Stereotaxis Stock Alpha and Beta Analysis
| STXS Stock | USD 2.39 0.16 7.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Stereotaxis. It also helps investors analyze the systematic and unsystematic risks associated with investing in Stereotaxis over a specified time horizon. Remember, high Stereotaxis' 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 Stereotaxis' market risk premium analysis include:
Beta 0.77 | Alpha 0.0842 | Risk 4.19 | Sharpe Ratio 0.0437 | Expected Return 0.18 |
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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.
Stereotaxis |
Stereotaxis Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Stereotaxis market risk premium is the additional return an investor will receive from holding Stereotaxis 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 Stereotaxis. 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 Stereotaxis' performance over market.| α | 0.08 | β | 0.77 |
Stereotaxis 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 Stereotaxis' Buy-and-hold return. Our buy-and-hold chart shows how Stereotaxis performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Stereotaxis Market Price Analysis
Market price analysis indicators help investors to evaluate how Stereotaxis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stereotaxis shares will generate the highest return on investment. By understating and applying Stereotaxis stock market price indicators, traders can identify Stereotaxis position entry and exit signals to maximize returns.
Stereotaxis Return and Market Media
The median price of Stereotaxis for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 1.99 with a coefficient of variation of 6.6. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 2.04, and mean deviation of 0.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Stereotaxis to Report Third Quarter 2024 Financial Results on November 11, 2024 | 10/23/2024 |
2 | Avinger Reports Q3 Loss, Tops Revenue Estimates | 11/07/2024 |
3 | Stereotaxis Inc Q3 2024 Everything You Need To Know Ahead Of Earnings | 11/08/2024 |
4 | Stereotaxis GAAP EPS of -0.08 misses by 0.02, revenue of 9.2M beats by 2.1M | 11/11/2024 |
5 | STXS Stock Drops 5 percent Despite Strong Buy Ratings from Analysts | 11/14/2024 |
6 | Hospital Da Luz is the First in Portugal to Adopt Genesis Robotic System | 11/20/2024 |
7 | Stereotaxis to Participate in Piper Sandler 36th Annual Healthcare Conference | 11/26/2024 |
About Stereotaxis 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 Stereotaxis or other stocks. Alpha measures the amount that position in Stereotaxis 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.81 | 2.96 | 3.73 | 2.59 | Days Of Inventory On Hand | 137.26 | 297.07 | 258.21 | 245.3 |
Stereotaxis Upcoming Company Events
As portrayed in its financial statements, the presentation of Stereotaxis' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Stereotaxis' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Stereotaxis' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Stereotaxis. Please utilize our Beneish M Score to check the likelihood of Stereotaxis' management manipulating its earnings.
| 1st of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Stereotaxis Stock Analysis
When running Stereotaxis' price analysis, check to measure Stereotaxis' 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 Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.