Sp Global Stock Market Value
| SPGI Stock | USD 413.37 1.26 0.31% |
| Symbol | SPGI |
SP Global Price To Book Ratio
Is SP 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 SP Global. If investors know SPGI 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 SP Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.367 | Dividend Share 3.6 | Earnings Share 8.24 | Revenue Per Share 39.249 | Quarterly Revenue Growth 0.073 |
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP 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 SP Global's market value can be influenced by many factors that don't directly affect SP 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 SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP 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.
SP Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SP Global's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SP Global.
| 01/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in SP Global on January 20, 2024 and sell it all today you would earn a total of 0.00 from holding SP Global or generate 0.0% return on investment in SP Global over 90 days. SP Global is related to or competes with MSCI, Nasdaq, Intercontinental, CME, Moodys, and FactSet Research. SP Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions i... More
SP Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SP Global's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SP Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 1.06 |
SP Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP Global's standard deviation. In reality, there are many statistical measures that can use SP Global historical prices to predict the future SP Global's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SP Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SP Global Backtested Returns
SP Global retains Efficiency (Sharpe Ratio) of -0.094, which indicates the firm had a -0.094% return per unit of price deviation over the last 3 months. SP Global exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SP Global's Mean Deviation of 0.7718, risk adjusted performance of (0.04), and Standard Deviation of 1.1 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.93, which indicates possible diversification benefits within a given portfolio. SP Global returns are very sensitive to returns on the market. As the market goes up or down, SP Global is expected to follow. SP Global has an expected return of -0.11%. Please make sure to validate SP Global standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if SP Global performance from the past will be repeated at some future date.
Auto-correlation | 0.29 |
Poor predictability
SP Global has poor predictability. Overlapping area represents the amount of predictability between SP Global time series from 20th of January 2024 to 5th of March 2024 and 5th of March 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SP Global price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current SP Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 36.61 |
SP Global lagged returns against current returns
Autocorrelation, which is SP Global stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SP Global's stock expected returns. We can calculate the autocorrelation of SP Global returns to help us make a trade decision. For example, suppose you find that SP Global has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SP Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SP Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP Global stock over time.
Current vs Lagged Prices |
| Timeline |
SP Global Lagged Returns
When evaluating SP Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP Global stock have on its future price. SP Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SP Global autocorrelation shows the relationship between SP Global stock current value and its past values and can show if there is a momentum factor associated with investing in SP Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:Check out SP Global Correlation, SP Global Volatility and SP Global Alpha and Beta module to complement your research on SP Global. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.