Simply Stock Performance

SMPL
 Stock
  

USD 32.49  1.05  3.13%   

The entity has a beta of 0.6544, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Simply's beta means in this case. As returns on the market increase, Simply Good returns are expected to increase less than the market. However, during the bear market, the loss on holding Simply Good will be expected to be smaller as well. Even though it is essential to pay attention to Simply Good 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. The Simply Good exposes twenty-one different technical indicators, which can help you to evaluate its performance. Simply Good has an expected return of -0.14%. Please be advised to validate Simply Good information ratio, as well as the relationship between the potential upside and kurtosis to decide if Simply Good performance from the past will be repeated at some point in the near future.
  
Simply Performance
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Over the last 90 days The Simply Good has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest conflicting performance, the Stock's basic indicators remain steady and the new chaos on Wall Street may also be a sign of medium-term gains for the company stakeholders. ...more

Simply Price Channel

Quick Ratio1.69
Fifty Two Week Low29.21
Target High Price48.00
Fifty Two Week High45.77
Target Low Price37.00

Simply Good Relative Risk vs. Return Landscape

If you would invest  3,703  in The Simply Good on July 8, 2022 and sell it today you would lose (349.00)  from holding The Simply Good or give up 9.42% of portfolio value over 90 days. The Simply Good is currently does not generate positive expected returns and assumes 1.7319% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Simply, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Simply Good is expected to under-perform the market. In addition to that, the company is 1.39 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of volatility.

Simply Good Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Simply Good's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Simply Good, and traders can use it to determine the average amount a Simply Good's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0821

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Estimated Market Risk
 1.73
  actual daily
 
 15 %
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1515
Expected Return
 -0.14
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 0 %
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Risk-Adjusted Return
 -0.08
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Based on monthly moving average Simply Good is performing at about 0% of its full potential. 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 Simply Good by adding it to a well-diversified portfolio.

About Simply Good Performance

To evaluate Simply Good Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Simply Good generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Simply Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Simply Good market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Simply's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The Simply Good Foods Company is headquartered in Denver, Colorado. Simply Good operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 263 people.

Things to note about Simply Good

Checking the ongoing alerts about Simply Good for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Simply Good help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Simply Good Alerts

Equity Alerts and Improvement Suggestions

Simply Good generated a negative expected return over the last 90 days
Over 92.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Should You Think About Buying Apple Inc. Now - Simply Wall St
Additionally, take a look at World Market Map. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for analysis

When running Simply Good price analysis, check to measure Simply Good'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 Simply Good is operating at the current time. Most of Simply Good's value examination focuses on studying past and present price action to predict the probability of Simply Good's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Simply Good's price. Additionally, you may evaluate how the addition of Simply Good to your portfolios can decrease your overall portfolio volatility.
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Is Simply Good'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 Simply Good. If investors know Simply 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 Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Simply Good is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good'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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good'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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine Simply Good value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.