S&P Global Inc (SPGI)
S&P Global Inc. is a leading provider of financial information and analytics, headquartered in Manhattan, New York City. With a robust portfolio that includes credit ratings, benchmarks, and analytics, the company serves a diverse range of clients across the global financial market. S&P Global's expertise in assessing market trends and providing data-driven insights positions it as an essential player in the evaluation and forecasting of economic activity, making it a critical resource for institutional investors seeking to navigate complex investment landscapes. The firm's commitment to transparency and innovation enhances its reputation as a trusted authority in financial intelligence.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 18.84% per annum.
- SPGI price at the close of February 10, 2026 was $401.08 and was lower than the bottom border of the primary price channel by $123.56 (23.55%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.21% per annum.
- SPGI price at the close of February 10, 2026 was lower than the bottom border of the secondary price channel by $68.76 (14.63%). This indicates a possible reversal in the secondary trend direction.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SPGI price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 5, 2022
End date: September 17, 2025
a = 5.5212
b = 0.0005
s = 0.0607
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 18.84%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0607) – 1
= 27.48%
May 5, 2022 calculations
Top border of price channel:
Exp(Y310)
= Exp(a + b × X310 + 2 × s)
= Exp(a + b × 448 + 2 × s)
= Exp(5.5212 + 0.0005 × 448 + 2 × 0.0607)
= Exp(5.8544)
= $348.77
Bottom border of price channel:
Exp(Y310)
= Exp(a + b × X310 – 2 × s)
= Exp(a + b × 448 – 2 × s)
= Exp(5.5212 + 0.0005 × 448 – 2 × 0.0607)
= Exp(5.6116)
= $273.58
September 17, 2025 calculations
Top border of price channel:
Exp(Y1,154)
= Exp(a + b × X1,154 + 2 × s)
= Exp(a + b × 1,679 + 2 × s)
= Exp(5.5212 + 0.0005 × 1,679 + 2 × 0.0607)
= Exp(6.4365)
= $624.22
Bottom border of price channel:
Exp(Y1,154)
= Exp(a + b × X1,154 – 2 × s)
= Exp(a + b × 1,679 – 2 × s)
= Exp(5.5212 + 0.0005 × 1,679 – 2 × 0.0607)
= Exp(6.1937)
= $489.64
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 18.84% per annum.
- SPGI price at the close of February 10, 2026 was $401.08 and was lower than the bottom border of the primary price channel by $123.56 (23.55%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: July 12, 2024
End date: February 9, 2026
a = 6.1339
b = 0.0001
s = 0.0455
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 2.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0455) – 1
= 19.96%
July 12, 2024 calculations
Top border of price channel:
Exp(Y858)
= Exp(a + b × X858 + 2 × s)
= Exp(a + b × 1,247 + 2 × s)
= Exp(6.1339 + 0.0001 × 1,247 + 2 × 0.0455)
= Exp(6.2997)
= $544.41
Bottom border of price channel:
Exp(Y858)
= Exp(a + b × X858 – 2 × s)
= Exp(a + b × 1,247 – 2 × s)
= Exp(6.1339 + 0.0001 × 1,247 – 2 × 0.0455)
= Exp(6.1177)
= $453.82
February 9, 2026 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(6.1339 + 0.0001 × 1,824 + 2 × 0.0455)
= Exp(6.3343)
= $563.59
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(6.1339 + 0.0001 × 1,824 – 2 × 0.0455)
= Exp(6.1523)
= $469.81
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.21% per annum.
- SPGI price at the close of February 10, 2026 was lower than the bottom border of the secondary price channel by $68.76 (14.63%). This indicates a possible reversal in the secondary trend direction.