(SMST) Defiance Daily Target 1.5x - Overview
Etf: Inverse, Leveraged, Daily, MSTR, Derivatives
| Risk 5d forecast | |
|---|---|
| Volatility | 417% |
| Relative Tail Risk | -3.52% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.60 |
| Alpha | 17.50 |
| Character TTM | |
|---|---|
| Beta | -4.313 |
| Beta Downside | -2.845 |
| Drawdowns 3y | |
|---|---|
| Max DD | 96.25% |
| CAGR/Max DD | -0.70 |
Description: SMST Defiance Daily Target 1.5x December 22, 2025
The Defiance Daily Target 1.5x Short MSTR ETF (NASDAQ: SMST) is an inverse-equity fund that aims to deliver twice the opposite of MicroStrategy’s (MSTR) daily price movement. The advisor’s policy requires at least 80 % of the portfolio to be allocated to financial instruments-typically swaps, futures, or options-designed to provide a 2× inverse exposure. Because the ETF is classified as non-diversified, its performance is tightly coupled to MSTR’s price swings and may experience amplified tracking error.
Key market drivers to watch include MicroStrategy’s heavy Bitcoin holdings, which make the stock highly sensitive to cryptocurrency price volatility; recent 30-day average true range (ATR) for MSTR has hovered around 12 %, indicating substantial intraday swings. Additionally, the fund’s expense ratio sits at roughly 0.85 % annually, and its net assets are under $50 million, suggesting limited liquidity and higher bid-ask spreads compared with larger ETFs. Finally, broader macro factors such as U.S. interest-rate policy and regulatory news on digital assets can materially affect both Bitcoin and, by extension, MSTR’s valuation.
For a deeper dive into SMST’s risk profile and historical tracking performance, you might find ValueRay’s analytics platform useful as a next step.
What is the price of SMST shares?
Over the past week, the price has changed by -15.40%, over one month by -15.41%, over three months by +54.44% and over the past year by -32.53%.
Is SMST a buy, sell or hold?
What are the forecasts/targets for the SMST price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 72.6 | 1.7% |
SMST Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 30.7m USD (30.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 30.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 30.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -9.98% (negative - check inputs) (E(30.7m)/V(30.7m) * Re(-9.98%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)