Smith Nephew Snats Stock Alpha and Beta Analysis
| SNN Stock | USD 24.80 0.44 1.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Smith Nephew SNATS. It also helps investors analyze the systematic and unsystematic risks associated with investing in Smith Nephew over a specified time horizon. Remember, high Smith Nephew'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 Smith Nephew's market risk premium analysis include:
Beta 0.92 | Alpha (0.24) | Risk 1.41 | Sharpe Ratio (0.10) | Expected Return (0.15) |
Enterprise Value |
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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.
Smith |
Smith Nephew Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Smith Nephew market risk premium is the additional return an investor will receive from holding Smith Nephew 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 Smith Nephew. 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 Smith Nephew's performance over market.| α | -0.24 | β | 0.92 |
Smith Nephew 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 Smith Nephew's Buy-and-hold return. Our buy-and-hold chart shows how Smith Nephew performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Smith Nephew Market Price Analysis
Market price analysis indicators help investors to evaluate how Smith Nephew stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smith Nephew shares will generate the highest return on investment. By understating and applying Smith Nephew stock market price indicators, traders can identify Smith Nephew position entry and exit signals to maximize returns.
Smith Nephew Return and Market Media
The median price of Smith Nephew for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 26.91 with a coefficient of variation of 5.4. The daily time series for the period is distributed with a sample standard deviation of 1.42, arithmetic mean of 26.29, and mean deviation of 1.25. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Smith Nephew falls Monday, underperforms market | 01/29/2024 |
2 | Are Investors Undervaluing Smith Nephew SNATS Right Now | 02/21/2024 |
3 | Smith Nephew falls Monday, still outperforms market | 03/04/2024 |
4 | Some Investors May Be Worried About Smith Nephews Returns On Capital | 03/18/2024 |
5 | SmithNephew teams up with UFC to be first-ever Preferred Sports Medicine Technology Partner - The Globe and Mail | 03/25/2024 |
6 | Smith Nephew goes ex dividend Monday | 03/28/2024 |
7 | Smith Nephew PLCs Dividend Analysis | 04/01/2024 |
8 | Investors five-year losses continue as Smith Nephew dips a further 5.6 percent this week, earnings continue to decline | 04/03/2024 |
9 | European shares fall after US pullback | 04/05/2024 |
10 | Tissue Engineered Skin Substitute Market Projected to Reach US 3.5 Billion by 2034 Future Market Insights, Inc. | 04/08/2024 |
11 | Global Medical Tapes and Bandages Market Size, Share Trends Analysis Report 2024-2030 Featuring 3M, Braun, Smith Nephew, Coloplast, and JJ Among Others | 04/11/2024 |
12 | Smith Nephew plc Not Flying Under The Radar | 04/16/2024 |
13 | Pain Management Devices Market To Reach USD 17.2 Billion By 2032, Says DataHorizzon Research | 04/22/2024 |
About Smith Nephew 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 Smith or other stocks. Alpha measures the amount that position in Smith Nephew SNATS 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) | Dividend Yield | 0.0217 | 0.0279 | 0.0275 | 0.0289 | Price To Sales Ratio | 2.91 | 2.25 | 2.14 | 2.03 |
Smith Nephew Upcoming Company Events
As portrayed in its financial statements, the presentation of Smith Nephew's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smith Nephew's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Smith Nephew's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Smith Nephew. Please utilize our Beneish M Score to check the likelihood of Smith Nephew's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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 Smith Nephew
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 Smith Nephew Backtesting, Smith Nephew Valuation, Smith Nephew Correlation, Smith Nephew Hype Analysis, Smith Nephew Volatility, Smith Nephew History and analyze Smith Nephew Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Smith Stock analysis
When running Smith Nephew's price analysis, check to measure Smith Nephew'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 Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Smith Nephew 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.