Fonar Stock Buy Hold or Sell Recommendation
| FONR Stock | USD 16.39 0.06 0.36% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Fonar is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fonar given historical horizon and risk tolerance towards Fonar. When Macroaxis issues a 'buy' or 'sell' recommendation for Fonar, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Fonar Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide. Note, we conduct extensive research on individual companies such as Fonar and provide practical buy, sell, or hold advice based on investors' constraints. Fonar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Fonar |
Execute Fonar Buy or Sell Advice
The Fonar recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fonar. Macroaxis does not own or have any residual interests in Fonar or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fonar's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Fonar Trading Alerts and Improvement Suggestions
| Fonar generated a negative expected return over the last 90 days | |
| Fonar is unlikely to experience financial distress in the next 2 years | |
| Latest headline from simplywall.st: While institutions invested in FONAR Corporation benefited from last weeks 11 percent gain, individual investors stood to gain the most |
Fonar Returns Distribution Density
The distribution of Fonar's historical returns is an attempt to chart the uncertainty of Fonar's future price movements. The chart of the probability distribution of Fonar daily returns describes the distribution of returns around its average expected value. We use Fonar price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fonar returns is essential to provide solid investment advice for Fonar.
| Mean Return | -0.06 | Value At Risk | -2.97 | Potential Upside | 2.15 | Standard Deviation | 2.31 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fonar historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fonar Stock Institutional Investors
The Fonar's institutional investors refer to entities that pool money to purchase Fonar's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Brandywine Global Investment Mgmt Llc | 2024-09-30 | 48.7 K | Northern Trust Corp | 2024-09-30 | 36.1 K | Inspire Advisors, Llc | 2024-09-30 | 34.3 K | American Century Companies Inc | 2024-09-30 | 30 K | O'shaughnessy Asset Management Llc | 2024-06-30 | 26.2 K | Corsair Capital Management Llc | 2024-06-30 | 25.7 K | Linden Thomas Advisory Services Llc | 2024-09-30 | 25.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 22.5 K | State Street Corp | 2024-06-30 | 21.6 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 609.8 K | Vanguard Group Inc | 2024-09-30 | 390.3 K |
Fonar Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 149.4K | (14.6K) | (696.4K) | (209.8K) | (145.8K) | (138.5K) | |
| Change In Cash | 22.9M | 7.7M | 4.3M | 2.6M | 5.1M | 5.3M | |
| Free Cash Flow | 12.8M | 14.3M | 10.7M | 10.1M | 13.3M | 13.9M | |
| Depreciation | 4.9M | 5.5M | 8.5M | 8.8M | 8.9M | 9.4M | |
| Other Non Cash Items | 2.0M | 7.5M | 642.8K | (23.9M) | 4.8M | 5.0M | |
| Capital Expenditures | 7.6M | 4.8M | 4.6M | 4.3M | 822.8K | 781.7K | |
| Net Income | 11.7M | 13.7M | 17.2M | 12.1M | 10.6M | 11.1M | |
| End Period Cash Flow | 36.8M | 44.5M | 48.7M | 51.3M | 56.3M | 59.2M | |
| Dividends Paid | 6.1M | 6.6M | 5.6M | 5.8M | 6.7M | 4.6M | |
| Change To Netincome | 9.8M | 14.6M | 4.4M | 11.5M | 13.2M | 13.8M | |
| Change Receivables | (4.3M) | (6.1M) | (10.4M) | (5.6M) | (5.0M) | (5.3M) | |
| Net Borrowings | 660.2K | (40.3K) | (37.2K) | (36.6K) | (33.0K) | (31.3K) | |
| Investments | 15.1M | (293.0) | (149.0) | (4.3M) | (850.7K) | (893.3K) |
Fonar Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fonar or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fonar's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fonar stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 2.32 | |
Ir | Information ratio | -0.08 |
Fonar Volatility Alert
Fonar exhibits very low volatility with skewness of 1.17 and kurtosis of 7.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fonar's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fonar's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fonar Fundamentals Vs Peers
Comparing Fonar's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fonar's direct or indirect competition across all of the common fundamentals between Fonar and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fonar or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Fonar's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fonar by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fonar to competition |
| Fundamentals | Fonar | Peer Average |
| Return On Equity | 0.0917 | -0.31 |
| Return On Asset | 0.0498 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 91.73 M | 16.62 B |
| Shares Outstanding | 6.27 M | 571.82 M |
| Shares Owned By Insiders | 2.42 % | 10.09 % |
| Shares Owned By Institutions | 49.78 % | 39.21 % |
| Number Of Shares Shorted | 8.39 K | 4.71 M |
| Price To Earning | 12.10 X | 28.72 X |
| Price To Book | 0.62 X | 9.51 X |
| Price To Sales | 1.02 X | 11.42 X |
| Revenue | 102.88 M | 9.43 B |
| Gross Profit | 45.75 M | 27.38 B |
| EBITDA | 28.25 M | 3.9 B |
| Net Income | 10.57 M | 570.98 M |
| Cash And Equivalents | 48.73 M | 2.7 B |
| Cash Per Share | 7.31 X | 5.01 X |
| Total Debt | 41.68 M | 5.32 B |
| Debt To Equity | 0.26 % | 48.70 % |
| Current Ratio | 8.01 X | 2.16 X |
| Book Value Per Share | 25.71 X | 1.93 K |
| Cash Flow From Operations | 14.09 M | 971.22 M |
| Short Ratio | 0.49 X | 4.00 X |
| Earnings Per Share | 1.40 X | 3.12 X |
| Number Of Employees | 520 | 18.84 K |
| Beta | 1.19 | -0.15 |
| Market Capitalization | 95.29 M | 19.03 B |
| Total Asset | 214.25 M | 29.47 B |
| Retained Earnings | (13.62 M) | 9.33 B |
| Working Capital | 122.47 M | 1.48 B |
| Current Asset | 45.56 M | 9.34 B |
| Current Liabilities | 20.61 M | 7.9 B |
Note: Disposition of 2000 shares by Damadian Raymond V of Fonar at 15.01 subject to Rule 16b-3 [view details]
Fonar Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fonar . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Fonar Buy or Sell Advice
When is the right time to buy or sell Fonar? Buying financial instruments such as Fonar Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Fonar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Furniture Thematic Idea Now
Furniture
Companies producing and selling home and office furniture. The Furniture theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Furniture Theme or any other thematic opportunities.
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Additional Tools for Fonar Stock Analysis
When running Fonar's price analysis, check to measure Fonar'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 Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.