Outset Medical Stock Price on October 2, 2023
| OM Stock | USD 0.90 0.04 4.21% |
Below is the normalized historical share price chart for Outset Medical extending back to September 15, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Outset Medical stands at 0.90, as last reported on the 29th of November, with the highest price reaching 0.90 and the lowest price hitting 0.78 during the day.
If you're considering investing in Outset Stock, it is important to understand the factors that can impact its price. Outset Medical is very risky given 3 months investment horizon. Outset Medical maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Outset Medical Semi Deviation of 5.0, coefficient of variation of 1080.85, and Risk Adjusted Performance of 0.0798 to evaluate company specific risk that cannot be diversified away.
At this time, Outset Medical's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of November 2024, Sale Purchase Of Stock is likely to grow to about 162 M, while Total Stockholder Equity is likely to drop about 75.4 M. . At this time, Outset Medical's Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Book Ratio is likely to grow to 2.29, while Price Earnings Ratio is likely to drop (1.63). Outset Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of September 2020 | 200 Day MA 2.2391 | 50 Day MA 0.6548 | Beta 1.949 |
Outset |
Sharpe Ratio = 0.1484
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Estimated Market Risk
| 7.16 actual daily | 63 63% of assets are less volatile |
Expected Return
| 1.06 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Outset Medical is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Outset Medical by adding it to a well-diversified portfolio.
Price Book 0.9422 | Enterprise Value Ebitda (0.24) | Price Sales 0.3928 | Shares Float 48.7 M | Wall Street Target Price 3.2917 |
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Outset Medical Valuation on October 2, 2023
It is possible to determine the worth of Outset Medical on a given historical date. On October 2, 2023 Outset was worth 10.75 at the beginning of the trading date compared to the closed value of 10.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Outset Medical stock. Still, in general, we apply an absolute valuation method to find Outset Medical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Outset Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Outset Medical's related companies.
| Open | High | Low | Close | Volume | |
| 10.70 | 11.06 | 10.52 | 10.88 | 700,960 | |
10/02/2023 | 10.75 | 10.77 | 10.02 | 10.16 | 2,064,689 |
| 10.09 | 10.21 | 9.90 | 10.00 | 692,320 |
| Backtest Outset Medical | | | Outset Medical History | | | Outset Medical Valuation | Previous | Next |
Outset Medical Trading Date Momentum on October 2, 2023
| On October 03 2023 Outset Medical was traded for 10.00 at the closing time. The highest price during the trading period was 10.21 and the lowest recorded bid was listed for 9.90 . The volume for the day was 692.3 K. This history from October 3, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.57% . The trading delta at closing time to the current price is 25.20% . |
Outset Medical Fundamentals Correlations and Trends
By evaluating Outset Medical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Outset Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Outset financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Outset Medical Stock history
Outset Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Outset is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Outset Medical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Outset Medical stock prices may prove useful in developing a viable investing in Outset Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 49.6 M | 47.4 M | |
| Net Loss | -146.7 M | -154 M |
Outset Medical Quarterly Net Working Capital |
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Outset Medical Stock Technical Analysis
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.
Price Boundaries
Outset Medical Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Outset Medical November 29, 2024 Market Strength
Market strength 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 undertsting and applying Outset Medical stock market strength indicators, traders can identify Outset Medical entry and exit signals to maximize returns
Outset Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Outset Medical's price direction in advance. Along with the technical and fundamental analysis of Outset Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Outset to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0798 | |||
| Jensen Alpha | 0.5416 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0954 | |||
| Treynor Ratio | 0.6469 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outset 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 population. To learn how to invest in Outset Stock, please use our How to Invest in Outset Medical guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 Outset Medical. If investors know Outset 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 Outset 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 (2.74) | Revenue Per Share 2.235 | Quarterly Revenue Growth (0.06) | Return On Assets (0.27) | Return On Equity (1.41) |
The market value of Outset Medical is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset Medical's value that differs from its market value or its book value, called intrinsic value, which is Outset 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 Outset Medical's market value can be influenced by many factors that don't directly affect Outset 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 Outset Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset 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.