Myomo Inc Stock Buy Hold or Sell Recommendation
| MYO Stock | USD 5.22 0.05 0.95% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Myomo Inc is 'Sell'. The recommendation algorithm takes into account all of Myomo's available fundamental, technical, and predictive indicators you will find on this site.
Check out Myomo 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. In addition, we conduct extensive research on individual companies such as Myomo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Myomo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Myomo |
Execute Myomo Buy or Sell Advice
The Myomo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Myomo Inc. Macroaxis does not own or have any residual interests in Myomo Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Myomo's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Good | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Myomo Trading Alerts and Improvement Suggestions
| Myomo Inc appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 19.24 M. Reported Net Loss for the year was (8.15 M) with profit before taxes, overhead, and interest of 10.25 M. | |
| Myomo Inc has about 5.35 M in cash with (6.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: HC Wainwright Issues Pessimistic Estimate for Myomo Earnings - MarketBeat |
Myomo Returns Distribution Density
The distribution of Myomo's historical returns is an attempt to chart the uncertainty of Myomo's future price movements. The chart of the probability distribution of Myomo daily returns describes the distribution of returns around its average expected value. We use Myomo Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Myomo returns is essential to provide solid investment advice for Myomo.
| Mean Return | 0.50 | Value At Risk | -5.41 | Potential Upside | 6.04 | Standard Deviation | 4.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Myomo 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.
Myomo Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (213.6K) | (271.5K) | (118.2K) | (607.4K) | (384.8K) | (365.5K) | |
| Change In Cash | (2.1M) | 7.7M | 3.3M | (10.2M) | 1.5M | 1.6M | |
| Free Cash Flow | (10.4M) | (9.1M) | (9.9M) | (10.3M) | (6.3M) | (6.6M) | |
| Depreciation | 95.1K | 108.7K | 336.0K | 542.6K | 517.7K | 543.6K | |
| Other Non Cash Items | 181.4K | 362.2K | (19.9K) | 204.3K | 48.3K | 45.9K | |
| Capital Expenditures | 52.0K | 45.8K | 326.5K | 111.8K | 145.8K | 100.0K | |
| Net Income | (10.7M) | (11.6M) | (10.4M) | (10.7M) | (8.1M) | (8.6M) | |
| End Period Cash Flow | 4.5M | 12.2M | 15.5M | 5.3M | 6.9M | 7.5M | |
| Change To Netincome | 962.3K | 1.5M | 1.1M | 1.4M | 1.6M | 1.7M | |
| Investments | (52.0K) | (45.8K) | (326.5K) | (310.8K) | (4.3M) | (4.1M) |
Myomo 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 Myomo 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 Myomo'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 Myomo 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 | 0.27 | |
β | Beta against Dow Jones | 1.89 | |
σ | Overall volatility | 3.79 | |
Ir | Information ratio | 0.09 |
Myomo Volatility Alert
Myomo Inc shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Myomo'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 Myomo'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.Myomo Fundamentals Vs Peers
Comparing Myomo'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 Myomo's direct or indirect competition across all of the common fundamentals between Myomo and the related equities. This way, we can detect undervalued stocks with similar characteristics as Myomo or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Myomo's fundamental indicators could also be used in its relative valuation, which is a method of valuing Myomo by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Myomo to competition |
| Fundamentals | Myomo | Peer Average |
| Return On Equity | -0.83 | -0.31 |
| Return On Asset | -0.31 | -0.14 |
| Profit Margin | (0.33) % | (1.27) % |
| Operating Margin | (0.10) % | (5.51) % |
| Current Valuation | 151.5 M | 16.62 B |
| Shares Outstanding | 30.25 M | 571.82 M |
| Shares Owned By Insiders | 13.00 % | 10.09 % |
| Shares Owned By Institutions | 51.35 % | 39.21 % |
| Number Of Shares Shorted | 860.1 K | 4.71 M |
| Price To Earning | (0.30) X | 28.72 X |
| Price To Book | 16.99 X | 9.51 X |
| Price To Sales | 6.26 X | 11.42 X |
| Revenue | 19.24 M | 9.43 B |
| Gross Profit | 10.25 M | 27.38 B |
| EBITDA | (8.07 M) | 3.9 B |
| Net Income | (8.15 M) | 570.98 M |
| Cash And Equivalents | 5.35 M | 2.7 B |
| Cash Per Share | 1.46 X | 5.01 X |
| Total Debt | 601.3 K | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 3.42 X | 2.16 X |
| Book Value Per Share | 0.31 X | 1.93 K |
| Cash Flow From Operations | (6.17 M) | 971.22 M |
| Short Ratio | 5.08 X | 4.00 X |
| Earnings Per Share | (0.23) X | 3.12 X |
| Target Price | 7.33 | |
| Number Of Employees | 101 | 18.84 K |
| Beta | 1.56 | -0.15 |
| Market Capitalization | 157.88 M | 19.03 B |
| Total Asset | 14.58 M | 29.47 B |
| Retained Earnings | (96.93 M) | 9.33 B |
| Working Capital | 8.17 M | 1.48 B |
| Current Asset | 5.11 M | 9.34 B |
Note: Disposition of 121 shares by Kovelman Harry of Myomo at 3.7 subject to Rule 16b-3 [view details]
Myomo Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Myomo . 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 Myomo Buy or Sell Advice
When is the right time to buy or sell Myomo Inc? Buying financial instruments such as Myomo 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.
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Check out Myomo 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 Myomo. If investors know Myomo 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 Myomo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 0.835 | Quarterly Revenue Growth 0.813 | Return On Assets (0.31) | Return On Equity (0.83) |
The market value of Myomo Inc is measured differently than its book value, which is the value of Myomo that is recorded on the company's balance sheet. Investors also form their own opinion of Myomo's value that differs from its market value or its book value, called intrinsic value, which is Myomo'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 Myomo's market value can be influenced by many factors that don't directly affect Myomo'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 Myomo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Myomo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myomo'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.