Tactile Systems Technology Stock Performance
| TCMD Stock | USD 19.54 0.61 3.22% |
On a scale of 0 to 100, Tactile Systems holds a performance score of 15. The entity has a beta of 1.63, which indicates 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, Tactile Systems will likely underperform. Please check Tactile Systems' jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Tactile Systems' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Tactile Systems Technology are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile primary indicators, Tactile Systems exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 3.22 | Five Day Return (0.05) | Year To Date Return 37.22 | Ten Year Return 76.35 | All Time Return 76.35 |
1 | These 2 Medical Stocks Could Beat Earnings Why They Should Be on Your Radar | 10/15/2024 |
2 | Tactile Systems Technology Inc Q3 2024 Earnings Call Highlights Navigating Challenges ... | 11/05/2024 |
3 | Tactile Systems Technology Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag | 11/06/2024 |
4 | William Blair Has Optimistic Outlook of TCMD Q4 Earnings | 11/07/2024 |
5 | CADIAN CAPITAL MANAGEMENT, LP Adjusts Stake in Tactile Systems Technology Inc | 11/14/2024 |
6 | Bull Of The Day Tactile Systems Technology | 11/18/2024 |
7 | U.S. politician just made one of the most suspicious trades ever | 11/22/2024 |
8 | Tactile Systems Technology, Inc. Hit a 52 Week High, Can the Run Continue | 11/26/2024 |
| Begin Period Cash Flow | 21.9 M |
Tactile |
Tactile Systems Relative Risk vs. Return Landscape
If you would invest 1,350 in Tactile Systems Technology on September 1, 2024 and sell it today you would earn a total of 604.00 from holding Tactile Systems Technology or generate 44.74% return on investment over 90 days. Tactile Systems Technology is currently generating 0.6387% in daily expected returns and assumes 3.202% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Tactile, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Tactile Systems Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tactile Systems' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tactile Systems Technology, and traders can use it to determine the average amount a Tactile Systems' 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 = 0.1995
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Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Tactile Systems is performing at about 15% 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 Tactile Systems by adding it to a well-diversified portfolio.
Tactile Systems Fundamentals Growth
Tactile Stock prices reflect investors' perceptions of the future prospects and financial health of Tactile Systems, and Tactile Systems 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 Tactile Stock performance.
| Return On Equity | 0.0791 | ||||
| Return On Asset | 0.0462 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 404.73 M | ||||
| Shares Outstanding | 24 M | ||||
| Price To Earning | 23.07 X | ||||
| Price To Book | 2.19 X | ||||
| Price To Sales | 1.59 X | ||||
| Revenue | 274.42 M | ||||
| Gross Profit | 175.98 M | ||||
| EBITDA | 24.54 M | ||||
| Net Income | 28.52 M | ||||
| Cash And Equivalents | 23.35 M | ||||
| Cash Per Share | 1.16 X | ||||
| Total Debt | 50.38 M | ||||
| Debt To Equity | 0.66 % | ||||
| Current Ratio | 2.31 X | ||||
| Book Value Per Share | 8.66 X | ||||
| Cash Flow From Operations | 35.85 M | ||||
| Earnings Per Share | 0.65 X | ||||
| Market Capitalization | 454.27 M | ||||
| Total Asset | 281.44 M | ||||
| Retained Earnings | 18.89 M | ||||
| Working Capital | 104.24 M | ||||
| Current Asset | 64.23 M | ||||
| Current Liabilities | 13.79 M | ||||
About Tactile Systems Performance
By analyzing Tactile Systems' fundamental ratios, stakeholders can gain valuable insights into Tactile Systems' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tactile Systems has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tactile Systems has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 103.70 | 92.14 | |
| Return On Tangible Assets | 0.14 | 0.15 | |
| Return On Capital Employed | 0.08 | 0.06 | |
| Return On Assets | 0.10 | 0.11 | |
| Return On Equity | 0.15 | 0.15 |
Things to note about Tactile Systems Tech performance evaluation
Checking the ongoing alerts about Tactile Systems for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tactile Systems Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tactile Systems Tech appears to be risky and price may revert if volatility continues | |
| Tactile Systems Tech is unlikely to experience financial distress in the next 2 years | |
| Tactile Systems Tech has a very strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Tactile Systems Technology, Inc. Hit a 52 Week High, Can the Run Continue |
- Analyzing Tactile Systems' 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 Tactile Systems' stock is overvalued or undervalued compared to its peers.
- Examining Tactile Systems' 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 Tactile Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tactile Systems' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tactile Systems' stock. These opinions can provide insight into Tactile Systems' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tactile Stock analysis
When running Tactile Systems' price analysis, check to measure Tactile Systems' 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 Tactile Systems is operating at the current time. Most of Tactile Systems' value examination focuses on studying past and present price action to predict the probability of Tactile Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tactile Systems' price. Additionally, you may evaluate how the addition of Tactile Systems to your portfolios can decrease your overall portfolio volatility.
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