Outset Medical Stock Statistic Functions Beta

OM Stock  USD 0.90  0.06  7.14%   
Outset Medical statistic functions tool provides the execution environment for running the Beta function and other technical functions against Outset Medical. Outset Medical value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Outset Medical statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Outset Medical correlated with the market. If Beta is less than 0 Outset Medical generally moves in the opposite direction as compared to the market. If Outset Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Outset Medical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Outset Medical is generally in the same direction as the market. If Beta > 1 Outset Medical moves generally in the same direction as, but more than the movement of the benchmark.

Outset Medical Technical Analysis Modules

Most technical analysis of Outset Medical help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Outset from various momentum indicators to cycle indicators. When you analyze Outset charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Outset Medical Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Outset Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Outset Medical based on widely used predictive technical indicators. In general, we focus on analyzing Outset Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Outset Medical's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Outset Medical's intrinsic value. In addition to deriving basic predictive indicators for Outset Medical, we also check how macroeconomic factors affect Outset Medical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover53.88161.7617.433.98
Days Of Inventory On Hand150.56192.62177.2108.5
Hype
Prediction
LowEstimatedHigh
0.040.858.20
Details
Intrinsic
Valuation
LowRealHigh
0.163.1610.51
Details
Naive
Forecast
LowNextHigh
0.020.808.15
Details
7 Analysts
Consensus
LowTargetHigh
9.2810.2011.32
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Stocks Directory Now

   

Stocks Directory

Find actively traded stocks across global markets
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
Casinos
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Momentum Idea
Momentum
Invested over 40 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
FinTech Idea
FinTech
Invested over 60 shares
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outset Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Outset Stock, please use our How to Invest in Outset Medical guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Outset Medical. If investors know Outset will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Outset Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.74)
Revenue Per Share
2.235
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.27)
Return On Equity
(1.41)
The market value of Outset Medical is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset Medical's value that differs from its market value or its book value, called intrinsic value, which is Outset Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Outset Medical's market value can be influenced by many factors that don't directly affect Outset Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Outset Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.