Smart Share Global Stock Technical Analysis

EM Stock  USD 0.57  0.06  9.52%   
As of the 25th of April, Smart Share has the Risk Adjusted Performance of 0.0933, semi deviation of 3.95, and Coefficient Of Variation of 736.29. Smart Share technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Smart Share Global, which can be compared to its competition. Please validate Smart Share Global downside deviation and the relationship between the information ratio and expected short fall to decide if Smart Share is priced more or less accurately, providing market reflects its prevalent price of 0.57 per share. As Smart Share Global is a penny stock we also advise to double-check its total risk alpha numbers.

Smart Share Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Smart, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Smart
  
Smart Share's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Smart Share Analyst Consensus

Target PriceAdvice# of Analysts
2.03Strong Buy2Odds
Smart Share Global current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Smart analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Smart stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Smart Share Global, talking to its executives and customers, or listening to Smart conference calls.
Smart Analyst Advice Details
Smart Share 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 Smart Share technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Smart Share 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...

Smart Share Global Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Smart Share Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Smart Share Global Trend Analysis

Use this graph to draw trend lines for Smart Share Global. You can use it to identify possible trend reversals for Smart Share as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Smart Share price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Smart Share Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Smart Share Global applied against its price change over selected period. The best fit line has a slop of    , which suggests that Smart Share Global will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Smart Share price change compared to its average price change.

About Smart Share Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Smart Share Global on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Smart Share Global based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Smart Share Global price pattern first instead of the macroeconomic environment surrounding Smart Share Global. By analyzing Smart Share's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Smart Share's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Smart Share specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2024 (projected)
Days Sales Outstanding2.092.122.32
PTB Ratio0.590.771.13

Smart Share April 25, 2024 Technical Indicators

Most technical analysis of Smart help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Smart from various momentum indicators to cycle indicators. When you analyze Smart charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Smart Share April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Smart stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Smart Share Global is a strong investment it is important to analyze Smart Share'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 Smart Share's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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.
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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
(0.13)
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.