Biolase Stock Performance

BIOL Stock  USD 0.19  0.03  18.75%   
The firm shows a Beta (market volatility) of 5.4, 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, BIOLASE will likely underperform. BIOLASE has an expected return of -1.92%. Please make sure to confirm BIOLASE information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if BIOLASE performance from the past will be repeated in the future.

Risk-Adjusted Performance

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Over the last 90 days BIOLASE has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in April 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Last Split Factor
1:100
Dividend Date
2018-05-11
Ex Dividend Date
2005-06-24
Last Split Date
2023-07-28
1
BIOLASE Upgraded at StockNews.com
01/04/2024
2
Purchase by Schuler Jack W of 8002 shares of BIOLASE
01/23/2024
3
BIOLASE, Inc. Granted Extension by Nasdaq to Regain Compliance with the Stockholders Equity Continued Listing Requirement
02/14/2024
4
BIOLASE, Inc. Announces Closing of 7.0 Million Public Offering
02/15/2024
5
Biolase Announces First Quarter 2024 Webinar Series Lets Talk Dental
02/20/2024
6
StockNews.com Begins Coverage on BIOLASE
02/26/2024
7
Biolase faces Nasdaq delisting over share price rule By Investing.com - Investing.com Australia
03/05/2024
8
BIOLASE to Report Fourth Quarter and Full Year 2023 Results on March 21, 2024
03/14/2024
9
Disposition of 1395 shares by Jonathan Lord of BIOLASE subject to Rule 16b-3
03/15/2024
10
Biolase Reports Full-Year 2023 Results Expects Continued Revenue Growth In 2024
03/21/2024
11
BIOL Stock Earnings Biolase Beats EPS, Misses Revenue for Q4 2023
03/22/2024
Begin Period Cash Flow4.2 M
  

BIOLASE Relative Risk vs. Return Landscape

If you would invest  110.00  in BIOLASE on December 30, 2023 and sell it today you would lose (91.00) from holding BIOLASE or give up 82.73% of portfolio value over 90 days. BIOLASE is currently does not generate positive expected returns and assumes 11.552% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than BIOLASE, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days BIOLASE is expected to under-perform the market. In addition to that, the company is 20.16 times more volatile than its market benchmark. It trades about -0.17 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

BIOLASE Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for BIOLASE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BIOLASE, and traders can use it to determine the average amount a BIOLASE'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 = -0.1666

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Negative ReturnsBIOL

Estimated Market Risk

 11.55
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.92
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average BIOLASE 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 BIOLASE by adding BIOLASE to a well-diversified portfolio.

BIOLASE Fundamentals Growth

BIOLASE Stock prices reflect investors' perceptions of the future prospects and financial health of BIOLASE, and BIOLASE 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 BIOLASE Stock performance.

About BIOLASE Performance

To evaluate BIOLASE Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when BIOLASE 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 BIOLASE Stock'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 BIOLASE market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents BIOLASE'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.
Last ReportedProjected for 2024
Return On Capital Employed(1.16)(1.10)
Return On Assets(0.59)(0.62)
Return On Equity 83.53  87.71 

Things to note about BIOLASE performance evaluation

Checking the ongoing alerts about BIOLASE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BIOLASE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BIOLASE generated a negative expected return over the last 90 days
BIOLASE has high historical volatility and very poor performance
BIOLASE has some characteristics of a very speculative penny stock
BIOLASE has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 49.16 M. Net Loss for the year was (20.63 M) with profit before overhead, payroll, taxes, and interest of 16.53 M.
BIOLASE currently holds about 9.96 M in cash with (14.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
BIOLASE has a frail financial position based on the latest SEC disclosures
Latest headline from investorplace.com: BIOL Stock Earnings Biolase Beats EPS, Misses Revenue for Q4 2023
Evaluating BIOLASE's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate BIOLASE's stock performance include:
  • Analyzing BIOLASE'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 BIOLASE's stock is overvalued or undervalued compared to its peers.
  • Examining BIOLASE'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 BIOLASE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BIOLASE's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of BIOLASE's stock. These opinions can provide insight into BIOLASE's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating BIOLASE's stock performance is not an exact science, and many factors can impact BIOLASE's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether BIOLASE is a strong investment it is important to analyze BIOLASE'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 BIOLASE's future performance. For an informed investment choice regarding BIOLASE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIOLASE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy BIOLASE Stock please use our How to buy in BIOLASE Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running BIOLASE's price analysis, check to measure BIOLASE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BIOLASE is operating at the current time. Most of BIOLASE's value examination focuses on studying past and present price action to predict the probability of BIOLASE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIOLASE's price. Additionally, you may evaluate how the addition of BIOLASE to your portfolios can decrease your overall portfolio volatility.
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Is BIOLASE'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 BIOLASE. If investors know BIOLASE 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 BIOLASE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(29.44)
Revenue Per Share
38.469
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.29)
Return On Equity
(6.03)
The market value of BIOLASE is measured differently than its book value, which is the value of BIOLASE that is recorded on the company's balance sheet. Investors also form their own opinion of BIOLASE's value that differs from its market value or its book value, called intrinsic value, which is BIOLASE'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 BIOLASE's market value can be influenced by many factors that don't directly affect BIOLASE'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 BIOLASE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIOLASE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIOLASE'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.