Simply Better Brands Stock Price on November 18, 2024
| SBBC Stock | CAD 0.95 0.11 13.10% |
If you're considering investing in Simply Stock, it is important to understand the factors that can impact its price. As of today, the current price of Simply Better stands at 0.95, as last reported on the 25th of November, with the highest price reaching 0.95 and the lowest price hitting 0.84 during the day. Simply Better appears to be extremely dangerous, given 3 months investment horizon. Simply Better Brands owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Simply Better's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please review Simply Better's Risk Adjusted Performance of 0.1539, semi deviation of 2.92, and Coefficient Of Variation of 526.98 to confirm if our risk estimates are consistent with your expectations.
At this time, Simply Better's Common Stock is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 4.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 40.2 M in 2024. . Price To Sales Ratio is likely to drop to 0.13 in 2024. Price Earnings Ratio is likely to drop to -0.49 in 2024. Simply Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Simply |
Sharpe Ratio = 0.1675
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Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Simply Better is performing at about 13% 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 Simply Better by adding it to a well-diversified portfolio.
Price Book 1.1824 | Enterprise Value Ebitda (5.49) | Price Sales 1.0859 | Shares Float 74 M | Wall Street Target Price 1.246 |
Simply Better Valuation on November 18, 2024
It is possible to determine the worth of Simply Better on a given historical date. On November 18, 2024 Simply was worth 0.71 at the beginning of the trading date compared to the closed value of 0.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simply Better stock. Still, in general, we apply an absolute valuation method to find Simply Better'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 Simply Better where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simply Better's related companies.
| Open | High | Low | Close | Volume | |
| 0.64 | 0.67 | 0.63 | 0.67 | 99,850 | |
11/18/2024 | 0.71 | 0.71 | 0.63 | 0.64 | 304,704 |
| 0.75 | 0.81 | 0.75 | 0.77 | 1,924,833 |
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Simply Better Trading Date Momentum on November 18, 2024
| On November 19 2024 Simply Better Brands was traded for 0.77 at the closing time. The maximum traded price for the trading interval was 0.81 and the lowest daily price was 0.75 . The daily volume was recorded at 1.9 M. The volume of trading on 19th of November 2024 played a part in the next trading day price increase. The trading price change to the next closing price was 20.31% . The trading price change to the closing price today is 34.37% . |
Simply Better Brands Fundamentals Correlations and Trends
By evaluating Simply Better'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 Simply Better's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Simply financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Simply Better Stock history
Simply Better 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 Simply is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Simply Better Brands 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 Simply Better stock prices may prove useful in developing a viable investing in Simply Better
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 72.4 M | 40.2 M | |
| Net Loss | -11.1 M | -10.6 M |
Simply Better Stock Technical Analysis
Simply Better 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
Simply Better Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Simply Better Brands cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Simply Better November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Simply Better stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simply Better shares will generate the highest return on investment. By undertsting and applying Simply Better stock market strength indicators, traders can identify Simply Better Brands entry and exit signals to maximize returns
Simply Better Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simply Better's price direction in advance. Along with the technical and fundamental analysis of Simply Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simply 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 | 0.1539 | |||
| Jensen Alpha | 0.8661 | |||
| Total Risk Alpha | 0.1452 | |||
| Sortino Ratio | 0.187 | |||
| Treynor Ratio | 2.98 |
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Additional Tools for Simply Stock Analysis
When running Simply Better's price analysis, check to measure Simply Better'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 Simply Better is operating at the current time. Most of Simply Better's value examination focuses on studying past and present price action to predict the probability of Simply Better's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Better's price. Additionally, you may evaluate how the addition of Simply Better to your portfolios can decrease your overall portfolio volatility.