Spire Inc Stock Alpha and Beta Analysis
| SR Stock | USD 61.38 0.47 0.77% |
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 1.14 | Alpha 0.007355 | Risk 1.26 | Sharpe Ratio 0.0616 | Expected Return 0.0779 |
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 | 0.01 | β | 1.14 |
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 Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 58.99 with a coefficient of variation of 2.08. The daily time series for the period is distributed with a sample standard deviation of 1.23, arithmetic mean of 59.09, and mean deviation of 1.03. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Spire Declares Dividend | 01/26/2024 |
2 | Spire Inc. Stock Position Lowered by Commonwealth of Pennsylvania Public School Empls Retrmt SYS - MarketBeat | 02/12/2024 |
3 | Acquisition by Woodard Adam W of 620 shares of Spire subject to Rule 16b-3 | 02/21/2024 |
4 | California State Teachers Retirement System Has 3.36 Million Stock Holdings in Spire Inc. - Defense World | 03/12/2024 |
5 | Disposition of 1229 shares by Woodard Adam W. of Spire at 59.58 subject to Rule 16b-3 | 03/15/2024 |
6 | Spire Inc. Treasurer Sells 73223.82 in Stock - Defense World | 03/19/2024 |
7 | Spire expands board, adds Altec executive Sheri S. Cook | 04/01/2024 |
| Spire dividend paid on 2nd of April 2024 | 04/02/2024 |
8 | Estimating The Intrinsic Value Of Spire Inc. | 04/04/2024 |
9 | Spire to host FY24 second quarter earnings conference call on May 1 | 04/16/2024 |
10 | Disposition of tradable shares by Koonce Paul D of Spire subject to Rule 16b-3 | 04/22/2024 |
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 | 0.0641 | 0.0503 | Price To Sales Ratio | 1.11 | 1.0 | 0.67 |
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 |
Build Portfolio with Spire
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Spire Backtesting, Spire Valuation, Spire Correlation, Spire Hype Analysis, Spire Volatility, Spire History and analyze Spire Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary 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.
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