Spirax Sarco Engineering Plc Stock Today
| SPXSF Stock | USD 119.70 1.30 1.07% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Spirax-Sarco Engineering is trading at 119.70 as of the 18th of April 2024. This is a -1.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 119.7. Spirax-Sarco Engineering has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Spirax Sarco Engineering plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of December 2023 and ending today, the 18th of April 2024. Click here to learn more.
Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. Spirax-Sarco Engineering plc was founded in 1888 and is headquartered in Cheltenham, the United Kingdom. The company has 73.77 M outstanding shares. More on Spirax Sarco Engineering plc
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Follow Valuation Odds of Bankruptcy
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Spirax-Sarco Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Spirax-Sarco Engineering's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spirax-Sarco Engineering or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Executive Director | Nicholas Anderson |
| Business Concentration | Specialty Industrial Machinery, Industrials (View all Sectors) |
Spirax Sarco Engineering plc [SPXSF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spirax-Sarco Engineering's market, we take the total number of its shares issued and multiply it by Spirax-Sarco Engineering's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Spirax-Sarco Engineering classifies itself under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 73.77 M outstanding shares.
Spirax Sarco Engineering plc has accumulated about 304.9 M in cash with 273.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.14.
Check Spirax-Sarco Engineering Probability Of Bankruptcy
Ownership AllocationSpirax-Sarco Engineering maintains a total of 73.77 Million outstanding shares. The majority of Spirax-Sarco Engineering outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Spirax-Sarco Engineering to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Spirax-Sarco Engineering. Please pay attention to any change in the institutional holdings of Spirax Sarco Engineering plc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Spirax-Sarco Ownership Details
Spirax-Sarco Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Spirax-Sarco Engineering jumping above the current price in 90 days from now is about 97.0%. The Spirax Sarco Engineering plc probability density function shows the probability of Spirax-Sarco Engineering pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Spirax-Sarco Engineering has a beta of 0.2613. This usually implies as returns on the market go up, Spirax-Sarco Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spirax Sarco Engineering plc will be expected to be much smaller as well. Additionally, spirax Sarco Engineering plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Spirax-Sarco Engineering to move above the current price in 90 days from now is about 97.0 (This Spirax Sarco Engineering plc probability density function shows the probability of Spirax-Sarco Pink Sheet to fall within a particular range of prices over 90 days) .
Spirax-Sarco Engineering Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Spirax-Sarco Engineering market risk premium is the additional return an investor will receive from holding Spirax-Sarco Engineering 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 Spirax-Sarco Engineering. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Spirax-Sarco Engineering's alpha and beta are two of the key measurements used to evaluate Spirax-Sarco Engineering's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7027 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.47 | |||
| Risk Adjusted Performance | (0.01) |
Spirax-Sarco Stock Against Markets
Picking the right benchmark for Spirax-Sarco Engineering pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Spirax-Sarco Engineering pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Spirax-Sarco Engineering is critical whether you are bullish or bearish towards Spirax Sarco Engineering plc at a given time. Please also check how Spirax-Sarco Engineering's historical prices are related to one of the top price index indicators.
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Spirax-Sarco Engineering Corporate Directors
Spirax-Sarco Engineering corporate directors refer to members of a Spirax-Sarco Engineering board of directors. The board of directors generally takes responsibility for the Spirax-Sarco Engineering's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Spirax-Sarco Engineering's board members must vote for the resolution. The Spirax-Sarco Engineering board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kevin Boyd | Group Finance Director, Executive Director | Profile | |
| Caroline Johnstone | Independent Non-Executive Director | Profile | |
| James Whalen | Executive Director | Profile | |
| Neil Daws | Executive Director, Asia Pacific and Supply, Director | Profile |
How to buy Spirax-Sarco Pink Sheet?
Before investing in Spirax-Sarco Engineering, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Spirax-Sarco Engineering. To buy Spirax-Sarco Engineering stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Spirax-Sarco Engineering. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Spirax-Sarco Engineering stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Spirax Sarco Engineering plc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Spirax Sarco Engineering plc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Spirax Sarco Engineering plc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Spirax Sarco Engineering plc?
The danger of trading Spirax Sarco Engineering plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Spirax-Sarco Engineering is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Spirax-Sarco Engineering. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spirax-Sarco Engineering is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirax Sarco Engineering plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Spirax-Sarco Pink Sheet analysis
When running Spirax-Sarco Engineering's price analysis, check to measure Spirax-Sarco Engineering'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 Spirax-Sarco Engineering is operating at the current time. Most of Spirax-Sarco Engineering's value examination focuses on studying past and present price action to predict the probability of Spirax-Sarco Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirax-Sarco Engineering's price. Additionally, you may evaluate how the addition of Spirax-Sarco Engineering to your portfolios can decrease your overall portfolio volatility.
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