Shockwave Medical Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Shockwave Medical are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Shockwave Medical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Shockwave Medical is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 156.6 M |
Shockwave |
Shockwave Medical Relative Risk vs. Return Landscape
If you would invest (100.00) in Shockwave Medical on December 22, 2024 and sell it today you would earn a total of 100.00 from holding Shockwave Medical or generate -100.0% return on investment over 90 days. Shockwave Medical is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Shockwave, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Shockwave Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shockwave Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shockwave Medical, and traders can use it to determine the average amount a Shockwave 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 = 0.0
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Based on monthly moving average Shockwave 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 Shockwave Medical by adding Shockwave Medical to a well-diversified portfolio.
Shockwave Medical Fundamentals Growth
Shockwave Stock prices reflect investors' perceptions of the future prospects and financial health of Shockwave Medical, and Shockwave 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 Shockwave Stock performance.
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0868 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 12.32 B | |||
| Shares Outstanding | 37.54 M | |||
| Price To Earning | 178.55 X | |||
| Price To Book | 18.38 X | |||
| Price To Sales | 16.83 X | |||
| Revenue | 730.23 M | |||
| EBITDA | 176.35 M | |||
| Cash And Equivalents | 224.91 M | |||
| Cash Per Share | 6.26 X | |||
| Total Debt | 770.61 M | |||
| Debt To Equity | 0.15 % | |||
| Book Value Per Share | 20.04 X | |||
| Cash Flow From Operations | 196.05 M | |||
| Earnings Per Share | 4.25 X | |||
| Total Asset | 1.57 B | |||
| Retained Earnings | 110.47 M | |||
Things to note about Shockwave Medical performance evaluation
Checking the ongoing alerts about Shockwave Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shockwave Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shockwave Medical is not yet fully synchronised with the market data | |
| Shockwave Medical has some characteristics of a very speculative penny stock | |
| Shockwave Medical has a very high chance of going through financial distress in the upcoming years | |
| Over 99.0% of the company shares are owned by institutional investors |
- Analyzing Shockwave 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 Shockwave Medical's stock is overvalued or undervalued compared to its peers.
- Examining Shockwave 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 Shockwave Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shockwave Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shockwave Medical's stock. These opinions can provide insight into Shockwave Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Shockwave Stock
If you are still planning to invest in Shockwave Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shockwave Medical's history and understand the potential risks before investing.
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