Smart Gunes (Turkey) Price on October 8, 2024
SMRTG Stock | 39.26 1.22 3.01% |
If you're considering investing in Smart Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smart Gunes stands at 39.26, as last reported on the 28th of November, with the highest price reaching 40.74 and the lowest price hitting 39.22 during the day. Smart Gunes Enerjisi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0585, which indicates the firm had a -0.0585% return per unit of risk over the last 3 months. Smart Gunes Enerjisi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smart Gunes' Risk Adjusted Performance of (0.01), variance of 6.88, and Coefficient Of Variation of (4,118) to confirm the risk estimate we provide.
Smart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Smart |
Sharpe Ratio = -0.0585
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Estimated Market Risk
2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Smart Gunes 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 Smart Gunes by adding Smart Gunes to a well-diversified portfolio.
Smart Gunes Valuation on October 8, 2024
It is possible to determine the worth of Smart Gunes on a given historical date. On October 8, 2024 Smart was worth 37.0 at the beginning of the trading date compared to the closed value of 36.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smart Gunes stock. Still, in general, we apply an absolute valuation method to find Smart Gunes' 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 Smart Gunes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smart Gunes' related companies.
Open | High | Low | Close | Volume | |
37.02 | 38.58 | 36.94 | 37.10 | 6,841,143 | |
10/08/2024 | 37.00 | 37.34 | 36.34 | 36.52 | 2,418,475 |
36.54 | 36.90 | 35.58 | 36.06 | 2,138,769 |
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Smart Gunes Trading Date Momentum on October 8, 2024
On October 09 2024 Smart Gunes Enerjisi was traded for 36.06 at the closing time. The highest price during the trading period was 36.90 and the lowest recorded bid was listed for 35.58 . The volume for the day was 2.1 M. This history from October 9, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.26% . The trading price change to the current price is 3.07% . |
Smart Gunes Enerjisi Fundamentals Correlations and Trends
By evaluating Smart Gunes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Smart Gunes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smart Gunes Stock history
Smart Gunes 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 Smart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smart Gunes Enerjisi 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 Smart Gunes stock prices may prove useful in developing a viable investing in Smart Gunes
Smart Gunes Stock Technical Analysis
Smart Gunes 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
Smart Gunes Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Smart Gunes Enerjisi cannot be verified against its exchange. Please verify the symbol is currently traded on Istanbul 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.
Smart Gunes November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Smart Gunes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smart Gunes shares will generate the highest return on investment. By undertsting and applying Smart Gunes stock market strength indicators, traders can identify Smart Gunes Enerjisi entry and exit signals to maximize returns
Smart Gunes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smart Gunes' price direction in advance. Along with the technical and fundamental analysis of Smart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smart 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 | (0.01) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (0.37) |
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Volume Indicators |
Complementary Tools for Smart Stock analysis
When running Smart Gunes' price analysis, check to measure Smart Gunes' 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 Smart Gunes is operating at the current time. Most of Smart Gunes' value examination focuses on studying past and present price action to predict the probability of Smart Gunes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Gunes' price. Additionally, you may evaluate how the addition of Smart Gunes to your portfolios can decrease your overall portfolio volatility.
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