SmartCraft ASA (Norway) Price on May 22, 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, semi deviation of 2.71, and Coefficient Of Variation of 8708.41 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.
SmartCraft |
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 22, 2024
It is possible to determine the worth of SmartCraft ASA on a given historical date. On May 22, 2024 SmartCraft was worth 27.7 at the beginning of the trading date compared to the closed value of 27.8. 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 | |
| 27.90 | 28.00 | 27.60 | 28.00 | 18,951 | |
05/22/2024 | 27.70 | 27.90 | 27.60 | 27.80 | 33,349 |
| 27.60 | 27.90 | 27.30 | 27.70 | 54,195 |
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SmartCraft ASA Trading Date Momentum on May 22, 2024
| On May 23 2024 SmartCraft ASA was traded for 27.70 at the closing time. The highest price during the trading period was 27.90 and the lowest recorded bid was listed for 27.30 . The volume for the day was 54.2 K. This history from May 23, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.36% . The trading price change to the current price is 7.91% . |
Price Boundaries
SmartCraft ASA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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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.