Work Medical Technology Stock Performance
| WOK Stock | 4.30 0.11 2.49% |
The firm maintains a market beta of 0.054, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WORK Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding WORK Medical is expected to be smaller as well. At this point, WORK Medical Technology has a negative expected return of -0.16%. Please make sure to check out WORK Medical's downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if WORK Medical Technology performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days WORK Medical Technology has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest abnormal performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return (2.27) | Five Day Return (6.11) | Year To Date Return (10.79) | Ten Year Return 19.44 | All Time Return 19.44 |
1 | WORK Medical Technology Group LTDs Subsidiary, Hangzhou Shanyou, Showcases Products at MEDICA ... | 11/27/2024 |
WORK |
WORK Medical Relative Risk vs. Return Landscape
If you would invest 537.00 in WORK Medical Technology on October 9, 2024 and sell it today you would lose (107.00) from holding WORK Medical Technology or give up 19.93% of portfolio value over 90 days. WORK Medical Technology is generating negative expected returns assuming volatility of 6.2882% on return distribution over 90 days investment horizon. In other words, 55% of stocks are less volatile than WORK, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
WORK Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WORK Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WORK Medical Technology, and traders can use it to determine the average amount a WORK 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 = -0.0261
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| Negative Returns | WOK |
Estimated Market Risk
| 6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WORK 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 WORK Medical by adding WORK Medical to a well-diversified portfolio.
WORK Medical Fundamentals Growth
WORK Stock prices reflect investors' perceptions of the future prospects and financial health of WORK Medical, and WORK 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 WORK Stock performance.
| Total Debt | 8.84 M | ||||
| Total Asset | 29.96 M | ||||
| Retained Earnings | 9.58 M | ||||
About WORK Medical Performance
By examining WORK Medical's fundamental ratios, stakeholders can obtain critical insights into WORK 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 WORK 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.
WORK Medical is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about WORK Medical Technology performance evaluation
Checking the ongoing alerts about WORK Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WORK Medical Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| WORK Medical generated a negative expected return over the last 90 days | |
| WORK Medical has high historical volatility and very poor performance | |
| WORK Medical has a poor financial position based on the latest SEC disclosures |
- Analyzing WORK 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 WORK Medical's stock is overvalued or undervalued compared to its peers.
- Examining WORK 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 WORK Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WORK Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WORK Medical's stock. These opinions can provide insight into WORK Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WORK Medical Technology. 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. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK 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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK 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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK 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.