Stereotaxis Stock Market Value
| STXS Stock | USD 2.29 0.03 1.33% |
| Symbol | Stereotaxis |
Stereotaxis Price To Book Ratio
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 Stereotaxis. If investors know Stereotaxis 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 Stereotaxis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.299 | Quarterly Revenue Growth 0.179 | Return On Assets (0.29) | Return On Equity (1.06) |
The market value of Stereotaxis is measured differently than its book value, which is the value of Stereotaxis that is recorded on the company's balance sheet. Investors also form their own opinion of Stereotaxis' value that differs from its market value or its book value, called intrinsic value, which is Stereotaxis' 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 Stereotaxis' market value can be influenced by many factors that don't directly affect Stereotaxis' 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 Stereotaxis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stereotaxis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stereotaxis' 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.
Stereotaxis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Stereotaxis' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Stereotaxis.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Stereotaxis on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Stereotaxis or generate 0.0% return on investment in Stereotaxis over 90 days. Stereotaxis is related to or competes with Nutex Health, and Mangoceuticals, Common. Stereotaxis, Inc. designs, manufactures, and markets robotic systems, instruments, and information systems for the inter... More
Stereotaxis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Stereotaxis' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Stereotaxis upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 27.16 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 4.19 |
Stereotaxis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stereotaxis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stereotaxis' standard deviation. In reality, there are many statistical measures that can use Stereotaxis historical prices to predict the future Stereotaxis' volatility.| Risk Adjusted Performance | 0.019 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0644 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stereotaxis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Stereotaxis Backtested Returns
Currently, Stereotaxis is risky. Stereotaxis owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0258, which indicates the firm had a 0.0258% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Stereotaxis, which you can use to evaluate the volatility of the company. Please validate Stereotaxis' Semi Deviation of 2.97, coefficient of variation of 7052.81, and Risk Adjusted Performance of 0.019 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Stereotaxis has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stereotaxis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Stereotaxis is expected to be smaller as well. Stereotaxis right now has a risk of 4.1%. Please validate Stereotaxis sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Stereotaxis will be following its existing price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
Stereotaxis has poor reverse predictability. Overlapping area represents the amount of predictability between Stereotaxis time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Stereotaxis price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Stereotaxis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Stereotaxis lagged returns against current returns
Autocorrelation, which is Stereotaxis stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Stereotaxis' stock expected returns. We can calculate the autocorrelation of Stereotaxis returns to help us make a trade decision. For example, suppose you find that Stereotaxis has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Stereotaxis regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Stereotaxis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stereotaxis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stereotaxis stock over time.
Current vs Lagged Prices |
| Timeline |
Stereotaxis Lagged Returns
When evaluating Stereotaxis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stereotaxis stock have on its future price. Stereotaxis autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Stereotaxis autocorrelation shows the relationship between Stereotaxis stock current value and its past values and can show if there is a momentum factor associated with investing in Stereotaxis.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Stereotaxis Stock Analysis
When running Stereotaxis' price analysis, check to measure Stereotaxis' 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 Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.