Smiths Group Plc Stock Price on August 24, 2023

SMGZY Stock  USD 22.63  0.26  1.14%   
If you're considering investing in Smiths Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Smiths Group stands at 22.63, as last reported on the 11th of December 2024, with the highest price reaching 22.63 and the lowest price hitting 22.63 during the day. Smiths Group Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0048, which indicates the firm had a -0.0048% return per unit of risk over the last 3 months. Smiths Group Plc exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smiths Group's Risk Adjusted Performance of 0.0146, coefficient of variation of 9160.21, and Semi Deviation of 2.16 to confirm the risk estimate we provide.
  
Smiths Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0048

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Estimated Market Risk

 2.23
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.01
  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 Smiths Group 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 Smiths Group by adding Smiths Group to a well-diversified portfolio.

Smiths Group Valuation on August 24, 2023

It is possible to determine the worth of Smiths Group on a given historical date. On August 24, 2023 Smiths was worth 18.98 at the beginning of the trading date compared to the closed value of 18.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smiths Group pink sheet. Still, in general, we apply an absolute valuation method to find Smiths Group'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 Smiths Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smiths Group's related companies.
 Open High Low Close Volume
  18.89    18.97    18.84    18.90    4,493  
08/24/2023
  18.98    18.98    18.77    18.85    7,858  
  19.12    19.17    18.89    18.96    10,167  
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Open Value
18.98
18.85
Closing Value
25.67
Upside

Smiths Group Trading Date Momentum on August 24, 2023

On August 25 2023 Smiths Group Plc was traded for  18.96  at the closing time. The highest daily price throughout the period was 19.17  and the lowest price was  18.89 . The daily volume was 10.2 K. The net trading volume on 08/25/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.58% . The trading price change to current closing price is 4.08% .

Smiths Group Plc Fundamentals Correlations and Trends

By evaluating Smiths Group'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 Smiths Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smiths financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Smiths Group Pink Sheet history

Smiths Group 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 Smiths is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smiths Group Plc 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 Smiths Group stock prices may prove useful in developing a viable investing in Smiths Group
Smiths Group plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide. Smiths Group plc was founded in 1851 and is headquartered in London, the United Kingdom. SMITHS GROUP operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 14764 people.

Smiths Group Pink Sheet Technical Analysis

Smiths Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Smiths Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Smiths Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Smiths Group Period Price Range

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December 11, 2024
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Smiths Group December 11, 2024 Market Strength

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

Smiths Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Smiths Group's price direction in advance. Along with the technical and fundamental analysis of Smiths Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smiths 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.

Additional Tools for Smiths Pink Sheet Analysis

When running Smiths Group's price analysis, check to measure Smiths Group'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 Smiths Group is operating at the current time. Most of Smiths Group's value examination focuses on studying past and present price action to predict the probability of Smiths Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smiths Group's price. Additionally, you may evaluate how the addition of Smiths Group to your portfolios can decrease your overall portfolio volatility.