Scotts Stock Market Value

SMG
 Stock
  

USD 55.55  2.07  3.87%   

Scotts Miracle-Gro's market value is the price at which a share of Scotts Miracle-Gro stock trades on a public exchange. It measures the collective expectations of Scotts Miracle-Gro investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Scotts Miracle-Gro and determine expected loss or profit from investing in Scotts Miracle-Gro over a given investment horizon. Additionally, take a look at Scotts Miracle-Gro Correlation, Scotts Miracle-Gro Volatility and Scotts Miracle-Gro Alpha and Beta module to complement your research on Scotts Miracle-Gro.
Symbol


Is Scotts Miracle-Gro'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 Scotts Miracle-Gro. If investors know Scotts 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 Scotts Miracle-Gro 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 YOY
(0.09) 
Market Capitalization
B
Quarterly Revenue Growth YOY
(0.33) 
Return On Assets
0.0576
Return On Equity
(0.75) 
The market value of Scotts Miracle-Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle-Gro's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle-Gro'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 Scotts Miracle-Gro's market value can be influenced by many factors that don't directly affect Scotts Miracle-Gro'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 Scotts Miracle-Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine Scotts Miracle-Gro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle-Gro'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.

Scotts Miracle-Gro '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 Scotts Miracle-Gro'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 Scotts Miracle-Gro.
0.00
09/05/2021
No Change 0.00  0.0 
In 1 year 2 months and 26 days
11/29/2022
0.00
If you would invest  0.00  in Scotts Miracle-Gro on September 5, 2021 and sell it all today you would earn a total of 0.00 from holding Scotts Miracle-Gro or generate 0.0% return on investment in Scotts Miracle-Gro over 450 days. Scotts Miracle-Gro is related to or competes with Church Dwight, Colgate Palmolive, Clorox, Energizer Holdings, Edgewell Personal, Kimberly-Clark Corp, and Mattel. The Scotts Miracle-Gro Company engages in the manufacture, marketing, and sale of products for lawn, garden care, and in... More

Scotts Miracle-Gro 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 Scotts Miracle-Gro'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 Scotts Miracle-Gro upside and downside potential and time the market with a certain degree of confidence.

Scotts Miracle-Gro Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Scotts Miracle-Gro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scotts Miracle-Gro's standard deviation. In reality, there are many statistical measures that can use Scotts Miracle-Gro historical prices to predict the future Scotts Miracle-Gro's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Scotts Miracle-Gro'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. Please use the tools below to analyze the current value of Scotts Miracle-Gro in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
49.3053.2157.12
Details
Intrinsic
Valuation
LowReal ValueHigh
48.1388.6092.51
Details
Naive
Forecast
LowNext ValueHigh
45.9349.8453.75
Details
8 Analysts
Consensus
LowTarget PriceHigh
170.00197.14225.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Scotts Miracle-Gro. Your research has to be compared to or analyzed against Scotts Miracle-Gro's peers to derive any actionable benefits. When done correctly, Scotts Miracle-Gro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Scotts Miracle-Gro.

Scotts Miracle-Gro Backtested Returns

Scotts Miracle-Gro owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0672, which indicates the firm had -0.0672% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Scotts Miracle-Gro exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Scotts Miracle-Gro risk adjusted performance of (0.15), and Coefficient Of Variation of (903.83) to confirm the risk estimate we provide.
The entity has a beta of 1.5819, which indicates a somewhat significant risk relative to the market. Let's try to break down what Scotts's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Scotts Miracle-Gro will likely underperform. Even though it is essential to pay attention to Scotts Miracle-Gro current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Scotts Miracle-Gro exposes twenty-one different technical indicators, which can help you to evaluate its performance. Scotts Miracle-Gro has an expected return of -0.27%. Please be advised to validate Scotts Miracle-Gro variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Scotts Miracle-Gro performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.55  

Modest predictability

Scotts Miracle-Gro has modest predictability. Overlapping area represents the amount of predictability between Scotts Miracle-Gro time series from 5th of September 2021 to 18th of April 2022 and 18th of April 2022 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Scotts Miracle-Gro price movement. The serial correlation of 0.55 indicates that about 55.0% of current Scotts Miracle-Gro price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.46
Residual Average0.0
Price Variance394.29

Scotts Miracle-Gro lagged returns against current returns

Autocorrelation, which is Scotts Miracle-Gro 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 Scotts Miracle-Gro's stock expected returns. We can calculate the autocorrelation of Scotts Miracle-Gro returns to help us make a trade decision. For example, suppose you find that Scotts Miracle-Gro stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Scotts Miracle-Gro 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 Scotts Miracle-Gro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scotts Miracle-Gro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scotts Miracle-Gro stock over time.
   Current vs Lagged Prices   
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       Timeline  

Scotts Miracle-Gro Lagged Returns

When evaluating Scotts Miracle-Gro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scotts Miracle-Gro stock have on its future price. Scotts Miracle-Gro 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, Scotts Miracle-Gro autocorrelation shows the relationship between Scotts Miracle-Gro stock current value and its past values and can show if there is a momentum factor associated with investing in Scotts Miracle-Gro.
   Regressed Prices   
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       Timeline  

Scotts Miracle-Gro Investors Sentiment

The influence of Scotts Miracle-Gro'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 Scotts. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Scotts Miracle-Gro's public news can be used to forecast risks associated with investment in Scotts. The trend in average sentiment can be used to explain how an investor holding Scotts can time the market purely based on public headlines and social activities around Scotts Miracle-Gro. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Scotts Miracle-Gro'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 Scotts Miracle-Gro'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 Scotts Miracle-Gro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Scotts Miracle-Gro.
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 Scotts Miracle-Gro 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, Scotts Miracle-Gro's short interest history, or implied volatility extrapolated from Scotts Miracle-Gro options trading.

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Additionally, take a look at Scotts Miracle-Gro Correlation, Scotts Miracle-Gro Volatility and Scotts Miracle-Gro Alpha and Beta module to complement your research on Scotts Miracle-Gro. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for analysis

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