SmartCraft ASA (Norway) Price on May 8, 2024

SMCRT Stock   30.20  0.20  0.67%   
If you're considering investing in SmartCraft Stock, it is important to understand the factors that can impact its price. As of today, the current price of SmartCraft ASA stands at 30.20, as last reported on the 11th of December 2024, with the highest price reaching 30.60 and the lowest price hitting 30.20 during the day. As of now, SmartCraft Stock is not too volatile. SmartCraft ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0368, which indicates the firm had a 0.0368% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SmartCraft ASA, which you can use to evaluate the volatility of the company. Please validate SmartCraft ASA's Risk Adjusted Performance of 0.0156, coefficient of variation of 8708.41, and Semi Deviation of 2.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.0996%.
  
SmartCraft Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0368

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Estimated Market Risk

 2.71
  actual daily
24
76% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average SmartCraft ASA 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 SmartCraft ASA by adding it to a well-diversified portfolio.

SmartCraft ASA Valuation on May 8, 2024

It is possible to determine the worth of SmartCraft ASA on a given historical date. On May 8, 2024 SmartCraft was worth 27.7 at the beginning of the trading date compared to the closed value of 28.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SmartCraft ASA stock. Still, in general, we apply an absolute valuation method to find SmartCraft ASA'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 SmartCraft ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SmartCraft ASA's related companies.
 Open High Low Close Volume
  29.40    29.40    27.60    28.10    132,014  
05/08/2024
  27.70    28.60    27.70    28.00    70,403  
  28.50    28.50    27.80    28.20    7,278  
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Open Value
27.7
28.0
Closing Value
35.82
Upside

SmartCraft ASA Trading Date Momentum on May 8, 2024

On May 10 2024 SmartCraft ASA was traded for  28.20  at the closing time. The highest price during the trading period was 28.50  and the lowest recorded bid was listed for  27.80 . The volume for the day was 7.3 K. This history from May 10, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.71% . The trading price change to the current price is 0.36% .

Price Boundaries

SmartCraft ASA Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

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SmartCraft ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.

SmartCraft ASA December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how SmartCraft ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartCraft ASA shares will generate the highest return on investment. By undertsting and applying SmartCraft ASA stock market strength indicators, traders can identify SmartCraft ASA entry and exit signals to maximize returns

SmartCraft ASA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SmartCraft ASA's price direction in advance. Along with the technical and fundamental analysis of SmartCraft Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SmartCraft 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.