Tenon Medical Stock Annual Yield

TNON Stock  USD 1.84  0.08  4.17%   
Tenon Medical fundamentals help investors to digest information that contributes to Tenon Medical's financial success or failures. It also enables traders to predict the movement of Tenon Stock. The fundamental analysis module provides a way to measure Tenon Medical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tenon Medical stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tenon Medical Company Annual Yield Analysis

Tenon Medical's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Yield

 = 

Income from Security

Current Share Price

More About Annual Yield | All Equity Analysis

Tenon Annual Yield Driver Correlations

Understanding the fundamental principles of building solid financial models for Tenon Medical is extremely important. It helps to project a fair market value of Tenon Stock properly, considering its historical fundamentals such as Annual Yield. Since Tenon Medical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tenon Medical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tenon Medical's interrelated accounts and indicators.
-0.060.170.31-0.80.240.610.670.990.520.7-0.380.210.610.920.720.430.69
-0.060.92-0.96-0.27-0.010.34-0.76-0.08-0.870.58-0.26-0.970.640.00.490.780.48
0.170.92-0.86-0.6-0.110.68-0.520.12-0.70.58-0.59-0.920.870.330.760.960.73
0.31-0.96-0.860.10.03-0.230.880.330.97-0.330.220.99-0.490.19-0.32-0.67-0.32
-0.8-0.27-0.60.10.08-0.96-0.37-0.74-0.15-0.580.80.23-0.91-0.95-0.97-0.8-0.94
0.24-0.01-0.110.030.08-0.290.060.270.030.330.410.09-0.06-0.01-0.07-0.09-0.01
0.610.340.68-0.23-0.96-0.290.230.540.010.42-0.91-0.350.910.850.950.840.9
0.67-0.76-0.520.88-0.370.060.230.680.96-0.01-0.190.81-0.030.630.16-0.240.11
0.99-0.080.120.33-0.740.270.540.680.540.72-0.320.250.550.880.660.370.62
0.52-0.87-0.70.97-0.150.030.010.960.54-0.160.030.93-0.260.44-0.07-0.46-0.08
0.70.580.58-0.33-0.580.330.42-0.010.72-0.16-0.18-0.380.70.550.670.660.64
-0.38-0.26-0.590.220.80.41-0.91-0.19-0.320.03-0.180.34-0.76-0.69-0.8-0.72-0.65
0.21-0.97-0.920.990.230.09-0.350.810.250.93-0.380.34-0.60.07-0.44-0.76-0.43
0.610.640.87-0.49-0.91-0.060.91-0.030.55-0.260.7-0.76-0.60.760.980.980.94
0.920.00.330.19-0.95-0.010.850.630.880.440.55-0.690.070.760.860.590.82
0.720.490.76-0.32-0.97-0.070.950.160.66-0.070.67-0.8-0.440.980.860.920.95
0.430.780.96-0.67-0.8-0.090.84-0.240.37-0.460.66-0.72-0.760.980.590.920.88
0.690.480.73-0.32-0.94-0.010.90.110.62-0.080.64-0.65-0.430.940.820.950.88
Click cells to compare fundamentals
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition

In accordance with the recently published financial statements, Tenon Medical has an Annual Yield of 0.0%. This indicator is about the same for the Health Care Equipment & Supplies average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Did you try this?

Run Commodity Channel Now

   

Commodity Channel

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

Tenon Fundamentals

About Tenon Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tenon Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenon Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenon Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Tenon Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tenon Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tenon Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tenon Stock

  0.64CI Cigna CorpPairCorr

Moving against Tenon Stock

  0.9ELMD ElectromedPairCorr
  0.83VREX Varex Imaging CorpPairCorr
  0.82GH Guardant HealthPairCorr
  0.82OM Outset MedicalPairCorr
  0.82DXCM DexCom IncPairCorr
The ability to find closely correlated positions to Tenon Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tenon Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tenon Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tenon Medical to buy it.
The correlation of Tenon Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tenon Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tenon Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tenon Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tenon Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenon Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenon Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenon Medical Stock:
Check out Tenon Medical Piotroski F Score and Tenon Medical Altman Z Score analysis.
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
9.442
Quarterly Revenue Growth
0.213
Return On Assets
(1.10)
Return On Equity
(15.99)
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.