Smart Share Ownership
| EM Stock | USD 1.09 0.07 6.86% |
Shares in Circulation | First Issued 2018-12-31 | Previous Quarter 519.2 M | Current Value 260 M | Avarage Shares Outstanding 236.6 M | Quarterly Volatility 102 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
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Smart Stock Ownership Analysis
About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. Smart Share Global last dividend was issued on the 30th of May 2024. Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the Peoples Republic of China. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the Peoples Republic of China. Smart Share operates under Personal Services classification in the United States and is traded on NASDAQ Exchange. It employs 5094 people. To learn more about Smart Share Global call Mars Cai at 86 21 6050 3535 or check out https://www.enmonster.com.Besides selling stocks to institutional investors, Smart Share also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Smart Share's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Smart Share's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Smart Share Quarterly Liabilities And Stockholders Equity |
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About 15.0% of Smart Share Global are currently held by insiders. Unlike Smart Share's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Smart Share's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Smart Share's insider trades
Smart Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Smart Share is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Smart Share Global backward and forwards among themselves. Smart Share's institutional investor refers to the entity that pools money to purchase Smart Share's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-09-30 | 0.0 | Commonwealth Equity Services Inc | 2023-09-30 | 0.0 | Renaissance Technologies Corp | 2023-09-30 | 0.0 | Lmr Partners Llp | 2023-12-31 | 0.0 | The Carlyle Group Inc | 2023-12-31 | 4.8 M | Aspex Management (hk) Ltd | 2023-12-31 | 4.5 M | Hillhouse Capital Advisors, Ltd. | 2023-12-31 | 3.9 M | Hel Ved Capital Management Ltd | 2023-12-31 | 1.1 M | Rhumbline Advisers | 2023-12-31 | 62.6 K | Millennium Management Llc | 2023-12-31 | 27.4 K | Clear Creek Investment Mgmt Llc | 2023-12-31 | 15 K |
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
| 0.61 | BH | Biglari Holdings | PairCorr |
| 0.73 | WING | Wingstop | PairCorr |
| 0.89 | EAT | Brinker International Fiscal Year End 21st of August 2024 | PairCorr |
Moving against Smart Stock
| 0.61 | PTLO | Portillos | PairCorr |
| 0.6 | CHUY | Chuys Holdings | PairCorr |
| 0.5 | ARKR | Ark Restaurants Corp | PairCorr |
| 0.48 | PBPB | Potbelly | PairCorr |
| 0.46 | 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.