Heartbeam Stock Performance
| BEAT Stock | USD 2.85 0.05 1.79% |
On a scale of 0 to 100, Heartbeam holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 1.12, which attests to a somewhat significant risk relative to the market. Heartbeam returns are very sensitive to returns on the market. As the market goes up or down, Heartbeam is expected to follow. Please check Heartbeam's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Heartbeam's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Heartbeam are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Heartbeam unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.79 | Year To Date Return 22.32 | Ten Year Return (71.04) | All Time Return (83.90) |
1 | Disposition of 1674 shares by De Urioste George of Heartbeam at 2.34 subject to Rule 16b-3 | 09/06/2024 |
2 | Insider Trading | 09/09/2024 |
3 | Heres Why Were Watching HeartBeams Cash Burn Situation | 09/19/2024 |
4 | HeartBeam Named Rising Star at the 6th Annual Digital Health Hub Foundation Awards | 10/24/2024 |
5 | HeartBeam to Host Third Quarter 2024 Results Conference Call on Thursday, November 7, 2024 at 430 p.m. Eastern Time | 10/31/2024 |
6 | The Nursing Beat Secures Equity Funding to Amplify Nurses Voices and Transform Healthcare News | 11/07/2024 |
7 | Disposition of 5000 shares by De Urioste George of Heartbeam at 2.46 subject to Rule 16b-3 | 11/08/2024 |
8 | HeartBeam Announces Positive Data from Two Studies at Prestigious American Heart Association Conference | 11/19/2024 |
9 | Personal Care Stocks Q3 In Review BeautyHealth Vs Peers | 11/26/2024 |
| Begin Period Cash Flow | 3.6 M |
Heartbeam |
Heartbeam Relative Risk vs. Return Landscape
If you would invest 229.00 in Heartbeam on August 31, 2024 and sell it today you would earn a total of 56.00 from holding Heartbeam or generate 24.45% return on investment over 90 days. Heartbeam is currently generating 0.4498% in daily expected returns and assumes 4.611% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of stocks are less volatile than Heartbeam, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Heartbeam Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heartbeam's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Heartbeam, and traders can use it to determine the average amount a Heartbeam'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 = 0.0975
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Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Heartbeam is performing at about 7% of its full potential. 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 Heartbeam by adding it to a well-diversified portfolio.
Heartbeam Fundamentals Growth
Heartbeam Stock prices reflect investors' perceptions of the future prospects and financial health of Heartbeam, and Heartbeam 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 Heartbeam Stock performance.
| Return On Equity | -1.14 | ||||
| Return On Asset | -0.7 | ||||
| Current Valuation | 70.23 M | ||||
| Shares Outstanding | 26.67 M | ||||
| Price To Earning | 149.92 X | ||||
| Price To Book | 15.83 X | ||||
| EBITDA | 675 K | ||||
| Net Income | (14.64 M) | ||||
| Cash And Equivalents | 9.27 M | ||||
| Cash Per Share | 1.16 X | ||||
| Total Debt | 1.19 M | ||||
| Debt To Equity | 0.52 % | ||||
| Current Ratio | 12.65 X | ||||
| Book Value Per Share | 0.60 X | ||||
| Cash Flow From Operations | (12.09 M) | ||||
| Earnings Per Share | (0.68) X | ||||
| Market Capitalization | 76 M | ||||
| Total Asset | 17.13 M | ||||
| Retained Earnings | (36.83 M) | ||||
| Working Capital | 15.63 M | ||||
| Current Asset | 47.05 M | ||||
| Current Liabilities | 23.89 M | ||||
About Heartbeam Performance
Assessing Heartbeam's fundamental ratios provides investors with valuable insights into Heartbeam's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Heartbeam is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 16.15 | 13.47 | |
| Return On Tangible Assets | (0.85) | (0.90) | |
| Return On Capital Employed | (0.96) | (0.91) | |
| Return On Assets | (0.85) | (0.90) | |
| Return On Equity | (0.92) | (0.87) |
Things to note about Heartbeam performance evaluation
Checking the ongoing alerts about Heartbeam for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Heartbeam help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Heartbeam had very high historical volatility over the last 90 days | |
| Net Loss for the year was (14.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Heartbeam currently holds about 9.27 M in cash with (12.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Personal Care Stocks Q3 In Review BeautyHealth Vs Peers |
- Analyzing Heartbeam'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 Heartbeam's stock is overvalued or undervalued compared to its peers.
- Examining Heartbeam'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 Heartbeam's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heartbeam's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heartbeam's stock. These opinions can provide insight into Heartbeam's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Heartbeam Stock Analysis
When running Heartbeam's price analysis, check to measure Heartbeam'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 Heartbeam is operating at the current time. Most of Heartbeam's value examination focuses on studying past and present price action to predict the probability of Heartbeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam's price. Additionally, you may evaluate how the addition of Heartbeam to your portfolios can decrease your overall portfolio volatility.