Smartrent Stock Performance
| SMRT Stock | USD 1.62 0.01 0.62% |
The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SmartRent's returns are expected to increase less than the market. However, during the bear market, the loss of holding SmartRent is expected to be smaller as well. At this point, SmartRent has a negative expected return of -0.0661%. Please make sure to validate SmartRent's maximum drawdown, as well as the relationship between the daily balance of power and relative strength index , to decide if SmartRent performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days SmartRent has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, SmartRent is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Disposition of 2544 shares by Daryl Stemm of SmartRent subject to Rule 16b-3 | 09/19/2024 |
2 | Disposition of 2099 shares by Robyn Young of SmartRent subject to Rule 16b-3 | 10/09/2024 |
3 | SmartRent to Report Third Quarter 2024 Financial Results on November 6, 2024 | 10/16/2024 |
4 | SmartRent, Inc. Is Being Investigated For Fraud And The Schall Law Firm Urges Affected Shareholders To Reach Out | 10/29/2024 |
5 | SMRT establishes tripartite workgroup to review rail reliability, safety | 11/01/2024 |
6 | SmartRent Reports Third Quarter 2024 Results | 11/06/2024 |
7 | Q3 2024 SmartRent Inc Earnings Call Transcript | 11/07/2024 |
8 | Need To Know The Consensus Just Cut Its SmartRent, Inc. Estimates For 2025 | 11/08/2024 |
9 | SmartRent general counsel acquires 14,750 in stock | 11/14/2024 |
10 | Acquisition by Martell Frank of 50000 shares of SmartRent at 1.4858 subject to Rule 16b-3 | 11/15/2024 |
11 | Insider Buying SmartRent, Inc. Director Purchases 50,000 Shares of Stock | 11/19/2024 |
12 | Aclaris Therapeutics And 2 Other US Penny Stocks To Watch | 11/22/2024 |
| Begin Period Cash Flow | 217.7 M |
SmartRent |
SmartRent Relative Risk vs. Return Landscape
If you would invest 172.00 in SmartRent on August 27, 2024 and sell it today you would lose (11.00) from holding SmartRent or give up 6.4% of portfolio value over 90 days. SmartRent is currently does not generate positive expected returns and assumes 2.735% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than SmartRent, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SmartRent Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SmartRent's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SmartRent, and traders can use it to determine the average amount a SmartRent'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 = -0.0242
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SMRT |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.07 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 SmartRent 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 SmartRent by adding SmartRent to a well-diversified portfolio.
SmartRent Fundamentals Growth
SmartRent Stock prices reflect investors' perceptions of the future prospects and financial health of SmartRent, and SmartRent 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 SmartRent Stock performance.
| Return On Equity | -0.0787 | ||||
| Return On Asset | -0.0417 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | (0.29) % | ||||
| Current Valuation | 153.94 M | ||||
| Shares Outstanding | 192.57 M | ||||
| Price To Earning | (2.17) X | ||||
| Price To Book | 1.02 X | ||||
| Price To Sales | 1.55 X | ||||
| Revenue | 236.84 M | ||||
| Gross Profit | 1.3 M | ||||
| EBITDA | (43.16 M) | ||||
| Net Income | (34.59 M) | ||||
| Cash And Equivalents | 255.01 M | ||||
| Cash Per Share | 1.29 X | ||||
| Total Debt | 1.31 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 3.78 X | ||||
| Book Value Per Share | 1.58 X | ||||
| Cash Flow From Operations | 5.98 M | ||||
| Earnings Per Share | (0.12) X | ||||
| Market Capitalization | 310.04 M | ||||
| Total Asset | 509.76 M | ||||
| Retained Earnings | (285.51 M) | ||||
| Working Capital | 223.03 M | ||||
| Current Asset | 324.02 M | ||||
| Current Liabilities | 187.14 M | ||||
About SmartRent Performance
Assessing SmartRent's fundamental ratios provides investors with valuable insights into SmartRent's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SmartRent is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 81.02 | 83.55 | |
| Return On Tangible Assets | (0.10) | (0.10) | |
| Return On Capital Employed | (0.11) | (0.12) | |
| Return On Assets | (0.07) | (0.07) | |
| Return On Equity | (0.10) | (0.11) |
Things to note about SmartRent performance evaluation
Checking the ongoing alerts about SmartRent for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SmartRent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SmartRent generated a negative expected return over the last 90 days | |
| SmartRent may become a speculative penny stock | |
| The company reported the previous year's revenue of 236.84 M. Net Loss for the year was (34.59 M) with profit before overhead, payroll, taxes, and interest of 1.3 M. | |
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Aclaris Therapeutics And 2 Other US Penny Stocks To Watch |
- Analyzing SmartRent'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 SmartRent's stock is overvalued or undervalued compared to its peers.
- Examining SmartRent'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 SmartRent's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SmartRent's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SmartRent's stock. These opinions can provide insight into SmartRent's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for SmartRent Stock Analysis
When running SmartRent's price analysis, check to measure SmartRent'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 SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.