Onemednet Corp Stock Alpha and Beta Analysis

ONMD Stock   1.40  0.35  33.33%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OneMedNet Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in OneMedNet Corp over a specified time horizon. Remember, high OneMedNet Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to OneMedNet Corp's market risk premium analysis include:
Beta
(0.06)
Alpha
1.45
Risk
7.97
Sharpe Ratio
0.2
Expected Return
1.58
Please note that although OneMedNet Corp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, OneMedNet Corp did 1.45  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of OneMedNet Corp stock's relative risk over its benchmark. OneMedNet Corp has a beta of 0.06  . As returns on the market increase, returns on owning OneMedNet Corp are expected to decrease at a much lower rate. During the bear market, OneMedNet Corp is likely to outperform the market. As of December 22, 2024, Book Value Per Share is expected to decline to -1.99. In addition to that, Tangible Book Value Per Share is expected to decline to -1.99.

Enterprise Value

10.25 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out OneMedNet Corp Backtesting, OneMedNet Corp Valuation, OneMedNet Corp Correlation, OneMedNet Corp Hype Analysis, OneMedNet Corp Volatility, OneMedNet Corp History and analyze OneMedNet Corp Performance.
For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.

OneMedNet Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OneMedNet Corp market risk premium is the additional return an investor will receive from holding OneMedNet Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OneMedNet Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate OneMedNet Corp's performance over market.
α1.45   β-0.06

OneMedNet Corp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of OneMedNet Corp's Buy-and-hold return. Our buy-and-hold chart shows how OneMedNet Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

OneMedNet Corp Market Price Analysis

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

OneMedNet Corp Return and Market Media

The median price of OneMedNet Corp for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 0.84 with a coefficient of variation of 19.87. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 0.82, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
OneMedNet stock slides after tumbling 32 percent in market debut - MSN
10/07/2024
2
OneMedNet Announces Continued Investment into Bitcoin
11/12/2024
3
OneMedNet Announces Receipt of Nasdaq Notice Regarding Delayed Form 10-Q
11/27/2024
4
OneMedNet Announces Exciting New Collaboration with Bayers AI Innovation Platform to Help ...
12/02/2024

About OneMedNet Corp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including OneMedNet or other stocks. Alpha measures the amount that position in OneMedNet Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2022 2023 2024 (projected)
Payables Turnover0.540.250.23
Days Of Inventory On Hand2.41E-42.17E-42.28E-4

OneMedNet Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of OneMedNet Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OneMedNet Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OneMedNet Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OneMedNet Corp. Please utilize our Beneish M Score to check the likelihood of OneMedNet Corp's management manipulating its earnings.
29th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Build Portfolio with OneMedNet Corp

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether OneMedNet Corp is a strong investment it is important to analyze OneMedNet Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneMedNet Corp's future performance. For an informed investment choice regarding OneMedNet Stock, refer to the following important reports:
Check out OneMedNet Corp Backtesting, OneMedNet Corp Valuation, OneMedNet Corp Correlation, OneMedNet Corp Hype Analysis, OneMedNet Corp Volatility, OneMedNet Corp History and analyze OneMedNet Corp Performance.
For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
OneMedNet Corp 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 OneMedNet Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OneMedNet Corp 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...