Spire Global Stock Performance
| SPIR Stock | USD 9.81 0.17 1.70% |
On a scale of 0 to 100, Spire Global holds a performance score of 8. The entity has a beta of -0.0129, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Spire Global are expected to decrease at a much lower rate. During the bear market, Spire Global is likely to outperform the market. Please check Spire Global's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Spire Global's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Spire Global are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain forward indicators, Spire Global reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.30) | Five Day Return (8.03) | Year To Date Return 27.26 | Ten Year Return (87.31) | All Time Return 109.57 |
Last Split Factor 1:8 | Last Split Date 2023-08-31 |
1 | Spire Global and Signal Ocean Collaborate to Drive Digitalization of the Maritime Economy Signal Ocean to Make 10 Million Strategic Investment in Spire Global | 02/08/2024 |
2 | Sale by Peter Platzer of 12534 shares of Spire Global | 02/23/2024 |
3 | Insider Selling Spire Global, Inc. CEO Sells 142762.26 in Stock - AmericanBankingNEWS | 02/26/2024 |
4 | SPIR Stock Earnings Spire Global Beats EPS, Misses Revenue for Q4 2023 | 03/07/2024 |
5 | SPIR Stock Alert Nvidia Just Gave Spire Global a Huge Boost | 03/19/2024 |
6 | Spire Global, Inc. Hit a 52 Week High, Can the Run Continue | 03/20/2024 |
7 | Spire Global Announces Registered Direct Offering of 30 Million | 03/21/2024 |
8 | Spire Global price target cut by analyst to reflect share dilution impact | 03/22/2024 |
9 | Spire Global enters into space services deal with HANCOM | 03/27/2024 |
10 | Acquisition by Porteous William of 1971 shares of Spire Global at 11.6 subject to Rule 16b-3 | 04/01/2024 |
11 | Spire Global bets on AI to help improve weather forecasts, with boost from Nvidia | 04/05/2024 |
12 | Here are Fridays biggest analyst calls Apple, Amazon, Tesla, Microsoft, Boeing, First Solar more | 04/12/2024 |
| Begin Period Cash Flow | 47.2 M |
Spire |
Spire Global Relative Risk vs. Return Landscape
If you would invest 696.00 in Spire Global on January 24, 2024 and sell it today you would earn a total of 285.00 from holding Spire Global or generate 40.95% return on investment over 90 days. Spire Global is currently generating 0.8856% in daily expected returns and assumes 8.1841% risk (volatility on return distribution) over the 90 days horizon. In different words, 72% of stocks are less volatile than Spire, and 83% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Spire Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spire Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spire Global, and traders can use it to determine the average amount a Spire Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1082
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.18 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Spire Global is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spire Global by adding it to a well-diversified portfolio.
Spire Global Fundamentals Growth
Spire Stock prices reflect investors' perceptions of the future prospects and financial health of Spire Global, and Spire Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spire Stock performance.
| Return On Equity | -0.71 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (0.61) % | ||||
| Operating Margin | (0.33) % | ||||
| Current Valuation | 310.7 M | ||||
| Shares Outstanding | 24.32 M | ||||
| Price To Earning | (0.01) X | ||||
| Price To Book | 3.76 X | ||||
| Price To Sales | 2.51 X | ||||
| Revenue | 105.7 M | ||||
| Gross Profit | 39.94 M | ||||
| EBITDA | (22.75 M) | ||||
| Net Income | (63.96 M) | ||||
| Cash And Equivalents | 93.09 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 130.7 M | ||||
| Debt To Equity | 0.80 % | ||||
| Current Ratio | 4.22 X | ||||
| Book Value Per Share | 3.34 X | ||||
| Cash Flow From Operations | (23.62 M) | ||||
| Earnings Per Share | (3.27) X | ||||
| Market Capitalization | 242.67 M | ||||
| Total Asset | 264.45 M | ||||
| Retained Earnings | (402.6 M) | ||||
| Working Capital | 27.79 M | ||||
| Current Asset | 8.58 M | ||||
| Current Liabilities | 10.29 M | ||||
About Spire Global Performance
To evaluate Spire Global Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Spire Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Spire Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Spire Global market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Spire's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 24.71 | 21.27 | |
| Return On Tangible Assets | (0.35) | (0.37) | |
| Return On Capital Employed | (0.20) | (0.21) | |
| Return On Assets | (0.24) | (0.25) | |
| Return On Equity | (0.91) | (0.86) |
Things to note about Spire Global performance evaluation
Checking the ongoing alerts about Spire Global for important developments is a great way to find new opportunities for your next move. 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 is way too risky over 90 days horizon | |
| Spire Global appears to be risky and price may revert if volatility continues | |
| 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. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from cnbc.com: Here are Fridays biggest analyst calls Apple, Amazon, Tesla, Microsoft, Boeing, First Solar more |
- Analyzing Spire Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spire Global's stock is overvalued or undervalued compared to its peers.
- Examining Spire Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spire Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spire Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spire Global's stock. These opinions can provide insight into Spire Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.