Acutus Medicalinc Stock Price on August 26, 2021
| AFIB Stock | USD 0.17 0.01 6.25% |
If you're considering investing in Acutus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Acutus MedicalInc stands at 0.17, as last reported on the 19th of April, with the highest price reaching 0.19 and the lowest price hitting 0.16 during the day. Acutus MedicalInc appears to be out of control, given 3 months investment horizon. Acutus MedicalInc secures Sharpe Ratio (or Efficiency) of 0.0507, which signifies that the company had a 0.0507% return per unit of risk over the last 3 months. By analyzing Acutus MedicalInc's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Acutus MedicalInc's Downside Deviation of 10.32, risk adjusted performance of 0.035, and Mean Deviation of 6.48 to double-check if our risk estimates are consistent with your expectations.
The current year's Common Stock Total Equity is expected to grow to about 33.8 K, whereas Total Stockholder Equity is forecasted to decline to (923 K). . As of April 19, 2024, Price To Sales Ratio is expected to decline to 0.78. In addition to that, Price Earnings Ratio is expected to decline to -0.08. Acutus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Acutus |
Sharpe Ratio = 0.0507
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AFIB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Acutus MedicalInc is performing at about 3% 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 Acutus MedicalInc by adding it to a well-diversified portfolio.
Price Book 0.5318 | Enterprise Value Ebitda (3.99) | Price Sales 0.7263 | Shares Float 23.4 M | Wall Street Target Price 0.5 |
Acutus MedicalInc Valuation on August 26, 2021
It is possible to determine the worth of Acutus MedicalInc on a given historical date. On August 26, 2021 Acutus was worth 1.31 at the beginning of the trading date compared to the closed value of 1.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acutus MedicalInc stock. Still, in general, we apply an absolute valuation method to find Acutus MedicalInc's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Acutus MedicalInc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acutus MedicalInc's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 1.31 | 1.35 | 1.24 | 1.29 | 491,800 |
| 1.30 | 1.30 | 1.20 | 1.24 | 310,600 |
| Backtest Acutus MedicalInc | | | Acutus MedicalInc History | | | Acutus MedicalInc Valuation | Next |
Acutus MedicalInc Trading Date Momentum on August 26, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Acutus MedicalInc Fundamentals Correlations and Trends
By evaluating Acutus MedicalInc's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Acutus MedicalInc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acutus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Acutus MedicalInc Stock history
Acutus MedicalInc investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Acutus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acutus MedicalInc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Acutus MedicalInc stock prices may prove useful in developing a viable investing in Acutus MedicalInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.1 M | 26 M | |
| Net Loss | -35.7 M | -37.4 M |
Acutus MedicalInc Quarterly Net Working Capital |
|
Acutus MedicalInc Stock Technical Analysis
Acutus MedicalInc technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Acutus MedicalInc Period Price Range
Low | April 4, 2022
| High |
1.31 | 1.29 |
Acutus MedicalInc April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Acutus MedicalInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acutus MedicalInc shares will generate the highest return on investment. By undertsting and applying Acutus MedicalInc stock market strength indicators, traders can identify Acutus MedicalInc entry and exit signals to maximize returns
| Accumulation Distribution | 40072.59 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.3 | |||
| Day Typical Price | 1.29 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (1.12) |
Acutus MedicalInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Acutus MedicalInc's price direction in advance. Along with the technical and fundamental analysis of Acutus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acutus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.035 | |||
| Jensen Alpha | 0.3871 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.0362 | |||
| Treynor Ratio | 0.5633 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acutus MedicalInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Acutus Stock refer to our How to Trade Acutus Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Acutus Stock analysis
When running Acutus MedicalInc's price analysis, check to measure Acutus MedicalInc'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 Acutus MedicalInc is operating at the current time. Most of Acutus MedicalInc's value examination focuses on studying past and present price action to predict the probability of Acutus MedicalInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acutus MedicalInc's price. Additionally, you may evaluate how the addition of Acutus MedicalInc to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is Acutus MedicalInc'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 Acutus MedicalInc. If investors know Acutus 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 Acutus MedicalInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share 0.246 | Quarterly Revenue Growth 0.437 | Return On Assets (0.14) | Return On Equity (0.32) |
The market value of Acutus MedicalInc is measured differently than its book value, which is the value of Acutus that is recorded on the company's balance sheet. Investors also form their own opinion of Acutus MedicalInc's value that differs from its market value or its book value, called intrinsic value, which is Acutus MedicalInc'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 Acutus MedicalInc's market value can be influenced by many factors that don't directly affect Acutus MedicalInc'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 Acutus MedicalInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acutus MedicalInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acutus MedicalInc'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.