Electromed Stock Buy Hold or Sell Recommendation
| ELMD Stock | USD 16.73 0.34 2.07% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Electromed is 'Buy'. Macroaxis provides Electromed buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELMD positions. The advice algorithm takes into account all of Electromed's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Electromed's buy or sell advice are summarized below:
Real Value 19.43 | Target Price 26 | Hype Value 17.49 | Market Value 16.73 | Naive Value 16.96 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Electromed given historical horizon and risk tolerance towards Electromed. When Macroaxis issues a 'buy' or 'sell' recommendation for Electromed, the advice is generated through an automated system that utilizes algorithms and statistical models.
Electromed |
Execute Electromed Buy or Sell Advice
The Electromed recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Electromed. Macroaxis does not own or have any residual interests in Electromed or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Electromed's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Electromed Trading Alerts and Improvement Suggestions
| 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 Lowered to Buy at StockNews.com - MarketBeat |
Electromed Returns Distribution Density
The distribution of Electromed's historical returns is an attempt to chart the uncertainty of Electromed's future price movements. The chart of the probability distribution of Electromed daily returns describes the distribution of returns around its average expected value. We use Electromed price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Electromed returns is essential to provide solid investment advice for Electromed.
| Mean Return | 0.73 | Value At Risk | -3.91 | Potential Upside | 6.67 | Standard Deviation | 4.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Electromed historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Electromed Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (449.3K) | 971K | (1.1M) | (1.0M) | (929.7K) | (883.2K) | |
| Change In Cash | 2.7M | 1.4M | (3.7M) | (781K) | (702.9K) | (667.8K) | |
| Free Cash Flow | 3.2M | 2.6M | (2.2M) | (401K) | (461.2K) | (438.1K) | |
| Depreciation | 738.2K | 610K | 628K | 613K | 705.0K | 669.7K | |
| Other Non Cash Items | 18.0K | 2.6K | (2.7M) | 562K | 505.8K | 531.1K | |
| Capital Expenditures | 977.2K | 448K | 1.5M | 1.7M | 2.0M | 1.0M | |
| Net Income | 4.2M | 2.4M | 2.3M | 3.2M | 3.6M | 3.8M | |
| End Period Cash Flow | 10.5M | 11.9M | 8.2M | 7.4M | 8.5M | 5.3M | |
| Change Receivables | (180.6K) | (4.1M) | (4.0M) | (3.1M) | (2.8M) | (2.6M) | |
| Change To Netincome | 778.6K | 730K | 487K | 665K | 764.8K | 561.5K | |
| Investments | (977.2K) | (448K) | (1.5M) | (1.7M) | (1.5M) | (1.6M) |
Electromed Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Electromed or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Electromed's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Electromed stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.55 | |
β | Beta against NYSE Composite | 2.03 | |
σ | Overall volatility | 4.51 | |
Ir | Information ratio | 0.14 |
Electromed Volatility Alert
Electromed currently demonstrates below-average downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.55. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Electromed's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Electromed's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Electromed Fundamentals Vs Peers
Comparing Electromed's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Electromed's direct or indirect competition across all of the common fundamentals between Electromed and the related equities. This way, we can detect undervalued stocks with similar characteristics as Electromed or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Electromed's fundamental indicators could also be used in its relative valuation, which is a method of valuing Electromed by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Electromed to competition |
| Fundamentals | Electromed | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0721 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 124.97 M | 16.62 B |
| Shares Outstanding | 8.61 M | 571.82 M |
| Shares Owned By Insiders | 26.69 % | 10.09 % |
| Shares Owned By Institutions | 32.78 % | 39.21 % |
| Number Of Shares Shorted | 42.93 K | 4.71 M |
| Price To Earning | 23.66 X | 28.72 X |
| Price To Book | 3.10 X | 9.51 X |
| Price To Sales | 2.42 X | 11.42 X |
| Revenue | 48.07 M | 9.43 B |
| Gross Profit | 36.52 M | 27.38 B |
| EBITDA | 4.62 M | 3.9 B |
| Net Income | 3.17 M | 570.98 M |
| Cash And Equivalents | 8.15 M | 2.7 B |
| Cash Per Share | 0.96 X | 5.01 X |
| Total Debt | 161 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 4.83 X | 2.16 X |
| Book Value Per Share | 4.69 X | 1.93 K |
| Cash Flow From Operations | 1.31 M | 971.22 M |
| Short Ratio | 1.06 X | 4.00 X |
| Earnings Per Share | 0.45 X | 3.12 X |
| Target Price | 26.0 | |
| Number Of Employees | 170 | 18.84 K |
| Beta | 0.42 | -0.15 |
| Market Capitalization | 141.04 M | 19.03 B |
| Total Asset | 45.81 M | 29.47 B |
| Retained Earnings | 18.79 M | 9.33 B |
| Working Capital | 29.73 M | 1.48 B |
| Current Asset | 15.82 M | 9.34 B |
Note: Acquisition by James Cunniff of 9000 shares of Electromed at 15.25 subject to Rule 16b-3 [view details]
Electromed Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Electromed . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Electromed Buy or Sell Advice
When is the right time to buy or sell Electromed? Buying financial instruments such as Electromed Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 41K | 161K | 144.9K | 137.7K | Total Assets | 41.4M | 45.8M | 52.7M | 26.4M |
Use Investing Ideas to Build Portfolios
In addition to having Electromed in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aircraft Thematic Idea Now
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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Check out Electromed Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Electromed Stock analysis
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.