Electromed Stock Price on July 27, 2023
| ELMD Stock | USD 29.24 0.56 1.88% |
Below is the normalized historical share price chart for Electromed extending back to August 13, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Electromed stands at 29.24, as last reported on the 29th of December, with the highest price reaching 29.99 and the lowest price hitting 28.80 during the day.
If you're considering investing in Electromed Stock, it is important to understand the factors that can impact its price. Electromed appears to be very steady, given 3 months investment horizon. Electromed secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. By reviewing Electromed's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Electromed's Mean Deviation of 2.07, downside deviation of 2.2, and Coefficient Of Variation of 409.65 to check if our risk estimates are consistent with your expectations.
At present, Electromed's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 1.8 M, whereas Common Stock Total Equity is forecasted to decline to about 86.6 K. . At present, Electromed's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 14.67, whereas Price Book Value Ratio is forecasted to decline to 2.65. Electromed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of August 2010 | 200 Day MA 19.1178 | 50 Day MA 26.9376 | Beta 0.264 |
Electromed |
Sharpe Ratio = 0.2036
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Electromed is performing at about 16% 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 Electromed by adding it to a well-diversified portfolio.
Price Book 5.9611 | Enterprise Value Ebitda 25.3088 | Price Sales 4.5199 | Shares Float 6.4 M | Wall Street Target Price 33 |
Electromed Valuation on July 27, 2023
It is possible to determine the worth of Electromed on a given historical date. On July 27, 2023 Electromed was worth 10.75 at the beginning of the trading date compared to the closed value of 10.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electromed stock. Still, in general, we apply an absolute valuation method to find Electromed's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Electromed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electromed's related companies.
| Open | High | Low | Close | Volume | |
| 10.64 | 10.64 | 10.60 | 10.60 | 997.00 | |
07/27/2023 | 10.75 | 10.85 | 10.50 | 10.60 | 6,997 |
| 10.58 | 10.59 | 10.25 | 10.57 | 6,418 |
| Backtest Electromed | | | Electromed History | | | Electromed Valuation | Previous | Next |
Electromed Trading Date Momentum on July 27, 2023
| On July 28 2023 Electromed was traded for 10.57 at the closing time. The top price for the day was 10.59 and the lowest listed price was 10.25 . The trading volume for the day was 6.4 K. The trading history from July 28, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.28% . The overall trading delta against the current closing price is 4.15% . |
Electromed Fundamentals Correlations and Trends
By evaluating Electromed's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Electromed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electromed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electromed Stock history
Electromed investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Electromed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electromed will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Electromed stock prices may prove useful in developing a viable investing in Electromed
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.9 M | 8.9 M | |
| Net Income Applicable To Common Shares | 3.6 M | 3.8 M |
Electromed Quarterly Net Working Capital |
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Electromed Stock Technical Analysis
Electromed technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Electromed Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Electromed cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Electromed December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Electromed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electromed shares will generate the highest return on investment. By undertsting and applying Electromed stock market strength indicators, traders can identify Electromed entry and exit signals to maximize returns
Electromed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electromed's price direction in advance. Along with the technical and fundamental analysis of Electromed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electromed to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2015 | |||
| Jensen Alpha | 0.6152 | |||
| Total Risk Alpha | 0.5546 | |||
| Sortino Ratio | 0.2747 | |||
| Treynor Ratio | 1.15 |
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| Volume Indicators |
Complementary Tools for Electromed Stock analysis
When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
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