Smart Gross Profit Margin from 2010 to 2024
| EM Stock | USD 0.64 0.02 3.23% |
Gross Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.59121044 | Current Value 0.87 | Quarterly Volatility 0.06865766 |
Check Smart Share financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart main balance sheet or income statement drivers, such as Tax Provision of 20 M, Net Interest Income of 118.7 M or Interest Income of 123.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.72, Ptb Ratio of 1.13 or Days Sales Outstanding of 36.07. Smart financial statements analysis is a perfect complement when working with Smart Share Valuation or Volatility modules.
Smart | Gross Profit Margin |
Latest Smart Share's Gross Profit Margin Growth Pattern
Below is the plot of the Gross Profit Margin of Smart Share Global over the last few years. It is Smart Share's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smart Share's overall financial position and show how it may be relating to other accounts over time.
| Gross Profit Margin | 10 Years Trend |
|
Gross Profit Margin |
| Timeline |
Smart Gross Profit Margin Regression Statistics
| Arithmetic Mean | 0.83 | |
| Geometric Mean | 0.83 | |
| Coefficient Of Variation | 8.23 | |
| Mean Deviation | 0.04 | |
| Median | 0.86 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2788 | |
| R-Value | (0.42) | |
| Mean Square Error | 0 | |
| R-Squared | 0.18 | |
| Significance | 0.12 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.07 |
Smart Gross Profit Margin History
About Smart Share Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Smart Share income statement, its balance sheet, and the statement of cash flows. Smart Share investors use historical funamental indicators, such as Smart Share's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although Smart Share investors may use each financial statement separately, they are all related. The changes in Smart Share's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smart Share's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Smart Share Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Smart Share. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit Margin | 0.59 | 0.87 |
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
| 0.77 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
| 0.68 | EAT | Brinker International Earnings Call Today | PairCorr |
Moving against Smart Stock
| 0.65 | DENN | Dennys Corp Financial Report 7th of May 2024 | PairCorr |
| 0.53 | ARKR | Ark Restaurants Corp | 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 the analysis of Smart Share Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
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.