Smartrent Stock Alpha and Beta Analysis
| SMRT Stock | USD 1.58 0.02 1.25% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SmartRent. It also helps investors analyze the systematic and unsystematic risks associated with investing in SmartRent over a specified time horizon. Remember, high SmartRent'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 SmartRent's market risk premium analysis include:
Beta 0.67 | Alpha (0.03) | Risk 3.8 | Sharpe Ratio (0.02) | Expected Return (0.09) |
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.
SmartRent |
SmartRent Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SmartRent market risk premium is the additional return an investor will receive from holding SmartRent 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 SmartRent. 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 SmartRent's performance over market.| α | -0.03 | β | 0.67 |
SmartRent 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 SmartRent's Buy-and-hold return. Our buy-and-hold chart shows how SmartRent performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SmartRent Market Price Analysis
Market price analysis indicators help investors to evaluate how SmartRent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartRent shares will generate the highest return on investment. By understating and applying SmartRent stock market price indicators, traders can identify SmartRent position entry and exit signals to maximize returns.
SmartRent Return and Market Media
The median price of SmartRent for the period between Mon, Oct 21, 2024 and Sun, Jan 19, 2025 is 1.7 with a coefficient of variation of 7.09. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 1.68, and mean deviation of 0.1. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 243 shares by Derose-wilson Isaiah of SmartRent subject to Rule 16b-3 | 10/24/2024 |
2 | Acquisition by Kristen Lee of 10000 shares of SmartRent at 1.475 subject to Rule 16b-3 | 11/12/2024 |
3 | Acquisition by Martell Frank of 50000 shares of SmartRent at 1.4858 subject to Rule 16b-3 | 11/15/2024 |
4 | SmartRent Named to 2024 Deloitte Technology Fast 500 List | 11/25/2024 |
5 | SmartRent launches Alloy Deadbolt with Apple Wallet integration, enhancing access efficiency and management | 12/04/2024 |
6 | Disposition of 2099 shares by Robyn Young of SmartRent subject to Rule 16b-3 | 12/09/2024 |
7 | SmartRent, Inc. Shares Sold by Old West Investment Management LLC - MarketBeat | 12/11/2024 |
8 | SmartRent Launches 10M Investment Program to Fuel Next-Level Innovation and Customer Success | 12/16/2024 |
9 | Disposition of 1111 shares by Derose-wilson Isaiah of SmartRent subject to Rule 16b-3 | 12/18/2024 |
10 | Disposition of 6106 shares by Derose-wilson Isaiah of SmartRent subject to Rule 16b-3 | 12/19/2024 |
11 | Disposition of 244 shares by Derose-wilson Isaiah of SmartRent subject to Rule 16b-3 | 12/24/2024 |
12 | Disposition of 103 shares by Derose-wilson Isaiah of SmartRent at 1.55 subject to Rule 16b-3 | 12/26/2024 |
13 | Disposition of 2100 shares by Robyn Young of SmartRent subject to Rule 16b-3 | 01/08/2025 |
14 | Disposition of 417 shares by Kristen Lee of SmartRent subject to Rule 16b-3 | 01/17/2025 |
About SmartRent 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 SmartRent or other stocks. Alpha measures the amount that position in SmartRent 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.
| 2022 | 2023 | 2024 | 2025 (projected) | Days Sales Outstanding | 135.81 | 95.4 | 85.86 | 95.14 | PTB Ratio | 1.3 | 1.87 | 2.15 | 3.64 |
SmartRent Upcoming Company Events
As portrayed in its financial statements, the presentation of SmartRent's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SmartRent's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SmartRent's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SmartRent. Please utilize our Beneish M Score to check the likelihood of SmartRent's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.