Assure Holdings Corp Performance
| IONMDelisted Stock | USD 0.68 0.08 13.33% |
The firm shows a Beta (market volatility) of 7.01, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Assure Holdings will likely underperform. Assure Holdings Corp right now shows a risk of 0.0%. Please confirm Assure Holdings Corp treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Assure Holdings Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Assure Holdings Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Assure Holdings is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 905 K |
Assure |
Assure Holdings Relative Risk vs. Return Landscape
If you would invest 68.00 in Assure Holdings Corp on September 24, 2024 and sell it today you would earn a total of 0.00 from holding Assure Holdings Corp or generate 0.0% return on investment over 90 days. Assure Holdings Corp is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Assure, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Assure Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assure Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Assure Holdings Corp, and traders can use it to determine the average amount a Assure Holdings' 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 = 0.0
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Based on monthly moving average Assure Holdings 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 Assure Holdings by adding Assure Holdings to a well-diversified portfolio.
Assure Holdings Fundamentals Growth
Assure Stock prices reflect investors' perceptions of the future prospects and financial health of Assure Holdings, and Assure Holdings 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 Assure Stock performance.
| Return On Equity | -3.43 | ||||
| Return On Asset | -1.01 | ||||
| Operating Margin | (486.33) % | ||||
| Current Valuation | 15.58 M | ||||
| Shares Outstanding | 589.02 K | ||||
| Price To Book | 0.24 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 255 K | ||||
| EBITDA | (27.37 M) | ||||
| Cash And Equivalents | 792 K | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 14.8 M | ||||
| Debt To Equity | 0.64 % | ||||
| Book Value Per Share | (40.23) X | ||||
| Cash Flow From Operations | (4.94 M) | ||||
| Earnings Per Share | (41.40) X | ||||
| Total Asset | 7.51 M | ||||
| Retained Earnings | (70.63 M) | ||||
About Assure Holdings Performance
By examining Assure Holdings' fundamental ratios, stakeholders can obtain critical insights into Assure Holdings' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Assure Holdings is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services primarily associated with spine and head surgeries. The company has operations in Arizona, Colorado, Kansas, Louisiana, Michigan, Missouri, Nebraska, Nevada, Pennsylvania, South Carolina, Texas, and Utah, the United States. Assure Holdings operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 134 people.Things to note about Assure Holdings Corp performance evaluation
Checking the ongoing alerts about Assure Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Assure Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Assure Holdings Corp is not yet fully synchronised with the market data | |
| Assure Holdings Corp has some characteristics of a very speculative penny stock | |
| Assure Holdings Corp has a very high chance of going through financial distress in the upcoming years | |
| Assure Holdings Corphas 2,913,134 shares shorted by Assure Holdings investors is about 400% of outstending shares | |
| The company reported the previous year's revenue of 255 K. Net Loss for the year was (21.45 M) with profit before overhead, payroll, taxes, and interest of 14.87 M. | |
| Assure Holdings Corp currently holds about 792 K in cash with (4.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 24.0% of the company shares are held by company insiders |
- Analyzing Assure Holdings' 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 Assure Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Assure Holdings' 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 Assure Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Assure Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Assure Holdings' stock. These opinions can provide insight into Assure Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Assure Stock
If you are still planning to invest in Assure Holdings Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Assure Holdings' history and understand the potential risks before investing.
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