Smart Share Stock Forecast - Day Median Price

EM Stock  USD 0.73  0.01  1.39%   
Smart Stock Forecast is based on your current time horizon. Although Smart Share's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Smart Share's systematic risk associated with finding meaningful patterns of Smart Share fundamentals over time.
  
At this time, Smart Share's Fixed Asset Turnover is very stable compared to the past year. As of the 1st of December 2024, Asset Turnover is likely to grow to 0.91, while Inventory Turnover is likely to drop 10.79. . As of the 1st of December 2024, Common Stock Shares Outstanding is likely to drop to about 171 M. In addition to that, Net Loss is likely to drop to about (672.1 M).
Smart Share Global has current Day Median Price of 0.73. Median Price is the statistical median of an asset price for a given trading period.
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Smart Share Trading Date Momentum

On December 01 2024 Smart Share Global was traded for  0.73  at the closing time. The highest price during the trading period was 0.73  and the lowest recorded bid was listed for  0.72 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.37% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Smart Share

For every potential investor in Smart, whether a beginner or expert, Smart Share's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Smart Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Smart. Basic forecasting techniques help filter out the noise by identifying Smart Share's price trends.

Smart Share Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Smart Share stock to make a market-neutral strategy. 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 with similar companies.
 Risk & Return  Correlation

Smart Share Global Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Smart Share's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Smart Share's current price.

Smart Share Market Strength Events

Market strength indicators help investors to evaluate how Smart Share stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smart Share shares will generate the highest return on investment. By undertsting and applying Smart Share stock market strength indicators, traders can identify Smart Share Global entry and exit signals to maximize returns.

Smart Share Risk Indicators

The analysis of Smart Share's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Smart Share's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting smart stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Check out Historical Fundamental Analysis of Smart Share to cross-verify your projections.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Hotels, Restaurants & Leisure 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 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.
Quarterly Earnings Growth
(0.62)
Earnings Share
0.03
Revenue Per Share
7.571
Quarterly Revenue Growth
(0.55)
Return On Assets
(0)
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.