Orthofix Medical Stock Price on May 14, 2024
| OFIX Stock | USD 19.53 0.40 2.09% |
Below is the normalized historical share price chart for Orthofix Medical extending back to May 18, 1992. 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 Orthofix Medical stands at 19.53, as last reported on the 30th of November, with the highest price reaching 19.53 and the lowest price hitting 19.15 during the day.
If you're considering investing in Orthofix Stock, it is important to understand the factors that can impact its price. Orthofix Medical appears to be not too volatile, given 3 months investment horizon. Orthofix Medical maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orthofix Medical, which you can use to evaluate the volatility of the company. Please evaluate Orthofix Medical's Risk Adjusted Performance of 0.0762, coefficient of variation of 1101.92, and Semi Deviation of 2.06 to confirm if our risk estimates are consistent with your expectations.
At this time, Orthofix Medical's Common Stock Shares Outstanding is fairly stable compared to the past year. Total Stockholder Equity is likely to rise to about 628.7 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 1.9 M in 2024. . Price To Sales Ratio is likely to drop to 0.63 in 2024. Price Earnings Ratio is likely to drop to -3.43 in 2024. Orthofix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of April 1992 | 200 Day MA 15.1452 | 50 Day MA 16.799 | Beta 1.053 |
Orthofix |
Sharpe Ratio = 0.1152
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Orthofix Medical is performing at about 9% 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 Orthofix Medical by adding it to a well-diversified portfolio.
Price Book 1.39 | Enterprise Value Ebitda 34.5296 | Price Sales 0.9516 | Shares Float 37.1 M | Wall Street Target Price 24.4 |
Orthofix Medical Valuation on May 14, 2024
It is possible to determine the worth of Orthofix Medical on a given historical date. On May 14, 2024 Orthofix was worth 15.16 at the beginning of the trading date compared to the closed value of 15.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orthofix Medical stock. Still, in general, we apply an absolute valuation method to find Orthofix Medical'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 Orthofix Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orthofix Medical's related companies.
| Open | High | Low | Close | Volume | |
| 14.79 | 15.10 | 14.61 | 15.08 | 290,941 | |
05/14/2024 | 15.16 | 15.60 | 14.99 | 15.13 | 358,856 |
| 15.40 | 15.51 | 15.28 | 15.37 | 220,394 |
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Orthofix Medical Trading Date Momentum on May 14, 2024
| On May 15 2024 Orthofix Medical was traded for 15.37 at the closing time. The top price for the day was 15.51 and the lowest listed price was 15.28 . The trading volume for the day was 220.4 K. The trading history from May 15, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.59% . The trading delta at closing time against the current closing price is 1.39% . |
Orthofix Medical Fundamentals Correlations and Trends
By evaluating Orthofix Medical'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 Orthofix Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orthofix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orthofix Medical Stock history
Orthofix Medical 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 Orthofix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orthofix Medical 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 Orthofix Medical stock prices may prove useful in developing a viable investing in Orthofix Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 36.7 M | 38.6 M | |
| Net Loss | -17.8 M | -16.9 M |
Orthofix Medical Quarterly Net Working Capital |
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Orthofix Medical Stock Technical Analysis
Orthofix Medical 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
Orthofix Medical Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Orthofix Medical 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.
Orthofix Medical November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Orthofix Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orthofix Medical shares will generate the highest return on investment. By undertsting and applying Orthofix Medical stock market strength indicators, traders can identify Orthofix Medical entry and exit signals to maximize returns
Orthofix Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orthofix Medical's price direction in advance. Along with the technical and fundamental analysis of Orthofix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orthofix 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 | 0.0762 | |||
| Jensen Alpha | 0.0348 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.036 | |||
| Treynor Ratio | 0.1536 |
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Additional Tools for Orthofix Stock Analysis
When running Orthofix Medical's price analysis, check to measure Orthofix 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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix 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 Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.