Smart Global Holdings Price on October 15, 2024
| SGHDelisted Stock | USD 20.41 0.36 1.80% |
If you're considering investing in Smart Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smart Global stands at 20.41, as last reported on the 20th of December, with the highest price reaching 21.62 and the lowest price hitting 20.05 during the day. Smart Global appears to be not too volatile, given 3 months investment horizon. Smart Global Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Smart Global Holdings, which you can use to evaluate the volatility of the company. Please review Smart Global's Risk Adjusted Performance of (0.12), coefficient of variation of (626.43), and Variance of 9.81 to confirm if our risk estimates are consistent with your expectations.
Smart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Smart |
Sharpe Ratio = 0.1392
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SGH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Smart Global is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Smart Global by adding it to a well-diversified portfolio.
Smart Global Valuation on October 15, 2024
It is possible to determine the worth of Smart Global on a given historical date. On October 15, 2024 Smart was worth 20.05 at the beginning of the trading date compared to the closed value of 20.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smart Global stock. Still, in general, we apply an absolute valuation method to find Smart Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Smart Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smart Global's related companies.
| Open | High | Low | Close | Volume | |
| 20.90 | 21.33 | 20.61 | 20.85 | 666,292 | |
10/15/2024 | 20.05 | 21.62 | 20.05 | 20.41 | 848,472 |
| 20.05 | 21.62 | 20.05 | 20.41 | 0.00 |
| Backtest Smart Global | | | Smart Global History | | | Smart Global Valuation | Previous | Next |
Smart Global Trading Date Momentum on October 15, 2024
| On December 20 2024 Smart Global Holdings was traded for 20.41 at the closing time. Highest Smart Global's price during the trading hours was 21.62 and the lowest price during the day was 20.05 . There was no trading activity during the period 0.0. Lack of trading volume on the 20th of December did not result in any price rise and fall. The trading price change to current price is 1.76% . |
Smart Global Holdings Fundamentals Correlations and Trends
By evaluating Smart Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Smart Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smart Global Stock history
Smart Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Smart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smart Global Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Smart Global stock prices may prove useful in developing a viable investing in Smart Global
SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United States, Brazil, China, Europe, and internationally. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California. Smart Global operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 3600 people.
Smart Global Stock Technical Analysis
Smart Global 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Smart Global Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Smart Global Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Smart Global December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Smart Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smart Global shares will generate the highest return on investment. By undertsting and applying Smart Global stock market strength indicators, traders can identify Smart Global Holdings entry and exit signals to maximize returns
Smart Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smart Global's price direction in advance. Along with the technical and fundamental analysis of Smart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smart to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.4414 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Smart Stock
If you are still planning to invest in Smart Global Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Smart Global's history and understand the potential risks before investing.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |