Sm Energy Co Stock Market Value

SM Stock  USD 49.85  0.80  1.63%   
SM Energy's market value is the price at which a share of SM Energy trades on a public exchange. It measures the collective expectations of SM Energy Co investors about its performance. SM Energy is selling at 49.85 as of the 28th of March 2024; that is 1.63% increase since the beginning of the trading day. The stock's lowest day price was 49.01.
With this module, you can estimate the performance of a buy and hold strategy of SM Energy Co and determine expected loss or profit from investing in SM Energy over a given investment horizon. Check out SM Energy Correlation, SM Energy Volatility and SM Energy Alpha and Beta module to complement your research on SM Energy.
Symbol

SM Energy Price To Book Ratio

Is SM Energy'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 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.
Quarterly Earnings Growth
0.013
Dividend Share
0.63
Earnings Share
6.86
Revenue Per Share
19.117
Quarterly Revenue Growth
(0.09)
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.

SM Energy 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SM Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SM Energy.
0.00
08/31/2023
No Change 0.00  0.0 
In 6 months and 30 days
03/28/2024
0.00
If you would invest  0.00  in SM Energy on August 31, 2023 and sell it all today you would earn a total of 0.00 from holding SM Energy Co or generate 0.0% return on investment in SM Energy over 210 days. SM Energy is related to or competes with Iris Acquisition, SEP Acquisition, Hannon Armstrong, Finnovate Acquisition, Pyrophyte Acquisition, and Stepstone. SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production o... More

SM Energy Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SM Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SM Energy Co upside and downside potential and time the market with a certain degree of confidence.

SM Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SM Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SM Energy's standard deviation. In reality, there are many statistical measures that can use SM Energy historical prices to predict the future SM Energy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SM Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
47.3049.0450.78
Details
Intrinsic
Valuation
LowRealHigh
49.0050.7452.48
Details
Naive
Forecast
LowNextHigh
47.5649.3051.04
Details
14 Analysts
Consensus
LowTargetHigh
45.2749.7555.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SM Energy. Your research has to be compared to or analyzed against SM Energy's peers to derive any actionable benefits. When done correctly, SM Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SM Energy.

SM Energy Backtested Returns

SM Energy appears to be very steady, given 3 months investment horizon. SM Energy retains Efficiency (Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for SM Energy, which you can use to evaluate the volatility of the company. Please review SM Energy's Mean Deviation of 1.28, downside deviation of 1.83, and Risk Adjusted Performance of 0.1312 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SM Energy holds a performance score of 19. The entity owns a Beta (Systematic Risk) of 1.5, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SM Energy will likely underperform. Please check SM Energy's value at risk, and the relationship between the information ratio and kurtosis , to make a quick decision on whether SM Energy's current price history will revert.

Auto-correlation

    
  -0.67  

Very good reverse predictability

SM Energy Co has very good reverse predictability. Overlapping area represents the amount of predictability between SM Energy time series from 31st of August 2023 to 14th of December 2023 and 14th of December 2023 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SM Energy price movement. The serial correlation of -0.67 indicates that around 67.0% of current SM Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.29
Residual Average0.0
Price Variance18.7

SM Energy lagged returns against current returns

Autocorrelation, which is SM Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SM Energy's stock expected returns. We can calculate the autocorrelation of SM Energy returns to help us make a trade decision. For example, suppose you find that SM Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

SM Energy regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SM Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SM Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SM Energy stock over time.
   Current vs Lagged Prices   
       Timeline  

SM Energy Lagged Returns

When evaluating SM Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SM Energy stock have on its future price. SM Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SM Energy autocorrelation shows the relationship between SM Energy stock current value and its past values and can show if there is a momentum factor associated with investing in SM Energy Co.
   Regressed Prices   
       Timeline  

SM Energy Investors Sentiment

The influence of SM Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SM Energy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SM Energy's public news can be used to forecast risks associated with an investment in SM Energy. The trend in average sentiment can be used to explain how an investor holding SM Energy can time the market purely based on public headlines and social activities around SM Energy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SM Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SM Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SM Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SM Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SM Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SM Energy's short interest history, or implied volatility extrapolated from SM Energy options trading.

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When determining whether SM Energy is a strong investment it is important to analyze SM Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SM Energy's future performance. For an informed investment choice regarding SM Energy Stock, refer to the following important reports:
Check out SM Energy Correlation, SM Energy Volatility and SM Energy Alpha and Beta module to complement your research on SM Energy.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running SM Energy's price analysis, check to measure SM Energy'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 SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of SM Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SM Energy 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...