Baird Medical Investment Stock Performance
| BDMD Stock | 1.76 0.01 0.57% |
The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baird Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baird Medical is expected to be smaller as well. At this point, Baird Medical Investment has a negative expected return of -3.12%. Please make sure to confirm Baird Medical's jensen alpha, kurtosis, price action indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Baird Medical Investment performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Baird Medical Investment has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's primary indicators remain rather sound which may send shares a bit higher in January 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1 | Baird Medical to Participate in Roths 3rd Annual Healthcare Opportunities Conference | 10/08/2024 |
2 | Baird Medical Proudly Invited to Showcase Microwave Ablation Technology at the ACS Clinical Congress | 10/24/2024 |
3 | Baird Medical Sponsors MGH Thyroid and Parathyroid Surgery Course | 11/18/2024 |
4 | Baird Medical Charts 2025 Strategic Vision Following Milestone Year | 12/10/2024 |
Baird |
Baird Medical Relative Risk vs. Return Landscape
If you would invest 1,146 in Baird Medical Investment on September 12, 2024 and sell it today you would lose (970.00) from holding Baird Medical Investment or give up 84.64% of portfolio value over 90 days. Baird Medical Investment is currently does not generate positive expected returns and assumes 8.0481% risk (volatility on return distribution) over the 90 days horizon. In different words, 71% of stocks are less volatile than Baird, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Baird Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baird Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Baird Medical Investment, and traders can use it to determine the average amount a Baird Medical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.3875
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| Negative Returns | BDMD |
Estimated Market Risk
| 8.05 actual daily | 71 71% of assets are less volatile |
Expected Return
| -3.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.39 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Baird Medical is not performing at its full potential. However, 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 Baird Medical by adding Baird Medical to a well-diversified portfolio.
About Baird Medical Performance
By analyzing Baird Medical's fundamental ratios, stakeholders can gain valuable insights into Baird Medical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Baird Medical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Baird Medical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Baird Medical is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about Baird Medical Investment performance evaluation
Checking the ongoing alerts about Baird Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Baird Medical Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Baird Medical generated a negative expected return over the last 90 days | |
| Baird Medical has high historical volatility and very poor performance | |
| Baird Medical may become a speculative penny stock | |
| Baird Medical has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Baird Medical Charts 2025 Strategic Vision Following Milestone Year |
- Analyzing Baird Medical's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Baird Medical's stock is overvalued or undervalued compared to its peers.
- Examining Baird Medical's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Baird Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Baird Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Baird Medical's stock. These opinions can provide insight into Baird Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Baird Stock analysis
When running Baird Medical's price analysis, check to measure Baird 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 Baird Medical is operating at the current time. Most of Baird Medical's value examination focuses on studying past and present price action to predict the probability of Baird 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 Baird Medical's price. Additionally, you may evaluate how the addition of Baird Medical to your portfolios can decrease your overall portfolio volatility.
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