Apyx Medical Story

<div class='circular--portrait' style='background:#B0CBFE;color: #ffffff;font-size:4em;'>AM</div>
APYX -- USA Stock  

USD 9.64  0.15  1.53%

Apyx Medical is currently generating 0.6293% in daily expected returns and assumes 4.7892% risk (volatility on return distribution) over the 60 days horizon. Since many greedy investors are excited about healthcare space, let's break down Apyx Medical against its current volatility. We will cover the possibilities of Apyx Medical's current volatility to continue through May. The current above-average Apyx Medical's volatility may impact the value of the stock as we project Apyx Medical as currently fairly valued. The real value, according to our calculations, is approaching 9.71 per share.
Published over two weeks ago
View all stories for Apyx Medical | View All Stories
Will Apyx Medical (NASDAQ:APYX) current volatility spike continue?
This firm currently holds 1.03 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest Apyx Medical is not taking enough advantage from borrowing. The company has a current ratio of 6.91, suggesting that it is liquid enough and is able to pay its financial obligations when due.
Volatility is a rate at which the price of Apyx Medical or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Apyx Medical may increase or decrease. In other words, similar to Apyx Medical's beta indicator, it measures the risk of Apyx Medical and helps estimate the fluctuations that may happen in a short period of time. So if prices of Apyx Medical fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Apyx Medical's Liquidity

Apyx Medical financial leverage refers to using borrowed capital as a funding source to finance Apyx Medical Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Apyx Medical financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Apyx Medical's total debt and its cash.

How Apyx Medical utilizes its cash?

To perform a cash flow analysis of Apyx Medical, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Apyx Medical is receiving and how much cash it distributes out in a given period. The Apyx Medical cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Apyx Medical Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Apyx Medical reported Net Cash Flow from Operations of (16.07 Million) in 2020

Apyx Medical Volatility Drivers

Apyx Medical unsystematic risk is unique to Apyx Medical Corp and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Apyx Medical you can also buy Dynatronics Cp. You can also mitigate this risk by investing in the medical devices sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Apyx Medical important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Apyx Medical income statement and balance sheet. Here are more details about Apyx Medical volatility.
1.00.76-0.960.90.420.98-0.410.130.890.29-0.410.41-0.470.65-0.80.370.380.83-0.780.8-0.63-0.340.82-0.720.880.47-0.290.420.41-0.950.740.49-0.23-0.270.780.460.410.42-0.510.940.270.930.93-0.970.60.70.941.01.0
1.00.76-0.960.920.410.98-0.40.140.90.26-0.40.41-0.490.63-0.810.380.380.84-0.790.83-0.61-0.350.82-0.740.870.44-0.270.420.42-0.950.760.49-0.21-0.280.80.460.40.43-0.540.940.280.920.93-0.970.60.680.941.01.0
0.760.76-0.780.750.610.72-0.610.290.90.47-0.61-0.26-0.330.82-0.92-0.28-0.270.95-0.880.78-0.56-0.550.93-0.620.570.0-0.23-0.25-0.19-0.80.69-0.17-0.15-0.340.6-0.110.09-0.24-0.40.92-0.380.90.9-0.82-0.040.180.910.760.72
-0.96-0.96-0.78-0.87-0.61-0.930.61-0.17-0.88-0.460.61-0.340.5-0.620.85-0.3-0.31-0.860.85-0.860.740.35-0.90.75-0.8-0.360.25-0.33-0.340.95-0.78-0.410.180.3-0.78-0.38-0.34-0.330.56-0.92-0.18-0.89-0.920.97-0.56-0.63-0.92-0.96-0.96
0.90.920.75-0.870.310.86-0.310.280.930.05-0.310.29-0.50.56-0.90.280.290.85-0.840.86-0.39-0.390.76-0.750.660.17-0.070.340.31-0.890.760.390.01-0.350.820.350.220.34-0.590.890.220.830.91-0.910.430.50.920.910.91
0.420.410.61-0.610.310.4-1.00.090.420.93-1.0-0.23-0.110.57-0.57-0.26-0.250.61-0.610.49-0.85-0.10.8-0.320.330.07-0.15-0.29-0.19-0.480.39-0.19-0.08-0.220.27-0.150.02-0.29-0.180.55-0.390.530.54-0.510.020.110.520.420.4
0.980.980.72-0.930.860.4-0.4-0.060.840.29-0.40.47-0.510.63-0.730.430.440.79-0.730.8-0.67-0.270.79-0.720.940.55-0.440.460.51-0.910.760.53-0.39-0.20.770.560.560.46-0.530.910.330.930.89-0.940.630.690.90.980.98
-0.41-0.4-0.610.61-0.31-1.0-0.4-0.09-0.42-0.931.00.230.11-0.570.570.260.25-0.60.61-0.490.850.1-0.80.32-0.32-0.070.150.290.190.48-0.390.190.080.22-0.270.15-0.020.290.18-0.540.39-0.53-0.540.51-0.02-0.11-0.52-0.42-0.4
0.130.140.29-0.170.280.09-0.06-0.090.32-0.03-0.09-0.340.160.13-0.4-0.37-0.380.28-0.310.090.22-0.410.23-0.07-0.3-0.480.8-0.24-0.52-0.22-0.07-0.270.82-0.350.09-0.54-0.79-0.240.060.23-0.340.050.25-0.19-0.180.030.250.130.11
0.890.90.9-0.880.930.420.84-0.420.320.22-0.420.05-0.560.64-0.950.020.040.95-0.930.92-0.47-0.540.86-0.820.640.04-0.180.070.09-0.90.840.13-0.1-0.380.820.130.180.07-0.640.94-0.050.90.96-0.920.220.340.960.890.87
0.290.260.47-0.460.050.930.29-0.93-0.030.22-0.93-0.230.010.51-0.33-0.27-0.270.42-0.390.27-0.85-0.030.66-0.150.320.2-0.25-0.32-0.22-0.320.22-0.22-0.21-0.10.08-0.180.06-0.310.00.4-0.410.420.37-0.350.020.130.350.290.26
-0.41-0.4-0.610.61-0.31-1.0-0.41.0-0.09-0.42-0.930.230.11-0.570.570.260.25-0.60.61-0.490.850.1-0.80.32-0.32-0.070.150.290.190.48-0.390.190.080.22-0.270.15-0.020.290.18-0.540.39-0.53-0.540.51-0.02-0.11-0.52-0.42-0.4
0.410.41-0.26-0.340.29-0.230.470.23-0.340.05-0.230.23-0.31-0.220.10.980.98-0.110.050.15-0.190.29-0.07-0.250.530.69-0.240.980.95-0.290.190.98-0.260.10.360.90.610.98-0.280.080.970.10.09-0.290.940.740.10.40.45
-0.47-0.49-0.330.5-0.5-0.11-0.510.110.16-0.560.010.11-0.310.140.45-0.24-0.26-0.420.63-0.740.330.05-0.380.92-0.380.030.44-0.19-0.320.42-0.87-0.220.390.32-0.87-0.28-0.41-0.180.97-0.37-0.19-0.41-0.50.45-0.28-0.09-0.48-0.48-0.47
0.650.630.82-0.620.560.570.63-0.570.130.640.51-0.57-0.220.14-0.68-0.21-0.20.78-0.550.47-0.52-0.490.77-0.170.60.26-0.21-0.16-0.11-0.660.34-0.08-0.16-0.060.180.00.14-0.150.080.82-0.290.830.71-0.690.010.30.730.650.61
-0.8-0.81-0.920.85-0.9-0.57-0.730.57-0.4-0.95-0.330.570.10.45-0.680.110.09-0.970.96-0.90.50.48-0.910.74-0.50.090.050.060.050.86-0.770.0-0.050.46-0.740.0-0.030.060.56-0.90.19-0.84-0.930.88-0.11-0.24-0.93-0.81-0.78
0.370.38-0.28-0.30.28-0.260.430.26-0.370.02-0.270.260.98-0.24-0.210.111.0-0.120.080.14-0.160.31-0.11-0.190.50.65-0.260.980.97-0.290.150.98-0.280.090.30.940.650.98-0.250.050.990.080.05-0.280.90.670.060.360.42
0.380.38-0.27-0.310.29-0.250.440.25-0.380.04-0.270.250.98-0.26-0.20.091.0-0.110.060.16-0.160.31-0.1-0.20.510.65-0.270.980.98-0.30.170.98-0.290.10.310.950.650.98-0.260.060.990.090.06-0.290.90.670.070.370.43
0.830.840.95-0.860.850.610.79-0.60.280.950.42-0.6-0.11-0.420.78-0.97-0.12-0.11-0.940.88-0.6-0.480.93-0.710.610.02-0.21-0.09-0.03-0.880.78-0.01-0.13-0.410.680.030.15-0.08-0.510.95-0.210.930.95-0.90.10.250.950.840.81
-0.78-0.79-0.880.85-0.84-0.61-0.730.61-0.31-0.93-0.390.610.050.63-0.550.960.080.06-0.94-0.950.60.38-0.90.86-0.50.10.180.070.010.84-0.87-0.010.090.53-0.82-0.03-0.120.070.72-0.850.17-0.81-0.90.86-0.13-0.2-0.9-0.79-0.76
0.80.830.78-0.860.860.490.8-0.490.090.920.27-0.490.15-0.740.47-0.90.140.160.88-0.95-0.6-0.350.82-0.910.60.0-0.340.130.24-0.850.950.2-0.26-0.420.880.270.350.13-0.830.820.050.810.87-0.870.270.240.870.820.8
-0.63-0.61-0.560.74-0.39-0.85-0.670.850.22-0.47-0.850.85-0.190.33-0.520.5-0.16-0.16-0.60.6-0.6-0.04-0.780.49-0.67-0.440.53-0.1-0.250.64-0.56-0.210.470.22-0.44-0.29-0.48-0.10.36-0.620.0-0.66-0.60.66-0.4-0.39-0.59-0.62-0.62
-0.34-0.35-0.550.35-0.39-0.1-0.270.1-0.41-0.54-0.030.10.290.05-0.490.480.310.31-0.480.38-0.35-0.04-0.40.21-0.150.25-0.080.240.280.38-0.310.23-0.11-0.14-0.190.240.170.230.08-0.470.3-0.43-0.40.380.19-0.02-0.43-0.36-0.32
0.820.820.93-0.90.760.80.79-0.80.230.860.66-0.8-0.07-0.380.77-0.91-0.11-0.10.93-0.90.82-0.78-0.4-0.660.650.15-0.23-0.09-0.03-0.860.730.01-0.15-0.350.640.030.16-0.08-0.440.92-0.230.90.92-0.890.190.350.910.830.8
-0.72-0.74-0.620.75-0.75-0.32-0.720.32-0.07-0.82-0.150.32-0.250.92-0.170.74-0.19-0.2-0.710.86-0.910.490.21-0.66-0.530.00.34-0.17-0.250.7-0.95-0.220.270.44-0.97-0.24-0.33-0.170.94-0.67-0.12-0.67-0.780.72-0.32-0.23-0.76-0.73-0.72
0.880.870.57-0.80.660.330.94-0.32-0.30.640.32-0.320.53-0.380.6-0.50.50.510.61-0.50.6-0.67-0.150.65-0.530.76-0.60.510.59-0.770.610.58-0.57-0.030.590.650.710.51-0.350.780.40.850.73-0.810.670.730.750.880.88
0.470.440.0-0.360.170.070.55-0.07-0.480.040.2-0.070.690.030.260.090.650.650.020.10.0-0.440.250.150.00.76-0.430.660.67-0.310.050.7-0.450.150.120.690.630.670.130.280.590.360.23-0.330.760.790.230.460.49
-0.29-0.27-0.230.25-0.07-0.15-0.440.150.8-0.18-0.250.15-0.240.44-0.210.05-0.26-0.27-0.210.18-0.340.53-0.08-0.230.34-0.6-0.43-0.14-0.440.25-0.48-0.20.99-0.07-0.27-0.5-0.9-0.140.37-0.23-0.18-0.42-0.20.27-0.19-0.05-0.21-0.29-0.28
0.420.42-0.25-0.330.34-0.290.460.29-0.240.07-0.320.290.98-0.19-0.160.060.980.98-0.090.070.13-0.10.24-0.09-0.170.510.66-0.140.94-0.330.120.99-0.170.090.30.910.551.0-0.190.110.980.110.1-0.310.920.750.110.410.47
0.410.42-0.19-0.340.31-0.190.510.19-0.520.09-0.220.190.95-0.32-0.110.050.970.98-0.030.010.24-0.250.28-0.03-0.250.590.67-0.440.94-0.340.260.95-0.460.120.350.990.790.93-0.320.120.950.180.11-0.330.860.610.120.410.46
-0.95-0.95-0.80.95-0.89-0.48-0.910.48-0.22-0.9-0.320.48-0.290.42-0.660.86-0.29-0.3-0.880.84-0.850.640.38-0.860.7-0.77-0.310.25-0.33-0.34-0.72-0.40.190.44-0.73-0.39-0.36-0.330.52-0.92-0.2-0.89-0.90.99-0.49-0.57-0.91-0.95-0.94
0.740.760.69-0.780.760.390.76-0.39-0.070.840.22-0.390.19-0.870.34-0.770.150.170.78-0.870.95-0.56-0.310.73-0.950.610.05-0.480.120.26-0.720.19-0.4-0.340.90.280.440.12-0.880.730.060.760.8-0.760.280.230.790.750.73
0.490.49-0.17-0.410.39-0.190.530.19-0.270.13-0.220.190.98-0.22-0.080.00.980.98-0.01-0.010.2-0.210.230.01-0.220.580.7-0.20.990.95-0.40.19-0.210.070.350.920.60.99-0.230.190.960.190.17-0.390.950.780.190.480.53
-0.23-0.21-0.150.180.01-0.08-0.390.080.82-0.1-0.210.08-0.260.39-0.16-0.05-0.28-0.29-0.130.09-0.260.47-0.11-0.150.27-0.57-0.450.99-0.17-0.460.19-0.4-0.21-0.12-0.19-0.51-0.9-0.160.31-0.16-0.21-0.35-0.120.2-0.19-0.04-0.13-0.23-0.22
-0.27-0.28-0.340.3-0.35-0.22-0.20.22-0.35-0.38-0.10.220.10.32-0.060.460.090.1-0.410.53-0.420.22-0.14-0.350.44-0.030.15-0.070.090.120.44-0.340.07-0.12-0.420.120.110.10.42-0.290.13-0.24-0.390.380.010.02-0.37-0.27-0.26
0.780.80.6-0.780.820.270.77-0.270.090.820.08-0.270.36-0.870.18-0.740.30.310.68-0.820.88-0.44-0.190.64-0.970.590.12-0.270.30.35-0.730.90.35-0.19-0.420.340.330.3-0.90.690.230.670.8-0.760.430.360.790.780.78
0.460.46-0.11-0.380.35-0.150.560.15-0.540.13-0.180.150.9-0.280.00.00.940.950.03-0.030.27-0.290.240.03-0.240.650.69-0.50.910.99-0.390.280.92-0.510.120.340.830.9-0.290.190.910.260.16-0.380.830.610.180.450.5
0.410.40.09-0.340.220.020.56-0.02-0.790.180.06-0.020.61-0.410.14-0.030.650.650.15-0.120.35-0.480.170.16-0.330.710.63-0.90.550.79-0.360.440.6-0.90.110.330.830.55-0.380.240.580.40.2-0.360.540.330.220.410.43
0.420.43-0.24-0.330.34-0.290.460.29-0.240.07-0.310.290.98-0.18-0.150.060.980.98-0.080.070.13-0.10.23-0.08-0.170.510.67-0.141.00.93-0.330.120.99-0.160.10.30.90.55-0.180.110.980.110.1-0.320.920.750.110.410.47
-0.51-0.54-0.40.56-0.59-0.18-0.530.180.06-0.640.00.18-0.280.970.080.56-0.25-0.26-0.510.72-0.830.360.08-0.440.94-0.350.130.37-0.19-0.320.52-0.88-0.230.310.42-0.9-0.29-0.38-0.18-0.42-0.19-0.44-0.550.53-0.25-0.05-0.53-0.52-0.51
0.940.940.92-0.920.890.550.91-0.540.230.940.4-0.540.08-0.370.82-0.90.050.060.95-0.850.82-0.62-0.470.92-0.670.780.28-0.230.110.12-0.920.730.19-0.16-0.290.690.190.240.11-0.42-0.040.980.98-0.950.310.50.990.940.92
0.270.28-0.38-0.180.22-0.390.330.39-0.34-0.05-0.410.390.97-0.19-0.290.190.990.99-0.210.170.050.00.3-0.23-0.120.40.59-0.180.980.95-0.20.060.96-0.210.130.230.910.580.98-0.19-0.04-0.03-0.05-0.180.850.62-0.030.270.33
0.930.920.9-0.890.830.530.93-0.530.050.90.42-0.530.1-0.410.83-0.840.080.090.93-0.810.81-0.66-0.430.9-0.670.850.36-0.420.110.18-0.890.760.19-0.35-0.240.670.260.40.11-0.440.98-0.030.95-0.920.310.470.960.930.9
0.930.930.9-0.920.910.540.89-0.540.250.960.37-0.540.09-0.50.71-0.930.050.060.95-0.90.87-0.6-0.40.92-0.780.730.23-0.20.10.11-0.90.80.17-0.12-0.390.80.160.20.1-0.550.98-0.050.95-0.930.310.461.00.930.91
-0.97-0.97-0.820.97-0.91-0.51-0.940.51-0.19-0.92-0.350.51-0.290.45-0.690.88-0.28-0.29-0.90.86-0.870.660.38-0.890.72-0.81-0.330.27-0.31-0.330.99-0.76-0.390.20.38-0.76-0.38-0.36-0.320.53-0.95-0.18-0.92-0.93-0.5-0.59-0.94-0.97-0.96
0.60.6-0.04-0.560.430.020.63-0.02-0.180.220.02-0.020.94-0.280.01-0.110.90.90.1-0.130.27-0.40.190.19-0.320.670.76-0.