Smart Share Global Stock Performance
| EM Stock | USD 0.72 0.01 1.41% |
On a scale of 0 to 100, Smart Share holds a performance score of 5. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smart Share's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smart Share is expected to be smaller as well. Please check Smart Share's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Smart Share's existing price patterns will revert.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Smart Share Global are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very weak primary indicators, Smart Share displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0269 | Payout Ratio 0.3341 | Dividend Date 2024-06-14 | Ex Dividend Date 2024-05-30 |
1 | Analysts Are More Bearish On Smart Share Global Limited Than They Used To Be | 09/10/2024 |
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3 | Monster Charging Stock Soars Amid Strong Buy Ratings | 10/24/2024 |
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| Begin Period Cash Flow | 984.4 M |
Smart |
Smart Share Relative Risk vs. Return Landscape
If you would invest 62.00 in Smart Share Global on August 31, 2024 and sell it today you would earn a total of 10.00 from holding Smart Share Global or generate 16.13% return on investment over 90 days. Smart Share Global is generating 0.35% of daily returns and assumes 5.1085% volatility on return distribution over the 90 days horizon. Put differently, 45% of stocks are less risky than Smart on the basis of their historical return distribution, and some 94% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Smart Share Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smart Share's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Smart Share Global, and traders can use it to determine the average amount a Smart Share's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0685
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.11 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Smart Share is performing at about 5% 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 Smart Share by adding it to a well-diversified portfolio.
Smart Share Fundamentals Growth
Smart Stock prices reflect investors' perceptions of the future prospects and financial health of Smart Share, and Smart Share fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Smart Stock performance.
| Return On Equity | 0.0226 | ||||
| Return On Asset | -0.004 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | (230.55 M) | ||||
| Shares Outstanding | 222.59 M | ||||
| Price To Earning | 61.55 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 0.1 X | ||||
| Revenue | 2.96 B | ||||
| Gross Profit | 2.28 B | ||||
| EBITDA | 388.29 M | ||||
| Net Income | 87.74 M | ||||
| Cash And Equivalents | 2.86 B | ||||
| Cash Per Share | 11.04 X | ||||
| Total Debt | 15.04 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 2.80 X | ||||
| Book Value Per Share | 10.46 X | ||||
| Cash Flow From Operations | 416.5 M | ||||
| Earnings Per Share | 0.03 X | ||||
| Market Capitalization | 171.32 M | ||||
| Total Asset | 4.43 B | ||||
| Retained Earnings | (9.23 B) | ||||
| Working Capital | 2.56 B | ||||
| Current Asset | 306.31 M | ||||
| Current Liabilities | 141.6 M | ||||
About Smart Share Performance
By examining Smart Share's fundamental ratios, stakeholders can obtain critical insights into Smart Share's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Smart Share is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 32.15 | 30.54 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.03 | 0.03 |
Things to note about Smart Share Global performance evaluation
Checking the ongoing alerts about Smart Share for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Smart Share Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Smart Share Global had very high historical volatility over the last 90 days | |
| Smart Share Global has some characteristics of a very speculative penny stock | |
| About 13.0% of the company shares are held by company insiders | |
| Latest headline from accesswire.com: Mawson Finland Limited Presents Downhole EM Geophysics Multiple Deep Conductors Newly Identified at Rajapalot |
- Analyzing Smart Share's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Smart Share's stock is overvalued or undervalued compared to its peers.
- Examining Smart Share's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Smart Share's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smart Share's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Smart Share's stock. These opinions can provide insight into Smart Share's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smart Share. If investors know Smart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smart Share listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Earnings Share 0.03 | Revenue Per Share 7.571 | Quarterly Revenue Growth (0.55) | Return On Assets (0) |
The market value of Smart Share Global is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smart Share's market value can be influenced by many factors that don't directly affect Smart Share's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smart Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Share's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.