ConforMIS Performance
| CFMSDelisted Stock | USD 2.23 0.01 0.45% |
The firm shows a Beta (market volatility) of -2.5, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ConforMIS are expected to decrease by larger amounts. On the other hand, during market turmoil, ConforMIS is expected to outperform it. ConforMIS right now shows a risk of 0.0%. Please confirm ConforMIS semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if ConforMIS will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days ConforMIS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable primary indicators, ConforMIS is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 101.1 M |
ConforMIS |
ConforMIS Relative Risk vs. Return Landscape
If you would invest 223.00 in ConforMIS on September 3, 2024 and sell it today you would earn a total of 0.00 from holding ConforMIS or generate 0.0% return on investment over 90 days. ConforMIS is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than ConforMIS, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ConforMIS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ConforMIS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ConforMIS, and traders can use it to determine the average amount a ConforMIS'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 ConforMIS 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 ConforMIS by adding ConforMIS to a well-diversified portfolio.
ConforMIS Fundamentals Growth
ConforMIS Stock prices reflect investors' perceptions of the future prospects and financial health of ConforMIS, and ConforMIS 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 ConforMIS Stock performance.
| Return On Equity | -0.79 | |||
| Return On Asset | -0.27 | |||
| Profit Margin | (0.73) % | |||
| Operating Margin | (0.71) % | |||
| Current Valuation | 18.21 M | |||
| Shares Outstanding | 7.88 M | |||
| Price To Earning | 5.96 X | |||
| Price To Book | 0.37 X | |||
| Price To Sales | 0.39 X | |||
| Revenue | 62.05 M | |||
| EBITDA | (46.23 M) | |||
| Cash And Equivalents | 72.64 M | |||
| Cash Per Share | 0.39 X | |||
| Total Debt | 27.5 M | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 4.07 X | |||
| Cash Flow From Operations | (50.15 M) | |||
| Earnings Per Share | (5.70) X | |||
| Total Asset | 94.05 M | |||
| Retained Earnings | (581.32 M) | |||
| Current Asset | 146.02 M | |||
| Current Liabilities | 13.13 M | |||
About ConforMIS Performance
Assessing ConforMIS's fundamental ratios provides investors with valuable insights into ConforMIS's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ConforMIS 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.
Conformis, Inc., a medical technology company, develops, manufactures, and sells patient-specific products and instrumentation. Conformis, Inc. was incorporated in 2004 and is headquartered in Billerica, Massachusetts. Conformis Inc operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 310 people.Things to note about ConforMIS performance evaluation
Checking the ongoing alerts about ConforMIS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ConforMIS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ConforMIS is not yet fully synchronised with the market data | |
| ConforMIS has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 62.05 M. Net Loss for the year was (50.47 M) with profit before overhead, payroll, taxes, and interest of 23.21 M. | |
| ConforMIS currently holds about 72.64 M in cash with (50.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39. |
- Analyzing ConforMIS'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 ConforMIS's stock is overvalued or undervalued compared to its peers.
- Examining ConforMIS'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 ConforMIS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ConforMIS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ConforMIS's stock. These opinions can provide insight into ConforMIS's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities 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 population. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in ConforMIS Stock
If you are still planning to invest in ConforMIS 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 ConforMIS's history and understand the potential risks before investing.
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