Resmed (Australia) Performance
| RMD Stock | 38.59 0.48 1.26% |
Resmed has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.0679, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Resmed are expected to decrease at a much lower rate. During the bear market, Resmed is likely to outperform the market. Resmed Inc DRC right now holds a risk of 1.52%. Please check Resmed Inc DRC maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Resmed Inc DRC will be following its historical price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Resmed Inc DRC are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain fundamental indicators, Resmed may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0084 | Payout Ratio 0.7223 | Last Split Factor 2:1 | Forward Dividend Rate 0.32 | Ex Dividend Date 2024-11-06 |
1 | Australia stocks higher at close of trade SPASX 200 up 0.06 percent - MSN | 10/24/2024 |
2 | Australia shares higher at close of trade SPASX 200 up 0.06 percent - MSN | 11/20/2024 |
| Begin Period Cash Flow | 227.9 M |
Resmed |
Resmed Relative Risk vs. Return Landscape
If you would invest 3,596 in Resmed Inc DRC on August 31, 2024 and sell it today you would earn a total of 263.00 from holding Resmed Inc DRC or generate 7.31% return on investment over 90 days. Resmed Inc DRC is generating 0.12% of daily returns assuming 1.523% volatility of returns over the 90 days investment horizon. Simply put, 13% of all stocks have less volatile historical return distribution than Resmed, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Resmed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Resmed's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Resmed Inc DRC, and traders can use it to determine the average amount a Resmed'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 = 0.0788
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Resmed is performing at about 6% 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 Resmed by adding it to a well-diversified portfolio.
Resmed Fundamentals Growth
Resmed Stock prices reflect investors' perceptions of the future prospects and financial health of Resmed, and Resmed 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 Resmed Stock performance.
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 57.19 B | ||||
| Shares Outstanding | 1.47 B | ||||
| Price To Book | 7.06 X | ||||
| Price To Sales | 11.73 X | ||||
| Revenue | 4.69 B | ||||
| Gross Profit | 2.39 B | ||||
| EBITDA | 1.53 B | ||||
| Net Income | 1.02 B | ||||
| Cash And Equivalents | 273.71 M | ||||
| Total Debt | 873.93 M | ||||
| Book Value Per Share | 35.39 X | ||||
| Cash Flow From Operations | 1.4 B | ||||
| Earnings Per Share | 1.17 X | ||||
| Total Asset | 6.87 B | ||||
| Retained Earnings | 4.99 B | ||||
About Resmed Performance
Assessing Resmed's fundamental ratios provides investors with valuable insights into Resmed's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Resmed 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.
Resmed is entity of Australia. It is traded as Stock on AU exchange.Things to note about Resmed Inc DRC performance evaluation
Checking the ongoing alerts about Resmed for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Resmed Inc DRC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Resmed Inc DRC is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Australia shares higher at close of trade SPASX 200 up 0.06 percent - MSN |
- Analyzing Resmed'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 Resmed's stock is overvalued or undervalued compared to its peers.
- Examining Resmed'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 Resmed's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Resmed's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Resmed's stock. These opinions can provide insight into Resmed's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Resmed Stock Analysis
When running Resmed's price analysis, check to measure Resmed'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 Resmed is operating at the current time. Most of Resmed's value examination focuses on studying past and present price action to predict the probability of Resmed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resmed's price. Additionally, you may evaluate how the addition of Resmed to your portfolios can decrease your overall portfolio volatility.