SMX Public Number Of Shares Shorted vs. Beta
| SMX Stock | 0.29 0.05 14.12% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.18 | 0.21 |
|
|
For SMX Public profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SMX Public to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SMX Public Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SMX Public's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SMX Public Limited over time as well as its relative position and ranking within its peers.
SMX |
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 SMX Public. If investors know SMX 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 SMX Public listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 832.81 | Return On Assets (0.30) | Return On Equity 0.1235 |
The market value of SMX Public Limited is measured differently than its book value, which is the value of SMX that is recorded on the company's balance sheet. Investors also form their own opinion of SMX Public's value that differs from its market value or its book value, called intrinsic value, which is SMX Public'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 SMX Public's market value can be influenced by many factors that don't directly affect SMX Public'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 SMX Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if SMX Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SMX Public'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.
SMX Public Limited Beta vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SMX Public's current stock value. Our valuation model uses many indicators to compare SMX Public value to that of its competitors to determine the firm's financial worth. SMX Public Limited is rated third in number of shares shorted category among its peers. It is rated below average in beta category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SMX Public's earnings, one of the primary drivers of an investment's value.SMX Beta vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
SMX Public |
| = | 332.88 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
SMX Public |
| = | -1.93 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
SMX Beta Comparison
SMX Public is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning SMX Public are expected to decrease by larger amounts. On the other hand, during market turmoil, SMX Public is expected to outperform it.
SMX Public Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SMX Public, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SMX Public will eventually generate negative long term returns. The profitability progress is the general direction of SMX Public's change in net profit over the period of time. It can combine multiple indicators of SMX Public, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -491 K | -466.4 K | |
| Net Loss | -4.4 M | -4.7 M | |
| Net Interest Income | -6.3 M | -6 M | |
| Interest Income | 1.6 M | 1.7 M | |
| Operating Income | -19.9 M | -18.9 M | |
| Net Loss | -21 M | -19.9 M | |
| Income Before Tax | -20.9 M | -19.8 M | |
| Total Other Income Expense Net | -949 K | -901.5 K | |
| Net Loss | -20.9 M | -19.9 M | |
| Income Tax Expense | 26 K | 24.7 K | |
| Change To Netincome | 559.7 K | 907.6 K | |
| Net Loss | (153.99) | (146.29) | |
| Income Quality | 0.60 | 0.83 | |
| Net Income Per E B T | 0.90 | 0.80 |
SMX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SMX Public. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SMX Public position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SMX Public's important profitability drivers and their relationship over time.
Use SMX Public in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SMX Public position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SMX Public will appreciate offsetting losses from the drop in the long position's value.SMX Public Pair Trading
SMX Public Limited Pair Trading Analysis
The ability to find closely correlated positions to SMX Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SMX Public when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SMX Public - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SMX Public Limited to buy it.
The correlation of SMX Public is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SMX Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SMX Public Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SMX Public can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SMX Public position
In addition to having SMX Public in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 215 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for SMX Stock Analysis
When running SMX Public's price analysis, check to measure SMX Public'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 SMX Public is operating at the current time. Most of SMX Public's value examination focuses on studying past and present price action to predict the probability of SMX Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMX Public's price. Additionally, you may evaluate how the addition of SMX Public to your portfolios can decrease your overall portfolio volatility.