Outset Medical Stock Alpha and Beta Analysis
| OM Stock | USD 0.90 0.06 7.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Outset Medical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Outset Medical over a specified time horizon. Remember, high Outset Medical's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Outset Medical's market risk premium analysis include:
Beta 1.01 | Alpha 0.48 | Risk 7.3 | Sharpe Ratio 0.11 | Expected Return 0.83 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Outset |
Outset Medical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Outset Medical market risk premium is the additional return an investor will receive from holding Outset Medical long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Outset Medical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Outset Medical's performance over market.| α | 0.48 | β | 1.01 |
Outset Medical expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Outset Medical's Buy-and-hold return. Our buy-and-hold chart shows how Outset Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Outset Medical Market Price Analysis
Market price analysis indicators help investors to evaluate how Outset Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Outset Medical shares will generate the highest return on investment. By understating and applying Outset Medical stock market price indicators, traders can identify Outset Medical position entry and exit signals to maximize returns.
Outset Medical Return and Market Media
The median price of Outset Medical for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.6 with a coefficient of variation of 17.53. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 0.62, and mean deviation of 0.08. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Levi Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 28, 2024 in Outset Medical, Inc. Lawsuit OM | 10/16/2024 |
2 | New Research Highlights Improvements in Quality of Life and Caregiver Experience for Home Hemodialysis Patients Using Tablo | 10/23/2024 |
3 | Outset Medical, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before October 28, 2024 to Discuss Your Rights - OM | 10/28/2024 |
4 | Outset Medical Inc Q3 2024 Earnings Report Preview What To Look For | 11/05/2024 |
5 | Outset Medical Reports Third Quarter 2024 Financial Results | 11/06/2024 |
6 | Osisko Metals Hits New 52-Week High Still a Buy | 11/08/2024 |
7 | Outset Medicals SWOT analysis stock upgrade amid commercial transformation | 11/12/2024 |
8 | Prosecutors ask for life sentence over gun murder | 11/14/2024 |
9 | Outset Medical CEO sells 4,516 in stock | 11/18/2024 |
10 | Why Cryptocurrencies and Crypto Stocks Were Bouncing Higher on Tuesday | 11/19/2024 |
About Outset Medical Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Outset or other stocks. Alpha measures the amount that position in Outset Medical has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 53.88 | 161.76 | 17.4 | 33.98 | Days Of Inventory On Hand | 150.56 | 192.62 | 177.2 | 108.5 |
Outset Medical Upcoming Company Events
As portrayed in its financial statements, the presentation of Outset Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Outset Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Outset Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Outset Medical. Please utilize our Beneish M Score to check the likelihood of Outset Medical's management manipulating its earnings.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Outset Medical
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Outset Medical Backtesting, Outset Medical Valuation, Outset Medical Correlation, Outset Medical Hype Analysis, Outset Medical Volatility, Outset Medical History and analyze Outset Medical Performance. To learn how to invest in Outset Stock, please use our How to Invest in Outset Medical guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Outset Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.