908 Devices Stock Performance
| MASS Stock | USD 4.21 0.08 1.86% |
908 Devices holds a performance score of 10 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.98, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning 908 Devices are expected to decrease slowly. On the other hand, during market turmoil, 908 Devices is expected to outperform it slightly. Use 908 Devices value at risk, and the relationship between the standard deviation and kurtosis , to analyze future returns on 908 Devices.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in 908 Devices are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, 908 Devices unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.12) | Five Day Return (2.50) | Year To Date Return 95.89 | Ten Year Return (91.24) | All Time Return (91.24) |
1 | Disposition of 7777 shares by Hrusovsky E Kevin of 908 Devices subject to Rule 16b-3 | 12/20/2024 |
2 | Disposition of 5027 shares by Christopher Brown of 908 Devices subject to Rule 16b-3 | 01/31/2025 |
3 | Disposition of 3641 shares by Christopher Brown of 908 Devices at 2.3349 subject to Rule 16b-3 | 02/03/2025 |
4 | Catherine Woods Strategic Reduction in 908 Devices Inc An In-Depth Analysis | 02/14/2025 |
5 | 2seventy bio to Participate in the 2025 TD Cowen Healthcare Conference | 02/25/2025 |
6 | ARKEMA OBTAINS MASS BALANCE ISCC PLUS CERTIFICATION FOR ADVANCED LIQUID RESINS PRODUCTION FACILITY IN PASIR GUDANG | 02/27/2025 |
7 | Disposition of 2058 shares by Hunt Anthony of 908 Devices subject to Rule 16b-3 | 02/28/2025 |
8 | Acquisition by Turner Michael S. of 57111 shares of 908 Devices at 1.98 subject to Rule 16b-3 | 03/03/2025 |
9 | 908 Devices Strategic Shift Desktop Sale To Repligen Optimizes Future Growth | 03/04/2025 |
10 | 908 Devices Inc Q4 2024 Earnings Call Highlights Strong Revenue Growth Amid Strategic ... | 03/05/2025 |
11 | March 2025 Penny Stocks To Watch And Analyze | 03/07/2025 |
12 | 908 Devices Receives 1.7M Order from the Ministry of Health of Ukraine for its Handheld Mass Spec Device | 03/11/2025 |
| Begin Period Cash Flow | 121.2 M |
908 |
908 Devices Relative Risk vs. Return Landscape
If you would invest 206.00 in 908 Devices on December 20, 2024 and sell it today you would earn a total of 215.00 from holding 908 Devices or generate 104.37% return on investment over 90 days. 908 Devices is currently generating 2.1195% in daily expected returns and assumes 15.8429% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than 908, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
908 Devices Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 908 Devices' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 908 Devices, and traders can use it to determine the average amount a 908 Devices' 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 = 0.1338
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Estimated Market Risk
| 15.84 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.12 actual daily | 42 58% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average 908 Devices is performing at about 10% 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 908 Devices by adding it to a well-diversified portfolio.
908 Devices Fundamentals Growth
908 Stock prices reflect investors' perceptions of the future prospects and financial health of 908 Devices, and 908 Devices 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 908 Stock performance.
| Return On Equity | -0.52 | ||||
| Return On Asset | -0.17 | ||||
| Profit Margin | (1.21) % | ||||
| Operating Margin | (0.56) % | ||||
| Current Valuation | 99.17 M | ||||
| Shares Outstanding | 35.33 M | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 2.54 X | ||||
| Revenue | 59.63 M | ||||
| Gross Profit | 29.93 M | ||||
| EBITDA | (67.81 M) | ||||
| Net Income | (72.21 M) | ||||
| Cash And Equivalents | 212.99 M | ||||
| Cash Per Share | 6.74 X | ||||
| Total Debt | 6.61 M | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 15.46 X | ||||
| Book Value Per Share | 3.27 X | ||||
| Cash Flow From Operations | (30.25 M) | ||||
| Earnings Per Share | (2.12) X | ||||
| Market Capitalization | 151.57 M | ||||
| Total Asset | 159.48 M | ||||
| Retained Earnings | (242.81 M) | ||||
| Working Capital | 77.91 M | ||||
About 908 Devices Performance
Assessing 908 Devices' fundamental ratios provides investors with valuable insights into 908 Devices' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the 908 Devices 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 | 198.26 | 143.50 | |
| Return On Tangible Assets | (0.63) | (0.60) | |
| Return On Capital Employed | (0.57) | (0.54) | |
| Return On Assets | (0.45) | (0.48) | |
| Return On Equity | (0.63) | (0.60) |
Things to note about 908 Devices performance evaluation
Checking the ongoing alerts about 908 Devices for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 908 Devices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 908 Devices is way too risky over 90 days horizon | |
| 908 Devices appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 59.63 M. Net Loss for the year was (72.21 M) with profit before overhead, payroll, taxes, and interest of 29.93 M. | |
| 908 Devices currently holds about 212.99 M in cash with (30.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 64.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: 908 Devices Receives 1.7M Order from the Ministry of Health of Ukraine for its Handheld Mass Spec Device |
- Analyzing 908 Devices' 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 908 Devices' stock is overvalued or undervalued compared to its peers.
- Examining 908 Devices' 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 908 Devices' management team can have a significant impact on its success or failure. Reviewing the track record and experience of 908 Devices' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 908 Devices' stock. These opinions can provide insight into 908 Devices' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for 908 Stock Analysis
When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.