Smith Midland Corp Stock Price on December 20, 2024

SMID Stock  USD 43.68  0.30  0.69%   
Below is the normalized historical share price chart for Smith Midland Corp extending back to December 13, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Smith Midland stands at 43.68, as last reported on the 23rd of December, with the highest price reaching 44.44 and the lowest price hitting 42.15 during the day.
IPO Date
13th of December 1995
200 Day MA
36.1513
50 Day MA
40.3096
Beta
1.241
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Smith Stock, it is important to understand the factors that can impact its price. Smith Midland appears to be very steady, given 3 months investment horizon. Smith Midland Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0926, which indicates the firm had a 0.0926% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Smith Midland Corp, which you can use to evaluate the volatility of the company. Please review Smith Midland's Risk Adjusted Performance of 0.0608, semi deviation of 3.49, and Coefficient Of Variation of 1502.99 to confirm if our risk estimates are consistent with your expectations.
  
At present, Smith Midland's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 9.1 M, whereas Common Stock Total Equity is forecasted to decline to about 48.7 K. . At present, Smith Midland's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.38, whereas Price Earnings To Growth Ratio is projected to grow to (1.63). Smith Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0926

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Estimated Market Risk

 4.13
  actual daily
36
64% of assets are more volatile

Expected Return

 0.38
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Smith Midland is performing at about 7% 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 Smith Midland by adding it to a well-diversified portfolio.
Price Book
5.6719
Enterprise Value Ebitda
19.7481
Price Sales
3.3626
Shares Float
4.5 M
Earnings Share
1.22

Smith Midland Main Headline on 20th of December 2024

Warren Buffett famously said, Volatility is far from synonymous with risk. When we think about how risky a company...

Smith Midland Valuation on December 20, 2024

It is possible to determine the worth of Smith Midland on a given historical date. On December 20, 2024 Smith was worth 42.37 at the beginning of the trading date compared to the closed value of 43.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smith Midland stock. Still, in general, we apply an absolute valuation method to find Smith Midland'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 Smith Midland where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smith Midland's related companies.
 Open High Low Close Volume
  44.15    48.41    43.05    43.77    27,083  
12/20/2024
  42.37    45.00    42.37    43.38    39,604  
  43.38    44.44    42.15    43.68    20,519  
Backtest Smith Midland  |  Smith Midland History  |  Smith Midland Valuation   PreviousNext  
Open Value
42.37
43.38
Closing Value
54.77
Upside

Smith Midland Trading Date Momentum on December 20, 2024

On December 23 2024 Smith Midland Corp was traded for  43.68  at the closing time. The top price for the day was 44.44  and the lowest listed price was  42.15 . The trading volume for the day was 20.5 K. The trading history from December 23, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.69% . The trading price change against the current closing price is 0.00% .

Smith Midland Corp Fundamentals Correlations and Trends

By evaluating Smith Midland'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 Smith Midland's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smith financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Smith Midland Stock history

Smith Midland 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 Smith is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smith Midland Corp 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 Smith Midland stock prices may prove useful in developing a viable investing in Smith Midland
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.3 M4.7 M
Net Income Applicable To Common Shares920 K1.8 M

Smith Midland Quarterly Net Working Capital

22.39 Million

Smith Midland Stock Technical Analysis

Smith Midland 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.
A focus of Smith Midland technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Smith Midland trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Smith Midland Period Price Range

Low
December 23, 2024
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High

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Smith Midland Corp 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.

Smith Midland December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Smith Midland stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smith Midland shares will generate the highest return on investment. By undertsting and applying Smith Midland stock market strength indicators, traders can identify Smith Midland Corp entry and exit signals to maximize returns

Smith Midland Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Smith Midland's price direction in advance. Along with the technical and fundamental analysis of Smith Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smith 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.

Complementary Tools for Smith Stock analysis

When running Smith Midland's price analysis, check to measure Smith Midland'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 Midland is operating at the current time. Most of Smith Midland's value examination focuses on studying past and present price action to predict the probability of Smith Midland'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 Midland's price. Additionally, you may evaluate how the addition of Smith Midland to your portfolios can decrease your overall portfolio volatility.
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