Electromed Stock Price on June 5, 2020
| ELMD Stock | USD 14.13 0.27 1.87% |
Below is the normalized historical share price chart for Electromed extending back to August 13, 2010. 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 Electromed stands at 14.13, as last reported on the 18th of April 2024, with the highest price reaching 14.13 and the lowest price hitting 14.13 during the day.
If you're considering investing in Electromed Stock, it is important to understand the factors that can impact its price. Electromed appears to be not too volatile, given 3 months investment horizon. Electromed secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. By reviewing Electromed's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Electromed's Downside Deviation of 2.27, mean deviation of 2.55, and Coefficient Of Variation of 828.77 to check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 45.5 M, whereas Common Stock Total Equity is forecasted to decline to about 86.6 K. . At present, Electromed's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 83.24, whereas Price Earnings Ratio is forecasted to decline to 31.21. Electromed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of August 2010 | 200 Day MA 11.5453 | 50 Day MA 14.8368 | Beta 0.417 |
Electromed |
Sharpe Ratio = 0.1198
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ELMD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.52 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.
Price Book 3.1015 | Enterprise Value Ebitda 19.7326 | Price Sales 2.4204 | Shares Float 5.9 M | Wall Street Target Price 26 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Electromed Stock history
Electromed 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 Electromed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electromed 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 Electromed stock prices may prove useful in developing a viable investing in Electromed
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10 M | 8.8 M | |
| Net Income Applicable To Common Shares | 3.6 M | 3.8 M |
Electromed Quarterly Net Working Capital |
|
Electromed Stock Technical Analysis
Electromed 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
Electromed Period Price Range
Electromed April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Electromed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electromed shares will generate the highest return on investment. By undertsting and applying Electromed stock market strength indicators, traders can identify Electromed entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 14.13 | |||
| Day Typical Price | 14.13 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.27) |
Electromed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electromed's price direction in advance. Along with the technical and fundamental analysis of Electromed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electromed 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 | 0.0846 | |||
| Jensen Alpha | 0.4293 | |||
| Total Risk Alpha | 0.1971 | |||
| Sortino Ratio | 0.2027 | |||
| Treynor Ratio | 0.3038 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
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.