OBSERVE MEDICAL Financials
| OM5A Stock | EUR 0.03 0.0006 1.99% |
OBSERVE |
OBSERVE MEDICAL Stock Summary
OBSERVE MEDICAL competes with Axcelis Technologies, PKSHA TECHNOLOGY, Uber Technologies, SOFI TECHNOLOGIES, and COPLAND ROAD. Observe Medical ASA develops and markets medical technology products for patients, healthcare professionals, and hospitals in Europe and the United States. The company was founded in 2009 and is headquartered in Oslo, Norway. OBSERVE MEDICAL is traded on Frankfurt Stock Exchange in Germany.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | NO0010865009 |
| Business Address | Henrik Ibsensgate 90 |
| Sector | Healthcare |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | observemedical.com |
| Currency | EUR - Euro |
You should never invest in OBSERVE MEDICAL without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of OBSERVE Stock, because this is throwing your money away. Analyzing the key information contained in OBSERVE MEDICAL's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
OBSERVE MEDICAL Key Financial Ratios
There are many critical financial ratios that OBSERVE MEDICAL's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that OBSERVE MEDICAL ASA reports annually and quarterly.| Return On Equity | -0.57 | |||
| Return On Asset | -0.21 | |||
| Beta | 1.52 |
OBSERVE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OBSERVE MEDICAL's current stock value. Our valuation model uses many indicators to compare OBSERVE MEDICAL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OBSERVE MEDICAL competition to find correlations between indicators driving OBSERVE MEDICAL's intrinsic value. More Info.OBSERVE MEDICAL ASA is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OBSERVE MEDICAL's earnings, one of the primary drivers of an investment's value.OBSERVE MEDICAL ASA Systematic Risk
OBSERVE MEDICAL's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OBSERVE MEDICAL volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on OBSERVE MEDICAL ASA correlated with the market. If Beta is less than 0 OBSERVE MEDICAL generally moves in the opposite direction as compared to the market. If OBSERVE MEDICAL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OBSERVE MEDICAL ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OBSERVE MEDICAL is generally in the same direction as the market. If Beta > 1 OBSERVE MEDICAL moves generally in the same direction as, but more than the movement of the benchmark.
OBSERVE MEDICAL Thematic Clasifications
OBSERVE MEDICAL ASA is part of Drugs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery
This theme covers Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. Get More Thematic Ideas
| Drugs | View |
OBSERVE MEDICAL December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of OBSERVE MEDICAL help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OBSERVE MEDICAL ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of OBSERVE MEDICAL ASA based on widely used predictive technical indicators. In general, we focus on analyzing OBSERVE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OBSERVE MEDICAL's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.64 | |||
| Information Ratio | 0.0702 | |||
| Maximum Drawdown | 36.4 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 7.28 |
Complementary Tools for OBSERVE Stock analysis
When running OBSERVE MEDICAL's price analysis, check to measure OBSERVE MEDICAL'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 OBSERVE MEDICAL is operating at the current time. Most of OBSERVE MEDICAL's value examination focuses on studying past and present price action to predict the probability of OBSERVE MEDICAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OBSERVE MEDICAL's price. Additionally, you may evaluate how the addition of OBSERVE MEDICAL to your portfolios can decrease your overall portfolio volatility.
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