We consider Integer Holdings very steady.
Integer Holdings Corp holds Efficiency (Sharpe) Ratio of 0.0243, which attests that the entity had 0.0243% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific
technical indicators that cannot be
diversified away. We have found twenty-eight
technical indicators for Integer Holdings Corp, which you can use to evaluate the future volatility of the firm. Please check out Integer Holdings Market Risk Adjusted Performance of 0.0105,
downside deviation of 2.25, and Risk Adjusted Performance of 0.0103 to validate if the risk estimate we provide is consistent with the expected return of 0.0508%.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Integer Holdings income statement, its balance sheet, and the statement of cash flows. Potential Integer Holdings investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Integer Holdings investors may use each financial statement separately, they are all related. The changes in Integer Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Integer Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Integer Holdings
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Integer Holdings performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Integer Holdings shares is the value that is considered the true value of the share. If
the intrinsic value of Integer is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Integer Holdings. Please read more on our
fundamental analysis page.
How important is Integer Holdings's Liquidity
Integer Holdings
financial leverage refers to using borrowed capital as a funding source to finance Integer Holdings Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Integer Holdings 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. Financial leverage can amplify the potential profits to Integer Holdings' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Integer Holdings' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Integer Holdings's total debt and its cash.
What is driving Integer Holdings Investor Appetite?
Many companies such as Integer Holdings have both institutions investors and insiders sharing the ownership. Retail investors typically buy and sell stocks in round lots of 100 shares or more. Other other hand institutional investors are known to buy and sell in block trades of 10,000 shares or more. Let's take a look at how the ownership of Integer is distributed among investors.
Ownership Allocation
Integer Holdings secures a total of 33.02 Million outstanding shares. The majority of Integer Holdings Corp
outstanding shares are owned by
outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Integer Holdings to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Integer Holdings Corp. Please pay attention to any change in the institutional holdings of Integer Holdings Corp as this could imply that something significant has changed or about to change at the company. Also note that almost one million three hundred twenty thousand eight hundred invesors are currently shorting Integer Holdings expressing very little confidence in its
future performance.
| Retail Investors | -3.87 |
| Insiders | 1.48 |
| Institutions | 102.39 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Integer Holdings has an asset utilization ratio of 40.91 percent. This connotes that the company is making $0.41 for each dollar of assets. An increasing asset utilization means that Integer Holdings Corp is more efficient with each dollar of assets it utilizes for everyday operations.
| Assets Non Current2 B | Goodwill1.6 B | |
| Current Assets | 474.61 Million | 11.38 |
| Assets Non Current | 2.04 Billion | 48.85 |
| Goodwill | 1.65 Billion | 39.54 |
| Tax Assets | 9.52 Million | 0.23 |
Integer Holdings has 91 percent odds to go over $78 this year
Integer Holdings treynor ratio is up to 0.0. Integer Holdings Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.06. However, we advise investors to further question Integer Holdings Corp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Integer Holdings' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Integer Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Integer Holdings Implied Volatility
Integer Holdings' implied volatility exposes the market's sentiment of Integer Holdings Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Integer Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Integer Holdings stock will not fluctuate a lot when Integer Holdings' options are near their expiration.
While some other companies in the medical devices industry are either recovering or due for a correction, Integer Holdings may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Integer as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Integer Holdings.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Integer Holdings Corp. Please refer to our
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