Smart Sand Stock Alpha and Beta Analysis
| SND Stock | USD 2.32 0.03 1.31% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Smart Sand. It also helps investors analyze the systematic and unsystematic risks associated with investing in Smart Sand over a specified time horizon. Remember, high Smart Sand'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 Smart Sand's market risk premium analysis include:
Beta 1.15 | Alpha 0.16 | Risk 3.51 | Sharpe Ratio 0.0795 | Expected Return 0.28 |
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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.
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Smart Sand Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Smart Sand market risk premium is the additional return an investor will receive from holding Smart Sand 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 Smart Sand. 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 Smart Sand's performance over market.| α | 0.16 | β | 1.15 |
Smart Sand 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 Smart Sand's Buy-and-hold return. Our buy-and-hold chart shows how Smart Sand performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Smart Sand Market Price Analysis
Market price analysis indicators help investors to evaluate how Smart Sand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smart Sand shares will generate the highest return on investment. By understating and applying Smart Sand stock market price indicators, traders can identify Smart Sand position entry and exit signals to maximize returns.
Smart Sand Return and Market Media
The median price of Smart Sand for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 2.07 with a coefficient of variation of 7.91. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 2.09, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 5238 shares by Lee Beckelman of Smart Sand at 1.94 subject to Rule 16b-3 | 09/06/2024 |
2 | Disposition of 6454 shares by Lee Beckelman of Smart Sand at 1.79 subject to Rule 16b-3 | 09/10/2024 |
3 | Shareholders in Smart Sand are in the red if they invested three years ago | 09/30/2024 |
4 | Is Smart Sand Stock Undervalued Right Now | 10/15/2024 |
5 | Zacks Industry Outlook Highlights Baker Hughes, Archrock, Smart Sand, SLB and Halliburton | 10/25/2024 |
| Smart Sand dividend paid on 28th of October 2024 | 10/28/2024 |
6 | Are Investors Undervaluing Smart Sand Right Now | 10/31/2024 |
7 | Smart Sand Inc Q3 2024 Earnings Report Preview What to Look For | 11/11/2024 |
8 | Smart Sand GAAP EPS of 0.00 misses by 0.01, revenue of 63.16M misses by 3.64M | 11/12/2024 |
9 | BPs JV With EnBW to Remain Unaffected Amid Renewables Scale-Down | 11/13/2024 |
10 | Smart Sand Inc Q3 2024 Earnings Call Highlights Navigating Growth Amidst Market Challenges | 11/14/2024 |
11 | BP Wins Exploration Rights for Shallow Water Block Offshore Trinidad | 11/20/2024 |
About Smart Sand 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 Smart or other stocks. Alpha measures the amount that position in Smart Sand 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) | Payables Turnover | 16.81 | 15.67 | 15.86 | 14.7 | Days Of Inventory On Hand | 38.47 | 32.58 | 38.48 | 69.06 |
Smart Sand Upcoming Company Events
As portrayed in its financial statements, the presentation of Smart Sand's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smart Sand's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Smart Sand's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Smart Sand. Please utilize our Beneish M Score to check the likelihood of Smart Sand's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Smart Sand
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Smart Sand Backtesting, Smart Sand Valuation, Smart Sand Correlation, Smart Sand Hype Analysis, Smart Sand Volatility, Smart Sand History and analyze Smart Sand Performance. For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Smart Sand technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.