Smg Industries Stock Market Value
| SMGI Stock | USD 0 0.00 0.00% |
| Symbol | SMG |
SMG Industries '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 SMG Industries' 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 SMG Industries.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in SMG Industries on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding SMG Industries or generate 0.0% return on investment in SMG Industries over 30 days. SMG Industries is related to or competes with Worley Parsons, Saipem SpA, Bri-Chem Corp, Pulse Seismic, and Calfrac Well. SMG Industries Inc. operates as a transportation company in the United States More
SMG Industries 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 SMG Industries' 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 SMG Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1765 | |||
| Maximum Drawdown | 150.0 |
SMG Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMG Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SMG Industries' standard deviation. In reality, there are many statistical measures that can use SMG Industries historical prices to predict the future SMG Industries' volatility.| Risk Adjusted Performance | 0.1399 | |||
| Jensen Alpha | 4.12 | |||
| Total Risk Alpha | 5.98 | |||
| Treynor Ratio | 7.17 |
SMG Industries Backtested Returns
SMG Industries is out of control given 3 months investment horizon. SMG Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of volatility over the last 3 months. We were able to analyze and collect data for sixteen different technical indicators, which can help you to evaluate if expected returns of 4.43% are justified by taking the suggested risk. Use SMG Industries risk adjusted performance of 0.1399, and Variance of 550.7 to evaluate company specific risk that cannot be diversified away. SMG Industries holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SMG Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding SMG Industries is expected to be smaller as well. Use SMG Industries standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to analyze future returns on SMG Industries.
Auto-correlation | 0.00 |
No correlation between past and present
SMG Industries has no correlation between past and present. Overlapping area represents the amount of predictability between SMG Industries time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 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 SMG Industries price movement. The serial correlation of 0.0 indicates that just 0.0% of current SMG Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SMG Industries lagged returns against current returns
Autocorrelation, which is SMG Industries 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 SMG Industries' pink sheet expected returns. We can calculate the autocorrelation of SMG Industries returns to help us make a trade decision. For example, suppose you find that SMG Industries 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 |
SMG Industries 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 SMG Industries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SMG Industries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SMG Industries pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SMG Industries Lagged Returns
When evaluating SMG Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SMG Industries pink sheet have on its future price. SMG Industries 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, SMG Industries autocorrelation shows the relationship between SMG Industries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SMG Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SMG Pink Sheet
SMG Industries financial ratios help investors to determine whether SMG 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 SMG with respect to the benefits of owning SMG Industries security.