Sofwave Medical (Israel) Performance
| SOFW Stock | 1,719 17.00 1.00% |
The entity has a beta of -0.005, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sofwave Medical are expected to decrease at a much lower rate. During the bear market, Sofwave Medical is likely to outperform the market. At this point, Sofwave Medical has a negative expected return of -0.0319%. Please make sure to validate Sofwave Medical's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Sofwave Medical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Sofwave Medical has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Sofwave Medical is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Sofwave |
Sofwave Medical Relative Risk vs. Return Landscape
If you would invest 177,700 in Sofwave Medical on September 1, 2024 and sell it today you would lose (5,800) from holding Sofwave Medical or give up 3.26% of portfolio value over 90 days. Sofwave Medical is generating negative expected returns and assumes 2.7927% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Sofwave, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sofwave Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sofwave Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sofwave Medical, and traders can use it to determine the average amount a Sofwave 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 = -0.0114
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SOFW |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sofwave Medical 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 Sofwave Medical by adding Sofwave Medical to a well-diversified portfolio.
Sofwave Medical Fundamentals Growth
Sofwave Stock prices reflect investors' perceptions of the future prospects and financial health of Sofwave Medical, and Sofwave 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 Sofwave Stock performance.
| Return On Equity | -0.35 | |||
| Return On Asset | -0.18 | |||
| Profit Margin | (0.61) % | |||
| Operating Margin | (0.62) % | |||
| Current Valuation | 174.37 M | |||
| Shares Outstanding | 34.15 M | |||
| Price To Book | 2.19 X | |||
| Price To Sales | 10.41 X | |||
| Revenue | 25.33 M | |||
| EBITDA | (15.14 M) | |||
| Book Value Per Share | 1.12 X | |||
| Earnings Per Share | (0.29) X | |||
About Sofwave Medical Performance
By analyzing Sofwave Medical's fundamental ratios, stakeholders can gain valuable insights into Sofwave Medical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sofwave 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 Sofwave 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 Sofwave Medical performance evaluation
Checking the ongoing alerts about Sofwave Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sofwave Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sofwave Medical generated a negative expected return over the last 90 days | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Sofwave 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 Sofwave Medical's stock is overvalued or undervalued compared to its peers.
- Examining Sofwave 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 Sofwave Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sofwave Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sofwave Medical's stock. These opinions can provide insight into Sofwave Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sofwave Stock analysis
When running Sofwave Medical's price analysis, check to measure Sofwave 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 Sofwave Medical is operating at the current time. Most of Sofwave Medical's value examination focuses on studying past and present price action to predict the probability of Sofwave 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 Sofwave Medical's price. Additionally, you may evaluate how the addition of Sofwave Medical to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |