Movano Inc Stock Performance
| MOVE Stock | USD 5.39 1.79 49.72% |
On a scale of 0 to 100, Movano holds a performance score of 5. The company secures a Beta (Market Risk) of 1.66, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Movano will likely underperform. Please check Movano's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Movano's current price movements will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Movano Inc are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather abnormal basic indicators, Movano exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 49.72 | Five Day Return 72.76 | Year To Date Return (55.93) | Ten Year Return (94.56) | All Time Return (94.56) |
Last Split Factor 1:15 | Last Split Date 2024-10-29 |
1 | Evie, Movano Healths Smart Ring for Women, is Back In Stock with Key Upgrades | 09/17/2024 |
2 | Move Concierge Announces Partnership with Real Estate Brokerage Platform Side | 10/08/2024 |
3 | Movement Labs unveils finalists for Web3 hackathon with 2M in prizes | 10/10/2024 |
4 | Movano Health Plans Response Submission to FDA Next Week as Part of EvieMED Final Review Phase | 10/24/2024 |
5 | Movano Health Announces Reverse Stock Split | 10/25/2024 |
6 | Armanino Receives 2024 MOVE Project Award for Best Firm for Women and Equity Leadership | 11/04/2024 |
7 | SPX 500 Downside tail-risk protection activities prevail on the eve of the US presidential election - MarketPulse | 11/05/2024 |
8 | Movano Health Announces Completion of Clinical Study with Cuffless RF Blood Pressure Device | 11/07/2024 |
9 | Movano Inc. Q3 2024 Earnings Call Transcript | 11/15/2024 |
10 | Academy Medtech Ventures Launches Move PT An AI-Powered Platform Transforming Rehabilitation and Patient Care | 11/21/2024 |
| Begin Period Cash Flow | 10.8 M |
Movano |
Movano Relative Risk vs. Return Landscape
If you would invest 449.00 in Movano Inc on August 31, 2024 and sell it today you would earn a total of 90.00 from holding Movano Inc or generate 20.04% return on investment over 90 days. Movano Inc is currently generating 0.6039% in daily expected returns and assumes 8.4489% risk (volatility on return distribution) over the 90 days horizon. In different words, 75% of stocks are less volatile than Movano, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Movano Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Movano's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Movano Inc, and traders can use it to determine the average amount a Movano'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 = 0.0715
| Best Portfolio | Best Equity | |||
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| Small Returns | MOVE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.45 actual daily | 75 75% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Movano is performing at about 5% 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 Movano by adding it to a well-diversified portfolio.
Movano Fundamentals Growth
Movano Stock prices reflect investors' perceptions of the future prospects and financial health of Movano, and Movano 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 Movano Stock performance.
| Return On Equity | -1.81 | ||||
| Return On Asset | -0.89 | ||||
| Operating Margin | (31.99) % | ||||
| Current Valuation | 24.58 M | ||||
| Shares Outstanding | 6.6 M | ||||
| Price To Earning | 39.53 X | ||||
| Price To Book | 3.49 X | ||||
| Price To Sales | 41.97 X | ||||
| EBITDA | (29.12 M) | ||||
| Net Income | (29.28 M) | ||||
| Cash And Equivalents | 21.3 M | ||||
| Cash Per Share | 0.65 X | ||||
| Total Debt | 217 K | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 6.78 X | ||||
| Book Value Per Share | 2.54 X | ||||
| Cash Flow From Operations | (26.18 M) | ||||
| Earnings Per Share | (5.80) X | ||||
| Market Capitalization | 27.72 M | ||||
| Total Asset | 9.42 M | ||||
| Retained Earnings | (124.38 M) | ||||
| Working Capital | 2.62 M | ||||
| Current Asset | 138.64 M | ||||
| Current Liabilities | 40.62 M | ||||
About Movano Performance
By analyzing Movano's fundamental ratios, stakeholders can gain valuable insights into Movano's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Movano has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Movano has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.3 K | 2.4 K | |
| Return On Tangible Assets | (3.11) | (3.26) | |
| Return On Capital Employed | (8.43) | (8.01) | |
| Return On Assets | (3.11) | (3.26) | |
| Return On Equity | (8.49) | (8.07) |
Things to note about Movano Inc performance evaluation
Checking the ongoing alerts about Movano for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Movano Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Movano Inc is way too risky over 90 days horizon | |
| Movano Inc appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (29.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Movano Inc currently holds about 21.3 M in cash with (26.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65. | |
| Movano Inc has a frail financial position based on the latest SEC disclosures | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Academy Medtech Ventures Launches Move PT An AI-Powered Platform Transforming Rehabilitation and Patient Care |
- Analyzing Movano'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 Movano's stock is overvalued or undervalued compared to its peers.
- Examining Movano'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 Movano's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Movano's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Movano's stock. These opinions can provide insight into Movano's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Movano Stock analysis
When running Movano's price analysis, check to measure Movano's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Movano is operating at the current time. Most of Movano's value examination focuses on studying past and present price action to predict the probability of Movano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movano's price. Additionally, you may evaluate how the addition of Movano to your portfolios can decrease your overall portfolio volatility.
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