Smith Nephew Plc Stock Alpha and Beta Analysis
| SNNUF Stock | USD 12.07 0.20 1.63% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Smith Nephew plc. 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 0.51 | Alpha (0.17) | Risk 2.22 | Sharpe Ratio (0.08) | Expected Return (0.18) |
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 | -0.17 | β | 0.51 |
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 pink sheet 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 pink sheet 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 Wed, Jan 17, 2024 and Tue, Apr 16, 2024 is 13.43 with a coefficient of variation of 5.05. The daily time series for the period is distributed with a sample standard deviation of 0.67, arithmetic mean of 13.28, and mean deviation of 0.53. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
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 pink sheets. Alpha measures the amount that position in Smith Nephew plc 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Smith Nephew in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Smith Nephew's short interest history, or implied volatility extrapolated from Smith Nephew options trading.
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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Smith Pink Sheet 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.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Smith Nephew technical pink sheet 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, pink sheet market cycles, or different charting patterns.