The volume for the day was 291.7 K. This history from April 4, 2023 contributed to the next trading day price growth. The trading price change to the next closing price was 0.26% . The trading price change to the current price is 1.28% .

Spirax Sarco Enginee Fundamentals Correlations and Trends

By evaluating Spirax Sarco'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 Spirax Sarco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spirax financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Spirax Sarco Stock history

Spirax Sarco 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 Spirax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirax Sarco Enginee 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 Spirax Sarco stock prices may prove useful in developing a viable investing in Spirax Sarco

Spirax Sarco Stock Technical Analysis

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

Spirax Sarco Period Price Range

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December 2, 2024
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Spirax Sarco Engineering PLC cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

Spirax Sarco December 2, 2024 Market Strength

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

Spirax Sarco Technical and Predictive Indicators

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

Complementary Tools for Spirax Stock analysis

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