Electromed Stock Price on December 1, 2024

ELMD Stock  USD 30.78  0.28  0.90%   
Below is the normalized historical share price chart for Electromed extending back to August 13, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Electromed stands at 30.78, as last reported on the 1st of December, with the highest price reaching 31.31 and the lowest price hitting 30.78 during the day.
IPO Date
13th of August 2010
200 Day MA
17.8548
50 Day MA
24.1178
Beta
0.264
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Electromed Stock, it is important to understand the factors that can impact its price. Electromed appears to be very steady, given 3 months investment horizon. Electromed secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the company had a 0.34% return per unit of risk over the last 3 months. By reviewing Electromed's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please utilize Electromed's Downside Deviation of 2.4, coefficient of variation of 260.38, and Mean Deviation of 2.34 to check if our risk estimates are consistent with your expectations.
  
At present, Electromed's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 1.8 M, whereas Common Stock Total Equity is forecasted to decline to about 86.6 K. . At present, Electromed's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 14.67, whereas Price Book Value Ratio is forecasted to decline to 2.65. Electromed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3358

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Estimated Market Risk

 2.82
  actual daily
25
75% of assets are more volatile

Expected Return

 0.95
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.34
  actual daily
26
74% of assets perform better
Based on monthly moving average Electromed is performing at about 26% 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 Electromed by adding it to a well-diversified portfolio.
Price Book
6.275
Enterprise Value Ebitda
26.7209
Price Sales
4.8013
Shares Float
6.4 M
Wall Street Target Price
33

Electromed Valuation on December 1, 2024

It is possible to determine the worth of Electromed on a given historical date. On December 1, 2024 Electromed was worth 31.23 at the beginning of the trading date compared to the closed value of 30.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electromed stock. Still, in general, we apply an absolute valuation method to find Electromed's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Electromed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electromed's related companies.
 Open High Low Close Volume
  31.23    31.31    30.78    30.78    35,017  
12/01/2024
  31.23    31.31    30.78    30.78    0.00  
Backtest Electromed  |  Electromed History  |  Electromed Valuation   Previous
Open Value
31.23
30.78
Closing Value
39.70
Upside

Electromed Trading Date Momentum on December 1, 2024

On December 01 2024 Electromed was traded for  30.78  at the closing time. The top price for the day was 31.31  and the lowest listed price was  30.78 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.46% .

Electromed Fundamentals Correlations and Trends

By evaluating Electromed's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Electromed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electromed financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Electromed Stock history

Electromed investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Electromed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electromed will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Electromed stock prices may prove useful in developing a viable investing in Electromed
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.9 M8.9 M
Net Income Applicable To Common Shares3.6 M3.8 M

Electromed Quarterly Net Working Capital

33.59 Million

Electromed Stock Technical Analysis

Electromed technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Electromed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Electromed trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Electromed Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Electromed cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Electromed December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Electromed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electromed shares will generate the highest return on investment. By undertsting and applying Electromed stock market strength indicators, traders can identify Electromed entry and exit signals to maximize returns

Electromed Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Electromed's price direction in advance. Along with the technical and fundamental analysis of Electromed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electromed to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Electromed Stock analysis

When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
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