Smiths Group Plc Stock Price on November 1, 2024
SMGZY Stock | USD 22.25 0.23 1.04% |
If you're considering investing in Smiths Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Smiths Group stands at 22.25, as last reported on the 25th of November, with the highest price reaching 22.50 and the lowest price hitting 21.99 during the day. Smiths Group Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0214, which indicates the firm had a -0.0214% return per unit of risk over the last 3 months. Smiths Group Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smiths Group's Variance of 4.77, coefficient of variation of (55,411), and Risk Adjusted Performance of 0.0051 to confirm the risk estimate we provide.
Smiths Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Smiths |
Sharpe Ratio = -0.0214
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SMGZY |
Estimated Market Risk
2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Smiths Group is not performing at its full potential. However, 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 Smiths Group to a well-diversified portfolio.
Related Headline
Ballard Power Headline on 1st of November 2024
Data Center News Roundup Billion-Dollar Deals, New Construct... by datacenterknowledge.com
In this weeks top data center news, DigitalBridge will acquire Yondr Group, and hydrogen power takes center stage.
Smiths Group Valuation on November 1, 2024
It is possible to determine the worth of Smiths Group on a given historical date. On November 1, 2024 Smiths was worth 19.8 at the beginning of the trading date compared to the closed value of 19.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smiths Group pink sheet. 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 | |
19.64 | 19.80 | 19.56 | 19.78 | 9,768 | |
11/01/2024 | 19.80 | 20.02 | 19.79 | 19.95 | 34,300 |
20.05 | 20.05 | 19.68 | 19.91 | 39,300 |
Backtest Smiths Group | | | Smiths Group History | | | Smiths Group Valuation | Previous | Next |
Smiths Group Trading Date Momentum on November 1, 2024
On November 04 2024 Smiths Group Plc was traded for 19.91 at the closing time. The highest daily price throughout the period was 20.05 and the lowest price was 19.68 . The daily volume was 39.3 K. The net trading volume on 11/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.20% . The trading price change to current closing price is 0.65% . |
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 Pink Sheet 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 plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide. Smiths Group plc was founded in 1851 and is headquartered in London, the United Kingdom. SMITHS GROUP operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 14764 people.
Smiths Group Pink Sheet Technical Analysis
Smiths Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Smiths Group Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Smiths Group Plc cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Smiths Group pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.0051 | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.02) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Smiths Pink Sheet 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.