Smart Competitors
| SND Stock | USD 4.91 0.26 5.59% |
Smart Sand vs Emeren Correlation
Very good diversification
The correlation between Smart Sand and SOL is -0.48 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Smart Sand and SOL in the same portfolio, assuming nothing else is changed.
Moving together with Smart Stock
| 0.66 | AT | Ashtead Technology | PairCorr |
| 0.69 | E1V | Eidesvik Offshore ASA | PairCorr |
| 0.78 | CLB | Core Laboratories | PairCorr |
| 0.82 | DTI | Drilling Tools Inter | PairCorr |
Moving against Smart Stock
The current year's Return On Equity is expected to grow to 0.01, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Smart Sand's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.03, whereas Net Tangible Assets are forecasted to decline to about 184.9 M.Smart Sand Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Smart Sand 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 Sand 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 Sand 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 Sand'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LSE | 2.81 | (0.28) | 0.00 | (0.10) | 0.00 | 6.68 | 21.01 | |||
| SLNG | 2.25 | 0.20 | 0.04 | 4.70 | 2.71 | 5.67 | 22.03 | |||
| NCSM | 2.01 | (0.18) | 0.00 | (0.15) | 0.00 | 4.72 | 11.09 | |||
| DTI | 4.85 | 0.93 | 0.19 | 1.66 | 4.22 | 10.80 | 22.79 | |||
| MMLP | 2.22 | 0.18 | 0.03 | 3.23 | 2.62 | 6.25 | 19.26 | |||
| ZEO | 4.03 | (0.89) | 0.00 | (0.36) | 0.00 | 7.56 | 25.48 | |||
| EP | 3.76 | 0.26 | 0.07 | 0.31 | 3.68 | 10.44 | 20.26 | |||
| EPSN | 1.99 | (0.04) | (0.02) | 0.04 | 2.11 | 4.61 | 12.00 | |||
| IMPP | 2.91 | (0.70) | 0.00 | (44.63) | 0.00 | 4.45 | 33.83 | |||
| SOL | 0.91 | 0.06 | (0.02) | (1.32) | 0.78 | 2.20 | 4.54 |
Cross Equities Net Income Analysis
Compare Smart Sand and related stocks such as Leishen Energy Holding, Stabilis Solutions, and NCS Multistage Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LSE | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 5.7 M | 11.9 M | 8.1 M | 1.3 M | 1.1 M | 1.1 M |
| SLNG | (500 K) | (5.9 M) | 2.3 M | 4.6 M | (4.7 M) | (2.6 M) | (7.1 M) | (2.2 M) | (2.6 M) | (5.7 M) | (6.8 M) | (7.8 M) | (3.2 M) | 125 K | 4.6 M | 4.1 M | 4.3 M |
| NCSM | 28 M | 28 M | 28 M | 28 M | 28 M | 28 M | (17.9 M) | 2.1 M | (190.3 M) | (32.8 M) | (57.6 M) | (4.7 M) | (1.1 M) | (3.2 M) | 6.6 M | 7.6 M | 8 M |
| DTI | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 21.1 M | 14.7 M | 3 M | 2.7 M | 2.6 M |
| MMLP | (1.6 M) | 24.3 M | 102 M | (13.4 M) | (11.7 M) | 38.4 M | 31.7 M | 19.9 M | 55.7 M | (174.9 M) | (6.8 M) | (211 K) | (10.3 M) | (4.4 M) | (5.1 M) | (4.6 M) | (4.3 M) |
| ZEO | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 8.7 M | 4.8 M | (2.7 M) | (2.7 M) | (2.4 M) | (2.3 M) |
| EP | (990.9 M) | (247.4 K) | (253 K) | (227.8 K) | (236.6 K) | (174.9 K) | (382 K) | (830.1 K) | (1 M) | (6.7 M) | (16.8 M) | (18.6 M) | 7.1 M | (12.5 M) | (16.2 M) | (18.6 M) | (19.6 M) |
| EPSN | (590.4 K) | 19.2 M | (4.1 M) | (13.5 M) | 6.6 M | (25.5 M) | (3 M) | 12.1 M | 6.7 M | 8.7 M | 875.2 K | 11.6 M | 35.4 M | 6.9 M | 1.9 M | 2.2 M | 2.3 M |
| IMPP | (6.7 K) | 6.1 M | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (394 K) | (3.6 M) | 29.5 M | 71.1 M | 50.2 M | 57.7 M | 60.6 M |
Smart Sand and related stocks such as Leishen Energy Holding, Stabilis Solutions, and NCS Multistage Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Smart Sand financial statement analysis. It represents the amount of money remaining after all of Smart Sand operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Smart Sand Competitive Analysis
The better you understand Smart Sand competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Smart Sand'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 Sand'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 Sand Competition Performance Charts
Five steps to successful analysis of Smart Sand Competition
Smart Sand'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 Sand in relation to its competition. Smart Sand's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Smart Sand 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 Sand's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Smart Sand, 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.
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Check out Smart Sand Correlation with its peers. For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Will Oil & Gas Equipment & Services sector continue expanding? Could Smart diversify its offerings? Factors like these will boost the valuation of Smart Sand. If investors know Smart will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Smart Sand data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 1.931 | Earnings Share 0.1 | Revenue Per Share | Quarterly Revenue Growth 0.469 | Return On Assets |
Understanding Smart Sand requires distinguishing between market price and book value, where the latter reflects Smart's accounting equity. The concept of intrinsic value - what Smart Sand's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Smart Sand's price substantially above or below its fundamental value.
Please note, there is a significant difference between Smart Sand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Sand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Smart Sand's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.