Myomo Inc Stock Performance
| MYO Stock | USD 5.48 0.14 2.49% |
On a scale of 0 to 100, Myomo holds a performance score of 13. The company secures a Beta (Market Risk) of 1.93, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Myomo will likely underperform. Please check Myomo's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Myomo's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Myomo Inc are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain basic indicators, Myomo displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.49) | Five Day Return 4.98 | Year To Date Return 14.41 | Ten Year Return (97.53) | All Time Return (97.53) |
Last Split Factor 1:30 | Dividend Date 2020-01-31 | Last Split Date 2020-01-31 |
1 | Myomo, Inc. Announces the Launch of Myomo Academy at AOPA National Assembly | 09/12/2024 |
2 | Acquisition by Micah Mitchell of 50000 shares of Myomo subject to Rule 16b-3 | 09/13/2024 |
3 | Disposition of 121 shares by Kovelman Harry of Myomo at 3.86 subject to Rule 16b-3 | 10/03/2024 |
4 | Acquisition by Kovelman Harry of 8333 shares of Myomo at 0.6 subject to Rule 16b-3 | 10/10/2024 |
5 | Disposition of 121 shares by Kovelman Harry of Myomo at 3.7 subject to Rule 16b-3 | 11/04/2024 |
6 | Myomo Q3 2024 Earnings Preview | 11/05/2024 |
7 | Myomo Inc Reports Record Q3 2024 Earnings Revenue Hits 9.2M, EPS at , Surpassing Estimates | 11/06/2024 |
8 | Earnings call Myomo reports record Q3 revenue, eyes future growth | 11/07/2024 |
9 | Disposition of 146 shares by Kovelman Harry of Myomo at 3.21 subject to Rule 16b-3 | 11/29/2024 |
| Begin Period Cash Flow | 5.3 M | |
| Free Cash Flow | -6.3 M |
Myomo |
Myomo Relative Risk vs. Return Landscape
If you would invest 376.00 in Myomo Inc on September 4, 2024 and sell it today you would earn a total of 172.00 from holding Myomo Inc or generate 45.74% return on investment over 90 days. Myomo Inc is generating 0.6598% of daily returns assuming volatility of 3.8527% on return distribution over 90 days investment horizon. In other words, 34% of stocks are less volatile than Myomo, and above 87% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Myomo Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Myomo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Myomo Inc, and traders can use it to determine the average amount a Myomo'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 = 0.1713
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Myomo is performing at about 13% 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 Myomo by adding it to a well-diversified portfolio.
Myomo Fundamentals Growth
Myomo Stock prices reflect investors' perceptions of the future prospects and financial health of Myomo, and Myomo 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 Myomo Stock performance.
| Return On Equity | -0.83 | ||||
| Return On Asset | -0.31 | ||||
| Profit Margin | (0.33) % | ||||
| Operating Margin | (0.10) % | ||||
| Current Valuation | 159.36 M | ||||
| Shares Outstanding | 30.25 M | ||||
| Price To Earning | (0.30) X | ||||
| Price To Book | 17.84 X | ||||
| Price To Sales | 6.57 X | ||||
| Revenue | 19.24 M | ||||
| Gross Profit | 10.25 M | ||||
| EBITDA | (8.07 M) | ||||
| Net Income | (8.15 M) | ||||
| Cash And Equivalents | 5.35 M | ||||
| Cash Per Share | 1.46 X | ||||
| Total Debt | 601.3 K | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 3.42 X | ||||
| Book Value Per Share | 0.31 X | ||||
| Cash Flow From Operations | (6.17 M) | ||||
| Earnings Per Share | (0.23) X | ||||
| Market Capitalization | 165.75 M | ||||
| Total Asset | 14.58 M | ||||
| Retained Earnings | (96.93 M) | ||||
| Working Capital | 8.17 M | ||||
| Current Asset | 5.11 M | ||||
| Current Liabilities | 2.31 M | ||||
About Myomo Performance
By examining Myomo's fundamental ratios, stakeholders can obtain critical insights into Myomo'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 Myomo 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 | 108.65 | 130.72 | |
| Return On Tangible Assets | (0.56) | (0.59) | |
| Return On Capital Employed | (0.90) | (0.95) | |
| Return On Assets | (0.56) | (0.59) | |
| Return On Equity | (0.91) | (0.95) |
Things to note about Myomo Inc performance evaluation
Checking the ongoing alerts about Myomo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Myomo Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Myomo Inc appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 19.24 M. Reported Net Loss for the year was (8.15 M) with profit before taxes, overhead, and interest of 10.25 M. | |
| Myomo Inc has about 5.35 M in cash with (6.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Earnings call Myomo reports record Q3 revenue, eyes future growth |
- Analyzing Myomo'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 Myomo's stock is overvalued or undervalued compared to its peers.
- Examining Myomo'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 Myomo's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Myomo's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Myomo's stock. These opinions can provide insight into Myomo's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myomo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Myomo. If investors know Myomo 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 Myomo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 0.835 | Quarterly Revenue Growth 0.813 | Return On Assets (0.31) | Return On Equity (0.83) |
The market value of Myomo Inc is measured differently than its book value, which is the value of Myomo that is recorded on the company's balance sheet. Investors also form their own opinion of Myomo's value that differs from its market value or its book value, called intrinsic value, which is Myomo'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 Myomo's market value can be influenced by many factors that don't directly affect Myomo'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 Myomo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Myomo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myomo'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.