Is OneMedNet Corp Stock a Good Investment?
OneMedNet Corp Investment Advice | ONMDW |
- Examine OneMedNet Corp'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 OneMedNet Corp's leadership team and their track record. Good management can help OneMedNet Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Technology space and any emerging trends that could impact OneMedNet Corp's business and its evolving consumer preferences.
- Compare OneMedNet Corp's performance and market position to its competitors. Analyze how OneMedNet Corp is positioned in terms of product offerings, innovation, and market share.
- Check if OneMedNet Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about OneMedNet Corp'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 OneMedNet Corp 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 OneMedNet Corp is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine OneMedNet Corp Stock
Researching OneMedNet Corp'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). The company had not issued any dividends in recent years.
To determine if OneMedNet Corp 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 OneMedNet Corp's research are outlined below:
OneMedNet Corp generated a negative expected return over the last 90 days | |
OneMedNet Corp has high historical volatility and very poor performance | |
OneMedNet Corp has some characteristics of a very speculative penny stock | |
OneMedNet Corp has high likelihood to experience some financial distress in the next 2 years | |
The company reported the revenue of 1.02 M. Net Loss for the year was (23.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
OneMedNet Corp has a poor financial position based on the latest SEC disclosures | |
Latest headline from news.google.com: OneMedNet Joins Bitcoin Rush, Acquires 34 BTC Following MicroStrategys Lead ONMD Stock News - StockTitan |
OneMedNet Corp Quarterly Liabilities And Stockholders Equity |
|
OneMedNet Corp's profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (50.11) | (47.61) | |
Return On Capital Employed | 0.68 | 1.24 | |
Return On Assets | (50.11) | (47.61) | |
Return On Equity | 1.80 | 1.89 |
Determining OneMedNet Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if OneMedNet Corp is a good buy. For example, gross profit margin measures OneMedNet Corp'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 OneMedNet Corp's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in OneMedNet Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of OneMedNet Corp. Check OneMedNet Corp's Beneish M Score to see the likelihood of OneMedNet Corp's management manipulating its earnings.
Evaluate OneMedNet Corp's management efficiency
The company has return on total asset (ROA) of (0.3388) % which means that it has lost $0.3388 on every $100 spent on assets. This is way below average. OneMedNet Corp's management efficiency ratios could be used to measure how well OneMedNet Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, OneMedNet Corp's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 1.89 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (47.61). At this time, OneMedNet Corp's Total Assets are fairly stable compared to the past year. Other Assets is likely to climb to 1.21 in 2024, whereas Other Current Assets are likely to drop slightly above 157.3 K in 2024.Last Reported | Projected for Next Year | ||
Enterprise Value Over EBITDA | (479.77) | (455.78) | |
Price Book Value Ratio | (446.21) | (423.90) | |
Enterprise Value Multiple | (479.77) | (455.78) | |
Price Fair Value | (446.21) | (423.90) | |
Enterprise Value | 54.3 M | 43.7 M |
Management at OneMedNet Corp focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta 0.61 |
Basic technical analysis of OneMedNet Stock
As of the 25th of November, OneMedNet Corp holds the Coefficient Of Variation of 2168.58, semi deviation of 12.02, and Risk Adjusted Performance of 0.045. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OneMedNet Corp, as well as the relationship between them. Please check OneMedNet Corp information ratio, as well as the relationship between the potential upside and kurtosis to decide if OneMedNet Corp is priced some-what accurately, providing market reflects its current price of 0.0272 per share. As OneMedNet Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.Understand OneMedNet Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing OneMedNet Corp'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 | 0.045 | |||
Market Risk Adjusted Performance | (0.53) | |||
Mean Deviation | 11.59 | |||
Semi Deviation | 12.02 | |||
Downside Deviation | 14.44 | |||
Coefficient Of Variation | 2168.58 | |||
Standard Deviation | 19.79 | |||
Variance | 391.6 | |||
Information Ratio | 0.0395 | |||
Jensen Alpha | 1.11 | |||
Total Risk Alpha | (2.21) | |||
Sortino Ratio | 0.0541 | |||
Treynor Ratio | (0.54) | |||
Maximum Drawdown | 138.06 | |||
Value At Risk | (23.20) | |||
Potential Upside | 21.84 | |||
Downside Variance | 208.59 | |||
Semi Variance | 144.59 | |||
Expected Short fall | (16.79) | |||
Skewness | 2.69 | |||
Kurtosis | 12.58 |
Risk Adjusted Performance | 0.045 | |||
Market Risk Adjusted Performance | (0.53) | |||
Mean Deviation | 11.59 | |||
Semi Deviation | 12.02 | |||
Downside Deviation | 14.44 | |||
Coefficient Of Variation | 2168.58 | |||
Standard Deviation | 19.79 | |||
Variance | 391.6 | |||
Information Ratio | 0.0395 | |||
Jensen Alpha | 1.11 | |||
Total Risk Alpha | (2.21) | |||
Sortino Ratio | 0.0541 | |||
Treynor Ratio | (0.54) | |||
Maximum Drawdown | 138.06 | |||
Value At Risk | (23.20) | |||
Potential Upside | 21.84 | |||
Downside Variance | 208.59 | |||
Semi Variance | 144.59 | |||
Expected Short fall | (16.79) | |||
Skewness | 2.69 | |||
Kurtosis | 12.58 |
Consider OneMedNet Corp's intraday indicators
OneMedNet Corp 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 OneMedNet Corp 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.
OneMedNet Corp time-series forecasting models is one of many OneMedNet Corp'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 OneMedNet Corp'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.
OneMedNet Stock media impact
Far too much social signal, news, headlines, and media speculation about OneMedNet Corp that are available to investors today. That information is available publicly through OneMedNet media outlets and privately through word of mouth or via OneMedNet internal channels. However, regardless of the origin, that massive amount of OneMedNet 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 OneMedNet Corp 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 OneMedNet Corp 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 OneMedNet Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive OneMedNet Corp alpha.
OneMedNet Corp Corporate Executives
Elected by the shareholders, the OneMedNet Corp's board of directors comprises two types of representatives: OneMedNet Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OneMedNet. The board's role is to monitor OneMedNet Corp's management team and ensure that shareholders' interests are well served. OneMedNet Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OneMedNet Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lisa Embree | CFO Finance | Profile |
Additional Tools for OneMedNet Stock Analysis
When running OneMedNet Corp's price analysis, check to measure OneMedNet Corp'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 OneMedNet Corp is operating at the current time. Most of OneMedNet Corp's value examination focuses on studying past and present price action to predict the probability of OneMedNet Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneMedNet Corp's price. Additionally, you may evaluate how the addition of OneMedNet Corp to your portfolios can decrease your overall portfolio volatility.