Neuronetics Stock Price on November 26, 2024

STIM Stock  USD 0.97  0.08  8.99%   
Below is the normalized historical share price chart for Neuronetics extending back to June 28, 2018. 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 Neuronetics stands at 0.97, as last reported on the 26th of November, with the highest price reaching 1.04 and the lowest price hitting 0.92 during the day.
IPO Date
28th of June 2018
200 Day MA
2.1439
50 Day MA
0.902
Beta
2.216
 
Covid
If you're considering investing in Neuronetics Stock, it is important to understand the factors that can impact its price. Neuronetics appears to be dangerous, given 3 months investment horizon. Neuronetics has Sharpe Ratio of 0.0622, which conveys that the firm had a 0.0622% return per unit of risk over the last 3 months. By analyzing Neuronetics' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Neuronetics' Risk Adjusted Performance of 0.0289, mean deviation of 4.98, and Downside Deviation of 8.66 to check out if our risk estimates are consistent with your expectations.
  
At this time, Neuronetics' Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Total Equity is likely to grow to about 329.6 K, while Common Stock Shares Outstanding is likely to drop about 17.5 M. . At this time, Neuronetics' Price To Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.10, while Price Book Value Ratio is likely to drop 1.94. Neuronetics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0622

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Estimated Market Risk

 8.23
  actual daily
73
73% of assets are less volatile

Expected Return

 0.51
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Neuronetics is performing at about 4% 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 Neuronetics by adding it to a well-diversified portfolio.
Price Book
2.863
Enterprise Value Ebitda
(2.02)
Price Sales
0.3727
Shares Float
24.1 M
Wall Street Target Price
2.6667

Neuronetics Valuation on November 26, 2024

It is possible to determine the worth of Neuronetics on a given historical date. On November 26, 2024 Neuronetics was worth 0.93 at the beginning of the trading date compared to the closed value of 0.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neuronetics stock. Still, in general, we apply an absolute valuation method to find Neuronetics' 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 Neuronetics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neuronetics' related companies.
 Open High Low Close Volume
  0.85    0.93    0.84    0.89    292,263  
11/25/2024
  0.93    1.04    0.92    0.97    359,811  
Backtest Neuronetics  |  Neuronetics History  |  Neuronetics Valuation   Previous
Open Value
0.93
0.97
Closing Value
25.63
Upside

Neuronetics Trading Date Momentum on November 26, 2024

On November 25 2024 Neuronetics was traded for  0.97  at the closing time. The top price for the day was 1.04  and the lowest listed price was  0.92 . The trading volume for the day was 359.8 K. The trading history from November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.12% .

Neuronetics Fundamentals Correlations and Trends

By evaluating Neuronetics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neuronetics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neuronetics financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Neuronetics Stock history

Neuronetics 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 Neuronetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neuronetics 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 Neuronetics stock prices may prove useful in developing a viable investing in Neuronetics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding28.7 M17.5 M
Net Loss-33.4 M-35.1 M

Neuronetics Quarterly Net Working Capital

36.56 Million

Neuronetics Stock Technical Analysis

Neuronetics 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.
A focus of Neuronetics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Neuronetics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Neuronetics Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

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Neuronetics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Neuronetics November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Neuronetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neuronetics shares will generate the highest return on investment. By undertsting and applying Neuronetics stock market strength indicators, traders can identify Neuronetics entry and exit signals to maximize returns

Neuronetics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Neuronetics' price direction in advance. Along with the technical and fundamental analysis of Neuronetics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neuronetics 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.
When determining whether Neuronetics is a strong investment it is important to analyze Neuronetics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Neuronetics' future performance. For an informed investment choice regarding Neuronetics Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Neuronetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Neuronetics Stock, please use our How to Invest in Neuronetics guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Neuronetics. If investors know Neuronetics 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 Neuronetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.22)
Revenue Per Share
2.453
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.17)
Return On Equity
(1.00)
The market value of Neuronetics is measured differently than its book value, which is the value of Neuronetics that is recorded on the company's balance sheet. Investors also form their own opinion of Neuronetics' value that differs from its market value or its book value, called intrinsic value, which is Neuronetics' 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 Neuronetics' market value can be influenced by many factors that don't directly affect Neuronetics' 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 Neuronetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuronetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuronetics' 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.