Electromed Price Fair Value from 2010 to 2024

ELMD Stock  USD 29.79  1.72  6.13%   
Electromed's Price Fair Value is increasing over the years with stable fluctuation. Price Fair Value is expected to dwindle to 2.65. During the period from 2010 to 2024 Electromed Price Fair Value annual values regression line had geometric mean of  2.02 and mean square error of  1.62. View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
2.71985109
Current Value
2.65
Quarterly Volatility
1.24842603
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electromed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electromed's main balance sheet or income statement drivers, such as Depreciation And Amortization of 684.7 K, Interest Expense of 85.2 K or Selling General Administrative of 18.5 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0 or PTB Ratio of 2.65. Electromed financial statements analysis is a perfect complement when working with Electromed Valuation or Volatility modules.
  
Check out the analysis of Electromed Correlation against competitors.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.

Latest Electromed's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of Electromed over the last few years. It is Electromed's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electromed's overall financial position and show how it may be relating to other accounts over time.
Price Fair Value10 Years Trend
Pretty Stable
   Price Fair Value   
       Timeline  

Electromed Price Fair Value Regression Statistics

Arithmetic Mean2.31
Geometric Mean2.02
Coefficient Of Variation53.99
Mean Deviation0.89
Median2.37
Standard Deviation1.25
Sample Variance1.56
Range4.5983
R-Value0.19
Mean Square Error1.62
R-Squared0.03
Significance0.51
Slope0.05
Total Sum of Squares21.82

Electromed Price Fair Value History

2024 2.65
2023 2.72
2022 2.41
2021 2.39
2020 2.98
2019 4.28
2018 1.71

About Electromed Financial Statements

Electromed stakeholders use historical fundamental indicators, such as Electromed's Price Fair Value, to determine how well the company is positioned to perform in the future. Although Electromed investors may analyze each financial statement separately, they are all interrelated. For example, changes in Electromed's assets and liabilities are reflected in the revenues and expenses on Electromed's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Electromed. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Fair Value 2.72  2.65 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electromed is a strong investment it is important to analyze Electromed'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 Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
Check out the analysis of Electromed Correlation against competitors.
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.
Is Health Care Equipment & Supplies 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 Electromed. If investors know Electromed 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 Electromed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.809
Earnings Share
0.72
Revenue Per Share
6.39
Quarterly Revenue Growth
0.09
Return On Assets
0.0839
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed'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 Electromed's market value can be influenced by many factors that don't directly affect Electromed'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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed'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.