Observe Medical Financials
| OBSRV Stock | NOK 0.39 0.01 2.50% |
Observe |
Observe Medical Stock Summary
Observe Medical competes with Sparebank, Veidekke ASA, Sogn Sparebank, Romsdal Sparebank, and DnB ASA. Observe Medical ASA develops and markets medical technology products for patients, healthcare professionals, and hospitals in Europe and the United States. The company was founded in 2009 and is headquartered in Oslo, Norway. OBSERVE MEDICAL is traded on Oslo Stock Exchange in Norway.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010865009 |
| Business Address | Dronning Eufemias gate |
| Sector | Healthcare |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | observemedical.com |
| Currency | NOK - Kroner |
You should never invest in Observe Medical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Observe Stock, because this is throwing your money away. Analyzing the key information contained in Observe Medical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Observe Medical Key Financial Ratios
Observe Medical's financial ratios allow both analysts and investors to convert raw data from Observe Medical's financial statements into concise, actionable information that can be used to evaluate the performance of Observe Medical over time and compare it to other companies across industries.Observe Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Observe Medical's current stock value. Our valuation model uses many indicators to compare Observe Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Observe Medical competition to find correlations between indicators driving Observe Medical's intrinsic value. More Info.Observe Medical Asa is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Observe Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Observe Medical's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Observe Medical Asa Systematic Risk
Observe Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Observe 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Observe Medical Asa correlated with the market. If Beta is less than 0 Observe Medical generally moves in the opposite direction as compared to the market. If Observe Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Observe Medical Asa is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Observe Medical is generally in the same direction as the market. If Beta > 1 Observe Medical moves generally in the same direction as, but more than the movement of the benchmark.
Observe Medical Thematic Clasifications
Observe Medical Asa 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 |
Observe Medical December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Observe Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Observe Medical Asa. We use our internally-developed statistical techniques to arrive at the intrinsic value of Observe Medical Asa based on widely used predictive technical indicators. In general, we focus on analyzing Observe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Observe Medical's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.22 | |||
| Information Ratio | 0.0017 | |||
| Maximum Drawdown | 43.05 | |||
| Value At Risk | (8.57) | |||
| Potential Upside | 9.38 |
Other Information on Investing in Observe Stock
Observe Medical financial ratios help investors to determine whether Observe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Observe with respect to the benefits of owning Observe Medical security.