Baird Medical Profitability Analysis
| BDMD Stock | 2.45 0.07 2.78% |
Net Income | First Reported 2010-12-31 | Previous Quarter 10.5 M | Current Value 12.2 M | Quarterly Volatility 802.9 K |
For Baird Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Baird Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Baird Medical Investment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Baird Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Baird Medical Investment over time as well as its relative position and ranking within its peers.
Baird |
Is Medical Equipment 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 Baird Medical. If investors know Baird 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 Baird Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Baird Medical Investment is measured differently than its book value, which is the value of Baird that is recorded on the company's balance sheet. Investors also form their own opinion of Baird Medical's value that differs from its market value or its book value, called intrinsic value, which is Baird Medical'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 Baird Medical's market value can be influenced by many factors that don't directly affect Baird Medical'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 Baird Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baird Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baird Medical'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.
BDMD fundamentals not found
We are unable to locate Baird Medical Investment indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | BDMD |
| Name | Baird Medical Investment |
| Type | Stock |
| Country | United States |
| Exchange | NASDAQ |
Indicator Description
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Baird Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Baird Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Baird Medical will eventually generate negative long term returns. The profitability progress is the general direction of Baird Medical's change in net profit over the period of time. It can combine multiple indicators of Baird Medical, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -284.3 K | -298.5 K | |
| Interest Income | 1.6 K | 1.5 K | |
| Operating Income | 12.7 M | 10.9 M | |
| Net Income From Continuing Ops | 10.7 M | 12.3 M | |
| Income Before Tax | 12.4 M | 10.5 M | |
| Total Other Income Expense Net | -10.2 K | -10.7 K | |
| Net Income | 10.5 M | 12.2 M |
Baird Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Baird Medical. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Baird Medical position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Baird Medical's important profitability drivers and their relationship over time.
Baird Medical Profitability Trends
Baird Medical profitability trend refers to the progression of profit or loss within a business. An upward trend means that Baird Medical's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Baird Medical's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Baird Medical Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Baird Medical different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Baird Medical in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Baird Medical's future profitability.
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Use Baird Medical in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baird Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baird Medical will appreciate offsetting losses from the drop in the long position's value.Baird Medical Pair Trading
Baird Medical Investment Pair Trading Analysis
The ability to find closely correlated positions to Baird Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baird Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baird Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baird Medical Investment to buy it.
The correlation of Baird Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baird Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baird Medical Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baird Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Baird Medical position
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To fully project Baird Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Baird Medical Investment at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Baird Medical's income statement, its balance sheet, and the statement of cash flows.