Smiths Group (Germany) Price on December 3, 2024
| QS2A Stock | 21.08 0.16 0.75% |
If you're considering investing in Smiths Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smiths Group stands at 21.08, as last reported on the 11th of December 2024, with the highest price reaching 21.22 and the lowest price hitting 21.02 during the day. Currently, Smiths Group plc is not too volatile. Smiths Group plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.016, which indicates the firm had a 0.016% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Smiths Group plc, which you can use to evaluate the volatility of the company. Please validate Smiths Group's Coefficient Of Variation of 4693.52, risk adjusted performance of 0.0215, and Semi Deviation of 1.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.03%.
Smiths Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Smiths |
Sharpe Ratio = 0.016
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | QS2A |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Smiths Group is performing at about 1% 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 Smiths Group by adding it to a well-diversified portfolio.
Smiths Group Valuation on December 3, 2024
It is possible to determine the worth of Smiths Group on a given historical date. On December 3, 2024 Smiths was worth 21.3 at the beginning of the trading date compared to the closed value of 21.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smiths Group stock. Still, in general, we apply an absolute valuation method to find Smiths Group'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 Smiths Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smiths Group's related companies.
| Open | High | Low | Close | Volume | |
| 21.26 | 21.32 | 21.26 | 21.30 | 1.00 | |
12/03/2024 | 21.30 | 21.30 | 21.18 | 21.22 | 1.00 |
| 21.08 | 21.42 | 21.02 | 21.06 | 1.00 |
| Backtest Smiths Group | | | Smiths Group History | | | Smiths Group Valuation | Previous | Next |
Smiths Group Trading Date Momentum on December 3, 2024
| On December 04 2024 Smiths Group plc was traded for 21.06 at the closing time. The highest price during the trading period was 21.42 and the lowest recorded bid was listed for 21.02 . There was no trading activity during the period 1.0. Lack of trading volume on December 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.75% . The trading price change to the current price is 0.75% . |
Smiths Group plc Fundamentals Correlations and Trends
By evaluating Smiths Group'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 Smiths Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smiths financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smiths Group Stock history
Smiths Group 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 Smiths is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smiths Group plc 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 Smiths Group stock prices may prove useful in developing a viable investing in Smiths Group
Smiths Group Stock Technical Analysis
Smiths Group 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
Smiths Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Smiths Group plc cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Smiths Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Smiths Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smiths Group shares will generate the highest return on investment. By undertsting and applying Smiths Group stock market strength indicators, traders can identify Smiths Group plc entry and exit signals to maximize returns
Smiths Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smiths Group's price direction in advance. Along with the technical and fundamental analysis of Smiths Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smiths 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 | 0.0215 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0578 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Smiths Stock Analysis
When running Smiths Group's price analysis, check to measure Smiths Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smiths Group is operating at the current time. Most of Smiths Group's value examination focuses on studying past and present price action to predict the probability of Smiths Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smiths Group's price. Additionally, you may evaluate how the addition of Smiths Group to your portfolios can decrease your overall portfolio volatility.