Amedica WT Performance

AMDDWDelisted Stock  USD 0.0004  0.00  0.00%   
The firm shows a Beta (market volatility) of 23.79, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amedica WT will likely underperform. Amedica WT right now shows a risk of 0.0%. Please confirm Amedica WT information ratio and the relationship between the maximum drawdown and day typical price , to decide if Amedica WT will be following its price patterns.

Risk-Adjusted Performance

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Over the last 90 days Amedica WT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable fundamental indicators, Amedica WT is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Total Cashflows From Investing Activities-1.1 M
  

Amedica WT Relative Risk vs. Return Landscape

If you would invest  0.04  in Amedica WT on December 29, 2023 and sell it today you would earn a total of  0.00  from holding Amedica WT or generate 0.0% return on investment over 90 days. Amedica WT is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Amedica, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Amedica WT Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amedica WT's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Amedica WT, and traders can use it to determine the average amount a Amedica WT's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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Based on monthly moving average Amedica WT is not performing at its full potential. However, 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 Amedica WT by adding Amedica WT to a well-diversified portfolio.

Amedica WT Fundamentals Growth

Amedica Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Amedica WT, and Amedica WT fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Amedica Pink Sheet performance.

About Amedica WT Performance

To evaluate Amedica WT Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Amedica WT generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Amedica Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Amedica WT market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Amedica's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Amedica Corporation, a biomaterial company, develops, manufactures, and commercializes a range of medical devices based on its silicon nitride technology platform in the United States, Europe, and South America. Amedica Corporation was founded in 1996 and is headquartered in Salt Lake City, Utah. Amedica Corp is traded on BATS Exchange in USA.

Things to note about Amedica WT performance evaluation

Checking the ongoing alerts about Amedica WT for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Amedica WT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Amedica WT is not yet fully synchronised with the market data
Amedica WT has some characteristics of a very speculative penny stock
Amedica WT has a very high chance of going through financial distress in the upcoming years
The company has accumulated 2.96 M in total debt with debt to equity ratio (D/E) of 54.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Amedica WT has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Amedica WT until it has trouble settling it off, either with new capital or with free cash flow. So, Amedica WT's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Amedica WT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amedica to invest in growth at high rates of return. When we think about Amedica WT's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 594 K. Net Loss for the year was (9.33 M) with profit before overhead, payroll, taxes, and interest of 0.
Amedica WT has accumulated about 539 K in cash with (4.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Evaluating Amedica WT's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Amedica WT's pink sheet performance include:
  • Analyzing Amedica WT's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Amedica WT's stock is overvalued or undervalued compared to its peers.
  • Examining Amedica WT's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Amedica WT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Amedica WT's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Amedica WT's pink sheet. These opinions can provide insight into Amedica WT's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Amedica WT's pink sheet performance is not an exact science, and many factors can impact Amedica WT's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Amedica WT information on this page should be used as a complementary analysis to other Amedica WT'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Amedica Pink Sheet

If you are still planning to invest in Amedica WT check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Amedica WT's history and understand the potential risks before investing.
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