Tenon Medical Stock Performance
| TNON Stock | USD 0.99 0.05 4.81% |
The entity has a beta of -0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tenon Medical are expected to decrease at a much lower rate. During the bear market, Tenon Medical is likely to outperform the market. At this point, Tenon Medical has a negative expected return of -0.9%. Please make sure to validate Tenon Medical's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Tenon Medical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Tenon Medical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Last Split Factor 1:8 | Last Split Date 2024-09-06 |
1 | Tenon Medical stock hits 52-week low at 1.63 amid sharp annual decline - Investing.com | 01/27/2025 |
2 | Tenon Medical stock hits 52-week low at 1.34 amid sharp decline - Investing.com | 02/24/2025 |
3 | Tenon Medical Inc expected to post a loss of 2.54 a share - Earnings Preview - TradingView | 03/07/2025 |
4 | Whats Going On With Tenon Medical Stock Tuesday | 03/11/2025 |
5 | Tenon Medical stock hits 52-week low at 1.12 amid sharp decline - Investing.com | 03/12/2025 |
| Begin Period Cash Flow | 2.1 M |
Tenon |
Tenon Medical Relative Risk vs. Return Landscape
If you would invest 191.00 in Tenon Medical on December 17, 2024 and sell it today you would lose (92.40) from holding Tenon Medical or give up 48.38% of portfolio value over 90 days. Tenon Medical is currently does not generate positive expected returns and assumes 5.9807% risk (volatility on return distribution) over the 90 days horizon. In different words, 53% of stocks are less volatile than Tenon, 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 |
Tenon Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tenon Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tenon Medical, and traders can use it to determine the average amount a Tenon 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 = -0.1497
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| Negative Returns | TNON |
Estimated Market Risk
| 5.98 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tenon 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 Tenon Medical by adding Tenon Medical to a well-diversified portfolio.
Tenon Medical Fundamentals Growth
Tenon Stock prices reflect investors' perceptions of the future prospects and financial health of Tenon Medical, and Tenon 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 Tenon Stock performance.
| Return On Equity | -2.56 | ||||
| Return On Asset | -0.84 | ||||
| Operating Margin | (3.62) % | ||||
| Current Valuation | (1.82 M) | ||||
| Shares Outstanding | 3.14 M | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 0.93 X | ||||
| Revenue | 2.93 M | ||||
| Gross Profit | 1.92 M | ||||
| EBITDA | (15.53 M) | ||||
| Net Income | (15.58 M) | ||||
| Cash And Equivalents | 16.02 M | ||||
| Cash Per Share | 1.42 X | ||||
| Total Debt | 1.86 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 7.54 X | ||||
| Book Value Per Share | 1.42 X | ||||
| Cash Flow From Operations | (12.18 M) | ||||
| Earnings Per Share | 287.92 X | ||||
| Market Capitalization | 3.09 M | ||||
| Total Asset | 6.34 M | ||||
| Retained Earnings | (55.07 M) | ||||
| Working Capital | 6.82 M | ||||
About Tenon Medical Performance
By examining Tenon Medical's fundamental ratios, stakeholders can obtain critical insights into Tenon Medical's 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 Tenon Medical 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 137.84 | 130.95 | |
| Return On Tangible Assets | (2.82) | (2.97) | |
| Return On Capital Employed | (5.64) | (5.36) | |
| Return On Assets | (2.82) | (2.97) | |
| Return On Equity | (23.03) | (21.88) |
Things to note about Tenon Medical performance evaluation
Checking the ongoing alerts about Tenon Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tenon Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tenon Medical generated a negative expected return over the last 90 days | |
| Tenon Medical has high historical volatility and very poor performance | |
| Tenon Medical has some characteristics of a very speculative penny stock | |
| Tenon Medical has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 2.93 M. Net Loss for the year was (15.58 M) with profit before overhead, payroll, taxes, and interest of 1.92 M. | |
| Tenon Medical currently holds about 16.02 M in cash with (12.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Tenon Medical has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Tenon Medical stock hits 52-week low at 1.12 amid sharp decline - Investing.com |
- Analyzing Tenon 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 Tenon Medical's stock is overvalued or undervalued compared to its peers.
- Examining Tenon 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 Tenon Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tenon Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tenon Medical's stock. These opinions can provide insight into Tenon Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenon Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenon Medical. If investors know Tenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 287.92 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets | Return On Equity |
The market value of Tenon Medical is measured differently than its book value, which is the value of Tenon that is recorded on the company's balance sheet. Investors also form their own opinion of Tenon Medical's value that differs from its market value or its book value, called intrinsic value, which is Tenon Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenon Medical's market value can be influenced by many factors that don't directly affect Tenon Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenon Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.