Smith Micro Software Stock Alpha and Beta Analysis
| SMSI Stock | USD 0.86 0.03 3.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Smith Micro Software. It also helps investors analyze the systematic and unsystematic risks associated with investing in Smith Micro over a specified time horizon. Remember, high Smith Micro's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Smith Micro's market risk premium analysis include:
Beta (1.81) | Alpha 1.37 | Risk 15.8 | Sharpe Ratio 0.0807 | Expected Return 1.27 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Smith |
Smith Micro Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Smith Micro market risk premium is the additional return an investor will receive from holding Smith Micro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Smith Micro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Smith Micro's performance over market.| α | 1.37 | β | -1.81 |
Smith Micro expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Smith Micro's Buy-and-hold return. Our buy-and-hold chart shows how Smith Micro performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Smith Micro Market Price Analysis
Market price analysis indicators help investors to evaluate how Smith Micro 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 Micro shares will generate the highest return on investment. By understating and applying Smith Micro stock market price indicators, traders can identify Smith Micro position entry and exit signals to maximize returns.
Smith Micro Return and Market Media
The median price of Smith Micro for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 0.85 with a coefficient of variation of 19.91. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 0.85, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 554 shares by William Smith of Smith Micro at 0.584 subject to Rule 16b-3 | 09/17/2024 |
2 | Acquisition by William Smith of 2575107 shares of Smith Micro at 1.165 subject to Rule 16b-3 | 10/01/2024 |
3 | Smith Micro Founder and CEO Bill Smith to Invest 3.0 Million in Financing | 10/02/2024 |
4 | Disposition of 1386 shares by Kempton James M of Smith Micro at 1.02 subject to Rule 16b-3 | 10/17/2024 |
5 | Smith Micro Schedules Teleconference to Announce Third Quarter 2024 Financial Results | 11/07/2024 |
6 | Smith Micro Software Q3 2024 Earnings Preview | 11/12/2024 |
7 | Smith Micro Reports Third Quarter 2024 Financial Results | 11/13/2024 |
8 | Smith Micro Software Inc Q3 2024 Earnings Call Highlights Navigating Revenue Declines ... | 11/14/2024 |
9 | Smith Micro Deploys SafePath Solution in Spain, Powering the Newly Launched Orange Spain TYo Childrens Mobile Plan | 11/19/2024 |
10 | Smith Micro Software, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com | 11/21/2024 |
11 | Disposition of 322 shares by Kempton James M of Smith Micro subject to Rule 16b-3 | 11/25/2024 |
12 | Smith Micro Software faces Nasdaq delisting over share price | 11/27/2024 |
About Smith Micro Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Smith or other stocks. Alpha measures the amount that position in Smith Micro Software has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 7.36E-4 | 6.99E-4 | Price To Sales Ratio | 1.3 | 1.23 |
Smith Micro Upcoming Company Events
As portrayed in its financial statements, the presentation of Smith Micro's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smith Micro's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Smith Micro's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Smith Micro. Please utilize our Beneish M Score to check the likelihood of Smith Micro's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Smith Micro
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Smith Micro Backtesting, Smith Micro Valuation, Smith Micro Correlation, Smith Micro Hype Analysis, Smith Micro Volatility, Smith Micro History and analyze Smith Micro Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Smith Micro 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.