Schmitt Industries, Inc. (SMIT)

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Schmitt Industries, Inc. (SMIT) is up 56.5% since the beginning of the year. At $0 per share, SMIT is trading 31.3% below its 52-week high of $0. Investors who bought $1,000 worth of SMIT shares 5 years ago would now be looking at an investment worth $5.

Schmitt Industries, Inc. (SMIT) has returned 56.50% so far this year and 53.04% over the past 12 months. Over the last ten years, SMIT has returned -34.72% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Mar 7, 1995, SMIT's average daily return is +0.23%, while the average monthly return is +1.27%. At this rate, an investment would double in approximately 4.6 years.

Historically, 45% of months were positive and 55% were negative. The best month was Jan 2003 with a return of +206.8%, while the worst month was Jan 2023 at -87.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SMIT closed higher 36% of trading days. The best single day was Feb 6, 2023 with a return of +392.2%, while the worst single day was Jan 26, 2023 at -92.3%.

Schmitt Industries, Inc. has an annualized alpha of 74.51%, beta of 0.31, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since March 07, 1995.

• This stock participated in 36.90% of S&P 500 Index downside but only -28.42% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.31 may look defensive, but with R2 of 0.00 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.00 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SMIT ranks 71 for risk / return — better than 71% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Schmitt Industries, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Schmitt Industries, Inc. was 99.96%, occurring on May 14, 2024. The portfolio has not yet recovered.

The current Schmitt Industries, Inc. drawdown is 99.81%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Schmitt Industries, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Schmitt Industries, Inc. is priced in the market compared to other companies in the Scientific & Technical Instruments industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.