Tenon Research Development from 2010 to 2026
| TNON Stock | USD 0.67 0.01 1.47% |
Research Development | First Reported 2020-03-31 | Previous Quarter 503 K | Current Value 428 K | Quarterly Volatility 288.5 K |
Check Tenon Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenon Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 468.2 K, Interest Expense of 29.1 K or Selling General Administrative of 4.7 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0 or PTB Ratio of 0.36. Tenon financial statements analysis is a perfect complement when working with Tenon Medical Valuation or Volatility modules.
Tenon | Research Development | Build AI portfolio with Tenon Stock |
Evaluating Tenon Medical's Research Development across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Tenon Medical's fundamental strength.
Latest Tenon Medical's Research Development Growth Pattern
Below is the plot of the Research Development of Tenon Medical over the last few years. It is Tenon Medical's Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenon Medical's overall financial position and show how it may be relating to other accounts over time.
| Research Development | 10 Years Trend |
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Research Development |
| Timeline |
Tenon Research Development Regression Statistics
| Arithmetic Mean | 1,131,819 | |
| Geometric Mean | 705,397 | |
| Coefficient Of Variation | 99.61 | |
| Mean Deviation | 1,001,609 | |
| Median | 371,545 | |
| Standard Deviation | 1,127,458 | |
| Sample Variance | 1.3T | |
| Range | 2.9M | |
| R-Value | 0.79 | |
| Mean Square Error | 502.2B | |
| R-Squared | 0.63 | |
| Significance | 0.0001 | |
| Slope | 177,167 | |
| Total Sum of Squares | 20.3T |
Tenon Research Development History
About Tenon Medical Financial Statements
Tenon Medical investors utilize fundamental indicators, such as Research Development, to predict how Tenon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Research Development | 3 M | 2 M |
Pair Trading with Tenon Medical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tenon Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tenon Medical will appreciate offsetting losses from the drop in the long position's value.Moving together with Tenon Stock
Moving against Tenon Stock
| 0.81 | VMD | Viemed Healthcare | PairCorr |
| 0.77 | QIPT | Quipt Home Medical Earnings Call This Week | PairCorr |
| 0.74 | 4DX | 4DMEDICAL | PairCorr |
| 0.43 | AMS | Advanced Medical Sol | PairCorr |
| 0.32 | TRLS | Trellus Health plc | PairCorr |
The ability to find closely correlated positions to Tenon Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tenon Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tenon Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tenon Medical to buy it.
The correlation of Tenon Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tenon Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tenon Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tenon Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Tenon Medical Correlation against competitors. To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Will Health Care Equipment & Supplies sector continue expanding? Could Tenon diversify its offerings? Factors like these will boost the valuation of Tenon Medical. If investors know Tenon will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tenon Medical data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share 5.52 | Revenue Per Share | Quarterly Revenue Growth (0.37) | Return On Assets | Return On Equity |
Investors evaluate Tenon Medical using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Tenon Medical's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Tenon Medical's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Tenon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Tenon Medical's market price signifies the transaction level at which participants voluntarily complete trades.