Smartmetric Stock Performance
| SMME Stock | USD 0.0001 0.00 0.00% |
Smartmetric holds a performance score of 21 on a scale of zero to a hundred. The entity has a beta of -6.49, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Smartmetric are expected to decrease by larger amounts. On the other hand, during market turmoil, Smartmetric is expected to outperform it. Use Smartmetric information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Smartmetric.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Smartmetric are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain primary indicators, Smartmetric exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 10.3 K |
Smartmetric |
Smartmetric Relative Risk vs. Return Landscape
If you would invest 0.02 in Smartmetric on August 31, 2024 and sell it today you would lose (0.01) from holding Smartmetric or give up 50.0% of portfolio value over 90 days. Smartmetric is currently generating 75.3968% in daily expected returns and assumes 277.354% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Smartmetric, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Smartmetric Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smartmetric's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Smartmetric, and traders can use it to determine the average amount a Smartmetric'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 = 0.2718
| Best Portfolio | Best Equity | SMME | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 277.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Smartmetric is performing at about 21% 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 Smartmetric by adding it to a well-diversified portfolio.
Smartmetric Fundamentals Growth
Smartmetric Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Smartmetric, and Smartmetric 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 Smartmetric Pink Sheet performance.
| Return On Asset | -1.1 | |||
| Current Valuation | 1.08 M | |||
| Shares Outstanding | 905.85 M | |||
| Price To Earning | (5.40) X | |||
| Price To Book | 454.69 X | |||
| EBITDA | (1.58 M) | |||
| Cash And Equivalents | 126.79 K | |||
| Total Debt | 55.83 K | |||
| Debt To Equity | 0.83 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (1 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 175.51 K | |||
| Retained Earnings | (23.55 M) | |||
| Current Asset | 174 K | |||
| Current Liabilities | 2.29 M | |||
About Smartmetric Performance
By analyzing Smartmetric's fundamental ratios, stakeholders can gain valuable insights into Smartmetric's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Smartmetric has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Smartmetric has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SmartMetric, Inc., a development stage company, operates in the technology industry. Smartmetric, Inc. was incorporated in 2002 and is headquartered in Las Vegas, Nevada. Smartmetric operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Smartmetric performance evaluation
Checking the ongoing alerts about Smartmetric for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Smartmetric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Smartmetric is way too risky over 90 days horizon | |
| Smartmetric has some characteristics of a very speculative penny stock | |
| Smartmetric appears to be risky and price may revert if volatility continues | |
| Smartmetric currently holds 55.83 K in liabilities with Debt to Equity (D/E) ratio of 0.83, which is about average as compared to similar companies. Smartmetric has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Smartmetric until it has trouble settling it off, either with new capital or with free cash flow. So, Smartmetric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Smartmetric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Smartmetric to invest in growth at high rates of return. When we think about Smartmetric's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Smartmetric currently holds about 126.79 K in cash with (1 M) of positive cash flow from operations. |
- Analyzing Smartmetric'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 Smartmetric's stock is overvalued or undervalued compared to its peers.
- Examining Smartmetric'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 Smartmetric's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smartmetric's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Smartmetric's pink sheet. These opinions can provide insight into Smartmetric's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Smartmetric Pink Sheet analysis
When running Smartmetric's price analysis, check to measure Smartmetric'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 Smartmetric is operating at the current time. Most of Smartmetric's value examination focuses on studying past and present price action to predict the probability of Smartmetric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartmetric's price. Additionally, you may evaluate how the addition of Smartmetric to your portfolios can decrease your overall portfolio volatility.
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