Heartbeam Stock Buy Hold or Sell Recommendation
| BEAT Stock | USD 2.80 0.03 1.06% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Heartbeam is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Heartbeam given historical horizon and risk tolerance towards Heartbeam. When Macroaxis issues a 'buy' or 'sell' recommendation for Heartbeam, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Heartbeam Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam guide. Note, we conduct extensive research on individual companies such as Heartbeam and provide practical buy, sell, or hold advice based on investors' constraints. Heartbeam. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Heartbeam |
Execute Heartbeam Buy or Sell Advice
The Heartbeam recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Heartbeam. Macroaxis does not own or have any residual interests in Heartbeam or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Heartbeam's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Heartbeam Trading Alerts and Improvement Suggestions
| Heartbeam had very high historical volatility over the last 90 days | |
| Net Loss for the year was (14.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Heartbeam currently holds about 9.27 M in cash with (12.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: E-commerce Software Stocks Q3 Teardown Wix Vs The Rest |
Heartbeam Returns Distribution Density
The distribution of Heartbeam's historical returns is an attempt to chart the uncertainty of Heartbeam's future price movements. The chart of the probability distribution of Heartbeam daily returns describes the distribution of returns around its average expected value. We use Heartbeam price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Heartbeam returns is essential to provide solid investment advice for Heartbeam.
| Mean Return | 0.38 | Value At Risk | -6.23 | Potential Upside | 10.30 | Standard Deviation | 4.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Heartbeam historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Heartbeam Stock Institutional Investors
The Heartbeam's institutional investors refer to entities that pool money to purchase Heartbeam's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Pasadena Private Wealth, Llc | 2024-09-30 | 60.6 K | Blackrock Inc | 2024-06-30 | 51.4 K | Advisory Research Inc | 2024-09-30 | 50 K | Northern Trust Corp | 2024-09-30 | 46.8 K | D'orazio & Associates Inc | 2024-09-30 | 33 K | Xtx Topco Ltd | 2024-09-30 | 14.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 14.5 K | Harbour Investments, Inc. | 2024-09-30 | 14.2 K | Advisor Group Holdings, Inc. | 2024-06-30 | 11.6 K | Vanguard Group Inc | 2024-09-30 | 750.7 K | Smith, Salley & Associates, Llc | 2024-09-30 | 250 K |
Heartbeam Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (12K) | 19K | 13.2M | (9.6M) | 12.6M | 13.2M | |
| Free Cash Flow | (218K) | (600K) | (3.2M) | (9.9M) | (12.3M) | (11.7M) | |
| Other Non Cash Items | 242K | 276K | 2.1M | 1.1M | 3.2M | 3.4M | |
| Capital Expenditures | 13.7M | 24.6M | 30.7M | 0.0 | 256K | 243.2K | |
| Net Income | (536K) | (1.1M) | (4.4M) | (13.0M) | (14.6M) | (13.9M) | |
| End Period Cash Flow | 5K | 24K | 13.2M | 3.6M | 16.2M | 18.6M |
Heartbeam Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Heartbeam or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Heartbeam's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Heartbeam stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 1.15 | |
σ | Overall volatility | 4.65 | |
Ir | Information ratio | 0.06 |
Heartbeam Volatility Alert
Heartbeam shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Heartbeam's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Heartbeam's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Heartbeam Fundamentals Vs Peers
Comparing Heartbeam's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Heartbeam's direct or indirect competition across all of the common fundamentals between Heartbeam and the related equities. This way, we can detect undervalued stocks with similar characteristics as Heartbeam or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Heartbeam's fundamental indicators could also be used in its relative valuation, which is a method of valuing Heartbeam by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Heartbeam to competition |
| Fundamentals | Heartbeam | Peer Average |
| Return On Equity | -1.14 | -0.31 |
| Return On Asset | -0.7 | -0.14 |
| Current Valuation | 69.7 M | 16.62 B |
| Shares Outstanding | 26.67 M | 571.82 M |
| Shares Owned By Insiders | 29.24 % | 10.09 % |
| Shares Owned By Institutions | 8.73 % | 39.21 % |
| Number Of Shares Shorted | 155.92 K | 4.71 M |
| Price To Earning | 149.92 X | 28.72 X |
| Price To Book | 15.72 X | 9.51 X |
| EBITDA | 675 K | 3.9 B |
| Net Income | (14.64 M) | 570.98 M |
| Cash And Equivalents | 9.27 M | 2.7 B |
| Cash Per Share | 1.16 X | 5.01 X |
| Total Debt | 1.19 M | 5.32 B |
| Debt To Equity | 0.52 % | 48.70 % |
| Current Ratio | 12.65 X | 2.16 X |
| Book Value Per Share | 0.60 X | 1.93 K |
| Cash Flow From Operations | (12.09 M) | 971.22 M |
| Short Ratio | 1.64 X | 4.00 X |
| Earnings Per Share | (0.68) X | 3.12 X |
| Price To Earnings To Growth | 1.67 X | 4.89 X |
| Target Price | 5.0 | |
| Number Of Employees | 15 | 18.84 K |
| Beta | -0.99 | -0.15 |
| Market Capitalization | 75.46 M | 19.03 B |
| Total Asset | 17.13 M | 29.47 B |
| Retained Earnings | (36.83 M) | 9.33 B |
| Working Capital | 15.63 M | 1.48 B |
| Current Asset | 47.05 M | 9.34 B |
| Current Liabilities | 23.89 M | 7.9 B |
| Net Asset | 17.13 M |
Note: Disposition of 5000 shares by De Urioste George of Heartbeam at 2.46 subject to Rule 16b-3 [view details]
Heartbeam Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Heartbeam . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6479.55 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2.87 | |||
| Day Typical Price | 2.85 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.03) |
About Heartbeam Buy or Sell Advice
When is the right time to buy or sell Heartbeam? Buying financial instruments such as Heartbeam Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Additional Tools for Heartbeam Stock Analysis
When running Heartbeam's price analysis, check to measure Heartbeam'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 Heartbeam is operating at the current time. Most of Heartbeam's value examination focuses on studying past and present price action to predict the probability of Heartbeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam's price. Additionally, you may evaluate how the addition of Heartbeam to your portfolios can decrease your overall portfolio volatility.