Spirax Sarco Engineering Plc Stock Price on November 11, 2024
| SPXSY Stock | USD 41.85 1.46 3.37% |
If you're considering investing in Spirax-Sarco Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Spirax-Sarco Engineering stands at 41.85, as last reported on the 23rd of November, with the highest price reaching 42.35 and the lowest price hitting 41.50 during the day. Spirax-Sarco Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0911, which indicates the firm had a -0.0911% 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 Engineering's Risk Adjusted Performance of (0.06), variance of 3.81, and Coefficient Of Variation of (1,117) to confirm the risk estimate we provide.
Spirax-Sarco Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Spirax-Sarco |
Sharpe Ratio = -0.0911
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Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spirax-Sarco Engineering 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 Engineering by adding Spirax-Sarco Engineering to a well-diversified portfolio.
Spirax-Sarco Engineering Valuation on November 11, 2024
It is possible to determine the worth of Spirax-Sarco Engineering on a given historical date. On November 11, 2024 Spirax-Sarco was worth 42.98 at the beginning of the trading date compared to the closed value of 42.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirax-Sarco Engineering pink sheet. Still, in general, we apply an absolute valuation method to find Spirax-Sarco Engineering'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 Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirax-Sarco Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 42.74 | 42.97 | 42.55 | 42.86 | 24,400 | |
11/11/2024 | 42.98 | 43.04 | 42.71 | 42.71 | 20,200 |
| 42.13 | 43.28 | 42.00 | 43.28 | 41,100 |
| Backtest Spirax-Sarco Engineering | | | Spirax-Sarco Engineering History | | | Spirax-Sarco Engineering Valuation | Previous | Next |
Spirax-Sarco Engineering Trading Date Momentum on November 11, 2024
| On November 12 2024 Spirax Sarco Engineering PLC was traded for 43.28 at the closing time. The highest daily price throughout the period was 43.28 and the lowest price was 42.00 . The daily volume was 41.1 K. The net trading volume on 11/12/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.33% . The trading price change to current closing price is 2.11% . |
Spirax-Sarco Engineering Fundamentals Correlations and Trends
By evaluating Spirax-Sarco Engineering'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 Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spirax-Sarco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spirax-Sarco Engineering Pink Sheet history
Spirax-Sarco Engineering 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-Sarco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirax-Sarco Engineering 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 Engineering stock prices may prove useful in developing a viable investing in Spirax-Sarco Engineering
Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. Spirax-Sarco Engineering plc was founded in 1888 and is headquartered in Cheltenham, the United Kingdom. SPIRAX SARCO operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 9200 people.
Spirax-Sarco Engineering Pink Sheet Technical Analysis
Spirax-Sarco Engineering technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Spirax-Sarco Engineering Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Spirax Sarco Engineering PLC cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Engineering November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Spirax-Sarco Engineering pink sheet 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 Engineering shares will generate the highest return on investment. By undertsting and applying Spirax-Sarco Engineering pink sheet market strength indicators, traders can identify Spirax Sarco Engineering PLC entry and exit signals to maximize returns
Spirax-Sarco Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spirax-Sarco Engineering's price direction in advance. Along with the technical and fundamental analysis of Spirax-Sarco Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spirax-Sarco 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.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (1.18) |
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Additional Tools for Spirax-Sarco Pink Sheet Analysis
When running Spirax-Sarco Engineering's price analysis, check to measure Spirax-Sarco Engineering'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 Engineering is operating at the current time. Most of Spirax-Sarco Engineering's value examination focuses on studying past and present price action to predict the probability of Spirax-Sarco Engineering'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 Engineering's price. Additionally, you may evaluate how the addition of Spirax-Sarco Engineering to your portfolios can decrease your overall portfolio volatility.