Glaukos Corp Stock Performance
| GKOS Stock | USD 95.13 1.76 1.82% |
Glaukos Corp has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.64, which attests to 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, Glaukos Corp will likely underperform. Glaukos Corp right now retains a risk of 1.97%. Please check out Glaukos Corp coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Glaukos Corp will be following its current trending patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Glaukos Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Glaukos Corp is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (1.82) | Five Day Return (3.34) | Year To Date Return 23.42 | Ten Year Return 204.71 | All Time Return 204.71 |
1 | Glaukos Full Year 2023 Earnings Revenues Beat Expectations, EPS Lags | 02/23/2024 |
2 | Disposition of 5202 shares by Gilbert Kliman of Glaukos Corp at 84.93 subject to Rule 16b-3 | 03/06/2024 |
3 | Heres Why You Should Retain Glaukos Stock for Now | 03/13/2024 |
4 | Acquisition by Tomas Navratil of 1950 shares of Glaukos Corp subject to Rule 16b-3 | 03/14/2024 |
5 | Global Ophthalmic Imaging Equipment Market Value to Cross US 3.5 billion by 2034 Fact.MR Report | 03/27/2024 |
6 | Disposition of 2603 shares by Tomas Navratil of Glaukos Corp at 88.72 subject to Rule 16b-3 | 03/28/2024 |
7 | Glaukos To Present Numerous Scientific Abstracts at the 2024 American Society of Cataract and Refractive Surgery Annual Meeting | 04/01/2024 |
8 | Disposition of tradable shares by Alex Thurman of Glaukos Corp at 92.74 subject to Rule 16b-3 | 04/02/2024 |
9 | Glaukos Receives Permanent J-code for iDose TR | 04/03/2024 |
10 | Glaukos CFO sells shares worth over 42k | 04/04/2024 |
11 | Glaukos Corp president COO sells 38.6k in stock | 04/05/2024 |
12 | Glaucos Corp president COO sells shares worth 237,862 | 04/09/2024 |
13 | Glaukos Corp CFO Alex Thurman Sells Company Shares | 04/10/2024 |
14 | Glaukos Gains Nearly 25 percent YTD Whats Driving the Rally | 04/12/2024 |
15 | Glaukos Announces the Release of its 2023 Sustainability Report | 04/16/2024 |
| Begin Period Cash Flow | 126.6 M |
Glaukos |
Glaukos Corp Relative Risk vs. Return Landscape
If you would invest 9,323 in Glaukos Corp on January 20, 2024 and sell it today you would earn a total of 190.00 from holding Glaukos Corp or generate 2.04% return on investment over 90 days. Glaukos Corp is currently generating 0.0511% in daily expected returns and assumes 1.9698% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Glaukos, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Glaukos Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glaukos Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Glaukos Corp, and traders can use it to determine the average amount a Glaukos Corp'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 = 0.0259
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| Cash | Small Risk | GKOS | High Risk | Huge Risk |
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Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Glaukos Corp is performing at about 2% 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 Glaukos Corp by adding it to a well-diversified portfolio.
Glaukos Corp Fundamentals Growth
Glaukos Stock prices reflect investors' perceptions of the future prospects and financial health of Glaukos Corp, and Glaukos Corp 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 Glaukos Stock performance.
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.0796 | ||||
| Profit Margin | (0.43) % | ||||
| Operating Margin | (0.44) % | ||||
| Current Valuation | 4.88 B | ||||
| Shares Outstanding | 50.19 M | ||||
| Price To Earning | 94.70 X | ||||
| Price To Book | 10.52 X | ||||
| Price To Sales | 15.44 X | ||||
| Revenue | 314.71 M | ||||
| Gross Profit | 213.88 M | ||||
| EBITDA | (82.12 M) | ||||
| Net Income | (134.66 M) | ||||
| Cash And Equivalents | 391.19 M | ||||
| Cash Per Share | 8.22 X | ||||
| Total Debt | 383.74 M | ||||
| Debt To Equity | 0.68 % | ||||
| Current Ratio | 6.78 X | ||||
| Book Value Per Share | 9.40 X | ||||
| Cash Flow From Operations | (57.76 M) | ||||
| Earnings Per Share | (2.78) X | ||||
| Market Capitalization | 4.77 B | ||||
| Total Asset | 940.41 M | ||||
| Retained Earnings | (599.07 M) | ||||
| Working Capital | 321.45 M | ||||
| Current Asset | 104.14 M | ||||
| Current Liabilities | 20.36 M | ||||
About Glaukos Corp Performance
To evaluate Glaukos Corp 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 Glaukos Corp 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 Glaukos 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 Glaukos Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Glaukos'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 Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 202.78 | 144.82 | |
| Return On Tangible Assets | (0.23) | (0.24) | |
| Return On Capital Employed | (0.15) | (0.16) | |
| Return On Assets | (0.14) | (0.15) | |
| Return On Equity | (0.29) | (0.28) |
Things to note about Glaukos Corp performance evaluation
Checking the ongoing alerts about Glaukos Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Glaukos Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 314.71 M. Net Loss for the year was (134.66 M) with profit before overhead, payroll, taxes, and interest of 213.88 M. | |
| Glaukos Corp currently holds about 391.19 M in cash with (57.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.22. | |
| Glaukos Corp has a frail financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Glaukos Announces the Release of its 2023 Sustainability Report |
- Analyzing Glaukos Corp'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 Glaukos Corp's stock is overvalued or undervalued compared to its peers.
- Examining Glaukos Corp'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 Glaukos Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Glaukos Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Glaukos Corp's stock. These opinions can provide insight into Glaukos Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. 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 Glaukos Stock please use our How to Invest in Glaukos Corp guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Glaukos Corp's price analysis, check to measure Glaukos Corp'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 Glaukos Corp is operating at the current time. Most of Glaukos Corp's value examination focuses on studying past and present price action to predict the probability of Glaukos Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glaukos Corp's price. Additionally, you may evaluate how the addition of Glaukos Corp to your portfolios can decrease your overall portfolio volatility.
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Is Glaukos Corp'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 Glaukos Corp. If investors know Glaukos 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 Glaukos Corp 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 18.963 | Earnings Share (2.78) | Revenue Per Share 6.498 | Quarterly Revenue Growth 0.156 | Return On Assets (0.08) |
The market value of Glaukos Corp is measured differently than its book value, which is the value of Glaukos that is recorded on the company's balance sheet. Investors also form their own opinion of Glaukos Corp's value that differs from its market value or its book value, called intrinsic value, which is Glaukos Corp'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 Glaukos Corp's market value can be influenced by many factors that don't directly affect Glaukos Corp'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 Glaukos Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glaukos Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glaukos Corp'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.