Smart Competitors
| EM Stock | USD 1.16 0.02 1.69% |
Smart Share vs Carvana Correlation
Very good diversification
The correlation between Smart Share Global and CVNA is -0.47 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Smart Share Global and CVNA in the same portfolio, assuming nothing else is changed.
Moving together with Smart Stock
Moving against Smart Stock
| 0.89 | SGR | The Star Entertainment | PairCorr |
| 0.83 | BH | Biglari Holdings | PairCorr |
| 0.36 | AEG | Aegis Brands | PairCorr |
| 0.34 | CDROW | Codere Online Luxembourg | PairCorr |
Smart Share Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Smart Share and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Smart and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Smart Share Global does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Smart Stock performing well and Smart Share Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Smart Share's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NKE | 1.75 | 0.02 | 0.01 | 0.07 | 2.42 | 3.88 | 14.43 | |||
| SE | 2.18 | (0.57) | 0.00 | (1.00) | 0.00 | 3.54 | 12.22 | |||
| ABNB | 1.37 | (0.04) | (0.02) | 0.02 | 2.17 | 2.77 | 10.66 | |||
| ORLY | 0.97 | (0.05) | 0.00 | (0.06) | 0.00 | 1.92 | 7.73 | |||
| RCL | 2.31 | 0.22 | 0.12 | 0.18 | 2.06 | 6.28 | 24.81 | |||
| RACE | 1.47 | (0.16) | 0.00 | (0.14) | 0.00 | 2.69 | 7.22 | |||
| MAR | 1.26 | 0.24 | 0.19 | 0.27 | 0.98 | 3.31 | 9.52 | |||
| MELI | 1.70 | (0.11) | 0.00 | (0.06) | 0.00 | 3.52 | 12.41 | |||
| CMG | 1.58 | 0.20 | 0.12 | 0.22 | 1.64 | 4.22 | 10.79 | |||
| CVNA | 2.84 | 0.06 | 0.02 | 0.10 | 4.15 | 6.14 | 26.23 |
Cross Equities Net Income Analysis
Compare Smart Share Global and related stocks such as Nike Inc, Sea, and Airbnb Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NKE | 59.2 M | 2.2 B | 2.5 B | 2.7 B | 3.3 B | 3.8 B | 4.2 B | 1.9 B | 4 B | 2.5 B | 5.7 B | 6 B | 5.1 B | 5.7 B | 3.2 B | 3.7 B | 2 B |
| SE | (88.4 M) | (88.4 M) | (88.4 M) | (88.4 M) | (88.4 M) | (103.4 M) | (222.9 M) | (560.5 M) | (961.2 M) | (1.5 B) | (1.6 B) | (2 B) | (1.7 B) | 150.7 M | 444.3 M | 399.9 M | 419.9 M |
| ABNB | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (16.9 M) | (674.3 M) | (4.6 B) | (352 M) | 1.9 B | 4.8 B | 2.6 B | 3 B | 3.2 B |
| ORLY | 8.2 M | 507.7 M | 585.7 M | 670.3 M | 778.2 M | 931.2 M | 1 B | 1.1 B | 1.3 B | 1.4 B | 1.8 B | 2.2 B | 2.2 B | 2.3 B | 2.4 B | 2.5 B | 2.7 B |
| RCL | 4.3 M | 607.4 M | 18.3 M | 473.7 M | 764.1 M | 665.8 M | 1.3 B | 1.6 B | 1.8 B | 1.9 B | (5.8 B) | (5.3 B) | (2.2 B) | 1.7 B | 2.9 B | 4.3 B | 4.5 B |
| RACE | 225.4 M | 225.4 M | 225.4 M | 240.8 M | 261.4 M | 287.8 M | 398.8 M | 535.4 M | 784.7 M | 695.8 M | 607.8 M | 830.8 M | 932.6 M | 1.3 B | 1.5 B | 1.6 B | 1.7 B |
| MAR | 324 M | 198 M | 571 M | 626 M | 753 M | 859 M | 808 M | 1.5 B | 1.9 B | 1.3 B | (267 M) | 1.1 B | 2.4 B | 3.1 B | 2.4 B | 2.6 B | 2.7 B |
| MELI | (2.5 M) | 76.8 M | 101.2 M | 117.5 M | 72.6 M | 105.8 M | 136.4 M | 13.8 M | (36.6 M) | (172 M) | (1000 K) | 83 M | 482 M | 987 M | 1.9 B | 2.2 B | 2.3 B |
| CMG | (24 M) | 214.9 M | 278 M | 327.4 M | 445.4 M | 475.6 M | 22.9 M | 176.3 M | 176.6 M | 350.2 M | 355.8 M | 653 M | 899.1 M | 1.2 B | 1.5 B | 1.5 B | 1.6 B |
| CVNA | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (4 M) | (93.1 M) | (18.3 M) | (61.8 M) | (114.7 M) | (171.1 M) | (135 M) | (1.6 B) | 450 M | 210 M | 189 M | 198.4 M |
Smart Share Global and related stocks such as Nike Inc, Sea, and Airbnb Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Smart Share Global financial statement analysis. It represents the amount of money remaining after all of Smart Share Global operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Smart Share Competitive Analysis
The better you understand Smart Share competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Smart Share's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Smart Share's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Smart Share Competition Performance Charts
Five steps to successful analysis of Smart Share Competition
Smart Share's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Smart Share Global in relation to its competition. Smart Share's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Smart Share in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Smart Share's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Smart Share Global, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Smart Share position
In addition to having Smart Share in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
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Check out Smart Share Correlation with its peers. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Will Hotels, Restaurants & Leisure sector continue expanding? Could Smart diversify its offerings? Factors like these will boost the valuation of Smart Share. Projected growth potential of Smart fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Smart Share data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.91) | Earnings Share (0.01) | Revenue Per Share | Quarterly Revenue Growth 0.117 | Return On Assets |
Smart Share Global's market price often diverges from its book value, the accounting figure shown on Smart's balance sheet. Smart investors calculate Smart Share's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Smart Share's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Smart Share's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Smart Share should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Smart Share'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.