Shockwave Medical Stock Price on October 13, 2020
| SWAV Stock | USD 328.60 0.40 0.12% |
Below is the normalized historical share price chart for Shockwave Medical extending back to March 07, 2019. 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 Shockwave Medical stands at 328.60, as last reported on the 23rd of April, with the highest price reaching 329.49 and the lowest price hitting 328.21 during the day.
If you're considering investing in Shockwave Stock, it is important to understand the factors that can impact its price. Shockwave Medical appears to be very steady, given 3 months investment horizon. Shockwave Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. By inspecting Shockwave Medical's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Shockwave Medical's Coefficient Of Variation of 356.7, risk adjusted performance of 0.1789, and Semi Deviation of 0.743 to confirm if our risk estimates are consistent with your expectations.
At this time, Shockwave Medical's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 1.6 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 33.7 M in 2024. . At this time, Shockwave Medical's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 46.30 in 2024, whereas Price Book Value Ratio is likely to drop 10.42 in 2024. Shockwave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of March 2019 | 200 Day MA 230.5609 | 50 Day MA 283.569 | Beta 0.883 |
Shockwave |
Sharpe Ratio = 0.274
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Shockwave Medical is performing at about 21% 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 Shockwave Medical by adding it to a well-diversified portfolio.
Price Book 18.3843 | Enterprise Value Ebitda 63.031 | Price Sales 16.8321 | Shares Float 36.8 M | Wall Street Target Price 316.14 |
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 Shockwave Medical Stock history
Shockwave Medical 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 Shockwave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shockwave Medical 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 Shockwave Medical stock prices may prove useful in developing a viable investing in Shockwave Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.2 M | 33.7 M | |
| Net Income Applicable To Common Shares | 248.4 M | 260.8 M |
Shockwave Medical Quarterly Net Working Capital |
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Shockwave Medical Stock Technical Analysis
Shockwave Medical 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
Shockwave Medical Period Price Range
Shockwave Medical April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shockwave Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shockwave Medical shares will generate the highest return on investment. By undertsting and applying Shockwave Medical stock market strength indicators, traders can identify Shockwave Medical entry and exit signals to maximize returns
| Accumulation Distribution | 2792.12 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 328.85 | |||
| Day Typical Price | 328.77 | |||
| Price Action Indicator | (0.45) | |||
| Period Momentum Indicator | (0.40) |
Shockwave Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shockwave Medical's price direction in advance. Along with the technical and fundamental analysis of Shockwave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shockwave 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 | 0.1789 | |||
| Jensen Alpha | 0.567 | |||
| Total Risk Alpha | 0.3518 | |||
| Sortino Ratio | 0.4289 | |||
| Treynor Ratio | 0.7 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shockwave Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Shockwave Stock please use our How to Invest in Shockwave Medical guide.Note that the Shockwave Medical information on this page should be used as a complementary analysis to other Shockwave Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 Shockwave Stock analysis
When running Shockwave Medical's price analysis, check to measure Shockwave Medical'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 Shockwave Medical is operating at the current time. Most of Shockwave Medical's value examination focuses on studying past and present price action to predict the probability of Shockwave Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shockwave Medical's price. Additionally, you may evaluate how the addition of Shockwave Medical to your portfolios can decrease your overall portfolio volatility.
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Is Shockwave Medical'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 Shockwave Medical. If investors know Shockwave 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 Shockwave Medical 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 (0.69) | Earnings Share 3.85 | Revenue Per Share 19.894 | Quarterly Revenue Growth 0.409 | Return On Assets 0.0938 |
The market value of Shockwave Medical is measured differently than its book value, which is the value of Shockwave that is recorded on the company's balance sheet. Investors also form their own opinion of Shockwave Medical's value that differs from its market value or its book value, called intrinsic value, which is Shockwave Medical'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 Shockwave Medical's market value can be influenced by many factors that don't directly affect Shockwave Medical'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 Shockwave Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shockwave Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shockwave Medical'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.