Sp Global Stock Alpha and Beta Analysis
| SPGI Stock | USD 412.56 0.81 0.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SP Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in SP Global over a specified time horizon. Remember, high SP Global's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SP Global's market risk premium analysis include:
Beta 0.039 | Alpha (0.12) | Risk 1.11 | Sharpe Ratio (0.1) | Expected Return (0.11) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
SPGI |
SP Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SP Global market risk premium is the additional return an investor will receive from holding SP Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SP Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SP Global's performance over market.| α | -0.12 | β | 0.04 |
SP Global expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SP Global's Buy-and-hold return. Our buy-and-hold chart shows how SP Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SP Global Market Price Analysis
Market price analysis indicators help investors to evaluate how SP Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Global shares will generate the highest return on investment. By understating and applying SP Global stock market price indicators, traders can identify SP Global position entry and exit signals to maximize returns.
SP Global Return and Market Media
The median price of SP Global for the period between Sun, Jan 21, 2024 and Sat, Apr 20, 2024 is 427.09 with a coefficient of variation of 2.8. The daily time series for the period is distributed with a sample standard deviation of 12.02, arithmetic mean of 429.9, and mean deviation of 9.37. The Stock did not receive any noticable media coverage during the period.About SP Global Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SPGI or other stocks. Alpha measures the amount that position in SP Global has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
SP Global Upcoming Company Events
As portrayed in its financial statements, the presentation of SP Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SP Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SP Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SP Global. Please utilize our Beneish M Score to check the likelihood of SP Global's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with SP Global
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out SP Global Backtesting, SP Global Valuation, SP Global Correlation, SP Global Hype Analysis, SP Global Volatility, SP Global History and analyze SP Global Performance. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.Note that the SP Global information on this page should be used as a complementary analysis to other SP Global'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 the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for SPGI Stock analysis
When running SP Global's price analysis, check to measure SP 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 SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP 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 SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
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SP Global technical 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, stock market cycles, or different charting patterns.