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SPIR

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--%
1d
1w
1m

Analysis and statistics

  • Open
    8.5045$
  • Previous Close
    8.7008$
  • 52 Week Change
    14.57$
  • Day Range
    -0.20$
  • 52 Week High/Low
    6.8526$ - 21.4259$
  • Dividend Per Share
    --
  • Market cap
    273 M$
  • EPS
    -1.8763
  • Beta
    2.389
  • Volume
    --

About

SPIR.US represents Spire Global, Inc., a space-to-cloud data and analytics company. They collect data using a constellation of nanosatellites in low Earth orbit. This data is then analyzed and sold to customers for applications like weather forecasting, maritime intelligence, and tracking aviation. Spire aims to provide global visibility and insights into various aspects of Earth, enabling businesses and organizations to make better informed decisions.

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Factors

S&P 500 performance: SPIR's price tends to correlate with the overall performance of the S&P 500 index as it aims to track it.

Economic data: Inflation reports, interest rate decisions, and GDP growth figures can influence investor sentiment and market movements, impacting SPIR.

Market sentiment: Broad investor confidence or fear can drive buying or selling pressure across the market, affecting even index-tracking ETFs like SPIR.

Expense ratio: A higher expense ratio compared to similar ETFs may make SPIR less attractive to some investors, potentially impacting its price slightly.

Trading volume: Higher trading volume typically indicates greater liquidity and investor interest, potentially leading to more stable price movements in SPIR.

Sector performance: Significant underperformance or outperformance of major sectors within the S&P 500 can indirectly affect SPIR's price.

Company performance: Earnings reports and outlooks from large companies within the S&P 500 (held by SPIR) will impact fund price.

Alternatives: The availability of other similar ETFs with lower expense ratios or slightly different tracking strategies can affect demand for SPIR.

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