Spire Healthcare Group Hits New 12-Month Low - Should You Sell - MarketBeat
| SPI Stock | 225.50 6.00 2.73% |
About 55% of Spire Healthcare's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Spire Healthcare Group stock suggests that some investors are interested at this time. The current market sentiment, together with Spire Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use Spire Healthcare stock news signals to limit their universe of possible portfolio assets.
Spire Healthcare stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Spire daily returns and investor perception about the current price of Spire Healthcare Group as well as its diversification or hedging effects on your existing portfolios.
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Spire Healthcare Group Hits New 12-Month Low - Should You Sell MarketBeat
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Spire Healthcare Fundamental Analysis
We analyze Spire Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spire Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spire Healthcare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Spire Healthcare is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Spire Healthcare Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Spire Healthcare stock to make a market-neutral strategy. Peer analysis of Spire Healthcare could also be used in its relative valuation, which is a method of valuing Spire Healthcare by comparing valuation metrics with similar companies.
Peers
Spire Healthcare Related Equities
| 0RUK | MOL Hungarian | 10.18 | ||||
| HYUD | Hyundai | 0.36 | ||||
| RIGD | Reliance Industries | 0.17 | ||||
| SMSN | Samsung Electronics | 1.11 | ||||
| SMSD | Samsung Electronics | 2.33 | ||||
| TYT | Toyota | 4.24 | ||||
| HSBK | Halyk Bank | 5.03 | ||||
| 0M69 | OTP Bank | 40.30 |
Complementary Tools for Spire Stock analysis
When running Spire Healthcare's price analysis, check to measure Spire Healthcare'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 Healthcare is operating at the current time. Most of Spire Healthcare's value examination focuses on studying past and present price action to predict the probability of Spire Healthcare'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 Healthcare's price. Additionally, you may evaluate how the addition of Spire Healthcare to your portfolios can decrease your overall portfolio volatility.
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