Mimedx Group Stock Alpha and Beta Analysis
| MDXG Stock | USD 9.20 0.02 0.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MiMedx Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in MiMedx over a specified time horizon. Remember, high MiMedx's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to MiMedx's market risk premium analysis include:
Beta 0.32 | Alpha 0.54 | Risk 4.32 | Sharpe Ratio 0.14 | Expected Return 0.61 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
MiMedx |
MiMedx Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MiMedx market risk premium is the additional return an investor will receive from holding MiMedx long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MiMedx. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate MiMedx's performance over market.| α | 0.54 | β | 0.32 |
MiMedx expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of MiMedx's Buy-and-hold return. Our buy-and-hold chart shows how MiMedx performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MiMedx Market Price Analysis
Market price analysis indicators help investors to evaluate how MiMedx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MiMedx shares will generate the highest return on investment. By understating and applying MiMedx stock market price indicators, traders can identify MiMedx position entry and exit signals to maximize returns.
MiMedx Return and Market Media
The median price of MiMedx for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 6.18 with a coefficient of variation of 16.35. The daily time series for the period is distributed with a sample standard deviation of 1.07, arithmetic mean of 6.57, and mean deviation of 0.82. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Insider Trading | 09/13/2024 |
2 | MiMedx Group, Inc. Shares Sold by Richmond Brothers Inc. - MarketBeat | 09/19/2024 |
3 | MiMedx Group Q3 2024 Earnings Preview | 10/29/2024 |
4 | MiMedx Group Non-GAAP EPS of 0.07 beats by 0.03, revenue of 84M beats by 0.98M | 10/30/2024 |
5 | Microsoft, Meta among Thursdays afternoon market cap stock movers | 10/31/2024 |
6 | MiMedx Group, Inc. Q3 2024 Earnings Call Transcript | 11/01/2024 |
7 | Can MiMedx Climb 77.92 percent to Reach the Level Wall Street Analysts Expect | 11/04/2024 |
8 | Vanguard Group Incs Strategic Acquisition in MiMedx Group Inc | 11/05/2024 |
9 | MiMedx Group, Inc. Given Average Rating of Buy by Brokerages | 11/12/2024 |
10 | MiMedx Is a Great Choice for Trend Investors, Heres Why | 11/15/2024 |
11 | We Ran A Stock Scan For Earnings Growth And MiMedx Group Passed With Ease | 11/21/2024 |
About MiMedx Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including MiMedx or other stocks. Alpha measures the amount that position in MiMedx Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.86 | 5.72 | 6.04 | 3.26 | Days Of Inventory On Hand | 96.04 | 99.59 | 140.44 | 135.29 |
MiMedx Upcoming Company Events
As portrayed in its financial statements, the presentation of MiMedx's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MiMedx's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MiMedx's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MiMedx. Please utilize our Beneish M Score to check the likelihood of MiMedx's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out MiMedx Backtesting, MiMedx Valuation, MiMedx Correlation, MiMedx Hype Analysis, MiMedx Volatility, MiMedx History and analyze MiMedx Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
MiMedx technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.