Elutia Inc Stock Performance
| ELUT Stock | 4.84 1.31 37.11% |
On a scale of 0 to 100, Elutia holds a performance score of 6. The firm shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Elutia returns are very sensitive to returns on the market. As the market goes up or down, Elutia is expected to follow. Please check Elutia's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Elutia's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Elutia Inc are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively conflicting basic indicators, Elutia unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 37.11 | Five Day Return 15.24 | Year To Date Return 93.6 | Ten Year Return (66.62) | All Time Return (66.62) |
1 | Elutia to Present at the LD Micro Main Event XVII Conference on Wednesday, October 30 | 10/23/2024 |
2 | What To Expect From Elutia Inc Q3 2024 Earnings | 11/13/2024 |
3 | Elutia Inc Q3 2024 Earnings EPS of 0.03 Beats Estimates, Revenue of 5. ... | 11/14/2024 |
4 | Elutia Awarded Cardiac Rhythm Management Devices Agreement with Premier, Inc. | 12/02/2024 |
5 | Disposition of 50 shares by Michelle Williams of Elutia at 4.29 subject to Rule 16b-3 | 12/10/2024 |
6 | Are Medical Stocks Lagging ELUTIA INC This Year | 12/13/2024 |
| Begin Period Cash Flow | 17 M | |
| Free Cash Flow | -22.1 M |
Elutia |
Elutia Relative Risk vs. Return Landscape
If you would invest 385.00 in Elutia Inc on September 23, 2024 and sell it today you would earn a total of 99.00 from holding Elutia Inc or generate 25.71% return on investment over 90 days. Elutia Inc is currently generating 0.5442% in daily expected returns and assumes 6.6103% risk (volatility on return distribution) over the 90 days horizon. In different words, 58% of stocks are less volatile than Elutia, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Elutia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elutia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elutia Inc, and traders can use it to determine the average amount a Elutia'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 = 0.0823
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Estimated Market Risk
| 6.61 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Elutia is performing at about 6% 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 Elutia by adding it to a well-diversified portfolio.
Elutia Fundamentals Growth
Elutia Stock prices reflect investors' perceptions of the future prospects and financial health of Elutia, and Elutia fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Elutia Stock performance.
| Return On Asset | -0.29 | ||||
| Profit Margin | (2.61) % | ||||
| Operating Margin | (0.99) % | ||||
| Current Valuation | 164.67 M | ||||
| Shares Outstanding | 30.25 M | ||||
| Price To Sales | 6.69 X | ||||
| Revenue | 24.75 M | ||||
| Gross Profit | 19.22 M | ||||
| EBITDA | (31.92 M) | ||||
| Net Income | (37.66 M) | ||||
| Total Debt | 23.95 M | ||||
| Book Value Per Share | (1.66) X | ||||
| Cash Flow From Operations | (21.76 M) | ||||
| Earnings Per Share | (2.35) X | ||||
| Market Capitalization | 167.28 M | ||||
| Total Asset | 43.43 M | ||||
| Retained Earnings | (175.64 M) | ||||
| Working Capital | (11.78 M) | ||||
About Elutia Performance
Assessing Elutia's fundamental ratios provides investors with valuable insights into Elutia's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Elutia is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 102.71 | 137.62 | |
| Return On Tangible Assets | (1.19) | (1.13) | |
| Return On Capital Employed | (78.07) | (74.17) | |
| Return On Assets | (0.87) | (0.91) | |
| Return On Equity | 0.98 | 0.68 |
Things to note about Elutia Inc performance evaluation
Checking the ongoing alerts about Elutia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elutia Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elutia Inc is way too risky over 90 days horizon | |
| Elutia Inc appears to be risky and price may revert if volatility continues | |
| Elutia Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 24.75 M. Net Loss for the year was (37.66 M) with profit before overhead, payroll, taxes, and interest of 19.22 M. | |
| Elutia generates negative cash flow from operations | |
| Elutia Inc has a poor financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Are Medical Stocks Lagging ELUTIA INC This Year |
- Analyzing Elutia'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 Elutia's stock is overvalued or undervalued compared to its peers.
- Examining Elutia'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 Elutia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elutia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elutia's stock. These opinions can provide insight into Elutia's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elutia Stock Analysis
When running Elutia's price analysis, check to measure Elutia'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 Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.