Smart for Life, Volatility
| SMFLDelisted Stock | USD 0.03 0.01 32.94% |
Smart for Life, owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Smart for Life, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smart For's Risk Adjusted Performance of (0.17), coefficient of variation of (425.33), and Variance of 328.45 to confirm the risk estimate we provide. Key indicators related to Smart For's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Smart For Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Smart daily returns, and it is calculated using variance and standard deviation. We also use Smart's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Smart For volatility.
Smart |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Smart For at lower prices. For example, an investor can purchase Smart stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with Smart Stock
Moving against Smart Stock
| 0.87 | LW | Lamb Weston Holdings | PairCorr |
| 0.77 | JVA | Coffee Holding | PairCorr |
| 0.76 | LSF | Laird Superfood | PairCorr |
| 0.65 | FRPT | Freshpet | PairCorr |
| 0.63 | BRLSW | Borealis Foods Symbol Change | PairCorr |
| 0.61 | K | Kellanova | PairCorr |
| 0.36 | BOF | BranchOut Food Common | PairCorr |
Smart For Market Sensitivity And Downside Risk
Smart For's beta coefficient measures the volatility of Smart stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Smart stock's returns against your selected market. In other words, Smart For's beta of 0.62 provides an investor with an approximation of how much risk Smart For stock can potentially add to one of your existing portfolios. Smart for Life, is displaying above-average volatility over the selected time horizon. Smart for Life, is a penny stock. Although Smart For may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Smart for Life,. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Smart instrument if you perfectly time your entry and exit. However, remember that penny delisted stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Smart for Life, Demand TrendCheck current 90 days Smart For correlation with market (Dow Jones Industrial)Smart Beta |
Smart standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 24.56 |
It is essential to understand the difference between upside risk (as represented by Smart For's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Smart For's daily returns or price. Since the actual investment returns on holding a position in smart stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Smart For.
Smart for Life, Stock Volatility Analysis
Volatility refers to the frequency at which Smart For delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Smart For's price changes. Investors will then calculate the volatility of Smart For's stock to predict their future moves. A delisted stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile delisted stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Smart For's volatility:
Historical Volatility
This type of delisted stock volatility measures Smart For's fluctuations based on previous trends. It's commonly used to predict Smart For's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Smart For's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Smart For's to be redeemed at a future date.Transformation |
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Smart For Projected Return Density Against Market
Given the investment horizon of 90 days Smart For has a beta of 0.6161 . This usually implies as returns on the market go up, Smart For average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Smart for Life, will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Smart For or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Smart For's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Smart delisted stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Smart for Life, has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Smart For Price Volatility?
Several factors can influence a delisted stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Smart For Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Smart For is -400.99. The daily returns are distributed with a variance of 603.11 and standard deviation of 24.56. The mean deviation of Smart for Life, is currently at 15.54. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -4.37 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 24.56 | |
Ir | Information ratio | -0.24 |
Smart For Stock Return Volatility
Smart For historical daily return volatility represents how much of Smart For delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 24.5582% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7602% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Smart For Volatility
Volatility is a rate at which the price of Smart For or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Smart For may increase or decrease. In other words, similar to Smart's beta indicator, it measures the risk of Smart For and helps estimate the fluctuations that may happen in a short period of time. So if prices of Smart For fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. Smart for Life, Inc. was founded in 2002 and is based in Miami, Florida. Smart For operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 114 people.
Smart For's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Smart Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Smart For's price varies over time.
3 ways to utilize Smart For's volatility to invest better
Higher Smart For's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Smart for Life, stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Smart for Life, stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Smart for Life, investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Smart For's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Smart For's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Smart For Investment Opportunity
Smart for Life, has a volatility of 24.56 and is 32.32 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Smart for Life, is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Smart for Life, to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Smart For to be traded at $0.0424 in 90 days.Significant diversification
The correlation between Smart for Life, and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Smart for Life, and DJI in the same portfolio, assuming nothing else is changed.
Smart For Additional Risk Indicators
The analysis of Smart For's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Smart For's investment and either accepting that risk or mitigating it. Along with some common measures of Smart For stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (6.92) | |||
| Mean Deviation | 10.7 | |||
| Coefficient Of Variation | (425.33) | |||
| Standard Deviation | 18.12 | |||
| Variance | 328.45 | |||
| Information Ratio | (0.24) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Smart For Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Smart For as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Smart For's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Smart For's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Smart for Life,.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Smart Stock
If you are still planning to invest in Smart for Life, check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Smart For's history and understand the potential risks before investing.
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