Smart For Life Stock Volatility
| SMFL Stock | USD 0 0.0002 8.70% |
Smart For is out of control given 3 months investment horizon. Smart for Life owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28 % return per unit of risk over the last 3 months. We were able to analyze and collect data for six different technical indicators, which can help you to evaluate if expected returns of 65.33% are justified by taking the suggested risk. Use Smart for Life Day Typical Price of 0.0021, daily balance of power of (9,223,372,036,855), and Period Momentum Indicator of (0.0002) to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.2778
| High Returns | Best Equity | SMFL | ||
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Based on monthly moving average Smart For is performing at about 22% 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 Smart For by adding it to a well-diversified portfolio.
Key indicators related to Smart For's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Smart For Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Smart daily returns, and it is calculated using variance and standard deviation. We also use Smart's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Smart For volatility.
Smart for Life Stock Volatility Analysis
Volatility refers to the frequency at which Smart For stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Smart For's price changes. Investors will then calculate the volatility of Smart For's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Smart For's volatility:
Historical Volatility
This type of stock volatility measures Smart For's fluctuations based on previous trends. It's commonly used to predict Smart For's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Smart For's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Smart For's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Smart for Life Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Smart For Projected Return Density Against Market
Given the investment horizon of 90 days Smart For has a beta that is very close to zero . This usually implies the returns on DOW JONES INDUSTRIAL and Smart For do not appear to be very sensitive.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Smart For or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Smart For's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Smart stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
It does not look like Smart For's alpha can have any bearing on the current valuation. Predicted Return Density |
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What Drives a Smart For Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Smart For Stock Return Volatility
Smart For historical daily return volatility represents how much of Smart For stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 235.2027% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7029% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Smart Stock performing well and Smart For Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Smart For's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
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| OGGFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AVIX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VRED | 31.74 | 24.57 | 0.00 | (0.16) | 0.00 | 0.00 | 1,000.00 | |||
| GLCC | 31.74 | 21.76 | 0.00 | (0.24) | 0.00 | 0.00 | 0.00 | |||
| EMPO | 6.15 | 3.34 | 0.00 | (1.16) | 0.00 | 0.00 | 200.00 | |||
| ZVOI | 82.81 | 36.24 | 0.50 | 1.28 | 28.61 | 150.00 | 1,097 | |||
| TTCFQ | 203.23 | 98.11 | 0.93 | 4.49 | 37.14 | 1,000.00 | 1,100 | |||
| TDNT | 3.12 | 1.80 | 0.00 | (0.60) | 0.00 | 0.00 | 100.00 | |||
| HPTN | 7.06 | 3.35 | 0.00 | 1.08 | 0.00 | 0.00 | 200.00 | |||
| SHRG | 5.66 | 2.53 | 0.00 | (0.46) | 0.00 | 0.00 | 145.83 |
About Smart For Volatility
Volatility is a rate at which the price of Smart For or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Smart For may increase or decrease. In other words, similar to Smart's beta indicator, it measures the risk of Smart For and helps estimate the fluctuations that may happen in a short period of time. So if prices of Smart For fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. Smart for Life, Inc. was founded in 2002 and is based in Miami, Florida. Smart For operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 114 people.
Smart For's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Smart Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Smart For's price varies over time.
3 ways to utilize Smart For's volatility to invest better
Higher Smart For's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Smart for Life stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Smart for Life stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Smart for Life investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Smart For's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Smart For's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Smart For Investment Opportunity
Smart for Life has a volatility of 235.2 and is 336.0 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Smart for Life is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Smart for Life to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Smart For to be traded at $0.002 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| GOOG | Alphabet Inc Class C | |
| V | Visa Class A | |
| MSFT | Microsoft | |
| GOOG | Alphabet Inc Class C | |
| GM | General Motors | |
| F | Ford Motor |
Smart For Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Alphabet vs. Smart For | ||
| Visa vs. Smart For | ||
| Ford vs. Smart For | ||
| Microsoft vs. Smart For | ||
| GM vs. Smart For | ||
| Walker Dunlop vs. Smart For | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Smart For as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Smart For's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Smart For's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Smart for Life.
When determining whether Smart for Life is a strong investment it is important to analyze Smart For's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smart For's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart for Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smart For. If investors know Smart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smart For listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Smart for Life is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart For's value that differs from its market value or its book value, called intrinsic value, which is Smart For's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smart For's market value can be influenced by many factors that don't directly affect Smart For's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smart For's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart For is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart For's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.