Spire Global Stock Probability of Future Stock Price Finishing Over 9.9
| SPIR Stock | USD 11.80 0.49 4.33% |
Closest to current price Spire long CALL Option Payoff at Expiration
Spire |
Spire Global Target Price Odds to finish over 9.9
The tendency of Spire Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 9.90 in 90 days |
| 11.80 | 90 days | 9.90 | about 88.41 |
Based on a normal probability distribution, the odds of Spire Global to stay above $ 9.90 in 90 days from now is about 88.41 (This Spire Global probability density function shows the probability of Spire Stock to fall within a particular range of prices over 90 days) . Probability of Spire Global price to stay between $ 9.90 and its current price of $11.8 at the end of the 90-day period is about 47.61 .
Given the investment horizon of 90 days Spire Global has a beta of 0.62. This usually implies as returns on the market go up, Spire Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spire Global will be expected to be much smaller as well. Additionally Spire Global has an alpha of 0.8275, implying that it can generate a 0.83 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Spire Global Price Density |
| Price |
Predictive Modules for Spire Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spire Global. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spire Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Spire Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spire Global is not an exception. The market had few large corrections towards the Spire Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Spire Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spire Global within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.83 | |
β | Beta against NYSE Composite | 0.62 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | 0.10 |
Spire Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Spire Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spire Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spire Global had very high historical volatility over the last 90 days | |
| Spire Global has high likelihood to experience some financial distress in the next 2 years | |
| Spire Global was previously known as SIKRI Old and was traded on NASDAQ Exchange under the symbol SIKRI. | |
| The company reported the previous year's revenue of 105.7 M. Net Loss for the year was (63.96 M) with profit before overhead, payroll, taxes, and interest of 39.94 M. | |
| Spire Global currently holds about 93.09 M in cash with (23.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. | |
| Latest headline from zacks.com: Virgin Galactic Reports Q1 Loss, Lags Revenue Estimates |
Spire Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Spire Stock often depends not only on the future outlook of the current and potential Spire Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Spire Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.6 M | |
| Cash And Short Term Investments | 40.9 M |
Spire Global Technical Analysis
Spire Global's future price can be derived by breaking down and analyzing its technical indicators over time. Spire Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spire Global. In general, you should focus on analyzing Spire Stock price patterns and their correlations with different microeconomic environments and drivers.
Spire Global Predictive Forecast Models
Spire Global's time-series forecasting models is one of many Spire Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Spire Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Spire Global
Checking the ongoing alerts about Spire Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spire Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spire Global had very high historical volatility over the last 90 days | |
| Spire Global has high likelihood to experience some financial distress in the next 2 years | |
| Spire Global was previously known as SIKRI Old and was traded on NASDAQ Exchange under the symbol SIKRI. | |
| The company reported the previous year's revenue of 105.7 M. Net Loss for the year was (63.96 M) with profit before overhead, payroll, taxes, and interest of 39.94 M. | |
| Spire Global currently holds about 93.09 M in cash with (23.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. | |
| Latest headline from zacks.com: Virgin Galactic Reports Q1 Loss, Lags Revenue Estimates |
Check out Spire Global Backtesting, Spire Global Valuation, Spire Global Correlation, Spire Global Hype Analysis, Spire Global Volatility, Spire Global History as well as Spire Global Performance. To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.