Tactile Competitors
| TCMD Stock | USD 27.67 0.37 1.36% |
Tactile Systems vs Viemed Healthcare Correlation
Poor diversification
The correlation between Tactile Systems Technology and VMD is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tactile Systems Technology and VMD in the same portfolio, assuming nothing else is changed.
Moving against Tactile Stock
| 0.91 | IHC | Inspiration Healthcare | PairCorr |
| 0.82 | OTC | Ocumetics Technology Corp | PairCorr |
| 0.82 | IVF | INVO Fertility Symbol Change | PairCorr |
| 0.69 | AHC | Austco Healthcare | PairCorr |
| 0.58 | NTI | Neurotech International | PairCorr |
Tactile Systems Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tactile Systems and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Tactile and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tactile Systems Tech does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Tactile Stock performing well and Tactile Systems Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tactile Systems' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RXST | 3.05 | (0.11) | (0.01) | 0.03 | 3.53 | 7.97 | 23.38 | |||
| SMLR | 49.98 | 26.69 | 4.10 | (1.54) | 4.86 | 18.45 | 1,670 | |||
| DCTH | 1.96 | 0.13 | 0.07 | 0.17 | 2.08 | 4.81 | 17.24 | |||
| BWAY | 2.90 | 0.45 | 0.17 | 0.31 | 2.60 | 7.25 | 15.99 | |||
| BFLY | 4.91 | 0.44 | 0.11 | 0.25 | 4.99 | 12.50 | 35.76 | |||
| NPCE | 2.37 | 0.14 | 0.09 | 0.16 | 2.14 | 5.40 | 17.92 | |||
| SRDX | 1.90 | 0.54 | 0.22 | (0.81) | 1.26 | 2.09 | 49.69 | |||
| KIDS | 1.85 | 0.00 | 0.00 | 0.08 | 2.13 | 3.72 | 16.89 | |||
| CBLL | 2.50 | 0.81 | 0.34 | 0.75 | 1.92 | 6.39 | 18.00 | |||
| VMD | 1.54 | 0.35 | 0.20 | 0.68 | 1.21 | 4.30 | 8.29 |
Cross Equities Net Income Analysis
Compare Tactile Systems Tech and related stocks such as Rxsight, Semler Scientific, and Delcath Systems Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RXST | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 27.6 M | (48.7 M) | (66.8 M) | (48.6 M) | (27.5 M) | (24.7 M) | (23.5 M) |
| DCTH | (2 M) | (30.9 M) | (51.9 M) | (30.3 M) | (17.4 M) | (14.7 M) | (18 M) | (45.1 M) | (19.2 M) | (8.9 M) | (24.2 M) | (25.6 M) | (36.5 M) | (47.7 M) | (26.4 M) | (23.7 M) | (24.9 M) |
| BWAY | (5.9 M) | (5.9 M) | (5.9 M) | (7.1 M) | (6.5 M) | (4.1 M) | (2.4 M) | (7.1 M) | (6.5 M) | (10.3 M) | (5.4 M) | (6.5 M) | (13.3 M) | (4.2 M) | 2.9 M | 3.4 M | 3.5 M |
| BFLY | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (99.6 M) | (162.7 M) | (32.4 M) | (168.7 M) | (133.7 M) | (72.5 M) | (65.2 M) | (68.5 M) |
| NPCE | (30 M) | (30 M) | (30 M) | (30 M) | (30 M) | (30 M) | (30 M) | (30 M) | (30 M) | (30 M) | (24.3 M) | (36.1 M) | (47.1 M) | (33 M) | (27.1 M) | (24.4 M) | (25.6 M) |
| KIDS | (9.5 M) | (9.5 M) | (9.5 M) | (9.5 M) | (9.5 M) | (7.9 M) | (6.6 M) | (8.9 M) | (12 M) | (13.7 M) | (32.9 M) | (16.3 M) | 1.3 M | (21 M) | (37.8 M) | (34 M) | (32.3 M) |
| CBLL | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (29.5 M) | (40.5 M) | (36.4 M) | (38.2 M) |
| VMD | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 8.9 M | 1.2 M | 8.2 M | 10.2 M | 8.5 M | 31.5 M | 9.1 M | 6.2 M | 10.2 M | 11.3 M | 13 M | 11.5 M |
Tactile Systems Tech and related stocks such as Rxsight, Semler Scientific, and Delcath Systems Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Tactile Systems Tech financial statement analysis. It represents the amount of money remaining after all of Tactile Systems Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tactile Systems Competitive Analysis
The better you understand Tactile Systems competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tactile Systems' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tactile Systems' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Tactile Systems Competition Performance Charts
Five steps to successful analysis of Tactile Systems Competition
Tactile Systems' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Tactile Systems Tech in relation to its competition. Tactile Systems' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tactile Systems in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Tactile Systems' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tactile Systems Tech, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Will Health Care Equipment & Supplies sector continue expanding? Could Tactile diversify its offerings? Factors like these will boost the valuation of Tactile Systems. If investors know Tactile will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tactile Systems data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.714 | Earnings Share 0.76 | Revenue Per Share | Quarterly Revenue Growth 0.173 | Return On Assets |
Tactile Systems Tech's market price often diverges from its book value, the accounting figure shown on Tactile's balance sheet. Smart investors calculate Tactile Systems' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Tactile Systems' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' 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.