Sp Global Stock Market Value
| SPGI Stock | USD 514.46 3.09 0.60% |
| Symbol | SPGI |
SP Global Price To Book Ratio
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SP Global. If investors know SPGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SP Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.335 | Dividend Share 3.63 | Earnings Share 11.35 | Revenue Per Share 43.945 | Quarterly Revenue Growth 0.159 |
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Global's market value can be influenced by many factors that don't directly affect SP Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
SP Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SP Global's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SP Global.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in SP Global on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding SP Global or generate 0.0% return on investment in SP Global over 600 days. SP Global is related to or competes with MSCI, Nasdaq, Intercontinental, CME, Moodys, and FactSet Research. SP Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions i... More
SP Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SP Global's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SP Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.45 |
SP Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP Global's standard deviation. In reality, there are many statistical measures that can use SP Global historical prices to predict the future SP Global's volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0703 |
SP Global Backtested Returns
SP Global is very steady at the moment. SP Global retains Efficiency (Sharpe Ratio) of 0.0462, which indicates the firm had a 0.0462% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for SP Global, which you can use to evaluate the volatility of the company. Please validate SP Global's Mean Deviation of 0.7511, downside deviation of 1.03, and Risk Adjusted Performance of 0.037 to confirm if the risk estimate we provide is consistent with the expected return of 0.046%. SP Global has a performance score of 3 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SP Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding SP Global is expected to be smaller as well. SP Global at this moment owns a risk of 0.99%. Please validate SP Global value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if SP Global will be following its current price history.
Auto-correlation | 0.44 |
Average predictability
SP Global has average predictability. Overlapping area represents the amount of predictability between SP Global time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SP Global price movement. The serial correlation of 0.44 indicates that just about 44.0% of current SP Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1477.37 |
SP Global lagged returns against current returns
Autocorrelation, which is SP Global stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SP Global's stock expected returns. We can calculate the autocorrelation of SP Global returns to help us make a trade decision. For example, suppose you find that SP Global has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SP Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SP Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP Global stock over time.
Current vs Lagged Prices |
| Timeline |
SP Global Lagged Returns
When evaluating SP Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP Global stock have on its future price. SP Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SP Global autocorrelation shows the relationship between SP Global stock current value and its past values and can show if there is a momentum factor associated with investing in SP Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:Check out SP Global Correlation, SP Global Volatility and SP Global Alpha and Beta module to complement your research on SP Global. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
SP Global 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.