Elutia Inc Stock Performance
| ELUT Stock | 4.40 0.02 0.46% |
On a scale of 0 to 100, Elutia holds a performance score of 4. The firm shows a Beta (market volatility) of 0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elutia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elutia is expected to be smaller as well. Please check Elutia's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Elutia's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Elutia Inc are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Elutia unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 17 M | |
| Free Cash Flow | -22.1 M |
Elutia |
Elutia Relative Risk vs. Return Landscape
If you would invest 400.00 in Elutia Inc on August 24, 2024 and sell it today you would earn a total of 40.00 from holding Elutia Inc or generate 10.0% return on investment over 90 days. Elutia Inc is currently generating 0.2293% in daily expected returns and assumes 4.1541% risk (volatility on return distribution) over the 90 days horizon. In different words, 36% of stocks are less volatile than Elutia, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Elutia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elutia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elutia Inc, and traders can use it to determine the average amount a Elutia'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 = 0.0552
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Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Elutia is performing at about 4% 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 Elutia by adding it to a well-diversified portfolio.
Elutia Fundamentals Growth
Elutia Stock prices reflect investors' perceptions of the future prospects and financial health of Elutia, and Elutia 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 Elutia Stock performance.
| Return On Asset | -0.29 | ||||
| Profit Margin | (2.61) % | ||||
| Operating Margin | (0.99) % | ||||
| Current Valuation | 148.77 M | ||||
| Shares Outstanding | 30.25 M | ||||
| Price To Sales | 6.06 X | ||||
| Revenue | 24.75 M | ||||
| EBITDA | (31.92 M) | ||||
| Total Debt | 23.95 M | ||||
| Book Value Per Share | (1.66) X | ||||
| Cash Flow From Operations | (21.76 M) | ||||
| Earnings Per Share | (2.35) X | ||||
| Total Asset | 43.43 M | ||||
| Retained Earnings | (175.64 M) | ||||
About Elutia Performance
Assessing Elutia's fundamental ratios provides investors with valuable insights into Elutia's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Elutia 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.
Things to note about Elutia Inc performance evaluation
Checking the ongoing alerts about Elutia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elutia Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elutia Inc had very high historical volatility over the last 90 days | |
| Elutia Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 24.75 M. Net Loss for the year was (37.66 M) with profit before overhead, payroll, taxes, and interest of 19.22 M. | |
| Elutia generates negative cash flow from operations | |
| About 72.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Elutia'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 Elutia's stock is overvalued or undervalued compared to its peers.
- Examining Elutia'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 Elutia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elutia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elutia's stock. These opinions can provide insight into Elutia's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elutia Stock Analysis
When running Elutia's price analysis, check to measure Elutia'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 Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.