Cutera Inc Stock Price on August 5, 2022

CUTR Stock  USD 2.15  0.21  10.82%   
Below is the normalized historical share price chart for Cutera Inc extending back to March 31, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cutera stands at 2.15, as last reported on the 23rd of April, with the highest price reaching 2.22 and the lowest price hitting 1.94 during the day.
IPO Date
31st of March 2004
200 Day MA
5.6738
50 Day MA
2.09
Beta
1.667
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cutera Stock, it is important to understand the factors that can impact its price. Cutera appears to be risky, given 3 months investment horizon. Cutera Inc secures Sharpe Ratio (or Efficiency) of 0.0297, which signifies that the company had a 0.0297% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Cutera Inc, which you can use to evaluate the volatility of the firm. Please makes use of Cutera's Standard Deviation of 8.95, risk adjusted performance of (0.01), and Mean Deviation of 6.53 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Cutera's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 04/23/2024, Stock Based Compensation To Revenue is likely to grow to 0.04, though Total Stockholder Equity is likely to grow to (151.8 M). . As of 04/23/2024, Price To Sales Ratio is likely to drop to 0.31. In addition to that, Price Earnings Ratio is likely to grow to -0.44. Cutera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0297

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Estimated Market Risk

 9.11
  actual daily
80
80% of assets are less volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Cutera is performing at about 2% 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 Cutera by adding it to a well-diversified portfolio.
Price Book
61.4772
Enterprise Value Ebitda
(3.11)
Price Sales
0.2077
Shares Float
16.5 M
Wall Street Target Price
6.33

Cutera Valuation on August 5, 2022

It is possible to determine the worth of Cutera on a given historical date. On August 5, 2022 Cutera was worth 50.25 at the beginning of the trading date compared to the closed value of 48.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cutera stock. Still, in general, we apply an absolute valuation method to find Cutera'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 Cutera where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cutera's related companies.
 Open High Low Close Volume
  48.90    49.49    47.52    48.37    287,100  
08/05/2022
  50.25    52.72    46.79    48.74    519,900  
  48.60    49.68    46.42    48.63    232,000  
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Open Value
50.25
48.74
Closing Value
77.59
Upside

Cutera Trading Date Momentum on August 5, 2022

On August 08 2022 Cutera Inc was traded for  48.63  at the closing time. The top price for the day was 49.68  and the lowest listed price was  46.42 . The trading volume for the day was 232 K. The trading history from August 8, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.23% . The overall trading delta against the current closing price is 3.02% .

Cutera Inc Fundamentals Correlations and Trends

By evaluating Cutera'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 Cutera's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cutera financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cutera Stock history

Cutera 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 Cutera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cutera Inc 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 Cutera stock prices may prove useful in developing a viable investing in Cutera
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.9 M15.1 M
Net Loss-74.1 M-70.4 M

Cutera Quarterly Net Working Capital

218.9 Million

Cutera Stock Technical Analysis

Cutera 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.
A focus of Cutera technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cutera trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cutera Period Price Range

Low
August 5, 2022
-1.51  -3%
High

 50.25 

     

 48.74 

Cutera April 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Cutera stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cutera shares will generate the highest return on investment. By undertsting and applying Cutera stock market strength indicators, traders can identify Cutera Inc entry and exit signals to maximize returns

Cutera Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cutera's price direction in advance. Along with the technical and fundamental analysis of Cutera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cutera 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.
When determining whether Cutera Inc is a strong investment it is important to analyze Cutera's 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 Cutera's future performance. For an informed investment choice regarding Cutera Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cutera Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Cutera's price analysis, check to measure Cutera'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 Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.
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Is Cutera'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 Cutera. If investors know Cutera 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 Cutera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.76)
Revenue Per Share
10.68
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.20)
Return On Equity
(44.47)
The market value of Cutera Inc is measured differently than its book value, which is the value of Cutera that is recorded on the company's balance sheet. Investors also form their own opinion of Cutera's value that differs from its market value or its book value, called intrinsic value, which is Cutera'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 Cutera's market value can be influenced by many factors that don't directly affect Cutera'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 Cutera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cutera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cutera'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.