Electromed Stock Performance
ELMD Stock | USD 13.94 0.19 1.34% |
On a scale of 0 to 100, Electromed holds a performance score of 9. The firm shows a Beta (market volatility) of 1.7, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Electromed will likely underperform. Please check Electromed's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Electromed's price patterns will revert.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Electromed are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak primary indicators, Electromed exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.34) | Five Day Return (5.49) | Year To Date Return 29.55 | Ten Year Return 881.69 | All Time Return 250.25 |
1 | Electromed, Inc. Schedules its Second Quarter Fiscal 2024 Financial Results Conference Call for February 13, 2024 at ... - Chronicle-Tribune | 01/30/2024 |
2 | Electromed Inc Up 20.49 percent To 12.35 After Earnings Beat - InvestorsObserver | 02/14/2024 |
3 | Is Electromed Inc a Leader in the Healthcare Sector - InvestorsObserver | 02/21/2024 |
4 | Electromed Soars with Composite Rating Jump to 96, Outperforming 96 percent of Stocks - BNN Breaking | 02/29/2024 |
5 | Acquisition by James Cunniff of 9000 shares of Electromed at 15.25 subject to Rule 16b-3 | 03/01/2024 |
6 | Sidoti Events, LLCs Virtual June Small-Cap Conference - The Globe and Mail | 04/04/2024 |
7 | Electromed Upgraded to Strong-Buy at StockNews.com - Defense World | 04/11/2024 |
Begin Period Cash Flow | 8.2 M | |
Total Cashflows From Investing Activities | -1.7 M |
Electromed |
Electromed Relative Risk vs. Return Landscape
If you would invest 1,049 in Electromed on January 20, 2024 and sell it today you would earn a total of 345.00 from holding Electromed or generate 32.89% return on investment over 90 days. Electromed is currently generating 0.5456% in daily expected returns and assumes 4.3908% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of stocks are less volatile than Electromed, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Electromed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electromed's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electromed, and traders can use it to determine the average amount a Electromed'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 = 0.1243
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Estimated Market Risk
4.39 actual daily | 38 62% of assets are more volatile |
Expected Return
0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Electromed is performing at about 9% 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 Electromed by adding it to a well-diversified portfolio.
Electromed Fundamentals Growth
Electromed Stock prices reflect investors' perceptions of the future prospects and financial health of Electromed, and Electromed fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Electromed Stock performance.
Return On Equity | 0.1 | ||||
Return On Asset | 0.0721 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.17 % | ||||
Current Valuation | 109.65 M | ||||
Shares Outstanding | 8.61 M | ||||
Price To Earning | 23.66 X | ||||
Price To Book | 3.10 X | ||||
Price To Sales | 2.42 X | ||||
Revenue | 48.07 M | ||||
Gross Profit | 36.52 M | ||||
EBITDA | 4.62 M | ||||
Net Income | 3.17 M | ||||
Cash And Equivalents | 8.15 M | ||||
Cash Per Share | 0.96 X | ||||
Total Debt | 161 K | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 4.83 X | ||||
Book Value Per Share | 4.69 X | ||||
Cash Flow From Operations | 1.31 M | ||||
Earnings Per Share | 0.45 X | ||||
Market Capitalization | 119.96 M | ||||
Total Asset | 45.81 M | ||||
Retained Earnings | 18.79 M | ||||
Working Capital | 29.73 M | ||||
Current Asset | 15.82 M | ||||
Current Liabilities | 3.07 M | ||||
About Electromed Performance
To evaluate Electromed 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 Electromed 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 Electromed 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 Electromed market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Electromed'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.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 153.43 | 153.93 | |
Return On Tangible Assets | 0.06 | 0.04 | |
Return On Capital Employed | 0.1 | 0.08 | |
Return On Assets | 0.06 | 0.04 | |
Return On Equity | 0.08 | 0.06 |
Things to note about Electromed performance evaluation
Checking the ongoing alerts about Electromed for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electromed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Electromed appears to be risky and price may revert if volatility continues | |
Electromed has a poor financial position based on the latest SEC disclosures | |
About 27.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: Electromed Upgraded to Strong-Buy at StockNews.com - Defense World |
- Analyzing Electromed's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Electromed's stock is overvalued or undervalued compared to its peers.
- Examining Electromed's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Electromed's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electromed's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electromed's stock. These opinions can provide insight into Electromed's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. 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. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
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Is Electromed'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 Electromed. If investors know Electromed 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 Electromed 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 0.727 | Earnings Share 0.45 | Revenue Per Share 6.072 | Quarterly Revenue Growth 0.167 | Return On Assets 0.0721 |
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed'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 Electromed's market value can be influenced by many factors that don't directly affect Electromed'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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed'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.