Eargo, Inc Performance
| EARDelisted Stock | USD 4.00 0.10 2.44% |
The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eargo, are expected to decrease at a much lower rate. During the bear market, Eargo, is likely to outperform the market. Eargo, Inc right now shows a risk of 0.0%. Please confirm Eargo, Inc potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Eargo, Inc will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Eargo, Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Eargo, is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 88.1 M |
Eargo, |
Eargo, Relative Risk vs. Return Landscape
If you would invest 400.00 in Eargo, Inc on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Eargo, Inc or generate 0.0% return on investment over 90 days. Eargo, Inc is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Eargo,, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Eargo, Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eargo,'s investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eargo, Inc, and traders can use it to determine the average amount a Eargo,'s price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Eargo, is not performing at its full potential. However, 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 Eargo, by adding Eargo, to a well-diversified portfolio.
Eargo, Fundamentals Growth
Eargo, Stock prices reflect investors' perceptions of the future prospects and financial health of Eargo,, and Eargo, fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eargo, Stock performance.
| Return On Equity | -24.57 | |||
| Return On Asset | -0.6 | |||
| Profit Margin | (2.63) % | |||
| Operating Margin | (2.06) % | |||
| Current Valuation | 14.99 M | |||
| Shares Outstanding | 20.76 M | |||
| Price To Book | 1.18 X | |||
| Price To Sales | 1.30 X | |||
| Revenue | 41.11 M | |||
| EBITDA | (87.55 M) | |||
| Cash And Equivalents | 106.63 M | |||
| Cash Per Share | 2.71 X | |||
| Total Debt | 6.6 M | |||
| Debt To Equity | 9.52 % | |||
| Book Value Per Share | 2.17 X | |||
| Cash Flow From Operations | (75.37 M) | |||
| Earnings Per Share | 15.00 X | |||
| Total Asset | 132.08 M | |||
| Retained Earnings | (514.3 M) | |||
About Eargo, Performance
Assessing Eargo,'s fundamental ratios provides investors with valuable insights into Eargo,'s financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Eargo, is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Eargo, Inc., a medical device company, engages in enhancing the quality of life of people with hearing loss in the United States. Eargo, Inc. was incorporated in 2010 and is headquartered in San Jose, California. Eargo operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 215 people.Things to note about Eargo, Inc performance evaluation
Checking the ongoing alerts about Eargo, for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eargo, Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eargo, Inc is not yet fully synchronised with the market data | |
| Eargo, Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 41.11 M. Reported Net Loss for the year was (108.17 M) with profit before taxes, overhead, and interest of 14.26 M. | |
| Eargo, Inc has about 106.63 M in cash with (75.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.71. | |
| Over 83.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Eargo,'s financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eargo,'s stock is overvalued or undervalued compared to its peers.
- Examining Eargo,'s industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eargo,'s management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eargo,'s management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eargo,'s stock. These opinions can provide insight into Eargo,'s potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. 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. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Eargo, Stock
If you are still planning to invest in Eargo, Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eargo,'s history and understand the potential risks before investing.
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