Smartsheet Stock Alpha and Beta Analysis
| SMAR Stock | USD 56.07 0.08 0.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Smartsheet. It also helps investors analyze the systematic and unsystematic risks associated with investing in Smartsheet over a specified time horizon. Remember, high Smartsheet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Smartsheet's market risk premium analysis include:
Beta 0.032 | Alpha 0.2 | Risk 1.44 | Sharpe Ratio 0.17 | Expected Return 0.24 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Smartsheet |
Smartsheet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Smartsheet market risk premium is the additional return an investor will receive from holding Smartsheet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Smartsheet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Smartsheet's performance over market.| α | 0.20 | β | 0.03 |
Smartsheet expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Smartsheet's Buy-and-hold return. Our buy-and-hold chart shows how Smartsheet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Smartsheet Market Price Analysis
Market price analysis indicators help investors to evaluate how Smartsheet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smartsheet shares will generate the highest return on investment. By understating and applying Smartsheet stock market price indicators, traders can identify Smartsheet position entry and exit signals to maximize returns.
Smartsheet Return and Market Media
The median price of Smartsheet for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 55.57 with a coefficient of variation of 5.12. The daily time series for the period is distributed with a sample standard deviation of 2.77, arithmetic mean of 54.03, and mean deviation of 2.43. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Smartsheet Q2 2025 Earnings Call Transcript | 09/06/2024 |
2 | Disposition of 3571 shares by Jolene Marshall of Smartsheet at 50.59 subject to Rule 16b-3 | 09/13/2024 |
3 | Disposition of 1847 shares by Stephen Branstetter of Smartsheet at 53.0 subject to Rule 16b-3 | 09/16/2024 |
4 | Disposition of 20000 shares by Mark Mader of Smartsheet at 51.78 subject to Rule 16b-3 | 09/19/2024 |
5 | Smartsheet and AWS Team Up to Accelerate AI-Powered Decision-Making With a Connector for Amazon Q Business | 10/08/2024 |
6 | Smartsheet Hit a 52 Week High, Can the Run Continue | 10/09/2024 |
7 | Acquisition by Praerit Garg of 1602 shares of Smartsheet subject to Rule 16b-3 | 10/31/2024 |
8 | Disposition of 5000 shares by Mark Mader of Smartsheet at 56.05 subject to Rule 16b-3 | 11/04/2024 |
9 | Olympiad Research LP Decreases Stock Position in Smartsheet Inc | 11/07/2024 |
10 | Acquisition by Rooney Katie J. of 1216 shares of Smartsheet subject to Rule 16b-3 | 11/08/2024 |
11 | Guggenheim cuts Smartsheet shares to neutral on deal closure | 11/11/2024 |
12 | Disposition of 3205 shares by Jolene Marshall of Smartsheet at 55.92 subject to Rule 16b-3 | 11/15/2024 |
13 | Disposition of 1763 shares by Pete Godbole of Smartsheet subject to Rule 16b-3 | 11/18/2024 |
14 | Acquisition by Jolene Marshall of 465 shares of Smartsheet subject to Rule 16b-3 | 11/19/2024 |
15 | Palo Alto Networks Q1 Earnings and Revenues Top Estimates | 11/20/2024 |
16 | SHAREHOLDER INVESTIGATION Halper Sadeh LLC Investigates SMAR, MNTX, SBT, MKFG on Behalf of ... | 11/21/2024 |
About Smartsheet Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Smartsheet or other stocks. Alpha measures the amount that position in Smartsheet has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 100.15 | 94.54 | 90.92 | 55.36 | PTB Ratio | 15.49 | 11.57 | 9.98 | 9.48 |
Smartsheet Upcoming Company Events
As portrayed in its financial statements, the presentation of Smartsheet's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smartsheet's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Smartsheet's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Smartsheet. Please utilize our Beneish M Score to check the likelihood of Smartsheet's management manipulating its earnings.
| 12th of March 2024 Upcoming Quarterly Report | View | |
| 5th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 12th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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Additional Tools for Smartsheet Stock Analysis
When running Smartsheet's price analysis, check to measure Smartsheet'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 Smartsheet is operating at the current time. Most of Smartsheet's value examination focuses on studying past and present price action to predict the probability of Smartsheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartsheet's price. Additionally, you may evaluate how the addition of Smartsheet to your portfolios can decrease your overall portfolio volatility.