Surmodics Stock Price on June 3, 2024
| SRDX Stock | USD 39.75 0.16 0.40% |
Below is the normalized historical share price chart for SurModics extending back to March 04, 1998. 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 SurModics stands at 39.75, as last reported on the 20th of December, with the highest price reaching 40.17 and the lowest price hitting 39.55 during the day.
If you're considering investing in SurModics Stock, it is important to understand the factors that can impact its price. At this stage we consider SurModics Stock to be very steady. SurModics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0296, which indicates the firm had a 0.0296% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SurModics, which you can use to evaluate the volatility of the company. Please validate SurModics' Semi Deviation of 0.4887, risk adjusted performance of 0.0168, and Coefficient Of Variation of 3961.54 to confirm if the risk estimate we provide is consistent with the expected return of 0.018%.
At this time, SurModics' Other Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to rise to about 762 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 116.6 M in 2024. . At this time, SurModics' Price Book Value Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 2,324 in 2024, whereas Price To Sales Ratio is likely to drop 4.14 in 2024. SurModics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of March 1998 | 200 Day MA 37.0913 | 50 Day MA 38.8896 | Beta 1.202 |
SurModics |
Sharpe Ratio = 0.0296
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SurModics is performing at about 2% 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 SurModics by adding it to a well-diversified portfolio.
Price Book 4.8088 | Enterprise Value Ebitda 119.4756 | Price Sales 4.5167 | Shares Float 11.3 M | Wall Street Target Price 43 |
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SurModics Valuation on June 3, 2024
It is possible to determine the worth of SurModics on a given historical date. On June 3, 2024 SurModics was worth 42.09 at the beginning of the trading date compared to the closed value of 42.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SurModics stock. Still, in general, we apply an absolute valuation method to find SurModics' 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 SurModics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SurModics' related companies.
| Open | High | Low | Close | Volume | |
| 42.08 | 42.16 | 42.00 | 42.06 | 706,693 | |
06/03/2024 | 42.09 | 42.15 | 42.01 | 42.05 | 768,826 |
| 42.06 | 42.08 | 41.86 | 41.97 | 748,055 |
| Backtest SurModics | | | SurModics History | | | SurModics Valuation | Previous | Next |
SurModics Trading Date Momentum on June 3, 2024
| On June 04 2024 SurModics was traded for 41.97 at the closing time. The top price for the day was 42.08 and the lowest listed price was 41.86 . The trading volume for the day was 748.1 K. The trading history from June 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.19% . The trading price change against the current closing price is 0.31% . |
SurModics Fundamentals Correlations and Trends
By evaluating SurModics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SurModics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SurModics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SurModics Stock history
SurModics 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 SurModics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SurModics 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 SurModics stock prices may prove useful in developing a viable investing in SurModics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.2 M | 13.6 M | |
| Net Loss | -24.5 M | -23.3 M |
SurModics Quarterly Net Working Capital |
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SurModics Stock Technical Analysis
SurModics 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
SurModics Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
SurModics 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.
SurModics December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how SurModics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SurModics shares will generate the highest return on investment. By undertsting and applying SurModics stock market strength indicators, traders can identify SurModics entry and exit signals to maximize returns
SurModics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SurModics' price direction in advance. Along with the technical and fundamental analysis of SurModics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SurModics 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 | 0.0168 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0175 |
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Additional Tools for SurModics Stock Analysis
When running SurModics' price analysis, check to measure SurModics' 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 SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.