Apyx Medical Stock Price on August 21, 2024
| APYX Stock | USD 1.26 0.03 2.33% |
If you're considering investing in Apyx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Apyx Medical stands at 1.26, as last reported on the 15th of November 2024, with the highest price reaching 1.31 and the lowest price hitting 1.19 during the day. At this stage we consider Apyx Stock to be very risky. Apyx Medical secures Sharpe Ratio (or Efficiency) of 0.0167, which signifies that the company had a 0.0167% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Apyx Medical, which you can use to evaluate the volatility of the firm. Please confirm Apyx Medical's Risk Adjusted Performance of 0.0211, mean deviation of 3.18, and Downside Deviation of 3.63 to double-check if the risk estimate we provide is consistent with the expected return of 0.0866%.
Apyx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Apyx |
Sharpe Ratio = 0.0167
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Estimated Market Risk
| 5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Apyx Medical is performing at about 1% 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 Apyx Medical by adding it to a well-diversified portfolio.
Related Headline
SurModics Headline on 21st of August 2024
Disposition of 61017 shares by Gary Maharaj of SurModics at ... by Gary Maharaj
Filed transaction by SurModics Director, Officer: President & Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Apyx Medical Valuation on August 21, 2024
It is possible to determine the worth of Apyx Medical on a given historical date. On August 21, 2024 Apyx was worth 1.26 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Apyx Medical stock. Still, in general, we apply an absolute valuation method to find Apyx Medical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Apyx Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Apyx Medical's related companies.
| Open | High | Low | Close | Volume | |
| 1.32 | 1.32 | 1.25 | 1.28 | 39,691 | |
08/21/2024 | 1.26 | 1.30 | 1.22 | 1.24 | 17,058 |
| 1.23 | 1.30 | 1.23 | 1.30 | 15,946 |
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Apyx Medical Trading Date Momentum on August 21, 2024
| On August 22 2024 Apyx Medical was traded for 1.30 at the closing time. The top price for the day was 1.30 and the lowest listed price was 1.23 . The trading volume for the day was 15.9 K. The trading history from August 22, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 4.84% . The overall trading delta against the current closing price is 7.26% . |
Apyx Medical Fundamentals Correlations and Trends
By evaluating Apyx Medical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Apyx Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Apyx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Apyx Medical Stock history
Apyx Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Apyx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Apyx Medical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Apyx Medical stock prices may prove useful in developing a viable investing in Apyx Medical
Apyx Medical Corporation, an energy technology company, develops, manufactures, and sells medical devices in the cosmetic and surgical markets worldwide. Apyx Medical Corporation was incorporated in 1982 and is based in Clearwater, Florida. Apyx Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 272 people.
Apyx Medical Stock Technical Analysis
Apyx Medical 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.
Price Boundaries
Apyx Medical Period Price Range
Low | November 15, 2024
| High |
0.00 | 0.00 |
Apyx Medical cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Apyx Medical November 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Apyx Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Apyx Medical shares will generate the highest return on investment. By undertsting and applying Apyx Medical stock market strength indicators, traders can identify Apyx Medical entry and exit signals to maximize returns
Apyx Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Apyx Medical's price direction in advance. Along with the technical and fundamental analysis of Apyx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Apyx to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0211 | |||
| Jensen Alpha | 0.0059 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1048 |
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Additional Tools for Apyx Stock Analysis
When running Apyx Medical's price analysis, check to measure Apyx Medical'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 Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to predict the probability of Apyx Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.