Smart Powerr Corp Stock Market Value
| CREG Stock | USD 0.72 0.01 1.41% |
| Symbol | Smart |
Smart Powerr Corp Price To Book Ratio
Is Environmental & Facilities Services 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 Powerr. 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 Powerr 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 (0.14) | Revenue Per Share (0) | Return On Assets (0) | Return On Equity (0.01) |
The market value of Smart Powerr Corp 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 Powerr's value that differs from its market value or its book value, called intrinsic value, which is Smart Powerr'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 Powerr's market value can be influenced by many factors that don't directly affect Smart Powerr'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 Powerr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Powerr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Powerr'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 Powerr '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 Powerr'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 Powerr.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Smart Powerr on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Smart Powerr Corp or generate 0.0% return on investment in Smart Powerr over 360 days. Smart Powerr is related to or competes with Verde Clean, Ormat Technologies, Tokyo Electric, Verde Clean, Advent Technologies, Fusion Fuel, and Fluence Energy. Smart Powerr Corp. engages in the waste energy recycling business in China More
Smart Powerr 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 Powerr'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 Powerr Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 20.77 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 8.22 |
Smart Powerr Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smart Powerr's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smart Powerr's standard deviation. In reality, there are many statistical measures that can use Smart Powerr historical prices to predict the future Smart Powerr's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Smart Powerr'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 Powerr Corp Backtested Returns
Smart Powerr Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0336, which indicates the firm had a -0.0336% return per unit of risk over the last 3 months. Smart Powerr Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smart Powerr's Variance of 21.34, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,107) to confirm the risk estimate we provide. The entity has a beta of 1.04, which indicates a somewhat significant risk relative to the market. Smart Powerr returns are very sensitive to returns on the market. As the market goes up or down, Smart Powerr is expected to follow. At this point, Smart Powerr Corp has a negative expected return of -0.15%. Please make sure to validate Smart Powerr's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Smart Powerr Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Smart Powerr Corp has good predictability. Overlapping area represents the amount of predictability between Smart Powerr time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd of December 2024. 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 Powerr Corp price movement. The serial correlation of 0.75 indicates that around 75.0% of current Smart Powerr price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Smart Powerr Corp lagged returns against current returns
Autocorrelation, which is Smart Powerr 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 Powerr's stock expected returns. We can calculate the autocorrelation of Smart Powerr returns to help us make a trade decision. For example, suppose you find that Smart Powerr 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 Powerr 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 Powerr stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smart Powerr stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smart Powerr stock over time.
Current vs Lagged Prices |
| Timeline |
Smart Powerr Lagged Returns
When evaluating Smart Powerr's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smart Powerr stock have on its future price. Smart Powerr 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 Powerr autocorrelation shows the relationship between Smart Powerr stock current value and its past values and can show if there is a momentum factor associated with investing in Smart Powerr Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Smart Powerr Corp is a strong investment it is important to analyze Smart Powerr's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smart Powerr's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:Check out Smart Powerr Correlation, Smart Powerr Volatility and Smart Powerr Alpha and Beta module to complement your research on Smart Powerr. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Smart Powerr 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.