Spire Inc Preferred Stock Price on July 30, 2024
SR-PA Preferred Stock | USD 24.63 0.02 0.08% |
If you're considering investing in Spire Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spire stands at 24.63, as last reported on the 29th of November, with the highest price reaching 24.77 and the lowest price hitting 24.60 during the day. At this point, Spire is very steady. Spire Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0804, which indicates the firm had a 0.0804% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spire Inc, which you can use to evaluate the volatility of the company. Please validate Spire's Semi Deviation of 0.3978, coefficient of variation of 922.27, and Risk Adjusted Performance of 0.0766 to confirm if the risk estimate we provide is consistent with the expected return of 0.0376%.
Spire Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spire |
Sharpe Ratio = 0.0804
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Estimated Market Risk
0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Spire is performing at about 6% 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.
Spire Valuation on July 30, 2024
It is possible to determine the worth of Spire on a given historical date. On July 30, 2024 Spire was worth 23.56 at the beginning of the trading date compared to the closed value of 23.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spire preferred stock. Still, in general, we apply an absolute valuation method to find Spire's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Spire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spire's related companies.
Open | High | Low | Close | Volume | |
23.55 | 23.59 | 23.47 | 23.58 | 19,802 | |
07/30/2024 | 23.56 | 23.66 | 23.56 | 23.66 | 7,477 |
23.73 | 23.77 | 23.05 | 23.29 | 204,268 |
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Spire Trading Date Momentum on July 30, 2024
On July 31 2024 Spire Inc was traded for 23.29 at the closing time. The highest daily price throughout the period was 23.77 and the lowest price was 23.05 . The daily volume was 204.3 K. The net trading volume on 07/31/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.56% . The trading price change to current closing price is 1.10% . |
Spire Inc Fundamentals Correlations and Trends
By evaluating Spire's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spire's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spire financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spire Preferred Stock history
Spire investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Spire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spire Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Spire stock prices may prove useful in developing a viable investing in Spire
Spire Inc., together with 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 Inc operates under UtilitiesRegulated Gas classification in the United States and is traded on NYQ Exchange. It employs 3710 people.
Spire Preferred Stock Technical Analysis
Spire technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Spire Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Spire November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Spire preferred 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 undertsting and applying Spire preferred stock market strength indicators, traders can identify Spire Inc entry and exit signals to maximize returns
Spire Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spire's price direction in advance. Along with the technical and fundamental analysis of Spire Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spire to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0766 | |||
Jensen Alpha | 0.0372 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.14) | |||
Treynor Ratio | 1.42 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Spire Preferred 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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