SR Spire stock Story

SR -  USA Stock  

USD 72.52  3.49  4.59%

It seems Spire will continue to recover much faster as its share price surged up 1.22% today. The company's current daily volatility is 1.9 percent, with a beta of -0.03 and an alpha of 0.06 over DOW. As many investors are getting excited about spire inc, it is fair to sum up Spire Inc. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over six months ago
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Is Spire (NYSE:SR) a good short term trade as volatility advances?
Spire Inc reports roughly 7.4 M in cash with 464.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. Macroaxis provides unbiased trade recommendation on Spire Inc that should be used to complement current analysts and expert consensus on Spire Inc. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon.
Investing in Spire, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Spire along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Spire'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. Please use the tools below to analyze the current value of Spire in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Spire. Your research has to be compared to or analyzed against Spire's peers to derive any actionable benefits. When done correctly, Spire's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Spire Inc.

How important is Spire's Liquidity

Spire financial leverage refers to using borrowed capital as a funding source to finance Spire Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Spire financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Spire's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Spire, but it might be worth checking our own buy vs. sell analysis

Spire Correlation with Peers

Investors in SR Spire can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Spire Inc. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Spire and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities SR Spire is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.
Please check volatility of SR Spire for more details

A Deeper Perspective

We consider Spire very steady. Spire Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0687, which indicates the firm had 0.0687% of return per unit of risk over the last month. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Spire Inc, which you can use to evaluate future volatility of the company. Please validate Spire Risk Adjusted Performance of 0.0484, coefficient of variation of 2764.29, and Semi Deviation of 1.63 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Spire is expecting lower volatility in December

Spire latest skewness advances over 1.04. Spire Inc has relatively low volatility with skewness of 1.04 and kurtosis of 4.45. However, we advise all investors to independently investigate Spire Inc to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Take On Spire

While many of the other players within the utilities—regulated gas industry are still a little expensive, even after the recent corrections, Spire may offer a potential longer-term growth to retail investors. In closing, as of the 17th of November 2020, our latest 30 days 'Buy-Sell' recommendation on the enterprise is Hold. We believe Spire is overvalued with below average probability of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Spire Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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