Optomed PLC (Finland) Performance
| OPTOMED Stock | EUR 4.29 0.11 2.50% |
Optomed PLC has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -1.12, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Optomed PLC are expected to decrease slowly. On the other hand, during market turmoil, Optomed PLC is expected to outperform it slightly. Optomed PLC right now holds a risk of 3.94%. Please check Optomed PLC potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Optomed PLC will be following its historical price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Optomed PLC are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Optomed PLC may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| Begin Period Cash Flow | 10.6 M | |
| Total Cashflows From Investing Activities | -2.6 M |
Optomed |
Optomed PLC Relative Risk vs. Return Landscape
If you would invest 405.00 in Optomed PLC on October 23, 2024 and sell it today you would earn a total of 24.00 from holding Optomed PLC or generate 5.93% return on investment over 90 days. Optomed PLC is generating 0.1726% of daily returns and assumes 3.9421% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Optomed, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Optomed PLC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optomed PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Optomed PLC, and traders can use it to determine the average amount a Optomed PLC'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 = 0.0438
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OPTOMED | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Optomed PLC is performing at about 3% 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 Optomed PLC by adding it to a well-diversified portfolio.
Optomed PLC Fundamentals Growth
Optomed Stock prices reflect investors' perceptions of the future prospects and financial health of Optomed PLC, and Optomed PLC 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 Optomed Stock performance.
| Return On Equity | -0.33 | |||
| Return On Asset | -0.16 | |||
| Profit Margin | (0.42) % | |||
| Operating Margin | (0.50) % | |||
| Current Valuation | 63.93 M | |||
| Shares Outstanding | 16.17 M | |||
| Price To Book | 3.59 X | |||
| Price To Sales | 4.40 X | |||
| Revenue | 14.85 M | |||
| EBITDA | (1.29 M) | |||
| Cash And Equivalents | 7.82 M | |||
| Cash Per Share | 0.58 X | |||
| Total Debt | 5.75 M | |||
| Debt To Equity | 0.35 % | |||
| Book Value Per Share | 1.17 X | |||
| Cash Flow From Operations | (2.94 M) | |||
| Earnings Per Share | (0.37) X | |||
| Total Asset | 29 M | |||
About Optomed PLC Performance
By analyzing Optomed PLC's fundamental ratios, stakeholders can gain valuable insights into Optomed PLC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Optomed PLC 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 Optomed PLC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Optomed Oyj, a medical technology company, provides handheld fundus cameras and eye-screening devices in Finland, China, and internationally. The company was founded in 2004 and is headquartered in Oulu, Finland. Optomed Plc is traded on Helsinki Exchange in Finland.Things to note about Optomed PLC performance evaluation
Checking the ongoing alerts about Optomed PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Optomed PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Optomed PLC had very high historical volatility over the last 90 days | |
| The company reported the revenue of 14.85 M. Net Loss for the year was (4.25 M) with profit before overhead, payroll, taxes, and interest of 10.02 M. | |
| Optomed PLC has accumulated about 7.82 M in cash with (2.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. |
- Analyzing Optomed PLC'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 Optomed PLC's stock is overvalued or undervalued compared to its peers.
- Examining Optomed PLC'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 Optomed PLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optomed PLC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Optomed PLC's stock. These opinions can provide insight into Optomed PLC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Optomed Stock analysis
When running Optomed PLC's price analysis, check to measure Optomed PLC'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 Optomed PLC is operating at the current time. Most of Optomed PLC's value examination focuses on studying past and present price action to predict the probability of Optomed PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optomed PLC's price. Additionally, you may evaluate how the addition of Optomed PLC to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |