Smith Nephew Plc Stock Market Value
| SNNUF Stock | USD 16.80 1.86 12.45% |
| Symbol | Smith |
Smith Nephew '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 Smith Nephew's pink sheet 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 Smith Nephew.
| 05/09/2025 |
| 08/07/2025 |
If you would invest 0.00 in Smith Nephew on May 9, 2025 and sell it all today you would earn a total of 0.00 from holding Smith Nephew plc or generate 0.0% return on investment in Smith Nephew over 90 days. Smith Nephew is related to or competes with CochLear, Smith Nephew, Integer Holdings, Koninklijke Philips, Sonova Holding, Cochlear, and Sonova Holding. Smith Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices worldwide More
Smith Nephew 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 Smith Nephew's pink sheet 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 Smith Nephew plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.088 | |||
| Maximum Drawdown | 12.17 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.53 |
Smith Nephew Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smith Nephew's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smith Nephew's standard deviation. In reality, there are many statistical measures that can use Smith Nephew historical prices to predict the future Smith Nephew's volatility.| Risk Adjusted Performance | 0.1129 | |||
| Jensen Alpha | 0.2236 | |||
| Total Risk Alpha | 0.0222 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 0.4157 |
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.
Smith Nephew plc Backtested Returns
Smith Nephew appears to be not too volatile, given 3 months investment horizon. Smith Nephew plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Smith Nephew plc, which you can use to evaluate the volatility of the company. Please review Smith Nephew's Coefficient Of Variation of 738.56, risk adjusted performance of 0.1129, and Semi Deviation of 0.9578 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Smith Nephew holds a performance score of 9. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smith Nephew's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smith Nephew is expected to be smaller as well. Please check Smith Nephew's treynor ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Smith Nephew's existing price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Smith Nephew plc has very weak predictability. Overlapping area represents the amount of predictability between Smith Nephew time series from 9th of May 2025 to 23rd of June 2025 and 23rd of June 2025 to 7th of August 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 Smith Nephew plc price movement. The serial correlation of 0.17 indicates that over 17.0% of current Smith Nephew price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Smith Nephew plc lagged returns against current returns
Autocorrelation, which is Smith Nephew pink sheet'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 Smith Nephew's pink sheet expected returns. We can calculate the autocorrelation of Smith Nephew returns to help us make a trade decision. For example, suppose you find that Smith Nephew has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Smith Nephew 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 Smith Nephew pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smith Nephew pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smith Nephew pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Smith Nephew Lagged Returns
When evaluating Smith Nephew's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smith Nephew pink sheet have on its future price. Smith Nephew 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, Smith Nephew autocorrelation shows the relationship between Smith Nephew pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Smith Nephew plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Smith Pink Sheet
Smith Nephew financial ratios help investors to determine whether Smith Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Smith with respect to the benefits of owning Smith Nephew security.