Onemednet Corp Stock Alpha and Beta Analysis
| ONMD Stock | 0.91 0.03 3.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OneMedNet Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in OneMedNet Corp over a specified time horizon. Remember, high OneMedNet Corp'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 OneMedNet Corp's market risk premium analysis include:
Beta (1.14) | Alpha 0.0117 | Risk 6.74 | Sharpe Ratio 0.0075 | Expected Return 0.0506 |
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.
OneMedNet |
OneMedNet Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OneMedNet Corp market risk premium is the additional return an investor will receive from holding OneMedNet Corp 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 OneMedNet Corp. 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 OneMedNet Corp's performance over market.| α | 0.01 | β | -1.14 |
OneMedNet Corp 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 OneMedNet Corp's Buy-and-hold return. Our buy-and-hold chart shows how OneMedNet Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OneMedNet Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how OneMedNet Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OneMedNet Corp shares will generate the highest return on investment. By understating and applying OneMedNet Corp stock market price indicators, traders can identify OneMedNet Corp position entry and exit signals to maximize returns.
OneMedNet Corp Return and Market Media
The median price of OneMedNet Corp for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.79 with a coefficient of variation of 17.51. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 0.79, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | OneMedNet appoints new CFO | 09/10/2024 |
2 | OneMedNet Corporation announced that it has received 1.730238 million in funding - Marketscreener.com | 09/24/2024 |
3 | OneMedNet raises 1.7M through additional private placement | 09/26/2024 |
4 | OneMedNet faces Nasdaq delisting over share price - Investing.com | 10/17/2024 |
5 | COWEN AND COMPANY, LLC Acquires New Stake in OneMedNet Corp | 11/13/2024 |
About OneMedNet Corp 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 OneMedNet or other stocks. Alpha measures the amount that position in OneMedNet Corp 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.
| 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.54 | 0.27 | 0.26 | Days Of Inventory On Hand | 2.41E-4 | 2.17E-4 | 2.28E-4 |
OneMedNet Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of OneMedNet Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OneMedNet Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OneMedNet Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OneMedNet Corp. Please utilize our Beneish M Score to check the likelihood of OneMedNet Corp's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with OneMedNet Corp
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Check out OneMedNet Corp Backtesting, OneMedNet Corp Valuation, OneMedNet Corp Correlation, OneMedNet Corp Hype Analysis, OneMedNet Corp Volatility, OneMedNet Corp History and analyze OneMedNet Corp Performance. For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
OneMedNet Corp 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.