Modular Medical Stock Performance
| MODD Stock | USD 1.04 0.04 3.70% |
The company secures a Beta (Market Risk) of 1.08, which conveys a somewhat significant risk relative to the market. Modular Medical returns are very sensitive to returns on the market. As the market goes up or down, Modular Medical is expected to follow. At this point, Modular Medical has a negative expected return of -0.46%. Please make sure to verify Modular Medical's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Modular Medical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Modular Medical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in May 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
| Begin Period Cash Flow | 3.8 M |
Modular |
Modular Medical Relative Risk vs. Return Landscape
If you would invest 145.00 in Modular Medical on January 3, 2025 and sell it today you would lose (41.00) from holding Modular Medical or give up 28.28% of portfolio value over 90 days. Modular Medical is currently does not generate positive expected returns and assumes 4.1107% risk (volatility on return distribution) over the 90 days horizon. In different words, 36% of stocks are less volatile than Modular, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Modular Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Modular Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Modular Medical, and traders can use it to determine the average amount a Modular Medical'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 = -0.112
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| Negative Returns | MODD |
Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Modular Medical 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 Modular Medical by adding Modular Medical to a well-diversified portfolio.
Modular Medical Fundamentals Growth
Modular Stock prices reflect investors' perceptions of the future prospects and financial health of Modular Medical, and Modular Medical 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 Modular Stock performance.
| Return On Equity | -2.58 | ||||
| Return On Asset | -1.25 | ||||
| Current Valuation | 37.85 M | ||||
| Shares Outstanding | 53.68 M | ||||
| Price To Book | 5.86 X | ||||
| EBITDA | (17.1 M) | ||||
| Cash And Equivalents | 13.7 M | ||||
| Cash Per Share | 1.25 X | ||||
| Total Debt | 1.19 M | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 0.25 X | ||||
| Cash Flow From Operations | (13.95 M) | ||||
| Earnings Per Share | (0.53) X | ||||
| Total Asset | 13.81 M | ||||
| Retained Earnings | (65.93 M) | ||||
About Modular Medical Performance
By analyzing Modular Medical's fundamental ratios, stakeholders can gain valuable insights into Modular Medical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Modular Medical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Modular Medical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. Modular Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 25 people.Things to note about Modular Medical performance evaluation
Checking the ongoing alerts about Modular Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Modular Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Modular Medical generated a negative expected return over the last 90 days | |
| Modular Medical has some characteristics of a very speculative penny stock | |
| Modular Medical has high historical volatility and very poor performance | |
| Net Loss for the year was (17.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Modular Medical currently holds about 13.7 M in cash with (13.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Modular Medical'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 Modular Medical's stock is overvalued or undervalued compared to its peers.
- Examining Modular Medical'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 Modular Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Modular Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Modular Medical's stock. These opinions can provide insight into Modular Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Modular Stock analysis
When running Modular Medical's price analysis, check to measure Modular Medical'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 Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
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