Spire Global Stock Forecast - Treynor Ratio
| SPIR Stock | USD 9.83 0.30 2.96% |
Spire Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Spire Global stock prices and determine the direction of Spire Global's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Spire Global's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Spire Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Spire Global's systematic risk associated with finding meaningful patterns of Spire Global fundamentals over time.
Check out Historical Fundamental Analysis of Spire Global to cross-verify your projections. Spire |
Open Interest Against 2024-04-19 Spire Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Spire Global's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Spire Global's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Spire Global stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Spire Global's open interest, investors have to compare it to Spire Global's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Spire Global is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Spire. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Spire Global cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Spire Global's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Spire Global's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Spire Global Volatility | Backtest Spire Global | Information Ratio |
Spire Global Trading Date Momentum
| On April 19 2024 Spire Global was traded for 9.83 at the closing time. The top price for the day was 10.62 and the lowest listed price was 9.75 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 5.70% . |
| Compare Spire Global to competition |
Other Forecasting Options for Spire Global
For every potential investor in Spire, whether a beginner or expert, Spire Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Spire Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Spire. Basic forecasting techniques help filter out the noise by identifying Spire Global's price trends.Spire Global Related Equities
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 Global stock to make a market-neutral strategy. Peer analysis of Spire Global could also be used in its relative valuation, which is a method of valuing Spire Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Spire Global Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Spire Global's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Spire Global's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Spire Global Market Strength Events
Market strength indicators help investors to evaluate how Spire Global 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 Global shares will generate the highest return on investment. By undertsting and applying Spire Global stock market strength indicators, traders can identify Spire Global entry and exit signals to maximize returns.
Spire Global Risk Indicators
The analysis of Spire Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Spire Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spire stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 5.03 | |||
| Semi Deviation | 7.32 | |||
| Standard Deviation | 8.07 | |||
| Variance | 65.13 | |||
| Downside Variance | 67.03 | |||
| Semi Variance | 53.53 | |||
| Expected Short fall | (5.38) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Spire Global is a strong investment it is important to analyze Spire Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spire Global's future performance. For an informed investment choice regarding Spire Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Spire Global to cross-verify your projections. To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary 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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Is Spire Global's industry 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 Spire Global. If investors know Spire 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 Spire Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.27) | Revenue Per Share 5.399 | Quarterly Revenue Growth 0.239 | Return On Assets (0.11) | Return On Equity (0.71) |
The market value of Spire Global is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire Global's value that differs from its market value or its book value, called intrinsic value, which is Spire 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 Spire Global's market value can be influenced by many factors that don't directly affect Spire 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 Spire Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire 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.