Smartkem, Common Stock Stock Price on October 23, 2024

SMTK Stock  USD 3.10  0.11  3.68%   
If you're considering investing in SmartKem, OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of SmartKem, Common stands at 3.10, as last reported on the 22nd of November, with the highest price reaching 3.10 and the lowest price hitting 2.92 during the day. SmartKem, Common Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0483, which indicates the firm had a -0.0483% return per unit of risk over the last 3 months. SmartKem, Common Stock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SmartKem, Common's Coefficient Of Variation of (2,176), variance of 104.01, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
SmartKem, OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0483

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSMTK

Estimated Market Risk

 10.24
  actual daily
91
91% of assets are less volatile

Expected Return

 -0.49
  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 SmartKem, Common 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 SmartKem, Common by adding SmartKem, Common to a well-diversified portfolio.

SmartKem, Common Valuation on October 23, 2024

It is possible to determine the worth of SmartKem, Common on a given historical date. On October 23, 2024 SmartKem, was worth 2.99 at the beginning of the trading date compared to the closed value of 2.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SmartKem, Common otc stock. Still, in general, we apply an absolute valuation method to find SmartKem, Common'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 SmartKem, Common where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SmartKem, Common's related companies.
 Open High Low Close Volume
  3.30    3.30    2.90    2.95    9,215  
10/23/2024
  2.99    3.13    2.86    2.87    136,829  
  2.87    3.09    2.29    2.75    51,255  
Backtest SmartKem, Common  |  SmartKem, Common History  |  SmartKem, Common Valuation   PreviousNext  
Open Value
2.99
2.87
Closing Value
33.71
Upside

SmartKem, Common Trading Date Momentum on October 23, 2024

On October 24 2024 SmartKem, Common Stock was traded for  2.75  at the closing time. The top price for the day was 3.09  and the lowest listed price was  2.29 . The trading volume for the day was 51.3 K. The trading history from October 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.18% . The trading price change against the current closing price is 12.89% .

SmartKem, Common Stock Fundamentals Correlations and Trends

By evaluating SmartKem, Common'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 SmartKem, Common's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SmartKem, financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SmartKem, Common OTC Stock history

SmartKem, Common 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 SmartKem, is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SmartKem, Common Stock 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 SmartKem, Common stock prices may prove useful in developing a viable investing in SmartKem, Common
SmartKem, Inc. engages in the development of materials and processes for organic thin-film transistors backplanes for the manufacture of flexible electronics. SmartKem, Inc. was founded in 2009 and is headquartered in Manchester, the United Kingdom. Smartkem operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 41 people.

SmartKem, Common OTC Stock Technical Analysis

SmartKem, Common technical otc 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, otc market cycles, or different charting patterns.
A focus of SmartKem, Common technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SmartKem, Common trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SmartKem, Common Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SmartKem, Common Stock cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.

SmartKem, Common November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how SmartKem, Common otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartKem, Common shares will generate the highest return on investment. By undertsting and applying SmartKem, Common otc stock market strength indicators, traders can identify SmartKem, Common Stock entry and exit signals to maximize returns

SmartKem, Common Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SmartKem, Common's price direction in advance. Along with the technical and fundamental analysis of SmartKem, OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SmartKem, 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.

Other Information on Investing in SmartKem, OTC Stock

SmartKem, Common financial ratios help investors to determine whether SmartKem, OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SmartKem, with respect to the benefits of owning SmartKem, Common security.