WORK Medical Financials
| WOK Stock | 5.46 0.75 15.92% |
WORK |
Understanding current and past WORK Medical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of WORK Medical's financial statements are interrelated, with each one affecting the others. For example, an increase in WORK Medical's assets may result in an increase in income on the income statement.
Specialization | Health Care, Health Care Equipment & Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| CUSIP | G9767H109 |
| Location | China |
| Business Address | No 2 Tonghuinan |
| Sector | Health Care Equipment & Supplies |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Phone | 86 571 8261 3568 |
WORK Medical Key Financial Ratios
WORK Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WORK Medical's current stock value. Our valuation model uses many indicators to compare WORK Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WORK Medical competition to find correlations between indicators driving WORK Medical's intrinsic value. More Info.WORK Medical Technology is rated third in total debt category among its peers. It is rated third in number of employees category among its peers . The ratio of Total Debt to Number Of Employees for WORK Medical Technology is about 39,117 . Comparative valuation analysis is a catch-all technique that is used if you cannot value WORK Medical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.WORK Medical Technology Systematic Risk
WORK Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WORK 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 WORK Medical Technology correlated with the market. If Beta is less than 0 WORK Medical generally moves in the opposite direction as compared to the market. If WORK Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WORK Medical Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WORK Medical is generally in the same direction as the market. If Beta > 1 WORK Medical moves generally in the same direction as, but more than the movement of the benchmark.
WORK Medical Thematic Clasifications
WORK Medical Technology is part of Medical Equipment 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. USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Medical Equipment | View |
WORK Medical December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WORK Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WORK Medical Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of WORK Medical Technology based on widely used predictive technical indicators. In general, we focus on analyzing WORK Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WORK Medical's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.17 | |||
| Information Ratio | 0.072 | |||
| Maximum Drawdown | 41.32 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 10.69 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WORK Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK Medical'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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK Medical'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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK Medical'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.