Tactile Systems Technology Stock Performance
| TCMD Stock | USD 17.17 0.52 2.94% |
Tactile Systems has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tactile Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tactile Systems is expected to be smaller as well. Tactile Systems Tech right now has a risk of 2.54%. Please validate Tactile Systems jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Tactile Systems will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Tactile Systems Technology are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, Tactile Systems may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
| Begin Period Cash Flow | 21.9 M |
Tactile |
Tactile Systems Relative Risk vs. Return Landscape
If you would invest 1,596 in Tactile Systems Technology on November 9, 2024 and sell it today you would earn a total of 121.00 from holding Tactile Systems Technology or generate 7.58% return on investment over 90 days. Tactile Systems Technology is currently generating 0.1548% in daily expected returns and assumes 2.542% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of stocks are less volatile than Tactile, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Tactile Systems Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tactile Systems' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tactile Systems Technology, and traders can use it to determine the average amount a Tactile Systems' 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 = 0.0609
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Tactile Systems 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 Tactile Systems by adding it to a well-diversified portfolio.
Tactile Systems Fundamentals Growth
Tactile Stock prices reflect investors' perceptions of the future prospects and financial health of Tactile Systems, and Tactile Systems 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 Tactile Stock performance.
| Return On Equity | 0.0791 | ||||
| Return On Asset | 0.0462 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 374.97 M | ||||
| Shares Outstanding | 24 M | ||||
| Price To Earning | 23.07 X | ||||
| Price To Book | 2.04 X | ||||
| Price To Sales | 1.49 X | ||||
| Revenue | 274.42 M | ||||
| EBITDA | 24.54 M | ||||
| Cash And Equivalents | 23.35 M | ||||
| Cash Per Share | 1.16 X | ||||
| Total Debt | 50.38 M | ||||
| Debt To Equity | 0.66 % | ||||
| Book Value Per Share | 8.66 X | ||||
| Cash Flow From Operations | 35.85 M | ||||
| Earnings Per Share | 0.65 X | ||||
| Total Asset | 281.44 M | ||||
| Retained Earnings | 18.89 M | ||||
| Current Asset | 64.23 M | ||||
| Current Liabilities | 13.79 M | ||||
About Tactile Systems Performance
By analyzing Tactile Systems' fundamental ratios, stakeholders can gain valuable insights into Tactile Systems' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tactile Systems 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 Tactile Systems has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota. Tactile Systems operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 988 people.Things to note about Tactile Systems Tech performance evaluation
Checking the ongoing alerts about Tactile Systems for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tactile Systems Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 100.0% of the company shares are owned by institutional investors |
- Analyzing Tactile Systems' 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 Tactile Systems' stock is overvalued or undervalued compared to its peers.
- Examining Tactile Systems' 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 Tactile Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tactile Systems' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tactile Systems' stock. These opinions can provide insight into Tactile Systems' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tactile Stock analysis
When running Tactile Systems' price analysis, check to measure Tactile Systems' 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 Tactile Systems is operating at the current time. Most of Tactile Systems' value examination focuses on studying past and present price action to predict the probability of Tactile Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tactile Systems' price. Additionally, you may evaluate how the addition of Tactile Systems to your portfolios can decrease your overall portfolio volatility.
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