Spirit Aerosystems Holdings Stock Price on February 15, 2024
| SPR Stock | USD 30.51 0.48 1.55% |
Below is the normalized historical share price chart for Spirit Aerosystems Holdings extending back to November 21, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Spirit Aerosystems stands at 30.51, as last reported on the 20th of May, with the highest price reaching 31.03 and the lowest price hitting 30.32 during the day.
If you're considering investing in Spirit Stock, it is important to understand the factors that can impact its price. We consider Spirit Aerosystems very steady. Spirit Aerosystems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0347, which indicates the firm had a 0.0347% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spirit Aerosystems Holdings, which you can use to evaluate the volatility of the company. Please validate Spirit Aerosystems' Coefficient Of Variation of 3799.84, semi deviation of 2.35, and Risk Adjusted Performance of 0.0234 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
At this time, Spirit Aerosystems' Common Stock Total Equity is relatively stable compared to the past year. As of 05/20/2024, Capital Stock is likely to grow to about 1.2 M, while Common Stock Shares Outstanding is likely to drop slightly above 100.1 M. . At this time, Spirit Aerosystems' Price To Sales Ratio is relatively stable compared to the past year. As of 05/20/2024, Price Sales Ratio is likely to grow to 1.08, though Price Earnings Ratio is likely to grow to (5.22). Spirit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of November 2006 | 200 Day MA 26.7205 | 50 Day MA 33.055 | Beta 1.794 |
Spirit |
Sharpe Ratio = 0.0347
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| Cash | Small Risk | SPR | High Risk | Huge Risk |
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Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Spirit Aerosystems is performing at about 2% 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 Spirit Aerosystems by adding it to a well-diversified portfolio.
Price Book 10.9289 | Enterprise Value Ebitda 178.9374 | Price Sales 0.6586 | Shares Float 109.6 M | Wall Street Target Price 35.44 |
Spirit Aerosystems Valuation on February 15, 2024
It is possible to determine the worth of Spirit Aerosystems on a given historical date. On February 15, 2024 Spirit was worth 30.02 at the beginning of the trading date compared to the closed value of 30.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirit Aerosystems stock. Still, in general, we apply an absolute valuation method to find Spirit Aerosystems' 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 Spirit Aerosystems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirit Aerosystems' related companies.
| Open | High | Low | Close | Volume | |
| 30.60 | 30.81 | 29.35 | 29.79 | 2,926,808 | |
02/15/2024 | 30.02 | 30.72 | 30.00 | 30.27 | 2,262,089 |
| 30.13 | 30.31 | 29.91 | 30.17 | 2,422,241 |
| Backtest Spirit Aerosystems | | | Spirit Aerosystems History | | | Spirit Aerosystems Valuation | Previous | Next |
Spirit Aerosystems Trading Date Momentum on February 15, 2024
| On February 16 2024 Spirit Aerosystems Holdings was traded for 30.17 at the closing time. Highest Spirit Aerosystems's price during the trading hours was 30.31 and the lowest price during the day was 29.91 . The net volume was 2.4 M. The overall trading history on the 16th of February 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.33% . The trading price change to current price is 3.27% . |
Spirit Aerosystems Fundamentals Correlations and Trends
By evaluating Spirit Aerosystems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spirit Aerosystems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spirit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spirit Aerosystems Stock history
Spirit Aerosystems 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 Spirit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirit Aerosystems 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 Spirit Aerosystems stock prices may prove useful in developing a viable investing in Spirit Aerosystems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 106.6 M | 100.1 M | |
| Net Loss | -491.1 M | -466.6 M |
Spirit Aerosystems Quarterly Net Working Capital |
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Spirit Aerosystems Stock Technical Analysis
Spirit Aerosystems 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.
Price Boundaries
Spirit Aerosystems Period Price Range
Low | February 15, 2024
| High |
30.02 | 30.27 |
Spirit Aerosystems May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Spirit Aerosystems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spirit Aerosystems shares will generate the highest return on investment. By undertsting and applying Spirit Aerosystems stock market strength indicators, traders can identify Spirit Aerosystems Holdings entry and exit signals to maximize returns
| Accumulation Distribution | 53017.71 | |||
| Daily Balance Of Power | 0.3472 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 30.36 | |||
| Day Typical Price | 30.33 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.24 |
Spirit Aerosystems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spirit Aerosystems' price direction in advance. Along with the technical and fundamental analysis of Spirit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spirit 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 | 0.0234 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0678 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Aerosystems Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Spirit Stock analysis
When running Spirit Aerosystems' price analysis, check to measure Spirit Aerosystems' 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 Spirit Aerosystems is operating at the current time. Most of Spirit Aerosystems' value examination focuses on studying past and present price action to predict the probability of Spirit Aerosystems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Aerosystems' price. Additionally, you may evaluate how the addition of Spirit Aerosystems to your portfolios can decrease your overall portfolio volatility.
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Is Spirit Aerosystems' 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 Spirit Aerosystems. If investors know Spirit 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 Spirit Aerosystems 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 (0.21) | Earnings Share (8.41) | Revenue Per Share 57.75 | Quarterly Revenue Growth 0.19 | Return On Assets (0.06) |
The market value of Spirit Aerosystems is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Aerosystems' value that differs from its market value or its book value, called intrinsic value, which is Spirit Aerosystems' 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 Spirit Aerosystems' market value can be influenced by many factors that don't directly affect Spirit Aerosystems' 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 Spirit Aerosystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Aerosystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Aerosystems' 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.