OBSERVE MEDICAL (Germany) Performance
| OM5A Stock | EUR 0.03 0.0006 1.99% |
OBSERVE MEDICAL has a performance score of 2 on a scale of 0 to 100. The firm holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, OBSERVE MEDICAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding OBSERVE MEDICAL is expected to be smaller as well. OBSERVE MEDICAL ASA currently holds a risk of 4.38%. Please check OBSERVE MEDICAL ASA maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if OBSERVE MEDICAL ASA will be following its historical price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in OBSERVE MEDICAL ASA are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, OBSERVE MEDICAL may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
OBSERVE |
OBSERVE MEDICAL Relative Risk vs. Return Landscape
If you would invest 2.90 in OBSERVE MEDICAL ASA on September 26, 2024 and sell it today you would earn a total of 0.06 from holding OBSERVE MEDICAL ASA or generate 2.07% return on investment over 90 days. OBSERVE MEDICAL ASA is generating 0.1264% of daily returns assuming 4.3821% volatility of returns over the 90 days investment horizon. Simply put, 39% of all stocks have less volatile historical return distribution than OBSERVE MEDICAL, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
OBSERVE MEDICAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OBSERVE MEDICAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OBSERVE MEDICAL ASA, and traders can use it to determine the average amount a OBSERVE 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 = 0.0288
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| Cash | Small Risk | Average Risk | OM5A | Huge Risk |
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Estimated Market Risk
| 4.38 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average OBSERVE MEDICAL is performing at about 2% 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 OBSERVE MEDICAL by adding it to a well-diversified portfolio.
OBSERVE MEDICAL Fundamentals Growth
OBSERVE Stock prices reflect investors' perceptions of the future prospects and financial health of OBSERVE MEDICAL, and OBSERVE MEDICAL 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 OBSERVE Stock performance.
| Return On Equity | -0.57 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (2.44) % | |||
| Operating Margin | (2.65) % | |||
| Shares Outstanding | 53.49 M | |||
| Revenue | 18.98 M | |||
| EBITDA | (43.34 M) | |||
| Cash And Equivalents | 18.95 M | |||
| Cash Per Share | 0.97 X | |||
| Total Debt | 35.22 M | |||
| Debt To Equity | 1.73 % | |||
| Book Value Per Share | 3.01 X | |||
| Cash Flow From Operations | (21.64 M) | |||
| Earnings Per Share | (0.06) X | |||
About OBSERVE MEDICAL Performance
By analyzing OBSERVE MEDICAL's fundamental ratios, stakeholders can gain valuable insights into OBSERVE MEDICAL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OBSERVE 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 OBSERVE MEDICAL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Observe Medical ASA develops and markets medical technology products for patients, healthcare professionals, and hospitals in Europe and the United States. The company was founded in 2009 and is headquartered in Oslo, Norway. OBSERVE MEDICAL is traded on Frankfurt Stock Exchange in Germany.Things to note about OBSERVE MEDICAL ASA performance evaluation
Checking the ongoing alerts about OBSERVE MEDICAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OBSERVE MEDICAL ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| OBSERVE MEDICAL ASA has some characteristics of a very speculative penny stock | |
| OBSERVE MEDICAL ASA had very high historical volatility over the last 90 days | |
| OBSERVE MEDICAL ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 18.98 M. Net Loss for the year was (36.87 M) with profit before overhead, payroll, taxes, and interest of 9.52 M. | |
| OBSERVE MEDICAL ASA has accumulated about 18.95 M in cash with (21.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 55.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing OBSERVE 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 OBSERVE MEDICAL's stock is overvalued or undervalued compared to its peers.
- Examining OBSERVE 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 OBSERVE MEDICAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OBSERVE MEDICAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OBSERVE MEDICAL's stock. These opinions can provide insight into OBSERVE MEDICAL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for OBSERVE Stock analysis
When running OBSERVE MEDICAL's price analysis, check to measure OBSERVE 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 OBSERVE MEDICAL is operating at the current time. Most of OBSERVE MEDICAL's value examination focuses on studying past and present price action to predict the probability of OBSERVE 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 OBSERVE MEDICAL's price. Additionally, you may evaluate how the addition of OBSERVE MEDICAL to your portfolios can decrease your overall portfolio volatility.
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