SMI (Morocco) Price on November 12, 2024
| SMI Stock | 2,050 98.00 4.56% |
If you're considering investing in SMI Stock, it is important to understand the factors that can impact its price. As of today, the current price of SMI stands at 2,050, as last reported on the 1st of December, with the highest price reaching 2,148 and the lowest price hitting 2,050 during the day. SMI owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0456, which indicates the firm had a -0.0456% return per unit of volatility over the last 3 months. SMI exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SMI's risk adjusted performance of (0.04), and Variance of 3.5 to confirm the risk estimate we provide.
SMI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SMI |
Sharpe Ratio = -0.0456
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SMI |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SMI 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 SMI by adding SMI to a well-diversified portfolio.
SMI Valuation on November 12, 2024
It is possible to determine the worth of SMI on a given historical date. On November 12, 2024 SMI was worth 2190.0 at the beginning of the trading date compared to the closed value of 2187.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SMI stock. Still, in general, we apply an absolute valuation method to find SMI'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 SMI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SMI's related companies.
| Open | High | Low | Close | Volume | |
| 2,200 | 2,240 | 2,188 | 2,190 | 51.00 | |
11/12/2024 | 2,190 | 2,190 | 2,187 | 2,187 | 35.00 |
| 2,187 | 2,229 | 2,140 | 2,229 | 82.00 |
| Backtest SMI | | | SMI History | Previous | Next |
SMI Trading Date Momentum on November 12, 2024
| On November 13 2024 SMI was traded for 2,229 at the closing time. The maximum traded price for the trading interval was 2,229 and the lowest daily price was 2,140 . The daily volume was recorded at 82.0. The volume of trading on 13th of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 1.92% . The trading price change to the closing price today is 0.05% . |
Price Boundaries
SMI Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
SMI cannot be verified against its exchange. Please verify the symbol is currently traded on Casablanca 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.
SMI December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how SMI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SMI shares will generate the highest return on investment. By undertsting and applying SMI stock market strength indicators, traders can identify SMI entry and exit signals to maximize returns
SMI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SMI's price direction in advance. Along with the technical and fundamental analysis of SMI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SMI 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 | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.20) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SMI Stock analysis
When running SMI's price analysis, check to measure SMI'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 SMI is operating at the current time. Most of SMI's value examination focuses on studying past and present price action to predict the probability of SMI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMI's price. Additionally, you may evaluate how the addition of SMI to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |