Stereotaxis Stock Beta
| STXS Stock | USD 2.38 0.18 7.03% |
Stereotaxis fundamentals help investors to digest information that contributes to Stereotaxis' financial success or failures. It also enables traders to predict the movement of Stereotaxis Stock. The fundamental analysis module provides a way to measure Stereotaxis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Stereotaxis stock.
Stereotaxis | Beta |
Stereotaxis Company Beta Analysis
Stereotaxis' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Stereotaxis Beta | 1.34 |
Most of Stereotaxis' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Stereotaxis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Stereotaxis Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Stereotaxis is extremely important. It helps to project a fair market value of Stereotaxis Stock properly, considering its historical fundamentals such as Beta. Since Stereotaxis' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Stereotaxis' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Stereotaxis' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Stereotaxis has a Beta of 1.342. This is 56.05% higher than that of the Health Care Equipment & Supplies sector and 52.5% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Stereotaxis Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Stereotaxis' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Stereotaxis could also be used in its relative valuation, which is a method of valuing Stereotaxis by comparing valuation metrics of similar companies.Stereotaxis is currently under evaluation in beta category among related companies.
Stereotaxis Current Valuation Drivers
We derive many important indicators used in calculating different scores of Stereotaxis from analyzing Stereotaxis' financial statements. These drivers represent accounts that assess Stereotaxis' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Stereotaxis' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 333.5M | 370.3M | 468.5M | 157.4M | 141.2M | 111.3M | |
| Enterprise Value | 307.7M | 330.8M | 435.8M | 154.7M | 126.4M | 110.4M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Stereotaxis will likely underperform.
Stereotaxis Fundamentals
| Return On Equity | -0.77 | ||||
| Return On Asset | -0.29 | ||||
| Profit Margin | (0.77) % | ||||
| Operating Margin | (1.16) % | ||||
| Current Valuation | 201.49 M | ||||
| Shares Outstanding | 82.13 M | ||||
| Shares Owned By Insiders | 15.87 % | ||||
| Shares Owned By Institutions | 47.50 % | ||||
| Number Of Shares Shorted | 925.39 K | ||||
| Price To Earning | 21.61 X | ||||
| Price To Book | 13.62 X | ||||
| Price To Sales | 8.31 X | ||||
| Revenue | 26.77 M | ||||
| Gross Profit | 18.47 M | ||||
| EBITDA | (21.24 M) | ||||
| Net Income | (20.71 M) | ||||
| Cash And Equivalents | 30.94 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 5.49 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | (9.14 M) | ||||
| Short Ratio | 3.73 X | ||||
| Earnings Per Share | (0.27) X | ||||
| Target Price | 4.6 | ||||
| Number Of Employees | 122 | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 210.25 M | ||||
| Total Asset | 41.91 M | ||||
| Retained Earnings | (537.68 M) | ||||
| Working Capital | 20.02 M | ||||
| Current Asset | 17.14 M | ||||
| Current Liabilities | 16.14 M | ||||
| Net Asset | 41.91 M |
About Stereotaxis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Stereotaxis's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stereotaxis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stereotaxis based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Stereotaxis is a strong investment it is important to analyze Stereotaxis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stereotaxis' future performance. For an informed investment choice regarding Stereotaxis Stock, refer to the following important reports:Check out Stereotaxis Piotroski F Score and Stereotaxis Altman Z Score analysis. For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Stereotaxis Stock analysis
When running Stereotaxis' price analysis, check to measure Stereotaxis' 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 Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.
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Is Stereotaxis' 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 Stereotaxis. If investors know Stereotaxis 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 Stereotaxis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.332 | Quarterly Revenue Growth (0.38) | Return On Assets (0.29) | Return On Equity (0.77) |
The market value of Stereotaxis is measured differently than its book value, which is the value of Stereotaxis that is recorded on the company's balance sheet. Investors also form their own opinion of Stereotaxis' value that differs from its market value or its book value, called intrinsic value, which is Stereotaxis' 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 Stereotaxis' market value can be influenced by many factors that don't directly affect Stereotaxis' 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 Stereotaxis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stereotaxis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stereotaxis' 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.