Smart Share Global Stock Price on September 20, 2024
| EM Stock | USD 0.72 0.01 1.41% |
If you're considering investing in Smart Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smart Share stands at 0.72, as last reported on the 22nd of November, with the highest price reaching 0.73 and the lowest price hitting 0.70 during the day. As of now, Smart Stock is abnormally volatile. Smart Share Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0359, which indicates the firm had a 0.0359% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Smart Share Global, which you can use to evaluate the volatility of the company. Please validate Smart Share's Risk Adjusted Performance of 0.0294, semi deviation of 3.18, and Coefficient Of Variation of 3649.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
At this time, Smart Share's Stock Based Compensation is very stable compared to the past year. As of the 22nd of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop about 2.5 B. . At this time, Smart Share's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price To Free Cash Flows Ratio is likely to grow to 4.14, while Price Earnings Ratio is likely to drop 10.02. Smart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Smart |
Sharpe Ratio = 0.0359
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Estimated Market Risk
| 5.17 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Smart Share 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 Smart Share by adding it to a well-diversified portfolio.
Price Book 0.5045 | Enterprise Value Ebitda 0.1817 | Price Sales 0.0953 | Shares Float 90.1 M | Wall Street Target Price 1.86 |
Smart Share Valuation on September 20, 2024
It is possible to determine the worth of Smart Share on a given historical date. On September 20, 2024 Smart was worth 0.51 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smart Share stock. Still, in general, we apply an absolute valuation method to find Smart Share's 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 Smart Share where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smart Share's related companies.
| Open | High | Low | Close | Volume | |
| 0.50 | 0.54 | 0.50 | 0.52 | 76,077 | |
09/20/2024 | 0.51 | 0.54 | 0.51 | 0.53 | 52,300 |
| 0.52 | 0.56 | 0.50 | 0.51 | 130,223 |
| Backtest Smart Share | | | Smart Share History | | | Smart Share Valuation | Previous | Next |
Smart Share Trading Date Momentum on September 20, 2024
| On September 23 2024 Smart Share Global was traded for 0.51 at the closing time. The highest price during the trading period was 0.56 and the lowest recorded bid was listed for 0.50 . The volume for the day was 130.2 K. This history from September 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.77% . The trading price change to the current price is 39.62% . |
Smart Share Global Fundamentals Correlations and Trends
By evaluating Smart Share's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Smart Share's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smart Share Stock history
Smart Share 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 Smart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smart Share Global 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 Smart Share stock prices may prove useful in developing a viable investing in Smart Share
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 260 M | 171 M | |
| Net Loss | -640.1 M | -672.1 M |
Smart Share Quarterly Net Working Capital |
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Smart Share Stock Technical Analysis
Smart Share 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
Smart Share Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Smart Share Global cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Smart Share November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Smart Share stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smart Share shares will generate the highest return on investment. By undertsting and applying Smart Share stock market strength indicators, traders can identify Smart Share Global entry and exit signals to maximize returns
Smart Share Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smart Share's price direction in advance. Along with the technical and fundamental analysis of Smart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smart 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 | 0.0294 | |||
| Jensen Alpha | 0.0725 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.0085 | |||
| Treynor Ratio | 0.2195 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Hotels, Restaurants & Leisure space 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 Smart Share. If investors know Smart 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 Smart Share 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 (0.62) | Earnings Share 0.03 | Revenue Per Share 7.571 | Quarterly Revenue Growth (0.55) | Return On Assets (0) |
The market value of Smart Share Global is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share's 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 Smart Share's market value can be influenced by many factors that don't directly affect Smart Share's 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 Smart Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.