Smart Share Global Stock Shares Owned By Institutions
| EM Stock | USD 0.62 0.03 5.08% |
Smart Share Global fundamentals help investors to digest information that contributes to Smart Share's financial success or failures. It also enables traders to predict the movement of Smart Stock. The fundamental analysis module provides a way to measure Smart Share's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Smart Share stock.
Smart | Shares Owned By Institutions |
Smart Share Global Company Shares Owned By Institutions Analysis
Smart Share's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Smart Share Shares Owned By Institutions | 6.82 % |
Most of Smart Share's fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Smart Share Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Smart Shares Owned By Institutions Driver Correlations
Understanding the fundamental principles of building solid financial models for Smart Share is extremely important. It helps to project a fair market value of Smart Stock properly, considering its historical fundamentals such as Shares Owned By Institutions. Since Smart Share's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Smart Share's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Smart Share's interrelated accounts and indicators.
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Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
| Competition |
Based on the latest financial disclosure, 6.81699999999999% of Smart Share Global are shares owned by institutions. This is 88.66% lower than that of the Hotels, Restaurants & Leisure sector and 91.76% lower than that of the Consumer Discretionary industry. The shares owned by institutions for all United States stocks is 82.61% higher than that of the company.
Smart Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smart Share's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Smart Share could also be used in its relative valuation, which is a method of valuing Smart Share by comparing valuation metrics of similar companies.Smart Share is currently under evaluation in shares owned by institutions category among related companies.
Smart Fundamentals
| Return On Equity | 0.0325 | ||||
| Return On Asset | -1.0E-4 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | (2.81 B) | ||||
| Shares Outstanding | 259.58 M | ||||
| Shares Owned By Insiders | 15.33 % | ||||
| Shares Owned By Institutions | 6.82 % | ||||
| Number Of Shares Shorted | 31.14 K | ||||
| Price To Earning | 61.55 X | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 0.05 X | ||||
| Revenue | 2.96 B | ||||
| Gross Profit | 2.28 B | ||||
| EBITDA | 420.28 M | ||||
| Net Income | 87.74 M | ||||
| Cash And Equivalents | 2.86 B | ||||
| Cash Per Share | 11.04 X | ||||
| Total Debt | 10.62 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 2.80 X | ||||
| Book Value Per Share | 10.60 X | ||||
| Cash Flow From Operations | 416.5 M | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Target Price | 1.11 | ||||
| Beta | 0.48 | ||||
| Market Capitalization | 153.6 M | ||||
| Total Asset | 4.43 B | ||||
| Retained Earnings | (9.23 B) | ||||
| Working Capital | 2.56 B | ||||
| Current Asset | 306.31 M | ||||
| Current Liabilities | 141.6 M | ||||
| Net Asset | 4.43 B |
About Smart Share Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smart Share Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smart Share using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smart Share Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Smart Share in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Smart Share's short interest history, or implied volatility extrapolated from Smart Share options trading.
Pair Trading with Smart Share
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 Smart Share 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 Smart Share will appreciate offsetting losses from the drop in the long position's value.Moving together with Smart Stock
| 0.9 | H | Hyatt Hotels Earnings Call This Week | PairCorr |
| 0.79 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
| 0.71 | SG | Sweetgreen Buyout Trend | PairCorr |
| 0.79 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
Moving against Smart Stock
| 0.47 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.47 | CZR | Caesars Entertainment Financial Report 7th of May 2024 | PairCorr |
| 0.41 | FAT | FAT Brands Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Smart Share could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smart Share 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 Smart Share - 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 Smart Share Global to buy it.
The correlation of Smart Share 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 Smart Share moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smart Share Global 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 Smart Share 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.Check out Smart Share Piotroski F Score and Smart Share Altman Z Score analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Smart Stock analysis
When running Smart Share's price analysis, check to measure Smart Share'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 Smart Share is operating at the current time. Most of Smart Share's value examination focuses on studying past and present price action to predict the probability of Smart Share's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Share's price. Additionally, you may evaluate how the addition of Smart Share to your portfolios can decrease your overall portfolio volatility.
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Is Smart Share's industry 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 Share. 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 Share listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.05 | Revenue Per Share 11.384 | Quarterly Revenue Growth (0.18) | Return On Assets (0.0001) | Return On Equity 0.0325 |
The market value of Smart Share Global 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 Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share'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 Share's market value can be influenced by many factors that don't directly affect Smart Share'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 Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Share'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.