Smartoptics Group (Norway) Market Value
| SMOP Stock | 30.30 1.50 5.21% |
| Symbol | Smartoptics |
Smartoptics Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Smartoptics Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Smartoptics Group.
| 12/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Smartoptics Group on December 16, 2025 and sell it all today you would earn a total of 0.00 from holding Smartoptics Group AS or generate 0.0% return on investment in Smartoptics Group over 30 days.
Smartoptics Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Smartoptics Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Smartoptics Group AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.1403 | |||
| Maximum Drawdown | 31.93 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 5.21 |
Smartoptics Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smartoptics Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smartoptics Group's standard deviation. In reality, there are many statistical measures that can use Smartoptics Group historical prices to predict the future Smartoptics Group's volatility.| Risk Adjusted Performance | 0.1225 | |||
| Jensen Alpha | 0.7094 | |||
| Total Risk Alpha | 0.0846 | |||
| Sortino Ratio | 0.2375 | |||
| Treynor Ratio | 2.77 |
Smartoptics Group Backtested Returns
Smartoptics Group appears to be not too volatile, given 3 months investment horizon. Smartoptics Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. By inspecting Smartoptics Group's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Smartoptics Group's Semi Deviation of 2.23, risk adjusted performance of 0.1225, and Coefficient Of Variation of 608.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Smartoptics Group holds a performance score of 13. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Smartoptics Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smartoptics Group is expected to be smaller as well. Please check Smartoptics Group's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Smartoptics Group's existing price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Smartoptics Group AS has insignificant reverse predictability. Overlapping area represents the amount of predictability between Smartoptics Group time series from 16th of December 2025 to 31st of December 2025 and 31st of December 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Smartoptics Group price movement. The serial correlation of -0.18 indicates that over 18.0% of current Smartoptics Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Smartoptics Group lagged returns against current returns
Autocorrelation, which is Smartoptics Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Smartoptics Group's stock expected returns. We can calculate the autocorrelation of Smartoptics Group returns to help us make a trade decision. For example, suppose you find that Smartoptics Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Smartoptics Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Smartoptics Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smartoptics Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smartoptics Group stock over time.
Current vs Lagged Prices |
| Timeline |
Smartoptics Group Lagged Returns
When evaluating Smartoptics Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smartoptics Group stock have on its future price. Smartoptics Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Smartoptics Group autocorrelation shows the relationship between Smartoptics Group stock current value and its past values and can show if there is a momentum factor associated with investing in Smartoptics Group AS.
Regressed Prices |
| Timeline |
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