Smartrent Stock Price on September 19, 2024
| SMRT Stock | USD 1.96 0.11 5.95% |
If you're considering investing in SmartRent Stock, it is important to understand the factors that can impact its price. As of today, the current price of SmartRent stands at 1.96, as last reported on the 29th of November, with the highest price reaching 1.98 and the lowest price hitting 1.85 during the day. SmartRent appears to be risky, given 3 months investment horizon. SmartRent owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0892, which indicates the firm had a 0.0892% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SmartRent, which you can use to evaluate the volatility of the company. Please review SmartRent's Coefficient Of Variation of 1314.24, semi deviation of 2.86, and Risk Adjusted Performance of 0.066 to confirm if our risk estimates are consistent with your expectations.
Stock Based Compensation To Revenue is likely to gain to 0.1 in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 101.9 M in 2024. . At this time, SmartRent's Price Fair Value is comparatively stable compared to the past year. SmartRent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SmartRent |
Sharpe Ratio = 0.0892
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Estimated Market Risk
| 3.36 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average SmartRent is performing at about 7% 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 SmartRent by adding it to a well-diversified portfolio.
Price Book 1.2369 | Enterprise Value Ebitda (6.21) | Price Sales 1.8893 | Shares Float 167.8 M | Wall Street Target Price 2.275 |
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SmartRent Valuation on September 19, 2024
It is possible to determine the worth of SmartRent on a given historical date. On September 19, 2024 SmartRent was worth 1.76 at the beginning of the trading date compared to the closed value of 1.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SmartRent stock. Still, in general, we apply an absolute valuation method to find SmartRent'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 SmartRent where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SmartRent's related companies.
| Open | High | Low | Close | Volume | |
| 1.75 | 1.82 | 1.73 | 1.74 | 2,754,782 | |
09/19/2024 | 1.76 | 1.83 | 1.76 | 1.77 | 2,751,441 |
| 1.75 | 1.81 | 1.74 | 1.75 | 3,334,070 |
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SmartRent Trading Date Momentum on September 19, 2024
| On September 20 2024 SmartRent was traded for 1.75 at the closing time. The top price for the day was 1.81 and the lowest listed price was 1.74 . The trading volume for the day was 3.3 M. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.13% . The trading price change against the current closing price is 0.56% . |
SmartRent Fundamentals Correlations and Trends
By evaluating SmartRent'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 SmartRent's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SmartRent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SmartRent Stock history
SmartRent 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 SmartRent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SmartRent 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 SmartRent stock prices may prove useful in developing a viable investing in SmartRent
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 200.7 M | 101.9 M | |
| Net Loss | -86.7 M | -91 M |
SmartRent Quarterly Net Working Capital |
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SmartRent Stock Technical Analysis
SmartRent 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
SmartRent Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
SmartRent cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
SmartRent November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SmartRent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartRent shares will generate the highest return on investment. By undertsting and applying SmartRent stock market strength indicators, traders can identify SmartRent entry and exit signals to maximize returns
SmartRent Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SmartRent's price direction in advance. Along with the technical and fundamental analysis of SmartRent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SmartRent 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 | 0.066 | |||
| Jensen Alpha | 0.1536 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0396 | |||
| Treynor Ratio | 0.3192 |
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Additional Tools for SmartRent Stock Analysis
When running SmartRent's price analysis, check to measure SmartRent'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 SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.