Spire Inc Stock Alpha and Beta Analysis
| SR Stock | USD 72.43 0.76 1.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Spire Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Spire over a specified time horizon. Remember, high Spire's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Spire's market risk premium analysis include:
Beta 0.69 | Alpha 0.1 | Risk 1.37 | Sharpe Ratio 0.14 | Expected Return 0.19 |
Spire Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Spire |
Spire Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Spire market risk premium is the additional return an investor will receive from holding Spire long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Spire. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Spire's performance over market.| α | 0.10 | β | 0.69 |
Spire expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Spire's Buy-and-hold return. Our buy-and-hold chart shows how Spire performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Spire Market Price Analysis
Market price analysis indicators help investors to evaluate how Spire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spire shares will generate the highest return on investment. By understating and applying Spire stock market price indicators, traders can identify Spire position entry and exit signals to maximize returns.
Spire Return and Market Media
The median price of Spire for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 65.69 with a coefficient of variation of 3.64. The daily time series for the period is distributed with a sample standard deviation of 2.41, arithmetic mean of 66.18, and mean deviation of 1.65. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 7152 shares by Steven Rasche of Spire subject to Rule 16b-3 | 09/13/2024 |
2 | Spire Inc. Shares Sold by ProShare Advisors LLC - MarketBeat | 09/23/2024 |
| Spire dividend paid on 2nd of October 2024 | 10/02/2024 |
3 | Avanos Medical Launches New CORGRIP SR | 11/05/2024 |
4 | Spire Appoints New Executive Vice President and Chief Financial Officer, and Vice President and Chief Accounting Officer | 11/18/2024 |
5 | Spire Q4 2024 Earnings Preview | 11/19/2024 |
6 | Spire Updates FY 2025 Earnings Guidance | 11/20/2024 |
7 | Spire Inc Q4 2024 Earnings Call Highlights Strong Earnings Growth and Strategic Investments | 11/21/2024 |
8 | Spire Full Year 2024 Earnings Revenues Disappoint | 11/22/2024 |
About Spire Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Spire or other stocks. Alpha measures the amount that position in Spire Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0557 | 0.0482 | 0.0503 | Price To Sales Ratio | 1.11 | 1.46 | 1.53 |
Spire Upcoming Company Events
As portrayed in its financial statements, the presentation of Spire's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spire's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Spire's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Spire. Please utilize our Beneish M Score to check the likelihood of Spire's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for Spire Stock Analysis
When running Spire's price analysis, check to measure Spire'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 is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire'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's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.