SmartCraft ASA (Norway) Performance
| SMCRT Stock | 17.75 0.75 4.05% |
The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SmartCraft ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SmartCraft ASA is expected to be smaller as well. At this point, SmartCraft ASA has a negative expected return of -0.32%. Please make sure to validate SmartCraft ASA's mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and daily balance of power , to decide if SmartCraft ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days SmartCraft ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in March 2026. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
SmartCraft |
SmartCraft ASA Relative Risk vs. Return Landscape
If you would invest 2,170 in SmartCraft ASA on November 13, 2025 and sell it today you would lose (395.00) from holding SmartCraft ASA or give up 18.2% of portfolio value over 90 days. SmartCraft ASA is generating negative expected returns and assumes 2.2067% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than SmartCraft, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SmartCraft ASA Target Price Odds to finish over Current Price
The tendency of SmartCraft Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 17.75 | 90 days | 17.75 | close to 99 |
Based on a normal probability distribution, the odds of SmartCraft ASA to move above the current price in 90 days from now is close to 99 (This SmartCraft ASA probability density function shows the probability of SmartCraft Stock to fall within a particular range of prices over 90 days) .
SmartCraft ASA Price Density |
| Price |
Predictive Modules for SmartCraft ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SmartCraft ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SmartCraft ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SmartCraft ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SmartCraft ASA is not an exception. The market had few large corrections towards the SmartCraft ASA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SmartCraft ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SmartCraft ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | -0.23 |
SmartCraft ASA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SmartCraft ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SmartCraft ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SmartCraft ASA generated a negative expected return over the last 90 days |
Things to note about SmartCraft ASA performance evaluation
Checking the ongoing alerts about SmartCraft ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SmartCraft ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SmartCraft ASA generated a negative expected return over the last 90 days |
- Analyzing SmartCraft ASA'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 SmartCraft ASA's stock is overvalued or undervalued compared to its peers.
- Examining SmartCraft ASA'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 SmartCraft ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SmartCraft ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SmartCraft ASA's stock. These opinions can provide insight into SmartCraft ASA's potential for growth and whether the stock is currently undervalued or overvalued.