Is Fonar Stock a Good Investment?
Fonar Investment Advice | FONR |
- Examine Fonar's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Fonar's leadership team and their track record. Good management can help Fonar navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Fonar's business and its evolving consumer preferences.
- Compare Fonar's performance and market position to its competitors. Analyze how Fonar is positioned in terms of product offerings, innovation, and market share.
- Check if Fonar pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Fonar's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Fonar stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Fonar is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Fonar Stock
Researching Fonar's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 50.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.58. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fonar last dividend was issued on the 18th of March 1999. The entity had 1:25 split on the 17th of April 2007.
To determine if Fonar is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Fonar's research are outlined below:
| Fonar generated a negative expected return over the last 90 days | |
| Fonar has a strong financial position based on the latest SEC filings |
Fonar uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Fonar. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Fonar's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Fonar's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 95.29 M.Fonar's profitablity analysis
The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.Determining Fonar's profitability involves analyzing its financial statements and using various financial metrics to determine if Fonar is a good buy. For example, gross profit margin measures Fonar's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Fonar's profitability and make more informed investment decisions.
Basic technical analysis of Fonar Stock
As of the 19th of January, Fonar shows the Variance of 4.48, mean deviation of 1.32, and Standard Deviation of 2.12. Fonar technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fonar variance and potential upside to decide if Fonar is priced favorably, providing market reflects its regular price of 15.22 per share. Given that Fonar has information ratio of (0.01), we urge you to verify Fonar's prevailing market performance to make sure the company can sustain itself at a future point.Fonar's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Fonar insiders, such as employees or executives, is commonly permitted as long as it does not rely on Fonar's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Fonar insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Damadian Raymond V over two months ago Disposition of 2000 shares by Damadian Raymond V of Fonar at 15.01 subject to Rule 16b-3 |
Fonar's Outstanding Corporate Bonds
Fonar issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fonar uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fonar bonds can be classified according to their maturity, which is the date when Fonar has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| International Game Technology Corp BondUS460599AD57 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Fonar's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Fonar's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0058 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 1.32 | |||
| Coefficient Of Variation | (302,226) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.48 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 13.34 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.13 | |||
| Skewness | 2.23 | |||
| Kurtosis | 10.14 |
| Risk Adjusted Performance | 0.0058 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 1.32 | |||
| Coefficient Of Variation | (302,226) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.48 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 13.34 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.13 | |||
| Skewness | 2.23 | |||
| Kurtosis | 10.14 |
Consider Fonar's intraday indicators
Fonar intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Fonar stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Fonar time-series forecasting models is one of many Fonar's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fonar's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Fonar Stock media impact
Far too much social signal, news, headlines, and media speculation about Fonar that are available to investors today. That information is available publicly through Fonar media outlets and privately through word of mouth or via Fonar internal channels. However, regardless of the origin, that massive amount of Fonar data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Fonar news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Fonar relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Fonar's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Fonar alpha.
Additional Tools for Fonar Stock Analysis
When running Fonar's price analysis, check to measure Fonar'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 Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.