SMI (Morocco) Performance
| SMI Stock | 2,188 8.00 0.37% |
The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SMI are expected to decrease at a much lower rate. During the bear market, SMI is likely to outperform the market. At this point, SMI has a negative expected return of -0.0286%. Please make sure to validate SMI's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if SMI performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days SMI has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound forward indicators, SMI is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
SMI |
SMI Relative Risk vs. Return Landscape
If you would invest 225,000 in SMI on August 26, 2024 and sell it today you would lose (6,200) from holding SMI or give up 2.76% of portfolio value over 90 days. SMI is producing return of less than zero assuming 1.8322% volatility of returns over the 90 days investment horizon. Simply put, 16% of all stocks have less volatile historical return distribution than SMI, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SMI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMI's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SMI, and traders can use it to determine the average amount a SMI'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 = -0.0156
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| Negative Returns | SMI |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SMI 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 SMI by adding SMI to a well-diversified portfolio.
Things to note about SMI performance evaluation
Checking the ongoing alerts about SMI for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SMI help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SMI generated a negative expected return over the last 90 days |
- Analyzing SMI'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 SMI's stock is overvalued or undervalued compared to its peers.
- Examining SMI'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 SMI's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SMI's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SMI's stock. These opinions can provide insight into SMI's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SMI Stock analysis
When running SMI's price analysis, check to measure SMI's 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 SMI is operating at the current time. Most of SMI's value examination focuses on studying past and present price action to predict the probability of SMI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMI's price. Additionally, you may evaluate how the addition of SMI to your portfolios can decrease your overall portfolio volatility.
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