Electromed Stock Price History

ELMD Stock  USD 16.73  0.34  2.07%   
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 16.73, as last reported on the 24th of April, with the highest price reaching 16.73 and the lowest price hitting 15.75 during the day.
IPO Date
13th of August 2010
200 Day MA
11.6412
50 Day MA
15.2746
Beta
0.417
 
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Covid
If you're considering investing in Electromed Stock, it is important to understand the factors that can impact its price. Electromed appears to be somewhat reliable, given 3 months investment horizon. Electromed secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. By reviewing Electromed's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please utilize Electromed's Downside Deviation of 2.31, mean deviation of 2.79, and Coefficient Of Variation of 604.01 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.

Sharpe Ratio = 0.2003

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Estimated Market Risk

 4.48
  actual daily
39
61% of assets are more volatile

Expected Return

 0.9
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Electromed is performing at about 15% 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

Electromed Stock Price History Chart

There are several ways to analyze Electromed Stock price data. The simplest method is using a basic Electromed candlestick price chart, which shows Electromed price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 20, 202417.61
Lowest PriceFebruary 7, 202410.02

Electromed April 24, 2024 Stock Price Synopsis

Various analyses of Electromed's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Electromed Stock. It can be used to describe the percentage change in the price of Electromed from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Electromed Stock.
Electromed Price Daily Balance Of Power 0.35 
Electromed Price Rate Of Daily Change 1.02 
Electromed Price Action Indicator 0.66 
Electromed Accumulation Distribution 1,209 

Electromed April 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Electromed Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Electromed intraday prices and daily technical indicators to check the level of noise trading in Electromed Stock and then apply it to test your longer-term investment strategies against Electromed.

Electromed Stock Price History Data

The price series of Electromed for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 7.59 with a coefficient of variation of 18.45. Under current investment horizon, the daily prices are spread out with arithmetic mean of 14.15. The median price for the last 90 days is 15.0.
OpenHighLowCloseVolume
04/24/2024 16.39  16.73  15.75  16.73  20,645 
04/23/2024 15.73  16.49  15.58  16.39  66,097 
04/22/2024 14.55  16.00  14.55  15.72  48,986 
04/19/2024 14.00  14.74  14.00  14.50  22,289 
04/18/2024 14.45  14.45  13.90  13.94  26,450 
04/17/2024 14.43  14.94  14.13  14.13  14,738 
04/16/2024 14.48  14.80  14.30  14.40  29,206 
04/15/2024 14.74  15.15  14.12  14.65  26,461 
04/12/2024 14.75  15.31  14.48  14.54  11,627 
04/11/2024 14.90  15.38  14.75  14.75  13,045 
04/10/2024 14.78  15.33  14.77  14.81  20,816 
04/09/2024 15.34  15.64  14.97  14.97  14,290 
04/08/2024 15.43  15.87  15.12  15.33  24,200 
04/05/2024 15.49  15.80  15.29  15.37  10,839 
04/04/2024 15.56  16.55  15.14  15.54  60,641 
04/03/2024 15.25  15.69  15.09  15.43  15,620 
04/02/2024 16.18  16.23  15.26  15.45  30,295 
04/01/2024 16.23  16.39  15.82  16.22  32,397 
03/28/2024 16.46  16.78  15.89  16.15  10,081 
03/27/2024 16.36  16.59  16.19  16.41  16,054 
03/26/2024 16.56  16.77  16.25  16.26  24,856 
03/25/2024 16.97  17.20  16.22  16.48  52,913 
03/22/2024 17.08  17.41  16.76  17.23  28,945 
03/21/2024 17.53  17.85  16.93  17.24  47,712 
03/20/2024 17.52  17.68  17.26  17.61  29,449 
03/19/2024 17.18  17.55  16.74  17.13  24,306 
03/18/2024 17.49  17.62  16.88  17.28  34,956 
03/15/2024 16.22  17.81  16.22  17.52  108,148 
03/14/2024 16.88  16.88  16.14  16.52  35,018 
03/13/2024 17.04  17.28  16.81  16.92  22,151 
03/12/2024 16.92  17.29  16.67  17.20  22,976 
03/11/2024 16.87  17.36  16.39  16.99  35,462 
03/08/2024 16.38  17.19  16.26  17.19  70,560 
03/07/2024 15.60  16.50  15.60  16.50  76,783 
03/06/2024 15.16  16.00  15.16  16.00  40,204 
03/05/2024 15.90  15.90  15.00  15.00  34,683 
03/04/2024 15.43  15.89  15.27  15.67  49,510 
03/01/2024 15.31  15.64  15.11  15.35  43,286 
02/29/2024 15.25  15.78  15.02  15.20  30,030 
02/28/2024 14.84  15.61  14.47  15.42  50,966 
02/27/2024 15.41  15.48  15.00  15.00  32,353 
02/26/2024 14.88  15.77  14.88  15.50  44,657 
02/23/2024 14.69  15.00  14.27  14.98  23,013 
02/22/2024 15.41  15.41  14.19  14.50  34,710 
02/21/2024 14.80  15.50  14.63  15.09  53,231 
02/20/2024 14.24  16.06  14.01  14.99  110,873 
02/16/2024 13.94  14.60  13.16  13.74  91,832 
02/15/2024 12.95  13.65  12.88  13.47  90,301 
02/14/2024 11.15  12.95  11.15  12.87  125,838 
02/13/2024 10.05  10.50  10.05  10.14  6,700 
02/12/2024 10.33  10.46  10.05  10.05  6,397 
02/09/2024 10.26  10.40  10.26  10.38  7,539 
02/08/2024 10.22  10.29  9.96  10.19  4,231 
02/07/2024 10.09  10.09  9.96  10.02  1,916 
02/06/2024 10.28  10.33  10.15  10.15  9,814 
02/05/2024 10.13  10.32  9.90  10.11  15,694 
02/02/2024 10.41  10.42  10.18  10.33  6,135 
02/01/2024 10.24  10.32  10.07  10.07  4,858 
01/31/2024 10.43  10.44  10.05  10.05  11,723 
01/30/2024 10.05  10.49  10.05  10.38  3,845 
01/29/2024 10.31  10.37  10.05  10.05  4,114 

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 ReportedProjected for Next Year
Common Stock Shares Outstanding10 M8.8 M
Net Income Applicable To Common Shares3.6 M3.8 M

Electromed Quarterly Net Working Capital

32.69 Million

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.
A focus of Electromed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Electromed 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...

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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.
When determining whether Electromed is a strong investment it is important to analyze Electromed'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 Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.