|ResMed Inc -- USA Stock|| |
USD 88.68 0.11 0.12%
ResMed has performance score of 15 on a scale of 0 to 100. The organization holds Beta of 0.2283 which implies as returns on market increase, ResMed returns are expected to increase less than the market. However during bear market, the loss on holding ResMed will be expected to be smaller as well.. Although it is extremely important to respect ResMed Inc
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing ResMed Inc technical indicators
you can presently evaluate if the expected return of 0.1825% will be sustainable into the future. ResMed Inc
right now holds a risk of 0.7555%. Please check ResMed Inc Information Ratio
, Value At Risk
as well as the relationship
between Value At Risk and Expected Short fall
to decide if ResMed Inc will be following its historical price patterns
ResMed Inc Relative Risk vs. Return Landscape
If you would invest 8,557
in ResMed Inc on December 20, 2017
and sell it today you would earn a total of 313
from holding ResMed Inc or generate 3.66%
return on investment over 30
days. ResMed Inc is generating 0.1825% of daily returns assuming volatility of 0.7555% on return distribution over 30 days investment horizon. In other words, 6% of equities are less volatile than the company and above 97% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, ResMed Inc is expected to generate 1.4 times less return on investment than the market. In addition to that, the company is 1.67 times more volatile than its market benchmark. It trades about 0.24 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.57 per unit of volatility.
Based on recorded statements ResMed Inc has Operating Margin of 22.36%. This is 167.98% lower than that of the Healthcare sector, and significantly higher than that of Medical Equipment
industry, The Operating Margin for all stocks is 304.95% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
ResMed Daily Price Distribution
The median price of ResMed for the period between Wed, Dec 20, 2017 and Fri, Jan 19, 2018 is 86.54 with a coefficient of variation of 1.51. The daily time series for the period is distributed with a sample standard deviation of 1.31, arithmetic mean of 86.73, and mean deviation of 1.14. The Stock received some media coverage during the period.