Tenon Medical Stock Buy Hold or Sell Recommendation
| TNON Stock | USD 2.52 0.02 0.79% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Tenon Medical is 'Strong Sell'. The recommendation algorithm takes into account all of Tenon Medical's available fundamental, technical, and predictive indicators you will find on this site.
Check out Tenon Medical 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. To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide. In addition, we conduct extensive research on individual companies such as Tenon and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Tenon Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Tenon |
Execute Tenon Medical Buy or Sell Advice
The Tenon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tenon Medical. Macroaxis does not own or have any residual interests in Tenon Medical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tenon Medical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Tenon Medical Trading Alerts and Improvement Suggestions
| Tenon Medical had very high historical volatility over the last 90 days | |
| Tenon Medical has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 2.93 M. Net Loss for the year was (15.58 M) with loss before overhead, payroll, taxes, and interest of (641 K). | |
| Tenon Medical currently holds about 16.02 M in cash with (12.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42. | |
| Tenon Medical has a poor financial position based on the latest SEC disclosures | |
| Latest headline from insidermonkey.com: Tenon Medical, Inc. Q3 2024 Earnings Call Transcript |
Tenon Medical Returns Distribution Density
The distribution of Tenon Medical's historical returns is an attempt to chart the uncertainty of Tenon Medical's future price movements. The chart of the probability distribution of Tenon Medical daily returns describes the distribution of returns around its average expected value. We use Tenon Medical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tenon Medical returns is essential to provide solid investment advice for Tenon Medical.
| Mean Return | 0.05 | Value At Risk | -16 | Potential Upside | 34.08 | Standard Deviation | 14.37 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tenon Medical 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.
Tenon Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Tenon Medical, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Tenon Medical back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Wells Fargo & Co | 2024-06-30 | 0.0 | Qube Research & Technologies | 2024-06-30 | 0.0 | Vanguard Group Inc | 2024-09-30 | 0.0 | Geode Capital Management, Llc | 2024-09-30 | 0.0 | Tmd Wealth Management, Llc | 2024-06-30 | 426.8 K | Spectrum Asset Management Inc | 2024-06-30 | 80.2 K | Tower Research Capital Llc | 2024-06-30 | 7.5 K | Royal Bank Of Canada | 2024-06-30 | 1.7 K | Bnp Paribas Arbitrage, Sa | 2024-06-30 | 191 | Alphamark Advisors, Llc | 2024-09-30 | 50.0 | Ubs Group Ag | 2024-06-30 | 33.0 |
Tenon Medical 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 Tenon Medical 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 Tenon Medical'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 Tenon 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 | -0.03 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 14.66 | |
Ir | Information ratio | -0.0057 |
Tenon Medical Volatility Alert
Tenon Medical is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tenon Medical'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 Tenon Medical'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.Tenon Medical Fundamentals Vs Peers
Comparing Tenon Medical'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 Tenon Medical's direct or indirect competition across all of the common fundamentals between Tenon Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tenon Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tenon Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tenon Medical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tenon Medical to competition |
| Fundamentals | Tenon Medical | Peer Average |
| Return On Equity | -15.99 | -0.31 |
| Return On Asset | -1.1 | -0.14 |
| Operating Margin | (4.30) % | (5.51) % |
| Current Valuation | 3.05 M | 16.62 B |
| Shares Outstanding | 3.14 M | 571.82 M |
| Shares Owned By Insiders | 1.70 % | 10.09 % |
| Shares Owned By Institutions | 1.79 % | 39.21 % |
| Number Of Shares Shorted | 206.66 K | 4.71 M |
| Price To Book | 1.79 X | 9.51 X |
| Price To Sales | 2.36 X | 11.42 X |
| Revenue | 2.93 M | 9.43 B |
| Gross Profit | (641 K) | 27.38 B |
| EBITDA | (15.53 M) | 3.9 B |
| Net Income | (15.58 M) | 570.98 M |
| Cash And Equivalents | 16.02 M | 2.7 B |
| Cash Per Share | 1.42 X | 5.01 X |
| Total Debt | 1.86 M | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 7.54 X | 2.16 X |
| Book Value Per Share | 2.39 X | 1.93 K |
| Cash Flow From Operations | (12.18 M) | 971.22 M |
| Short Ratio | 0.11 X | 4.00 X |
| Earnings Per Share | 287.92 X | 3.12 X |
| Target Price | 8.0 | |
| Number Of Employees | 21 | 18.84 K |
| Beta | 2.16 | -0.15 |
| Market Capitalization | 7.97 M | 19.03 B |
| Total Asset | 6.34 M | 29.47 B |
| Retained Earnings | (55.07 M) | 9.33 B |
| Working Capital | 6.82 M | 1.48 B |
| Net Asset | 6.34 M |
Note: Insider Trading [view details]
Tenon Medical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tenon . 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 | 4374.12 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2.49 | |||
| Day Typical Price | 2.5 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | (0.02) |
About Tenon Medical Buy or Sell Advice
When is the right time to buy or sell Tenon Medical? Buying financial instruments such as Tenon 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.
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Check out Tenon Medical 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. To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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 Tenon Medical. If investors know Tenon 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 Tenon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 287.92 | Revenue Per Share 9.442 | Quarterly Revenue Growth 0.213 | Return On Assets (1.10) | Return On Equity (15.99) |
The market value of Tenon Medical is measured differently than its book value, which is the value of Tenon that is recorded on the company's balance sheet. Investors also form their own opinion of Tenon Medical's value that differs from its market value or its book value, called intrinsic value, which is Tenon Medical'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 Tenon Medical's market value can be influenced by many factors that don't directly affect Tenon Medical'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 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. However, Tenon Medical'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.