Avanos Medical Financials
8HH Stock | 18.60 0.70 3.91% |
Avanos |
Understanding current and past Avanos Medical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avanos Medical's financial statements are interrelated, with each one affecting the others. For example, an increase in Avanos Medical's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Avanos Medical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avanos Medical. Check Avanos Medical's Beneish M Score to see the likelihood of Avanos Medical's management manipulating its earnings.
Instrument | Germany Stock View All |
Exchange | Stuttgart Exchange |
ISIN | US05350V1061 |
Benchmark | Dow Jones Industrial |
You should never invest in Avanos Medical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Avanos Stock, because this is throwing your money away. Analyzing the key information contained in Avanos Medical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Avanos Medical Key Financial Ratios
Avanos Medical's financial ratios allow both analysts and investors to convert raw data from Avanos Medical's financial statements into concise, actionable information that can be used to evaluate the performance of Avanos Medical over time and compare it to other companies across industries.Avanos Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avanos Medical's current stock value. Our valuation model uses many indicators to compare Avanos Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avanos Medical competition to find correlations between indicators driving Avanos Medical's intrinsic value. More Info.Avanos Medical is the top company in current valuation category among its peers. It is rated fifth in price to book category among its peers . The ratio of Current Valuation to Price To Book for Avanos Medical is about 1,389,667,120 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avanos Medical's earnings, one of the primary drivers of an investment's value.Avanos Medical Systematic Risk
Avanos Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avanos Medical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Avanos Medical correlated with the market. If Beta is less than 0 Avanos Medical generally moves in the opposite direction as compared to the market. If Avanos Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avanos Medical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avanos Medical is generally in the same direction as the market. If Beta > 1 Avanos Medical moves generally in the same direction as, but more than the movement of the benchmark.
Avanos Medical Thematic Clasifications
Avanos Medical is part of Drugs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery
This theme covers Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. Get More Thematic Ideas
Drugs | View |
Avanos Medical December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Avanos Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avanos Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avanos Medical based on widely used predictive technical indicators. In general, we focus on analyzing Avanos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avanos Medical's daily price indicators and compare them against related drivers.
Information Ratio | (0.12) | |||
Maximum Drawdown | 20.85 | |||
Value At Risk | (2.88) | |||
Potential Upside | 2.88 |
Additional Tools for Avanos Stock Analysis
When running Avanos Medical's price analysis, check to measure Avanos Medical'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 Avanos Medical is operating at the current time. Most of Avanos Medical's value examination focuses on studying past and present price action to predict the probability of Avanos Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanos Medical's price. Additionally, you may evaluate how the addition of Avanos Medical to your portfolios can decrease your overall portfolio volatility.