Smart Digital Group Stock Market Value
| SDM Stock | 17.61 0.13 0.73% |
| Symbol | Smart |
Smart Digital Group Price To Book Ratio
Is Advertising 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 Digital. 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 Digital 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 (0.09) | Earnings Share 0.06 | Revenue Per Share | Quarterly Revenue Growth 0.68 | Return On Assets |
The market value of Smart Digital Group 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Smart Digital'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 Digital's market value can be influenced by many factors that don't directly affect Smart Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Digital'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.
Smart Digital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Smart Digital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Smart Digital.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Smart Digital on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Smart Digital Group or generate 0.0% return on investment in Smart Digital over 90 days. Smart Digital is related to or competes with Cardinal Health, Avadel Pharmaceuticals, Joint Corp, and Tandem Diabetes. Smart Digital is entity of United States More
Smart Digital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Smart Digital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Smart Digital Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.94 | |||
| Information Ratio | 0.2203 | |||
| Maximum Drawdown | 78.12 | |||
| Value At Risk | (13.68) | |||
| Potential Upside | 38.86 |
Smart Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smart Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smart Digital's standard deviation. In reality, there are many statistical measures that can use Smart Digital historical prices to predict the future Smart Digital's volatility.| Risk Adjusted Performance | 0.1911 | |||
| Jensen Alpha | 3.42 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.372 | |||
| Treynor Ratio | 6.68 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Smart Digital'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.
Smart Digital Group Backtested Returns
Smart Digital is unstable given 3 months investment horizon. Smart Digital Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.48% are justified by taking the suggested risk. Use Smart Digital Group Coefficient Of Variation of 427.08, semi deviation of 7.83, and Risk Adjusted Performance of 0.1911 to evaluate company specific risk that cannot be diversified away. Smart Digital holds a performance score of 18 on a scale of zero to a hundred. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smart Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smart Digital is expected to be smaller as well. Use Smart Digital Group value at risk, and the relationship between the jensen alpha and skewness , to analyze future returns on Smart Digital Group.
Auto-correlation | 0.77 |
Good predictability
Smart Digital Group has good predictability. Overlapping area represents the amount of predictability between Smart Digital time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Smart Digital Group price movement. The serial correlation of 0.77 indicates that around 77.0% of current Smart Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 19.42 |
Smart Digital Group lagged returns against current returns
Autocorrelation, which is Smart Digital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Smart Digital's stock expected returns. We can calculate the autocorrelation of Smart Digital returns to help us make a trade decision. For example, suppose you find that Smart Digital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Smart Digital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Smart Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smart Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smart Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Smart Digital Lagged Returns
When evaluating Smart Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smart Digital stock have on its future price. Smart Digital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Smart Digital autocorrelation shows the relationship between Smart Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Smart Digital Group.
Regressed Prices |
| Timeline |
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Try AI Portfolio ProphetCheck out Smart Digital Correlation, Smart Digital Volatility and Smart Digital Alpha and Beta module to complement your research on Smart Digital. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Smart Digital 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.