Smith Midland Corp Stock Price on November 4, 2024
| SMID Stock | USD 46.38 0.88 1.93% |
Below is the normalized historical share price chart for Smith Midland Corp extending back to December 13, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Smith Midland stands at 46.38, as last reported on the 25th of November, with the highest price reaching 46.80 and the lowest price hitting 45.24 during the day.
If you're considering investing in Smith Stock, it is important to understand the factors that can impact its price. Smith Midland appears to be very steady, given 3 months investment horizon. Smith Midland Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Smith Midland's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please review Smith Midland's Risk Adjusted Performance of 0.1209, semi deviation of 2.84, and Coefficient Of Variation of 680.77 to confirm if our risk estimates are consistent with your expectations.
At present, Smith Midland's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 9.1 M, whereas Common Stock Total Equity is forecasted to decline to about 48.7 K. . At present, Smith Midland's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.38, whereas Price Earnings To Growth Ratio is projected to grow to (1.63). Smith Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of December 1995 | 200 Day MA 35.5814 | 50 Day MA 35.3572 | Beta 1.241 |
Smith |
Sharpe Ratio = 0.1404
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Estimated Market Risk
| 4.14 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Smith Midland is performing at about 11% 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 Smith Midland by adding it to a well-diversified portfolio.
Price Book 5.9836 | Enterprise Value Ebitda 20.8512 | Price Sales 3.5269 | Shares Float 4.5 M | Earnings Share 1.22 |
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Smith Midland Valuation on November 4, 2024
It is possible to determine the worth of Smith Midland on a given historical date. On November 4, 2024 Smith was worth 32.31 at the beginning of the trading date compared to the closed value of 33.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smith Midland stock. Still, in general, we apply an absolute valuation method to find Smith Midland'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 Smith Midland where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smith Midland's related companies.
| Open | High | Low | Close | Volume | |
| 34.60 | 35.00 | 33.63 | 34.17 | 14,489 | |
11/04/2024 | 32.31 | 34.69 | 32.31 | 33.73 | 9,662 |
| 34.18 | 35.00 | 33.85 | 35.00 | 13,312 |
| Backtest Smith Midland | | | Smith Midland History | | | Smith Midland Valuation | Previous | Next |
Smith Midland Trading Date Momentum on November 4, 2024
| On November 05 2024 Smith Midland Corp was traded for 35.00 at the closing time. The top price for the day was 35.00 and the lowest listed price was 33.85 . The trading volume for the day was 13.3 K. The trading history from November 5, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 3.77% . The trading price change against the current closing price is 9.72% . |
Smith Midland Corp Fundamentals Correlations and Trends
By evaluating Smith Midland'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 Smith Midland's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smith financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smith Midland Stock history
Smith Midland 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 Smith is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smith Midland Corp 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 Smith Midland stock prices may prove useful in developing a viable investing in Smith Midland
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.3 M | 4.7 M | |
| Net Income Applicable To Common Shares | 920 K | 1.8 M |
Smith Midland Quarterly Net Working Capital |
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Smith Midland Stock Technical Analysis
Smith Midland 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
Smith Midland Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Smith Midland November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Smith Midland stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smith Midland shares will generate the highest return on investment. By undertsting and applying Smith Midland stock market strength indicators, traders can identify Smith Midland Corp entry and exit signals to maximize returns
Smith Midland Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smith Midland's price direction in advance. Along with the technical and fundamental analysis of Smith Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smith 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 | 0.1209 | |||
| Jensen Alpha | 0.4599 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1445 | |||
| Treynor Ratio | 0.4241 |
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Complementary Tools for Smith Stock analysis
When running Smith Midland's price analysis, check to measure Smith Midland'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 Smith Midland is operating at the current time. Most of Smith Midland's value examination focuses on studying past and present price action to predict the probability of Smith Midland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Midland's price. Additionally, you may evaluate how the addition of Smith Midland to your portfolios can decrease your overall portfolio volatility.
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