Electromed Stock Alpha and Beta Analysis
| ELMD Stock | USD 15.77 0.41 2.53% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Electromed. It also helps investors analyze the systematic and unsystematic risks associated with investing in Electromed over a specified time horizon. Remember, high Electromed'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 Electromed's market risk premium analysis include:
Beta 2.03 | Alpha 0.59 | Risk 4.46 | Sharpe Ratio 0.18 | Expected Return 0.79 |
Enterprise Value |
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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.
Electromed |
Electromed Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Electromed market risk premium is the additional return an investor will receive from holding Electromed 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 Electromed. 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 Electromed's performance over market.| α | 0.59 | β | 2.03 |
Electromed 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 Electromed's Buy-and-hold return. Our buy-and-hold chart shows how Electromed performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Electromed Market Price Analysis
Market price analysis indicators help investors to evaluate how Electromed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electromed shares will generate the highest return on investment. By understating and applying Electromed stock market price indicators, traders can identify Electromed position entry and exit signals to maximize returns.
Electromed Return and Market Media
The median price of Electromed for the period between Tue, Jan 30, 2024 and Mon, Apr 29, 2024 is 15.2 with a coefficient of variation of 17.49. The daily time series for the period is distributed with a sample standard deviation of 2.52, arithmetic mean of 14.41, and mean deviation of 2.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Electromed GAAP EPS of 0.19 beats by 0.09, revenue of 13.7M beats by 0.4M | 02/13/2024 |
2 | Electromed Upgraded at StockNews.com - MarketBeat | 02/20/2024 |
3 | Acquisition by James Cunniff of 9000 shares of Electromed at 15.25 subject to Rule 16b-3 | 03/01/2024 |
4 | Should You Buy Electromed Inc in Medical Devices Industry - InvestorsObserver | 03/06/2024 |
5 | Electromed Shares Down 0.9 percent - Defense World | 03/20/2024 |
6 | Electromed Rating Increased to Strong-Buy at StockNews.com - MarketBeat | 04/10/2024 |
7 | Electromed Lowered to Buy at StockNews.com - MarketBeat | 04/18/2024 |
8 | Acquisition by Walsh Andrea M. of 3000 shares of Electromed subject to Rule 16b-3 | 04/26/2024 |
About Electromed 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 Electromed or other stocks. Alpha measures the amount that position in Electromed 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0388 | 0.0345 | Price To Sales Ratio | 1.7 | 1.35 |
Electromed Upcoming Company Events
As portrayed in its financial statements, the presentation of Electromed's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Electromed's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Electromed's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Electromed. Please utilize our Beneish M Score to check the likelihood of Electromed's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Electromed
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
Check out Electromed Backtesting, Electromed Valuation, Electromed Correlation, Electromed Hype Analysis, Electromed Volatility, Electromed History and analyze Electromed Performance. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Electromed Stock analysis
When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
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Electromed 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.