Spire Global Stock Price Prediction

SPIR Stock  USD 16.17  0.16  1.00%   
The relative strength index (RSI) of Spire Global's share price is above 70 as of today. This usually implies that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Spire, making its price go up or down.

Oversold Vs Overbought

77

 
Oversold
 
Overbought
The successful prediction of Spire Global's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Spire Global and does not consider all of the tangible or intangible factors available from Spire Global's fundamental data. We analyze noise-free headlines and recent hype associated with Spire Global, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Spire Global's stock price prediction:
EPS Estimate Next Quarter
(0.34)
EPS Estimate Current Year
(1.20)
EPS Estimate Next Year
(0.60)
Wall Street Target Price
19.6
EPS Estimate Current Quarter
(0.68)
Using Spire Global hype-based prediction, you can estimate the value of Spire Global from the perspective of Spire Global response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Spire Global to buy its stock at a price that has no basis in reality. In that case, they are not buying Spire because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Spire Global after-hype prediction price

    
  USD 16.41  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Spire Global Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.
Intrinsic
Valuation
LowRealHigh
14.5520.7925.00
Details
Naive
Forecast
LowNextHigh
12.6116.8121.02
Details
6 Analysts
Consensus
LowTargetHigh
22.5224.7527.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.3-0.28-0.25
Details

Spire Global After-Hype Price Prediction Density Analysis

As far as predicting the price of Spire Global at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Spire Global or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Spire Global, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Spire Global Estimiated After-Hype Price Volatility

In the context of predicting Spire Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Spire Global's historical news coverage. Spire Global's after-hype downside and upside margins for the prediction period are 12.20 and 20.62, respectively. We have considered Spire Global's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
16.17
16.41
After-hype Price
20.62
Upside
Spire Global is not too volatile at this time. Analysis and calculation of next after-hype price of Spire Global is based on 3 months time horizon.

Spire Global Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Spire Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spire Global backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Spire Global, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.10 
4.24
  0.24 
  0.16 
11 Events / Month
6 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.17
16.41
1.48 
1,927  
Notes

Spire Global Hype Timeline

Spire Global is at this time traded for 16.17. The entity has historical hype elasticity of 0.24, and average elasticity to hype of competition of -0.16. Spire is forecasted to increase in value after the next headline, with the price projected to jump to 16.41 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 1.48%, whereas the daily expected return is at this time at 1.1%. The volatility of related hype on Spire Global is about 2944.44%, with the expected price after the next announcement by competition of 16.01. The company reported the previous year's revenue of 105.7 M. Net Loss for the year was (63.96 M) with profit before overhead, payroll, taxes, and interest of 39.94 M. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days.
Check out Spire Global Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.

Spire Global Related Hype Analysis

Having access to credible news sources related to Spire Global's direct competition is more important than ever and may enhance your ability to predict Spire Global's future price movements. Getting to know how Spire Global's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Spire Global may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
LICNLichen China Limited(0.01)2 per month 0.00 (0.06) 5.88 (7.98) 37.69 
UNFUnifirst 1.01 9 per month 1.28  0.02  2.78 (2.44) 10.96 
FAFirst Advantage Corp(0.58)9 per month 1.56 (0.04) 3.63 (3.01) 9.66 
PFMTPerformant Financial 0.09 10 per month 0.00 (0.1) 3.98 (4.43) 21.95 
NTIPNetwork 1 Technologies 0.00 3 per month 0.00 (0.07) 3.88 (4.37) 32.25 
RTORentokil Initial PLC 0.25 11 per month 0.00 (0.14) 2.40 (2.69) 22.43 
WHLMWilhelmina(0.16)10 per month 0.00 (0.12) 6.54 (8.01) 39.65 
MADGFMader Group Limited 0.00 0 per month 0.00 (0.11) 0.30  0.00  16.41 
MMSMaximus(2.69)10 per month 0.00 (0.27) 1.76 (2.50) 10.19 
CVEOCiveo Corp 0.65 8 per month 0.00 (0.17) 2.22 (3.21) 11.82 

Spire Global Additional Predictive Modules

Most predictive techniques to examine Spire price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Spire using various technical indicators. When you analyze Spire charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Spire Global Predictive Indicators

The successful prediction of Spire Global stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Spire Global, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Spire Global based on analysis of Spire Global hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Spire Global's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Spire Global's related companies.
 2021 2023 2024 (projected)
Payables Turnover3.215.310.45
Days Of Inventory On Hand27.4524.7121.27

Story Coverage note for Spire Global

The number of cover stories for Spire Global depends on current market conditions and Spire Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Spire Global is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Spire Global's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Spire Global Short Properties

Spire Global's future price predictability will typically decrease when Spire Global's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Spire Global often depends not only on the future outlook of the potential Spire Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Spire Global's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding19.6 M
Cash And Short Term Investments40.9 M

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.