Spire Inc Preferred Stock Performance
| SR-PA Preferred Stock | USD 24.63 0.02 0.08% |
Spire has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.0286, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spire is expected to be smaller as well. Spire Inc right now has a risk of 0.47%. Please validate Spire jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Spire will be following its existing price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Spire Inc are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Spire is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 11.3 M | |
| Total Cashflows From Investing Activities | -546.7 M |
Spire |
Spire Relative Risk vs. Return Landscape
If you would invest 2,407 in Spire Inc on August 31, 2024 and sell it today you would earn a total of 56.00 from holding Spire Inc or generate 2.33% return on investment over 90 days. Spire Inc is currently producing 0.0376% returns and takes up 0.4675% volatility of returns over 90 trading days. Put another way, 4% of traded preferred stocks are less volatile than Spire, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
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 preferred 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 = 0.0804
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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 Fundamentals Growth
Spire Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Spire, and Spire 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 Preferred Stock performance.
| Return On Equity | 0.0926 | ||||
| Return On Asset | 0.0272 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 5.16 B | ||||
| Shares Outstanding | 50.68 M | ||||
| Price To Earning | 5.54 X | ||||
| Price To Sales | 1.79 X | ||||
| Revenue | 2.2 B | ||||
| EBITDA | 621.7 M | ||||
| Cash And Equivalents | 16 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 2.96 B | ||||
| Debt To Equity | 1.39 % | ||||
| Book Value Per Share | 49.91 X | ||||
| Cash Flow From Operations | 55 M | ||||
| Earnings Per Share | 4.04 X | ||||
| Total Asset | 10.08 B | ||||
About Spire Performance
By analyzing Spire's fundamental ratios, stakeholders can gain valuable insights into Spire's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Spire has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Spire has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Spire Inc performance evaluation
Checking the ongoing alerts about Spire for important developments is a great way to find new opportunities for your next move. Preferred 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 Inc has accumulated 2.96 B in total debt with debt to equity ratio (D/E) of 1.39, which is about average as compared to similar companies. Spire Inc has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spire until it has trouble settling it off, either with new capital or with free cash flow. So, Spire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spire Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spire to invest in growth at high rates of return. When we think about Spire's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from investing.com: Earnings call NJR surpasses NFEPS guidance for 4th consecutive year |
- Analyzing Spire'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's stock is overvalued or undervalued compared to its peers.
- Examining Spire'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spire's preferred stock. These opinions can provide insight into Spire's potential for growth and whether the stock is currently undervalued or overvalued.
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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