Monogram Orthopaedics Common Stock Price on December 4, 2024
| MGRM Stock | 2.61 0.05 1.88% |
If you're considering investing in Monogram Stock, it is important to understand the factors that can impact its price. As of today, the current price of Monogram Orthopaedics stands at 2.61, as last reported on the 16th of December 2024, with the highest price reaching 2.74 and the lowest price hitting 2.52 during the day. Monogram Orthopaedics has Sharpe Ratio of -0.0629, which conveys that the firm had a -0.0629% return per unit of risk over the last 3 months. Monogram Orthopaedics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monogram Orthopaedics' Risk Adjusted Performance of (0.02), standard deviation of 3.98, and Mean Deviation of 2.77 to check out the risk estimate we provide.
At this time, Monogram Orthopaedics' Total Stockholder Equity is very stable compared to the past year. As of the 16th of December 2024, Common Stock Shares Outstanding is likely to grow to about 23 M, while Stock Based Compensation is likely to drop about 969.2 K. . At this time, Monogram Orthopaedics' Price To Sales Ratio is very stable compared to the past year. As of the 16th of December 2024, Price Book Value Ratio is likely to grow to 6.04, while Price Earnings To Growth Ratio is likely to drop (0.20). Monogram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Monogram |
Sharpe Ratio = -0.0629
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Estimated Market Risk
| 3.98 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Monogram Orthopaedics 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 Monogram Orthopaedics by adding Monogram Orthopaedics to a well-diversified portfolio.
Price Book 5.2426 | Enterprise Value Ebitda (5.10) | Price Sales 250.0575 | Shares Float 22.3 M | Wall Street Target Price 5 |
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Monogram Orthopaedics Valuation on December 4, 2024
It is possible to determine the worth of Monogram Orthopaedics on a given historical date. On December 4, 2024 Monogram was worth 2.34 at the beginning of the trading date compared to the closed value of 2.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monogram Orthopaedics stock. Still, in general, we apply an absolute valuation method to find Monogram Orthopaedics' 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 Monogram Orthopaedics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monogram Orthopaedics' related companies.
| Open | High | Low | Close | Volume | |
| 2.13 | 2.38 | 2.13 | 2.33 | 177,409 | |
12/04/2024 | 2.34 | 2.36 | 2.17 | 2.36 | 105,509 |
| 2.36 | 2.37 | 2.13 | 2.20 | 79,183 |
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Monogram Orthopaedics Trading Date Momentum on December 4, 2024
| On December 05 2024 Monogram Orthopaedics Common was traded for 2.20 at the closing time. The top price for the day was 2.37 and the lowest listed price was 2.13 . The trading volume for the day was 79.2 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.78% . The trading delta at closing time against the current closing price is 12.71% . |
Monogram Orthopaedics Fundamentals Correlations and Trends
By evaluating Monogram Orthopaedics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Monogram Orthopaedics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Monogram financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Monogram Orthopaedics Stock history
Monogram Orthopaedics 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 Monogram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monogram Orthopaedics 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 Monogram Orthopaedics stock prices may prove useful in developing a viable investing in Monogram Orthopaedics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.4 M | 23 M | |
| Net Loss | -12.3 M | -12.9 M |
Monogram Orthopaedics Stock Technical Analysis
Monogram Orthopaedics 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
Monogram Orthopaedics Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Monogram Orthopaedics Common cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Monogram Orthopaedics December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Monogram Orthopaedics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monogram Orthopaedics shares will generate the highest return on investment. By undertsting and applying Monogram Orthopaedics stock market strength indicators, traders can identify Monogram Orthopaedics Common entry and exit signals to maximize returns
Monogram Orthopaedics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Monogram Orthopaedics' price direction in advance. Along with the technical and fundamental analysis of Monogram Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monogram 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 | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 0.8984 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monogram Orthopaedics Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Health Care Equipment & Supplies space 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 Monogram Orthopaedics. If investors know Monogram 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 Monogram Orthopaedics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 0.012 | Return On Assets (0.61) | Return On Equity (1.22) |
The market value of Monogram Orthopaedics is measured differently than its book value, which is the value of Monogram that is recorded on the company's balance sheet. Investors also form their own opinion of Monogram Orthopaedics' value that differs from its market value or its book value, called intrinsic value, which is Monogram Orthopaedics' 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 Monogram Orthopaedics' market value can be influenced by many factors that don't directly affect Monogram Orthopaedics' 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 Monogram Orthopaedics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Monogram Orthopaedics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monogram Orthopaedics' 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.