Smart Share Global Stock Statistic Functions Beta

EM Stock  USD 0.72  0.04  5.26%   
Smart Share statistic functions tool provides the execution environment for running the Beta function and other technical functions against Smart Share. Smart Share value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Smart Share statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Smart Share Global correlated with the market. If Beta is less than 0 Smart Share generally moves in the opposite direction as compared to the market. If Smart Share Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Smart Share Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Smart Share is generally in the same direction as the market. If Beta > 1 Smart Share moves generally in the same direction as, but more than the movement of the benchmark.

Smart Share Technical Analysis Modules

Most technical analysis of Smart Share help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Smart from various momentum indicators to cycle indicators. When you analyze Smart charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Smart Share Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Smart Share Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Smart Share Global based on widely used predictive technical indicators. In general, we focus on analyzing Smart Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Smart Share's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Smart Share's intrinsic value. In addition to deriving basic predictive indicators for Smart Share, we also check how macroeconomic factors affect Smart Share price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding2.092.1234.3536.07
PTB Ratio0.580.770.340.32
Hype
Prediction
LowEstimatedHigh
0.040.715.73
Details
Intrinsic
Valuation
LowRealHigh
0.051.026.04
Details
Naive
Forecast
LowNextHigh
0.010.735.75
Details
2 Analysts
Consensus
LowTargetHigh
1.852.032.25
Details

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 Smart Share 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, Smart Share's short interest history, or implied volatility extrapolated from Smart Share options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
Momentum Idea
Momentum
Invested over 200 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Impulse Idea
Impulse
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
FinTech Idea
FinTech
Invested few shares
Trump Equities Idea
Trump Equities
Invested few shares
Millennials Best Idea
Millennials Best
Invested few shares
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
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.
Is Hotels, Restaurants & Leisure 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 Share. 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 Share 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
(0.62)
Earnings Share
0.03
Revenue Per Share
7.571
Quarterly Revenue Growth
(0.55)
Return On Assets
(0)
The market value of Smart Share Global 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 Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share'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 Share's market value can be influenced by many factors that don't directly affect Smart Share'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 Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Share'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.