Smith Nephew Snats Stock Probability of Future Stock Price Finishing Over 50.57

SNN Stock  USD 25.36  0.98  3.72%   
Smith Nephew's implied volatility is one of the determining factors in the pricing options written on Smith Nephew SNATS. Implied volatility approximates the future value of Smith Nephew based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Smith Nephew SNATS over a specific time period. For example, 2024-04-19 CALL at $25.0 is a CALL option contract on Smith Nephew's common stock with a strick price of 25.0 expiring on 2024-04-19. The contract was last traded on 2024-03-15 at 15:38:57 for $2.4 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $0.9. The implied volatility as of the 29th of March is 10.14. View All Smith options

Closest to current price Smith long CALL Option Payoff at Expiration

Smith Nephew's future price is the expected price of Smith Nephew instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Smith Nephew SNATS performance during a given time horizon utilizing its historical volatility. Check out Smith Nephew Backtesting, Smith Nephew Valuation, Smith Nephew Correlation, Smith Nephew Hype Analysis, Smith Nephew Volatility, Smith Nephew History as well as Smith Nephew Performance.
  
At this time, Smith Nephew's Price To Sales Ratio is very stable compared to the past year. As of the 29th of March 2024, Price Earnings To Growth Ratio is likely to grow to 0.36, while Price Earnings Ratio is likely to drop 30.89. Please specify Smith Nephew's target price for which you would like Smith Nephew odds to be computed.

Smith Nephew Target Price Odds to finish over 50.57

The tendency of Smith Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 50.57  or more in 90 days
 25.36 90 days 50.57 
close to zero percent
Based on a normal probability distribution, the odds of Smith Nephew to move over $ 50.57  or more in 90 days from now is close to zero percent (This Smith Nephew SNATS probability density function shows the probability of Smith Stock to fall within a particular range of prices over 90 days) . Probability of Smith Nephew SNATS price to stay between its current price of $ 25.36  and $ 50.57  at the end of the 90-day period is close to 99 .
Considering the 90-day investment horizon Smith Nephew has a beta of 0.92. This usually implies Smith Nephew SNATS market returns are highly reactive to returns on the market. As the market goes up or down, Smith Nephew is expected to follow. Additionally Smith Nephew SNATS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Smith Nephew Price Density   
       Price  

Predictive Modules for Smith Nephew

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smith Nephew SNATS. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Smith Nephew's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
23.8025.3526.90
Details
Intrinsic
Valuation
LowRealHigh
22.8228.7830.33
Details
Naive
Forecast
LowNextHigh
23.6925.2426.78
Details
4 Analysts
Consensus
LowTargetHigh
28.5131.3334.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Smith Nephew. Your research has to be compared to or analyzed against Smith Nephew's peers to derive any actionable benefits. When done correctly, Smith Nephew's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Smith Nephew SNATS.

Smith Nephew Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Smith Nephew is not an exception. The market had few large corrections towards the Smith Nephew's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Smith Nephew SNATS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Smith Nephew within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.22
β
Beta against NYSE Composite0.92
σ
Overall volatility
0.78
Ir
Information ratio -0.16

Smith Nephew Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Smith Nephew for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Smith Nephew SNATS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Smith Nephew SNATS generated a negative expected return over the last 90 days
Latest headline from finance.yahoo.com: Endoscopy Equipment Market Worth 46.2 billion MarketsandMarkets

Smith Nephew Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Smith Stock often depends not only on the future outlook of the current and potential Smith Nephew's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Smith Nephew's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding436.5 M
Cash And Short Term Investments302 M

Smith Nephew Technical Analysis

Smith Nephew's future price can be derived by breaking down and analyzing its technical indicators over time. Smith Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Smith Nephew SNATS. In general, you should focus on analyzing Smith Stock price patterns and their correlations with different microeconomic environments and drivers.

Smith Nephew Predictive Forecast Models

Smith Nephew's time-series forecasting models is one of many Smith Nephew's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Smith Nephew's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Smith Nephew SNATS

Checking the ongoing alerts about Smith Nephew for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Smith Nephew SNATS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Smith Nephew SNATS generated a negative expected return over the last 90 days
Latest headline from finance.yahoo.com: Endoscopy Equipment Market Worth 46.2 billion MarketsandMarkets
When determining whether Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:

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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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Is Smith Nephew's industry 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 Smith Nephew. If investors know Smith 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 Smith Nephew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.983
Dividend Share
0.375
Earnings Share
0.6
Revenue Per Share
2.5484
Quarterly Revenue Growth
0.076
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew'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 Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew'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 Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew'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.