Sm Energy Co Stock Price on October 25, 2024
SM Stock | USD 39.39 1.04 2.57% |
If you're considering investing in SM Energy Stock, it is important to understand the factors that can impact its price. As of today, the current price of SM Energy stands at 39.39, as last reported on the 16th of December 2024, with the highest price reaching 40.30 and the lowest price hitting 39.24 during the day. SM Energy retains Efficiency (Sharpe Ratio) of -9.0E-4, which indicates the firm had a -9.0E-4% return per unit of price deviation over the last 3 months. SM Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SM Energy's Standard Deviation of 2.49, risk adjusted performance of 0.0064, and Mean Deviation of 1.89 to confirm the risk estimate we provide.
SM Energy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SM Energy |
Sharpe Ratio = -9.0E-4
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Estimated Market Risk
2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SM Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SM Energy by adding SM Energy to a well-diversified portfolio.
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SM Energy Valuation on October 25, 2024
It is possible to determine the worth of SM Energy on a given historical date. On October 25, 2024 SM Energy was worth 43.02 at the beginning of the trading date compared to the closed value of 43.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SM Energy stock. Still, in general, we apply an absolute valuation method to find SM Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SM Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SM Energy's related companies.
Open | High | Low | Close | Volume | |
42.08 | 42.59 | 41.69 | 42.51 | 899,566 | |
10/25/2024 | 43.02 | 43.54 | 42.63 | 43.48 | 1,435,868 |
41.32 | 42.14 | 41.32 | 41.96 | 1,161,026 |
Backtest SM Energy | | | SM Energy History | | | SM Energy Valuation | Previous | Next |
SM Energy Trading Date Momentum on October 25, 2024
On October 28 2024 SM Energy Co was traded for 41.96 at the closing time. The highest price during the trading period was 42.14 and the lowest recorded bid was listed for 41.32 . The volume for the day was 1.2 M. This history from October 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.50% . The trading price change to the current price is 6.39% . |
SM Energy Fundamentals Correlations and Trends
By evaluating SM Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SM Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SM Energy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SM Energy Stock history
SM Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SM Energy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SM Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SM Energy stock prices may prove useful in developing a viable investing in SM Energy
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado. Sm Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 506 people.
SM Energy Stock Technical Analysis
SM Energy 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.
Price Boundaries
SM Energy Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
SM Energy Co cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SM Energy December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how SM Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SM Energy shares will generate the highest return on investment. By undertsting and applying SM Energy stock market strength indicators, traders can identify SM Energy Co entry and exit signals to maximize returns
SM Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SM Energy's price direction in advance. Along with the technical and fundamental analysis of SM Energy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SM Energy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0064 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (0.03) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Oil & Gas Exploration & Production 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 SM Energy. If investors know SM Energy 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 SM Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy'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 SM Energy's market value can be influenced by many factors that don't directly affect SM Energy'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 SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy'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.