ONWARD MEDICAL (Germany) Performance
| 63E Stock | 5.40 0.10 1.82% |
On a scale of 0 to 100, ONWARD MEDICAL holds a performance score of 8. The company holds a Beta of 0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ONWARD MEDICAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding ONWARD MEDICAL is expected to be smaller as well. Please check ONWARD MEDICAL's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether ONWARD MEDICAL's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ONWARD MEDICAL BV are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, ONWARD MEDICAL reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ONWARD |
ONWARD MEDICAL Relative Risk vs. Return Landscape
If you would invest 442.00 in ONWARD MEDICAL BV on November 29, 2024 and sell it today you would earn a total of 108.00 from holding ONWARD MEDICAL BV or generate 24.43% return on investment over 90 days. ONWARD MEDICAL BV is currently producing 0.4665% returns and takes up 4.4308% volatility of returns over 90 trading days. Put another way, 39% of traded stocks are less volatile than ONWARD, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ONWARD MEDICAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ONWARD MEDICAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ONWARD MEDICAL BV, and traders can use it to determine the average amount a ONWARD MEDICAL's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1053
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Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average ONWARD MEDICAL is performing at about 8% 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 ONWARD MEDICAL by adding it to a well-diversified portfolio.
ONWARD MEDICAL Fundamentals Growth
ONWARD Stock prices reflect investors' perceptions of the future prospects and financial health of ONWARD MEDICAL, and ONWARD MEDICAL fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ONWARD Stock performance.
| Return On Equity | -2.89 | |||
| Return On Asset | -0.34 | |||
| Operating Margin | (19.04) % | |||
| Revenue | 1.78 M | |||
| EBITDA | (33.44 M) | |||
| Book Value Per Share | 2.28 X | |||
| Earnings Per Share | (3.62) X | |||
About ONWARD MEDICAL Performance
By analyzing ONWARD MEDICAL's fundamental ratios, stakeholders can gain valuable insights into ONWARD MEDICAL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ONWARD MEDICAL has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ONWARD MEDICAL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about ONWARD MEDICAL BV performance evaluation
Checking the ongoing alerts about ONWARD MEDICAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ONWARD MEDICAL BV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ONWARD MEDICAL BV had very high historical volatility over the last 90 days | |
| ONWARD MEDICAL BV has high likelihood to experience some financial distress in the next 2 years | |
| About 41.0% of the company shares are owned by insiders or employees |
- Analyzing ONWARD MEDICAL's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ONWARD MEDICAL's stock is overvalued or undervalued compared to its peers.
- Examining ONWARD MEDICAL's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ONWARD MEDICAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ONWARD MEDICAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ONWARD MEDICAL's stock. These opinions can provide insight into ONWARD MEDICAL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ONWARD Stock analysis
When running ONWARD MEDICAL's price analysis, check to measure ONWARD 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 ONWARD MEDICAL is operating at the current time. Most of ONWARD MEDICAL's value examination focuses on studying past and present price action to predict the probability of ONWARD 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 ONWARD MEDICAL's price. Additionally, you may evaluate how the addition of ONWARD MEDICAL to your portfolios can decrease your overall portfolio volatility.
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