Spire Global Stock Equity Positions Weight

SPIR Stock

USD 14.16 0.39 2.68%

Spire Global fundamentals help investors to digest information that contributes to Spire Global's financial success or failures. It also enables traders to predict the movement of Spire Stock. The fundamental analysis module provides a way to measure Spire Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spire Global stock.

Short Long Term Debt Total Total Assets

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Spire Global Company Equity Positions Weight Analysis

Spire Global's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

Stock Percentage

% of Equities

in the fund

More About Equity Positions Weight | All Equity Analysis

Spire Equity Positions Weight Driver Correlations

Understanding the fundamental principles of building solid financial models for Spire Global is extremely important. It helps to project a fair market value of Spire Stock properly, considering its historical fundamentals such as Equity Positions Weight. Since Spire Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spire Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spire Global's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Deferred Long Term Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Short Term Investments	Net Invested Capital	Capital Stock	Net Working Capital	Capital Surpluse
Total Assets		0.96	0.97	0.06	-0.78	0.95	0.92	0.85	0.92	0.96	-0.7	1.0	0.79	0.97	0.72	0.35	-0.98	1.0	-0.98	0.87	-0.46
Total Stockholder Equity	0.96		0.89	-0.2	-0.61	0.83	0.78	0.67	0.81	1.0	-0.65	0.97	0.85	0.86	0.51	0.09	-0.92	0.95	-0.91	0.96	-0.32
Net Tangible Assets	0.97	0.89		0.27	-0.9	0.94	0.94	0.89	0.88	0.89	-0.63	0.95	0.65	0.95	0.81	0.5	-0.99	0.98	-1.0	0.73	-0.65
Net Debt	0.06	-0.2	0.27		-0.65	0.25	0.4	0.53	0.2	-0.18	0.0	0.0	-0.34	0.24	0.66	0.89	-0.19	0.11	-0.22	-0.42	-0.66
Retained Earnings	-0.78	-0.61	-0.9	-0.65		-0.86	-0.91	-0.93	-0.79	-0.62	0.54	-0.75	-0.34	-0.84	-0.92	-0.76	0.87	-0.82	0.88	-0.39	0.84
Accounts Payable	0.95	0.83	0.94	0.25	-0.86		0.96	0.94	0.96	0.83	-0.7	0.93	0.58	0.98	0.85	0.52	-0.95	0.95	-0.95	0.7	-0.57
Net Receivables	0.92	0.78	0.94	0.4	-0.91	0.96		0.98	0.93	0.78	-0.6	0.9	0.59	0.98	0.92	0.68	-0.93	0.93	-0.94	0.62	-0.56
Total Liab	0.85	0.67	0.89	0.53	-0.93	0.94	0.98		0.92	0.68	-0.63	0.82	0.49	0.95	0.95	0.75	-0.88	0.87	-0.89	0.51	-0.61
Deferred Long Term Liab	0.92	0.81	0.88	0.2	-0.79	0.96	0.93	0.92		0.82	-0.84	0.92	0.7	0.96	0.76	0.44	-0.91	0.92	-0.91	0.74	-0.43
Total Current Assets	0.96	1.0	0.89	-0.18	-0.62	0.83	0.78	0.68	0.82		-0.7	0.97	0.87	0.86	0.5	0.09	-0.92	0.95	-0.92	0.96	-0.33
Short Term Debt	-0.7	-0.65	-0.63	0.0	0.54	-0.7	-0.6	-0.63	-0.84	-0.7		-0.72	-0.65	-0.67	-0.36	-0.05	0.69	-0.7	0.68	-0.7	0.3
Intangible Assets	1.0	0.97	0.95	0.0	-0.75	0.93	0.9	0.82	0.92	0.97	-0.72		0.81	0.95	0.68	0.29	-0.98	0.99	-0.97	0.89	-0.43
Common Stock	0.79	0.85	0.65	-0.34	-0.34	0.58	0.59	0.49	0.7	0.87	-0.65	0.81		0.68	0.25	-0.05	-0.69	0.77	-0.69	0.93	0.09
Property Plant Equipment	0.97	0.86	0.95	0.24	-0.84	0.98	0.98	0.95	0.96	0.86	-0.67	0.95	0.68		0.85	0.54	-0.95	0.96	-0.96	0.74	-0.48
Current Deferred Revenue	0.72	0.51	0.81	0.66	-0.92	0.85	0.92	0.95	0.76	0.5	-0.36	0.68	0.25	0.85		0.88	-0.77	0.74	-0.79	0.29	-0.67
Long Term Debt	0.35	0.09	0.5	0.89	-0.76	0.52	0.68	0.75	0.44	0.09	-0.05	0.29	-0.05	0.54	0.88		-0.43	0.38	-0.46	-0.14	-0.58
Short Term Investments	-0.98	-0.92	-0.99	-0.19	0.87	-0.95	-0.93	-0.88	-0.91	-0.92	0.69	-0.98	-0.69	-0.95	-0.77	-0.43		-0.99	1.0	-0.79	0.61
Net Invested Capital	1.0	0.95	0.98	0.11	-0.82	0.95	0.93	0.87	0.92	0.95	-0.7	0.99	0.77	0.96	0.74	0.38	-0.99		-0.99	0.84	-0.51
Capital Stock	-0.98	-0.91	-1.0	-0.22	0.88	-0.95	-0.94	-0.89	-0.91	-0.92	0.68	-0.97	-0.69	-0.96	-0.79	-0.46	1.0	-0.99		-0.78	0.61
Net Working Capital	0.87	0.96	0.73	-0.42	-0.39	0.7	0.62	0.51	0.74	0.96	-0.7	0.89	0.93	0.74	0.29	-0.14	-0.79	0.84	-0.78		-0.07
Capital Surpluse	-0.46	-0.32	-0.65	-0.66	0.84	-0.57	-0.56	-0.61	-0.43	-0.33	0.3	-0.43	0.09	-0.48	-0.67	-0.58	0.61	-0.51	0.61	-0.07

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Predict Spire Global

According to the company disclosure, Spire Global has an Equity Positions Weight of 0.0%. This indicator is about the same for the Commercial Services & Supplies average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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Spire Global ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Spire Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spire Global's managers, analysts, and investors.

Environmental

Governance

Social

Spire Fundamentals

	Return On Equity	-0.8
	Return On Asset	-0.1
	Profit Margin	(0.67) %
	Operating Margin	(0.55) %
	Current Valuation	425.87 M
	Shares Outstanding	24.32 M
	Shares Owned By Insiders	8.04 %
	Shares Owned By Institutions	36.54 %
	Number Of Shares Shorted	2.3 M
	Price To Earning	(0.01) X
	Price To Book	4.21 X
	Price To Sales	3.30 X
	Revenue	105.7 M
	Gross Profit	39.94 M
	EBITDA	(23.69 M)
	Net Income	(63.96 M)
	Cash And Equivalents	93.09 M
	Cash Per Share	0.67 X
	Total Debt	130.7 M
	Debt To Equity	0.80 %
	Current Ratio	4.22 X
	Book Value Per Share	3.51 X
	Cash Flow From Operations	(23.62 M)
	Short Ratio	7.30 X
	Earnings Per Share	(3.45) X
	Target Price	19.6
	Number Of Employees	430
	Beta	1.97
	Market Capitalization	353.82 M
	Total Asset	246.82 M
	Retained Earnings	(402.6 M)
	Working Capital	27.79 M
	Current Asset	8.58 M
	Current Liabilities	10.29 M
	Net Asset	246.82 M

About Spire Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spire Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spire Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spire Global 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.

Please read more on our fundamental analysis page.

Pair Trading with Spire Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spire Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spire Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spire Stock

0.9	G	Genpact Limited	Pair Corr
0.86	BR	Broadridge Financial	Pair Corr

Moving against Spire Stock

0.76	BCO	Brinks Company	Pair Corr
0.75	FC	Franklin Covey	Pair Corr
0.72	MG	Mistras Group	Pair Corr
0.68	VCIG	VCI Global Limited	Pair Corr
0.63	EXPO	Exponent	Pair Corr

The ability to find closely correlated positions to Spire Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spire Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spire Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spire Global to buy it.

The correlation of Spire Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spire Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Spire Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

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