Spire Stock Performance

SR -  USA Stock  

USD 71.81  0.13  0.18%

The entity has a beta of 1.1255, which indicates a somewhat significant risk relative to the market. Let's try to break down what Spire's beta means in this case. Spire returns are very sensitive to returns on the market. As the market goes up or down, Spire is expected to follow. Even though it is essential to pay attention to Spire Inc current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Spire Inc exposes twenty-one different technical indicators, which can help you to evaluate its performance. Spire Inc has an expected return of -0.0765%. Please be advised to validate Spire coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Spire Inc performance from the past will be repeated at some point in the near future.

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 Spire Performance
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Over the last 90 days Spire Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Spire is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more

Spire Price Channel

Quick Ratio0.48
Fifty Two Week Low50.58
Target High Price84.00
Fifty Two Week High77.95
Payout Ratio88.68%
Trailing Annual Dividend Yield3.62%
Target Low Price71.00

Spire Relative Risk vs. Return Landscape

If you would invest  7,590  in Spire Inc on May 1, 2021 and sell it today you would lose (409.00)  from holding Spire Inc or give up 5.39% of portfolio value over 90 days. Spire Inc is generating negative expected returns and assumes 1.5116% volatility on return distribution over the 90 days horizon. Put differently, 12% of stocks are less risky than Spire on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 90-day total investment horizon Spire is expected to under-perform the market. In addition to that, the company is 2.04 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

Spire Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Spire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spire Inc, and traders can use it to determine the average amount a Spire'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 = -0.0506

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Estimated Market Risk
 1.51
  actual daily
 
 12 %
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1212
Expected Return
 -0.08
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 0 %
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Based on monthly moving average Spire is performing at about 0% 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 by adding it to a well-diversified portfolio.

About Spire Performance

To evaluate Spire Inc 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 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 Inc stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 ReportedProjected for 2021
Return on Investment 4.90  7.33 
Return on Average Assets 1.28  1.32 
Return on Average Equity 4.02  4.13 
Return on Invested Capital 0.06  0.06 
Return on Sales 0.17  0.18 
Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 3583 people.

Things to note about Spire Inc

Checking the ongoing alerts about Spire for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spire Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Spire Alerts

Equity Alerts and Improvement Suggestions

Spire Inc generates negative expected return over the last 90 days
The company reports 3.46 B of total liabilities with total debt to equity ratio (D/E) of 1.26, which is normal for its line of buisiness. Spire Inc has a current ratio of 0.68, implying that it has not enough working capital to pay out debt commitments in time.
Spire Inc has a strong financial position based on the latest SEC filings
Over 85.0% of Spire shares are owned by institutional investors
Additionally, take a look at World Market Map. Note that the Spire Inc information on this page should be used as a complementary analysis to other Spire's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Spire Stock analysis

When running Spire Inc 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 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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The market value of Spire Inc 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's value that differs from its market value or its book value, called intrinsic value, which is Spire'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's market value can be influenced by many factors that don't directly affect Spire Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine Spire value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire'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.