Tivic Health Systems Stock Beta
| TIVC Stock | USD 0.37 0.04 12.12% |
Tivic Health Systems fundamentals help investors to digest information that contributes to Tivic Health's financial success or failures. It also enables traders to predict the movement of Tivic Stock. The fundamental analysis module provides a way to measure Tivic Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tivic Health stock.
Tivic | Beta |
Tivic Health Systems Company Beta Analysis
Tivic Health's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Tivic Health Beta | 2.41 |
Most of Tivic Health's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tivic Health Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tivic Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Tivic Health is extremely important. It helps to project a fair market value of Tivic Stock properly, considering its historical fundamentals such as Beta. Since Tivic Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tivic Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tivic Health's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Tivic Health Systems has a Beta of 2.412. This is 180.47% higher than that of the Health Care Equipment & Supplies sector and 131.92% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Tivic Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tivic Health's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tivic Health could also be used in its relative valuation, which is a method of valuing Tivic Health by comparing valuation metrics of similar companies.Tivic Health is currently under evaluation in beta category among its peers.
Tivic Health Institutional Holders
Institutional Holdings refers to the ownership stake in Tivic Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tivic Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tivic Health's value.| Shares | Cable Car Capital Llc | 2024-06-30 | 280 K | Ubs Group Ag | 2024-06-30 | 109.3 K | Warberg Asset Management Llc | 2024-06-30 | 80 K | Vanguard Group Inc | 2024-06-30 | 48 K | Virtu Financial Llc | 2024-06-30 | 42 K | Geode Capital Management, Llc | 2024-06-30 | 37 K | Citadel Advisors Llc | 2024-06-30 | 14.6 K | Tower Research Capital Llc | 2024-06-30 | 7.3 K | Advisor Group Holdings, Inc. | 2024-06-30 | 146 | Bank Of America Corp | 2024-06-30 | 63.0 | Wells Fargo & Co | 2024-06-30 | 0.0 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tivic Health will likely underperform.
Tivic Fundamentals
| Return On Equity | -1.84 | ||||
| Return On Asset | -0.89 | ||||
| Operating Margin | (8.61) % | ||||
| Current Valuation | (1.3 M) | ||||
| Shares Outstanding | 6.18 M | ||||
| Shares Owned By Insiders | 0.34 % | ||||
| Shares Owned By Institutions | 8.70 % | ||||
| Number Of Shares Shorted | 111.32 K | ||||
| Price To Book | 0.57 X | ||||
| Price To Sales | 2.16 X | ||||
| Revenue | 1.18 M | ||||
| Gross Profit | (129 K) | ||||
| EBITDA | (8.06 M) | ||||
| Net Income | (8.24 M) | ||||
| Cash And Equivalents | 9.06 M | ||||
| Cash Per Share | 0.94 X | ||||
| Total Debt | 369 K | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 4.36 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | (8.51 M) | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | 11.85 X | ||||
| Target Price | 210.0 | ||||
| Beta | 2.41 | ||||
| Market Capitalization | 2.39 M | ||||
| Total Asset | 5.25 M | ||||
| Retained Earnings | (37.89 M) | ||||
| Working Capital | 3.25 M | ||||
| Net Asset | 5.25 M |
About Tivic Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tivic Health Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tivic Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tivic Health Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tivic Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tivic Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tivic Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tivic Health Systems Stock:Check out Tivic Health Piotroski F Score and Tivic Health Altman Z Score analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Tivic Health. If investors know Tivic 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 Tivic Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 11.85 | Revenue Per Share 0.546 | Quarterly Revenue Growth (0.13) | Return On Assets (0.89) | Return On Equity (1.84) |
The market value of Tivic Health Systems is measured differently than its book value, which is the value of Tivic that is recorded on the company's balance sheet. Investors also form their own opinion of Tivic Health's value that differs from its market value or its book value, called intrinsic value, which is Tivic Health'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 Tivic Health's market value can be influenced by many factors that don't directly affect Tivic Health'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 Tivic Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tivic Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tivic Health'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.