Sharps Technology Stock Performance
| STSS Stock | USD 5.77 0.04 0.69% |
The entity has a beta of -0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sharps Technology are expected to decrease at a much lower rate. During the bear market, Sharps Technology is likely to outperform the market. At this point, Sharps Technology has a negative expected return of -0.37%. Please make sure to validate Sharps Technology's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Sharps Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sharps Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in August 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 3 M | |
| Total Cashflows From Investing Activities | -1.2 M |
Sharps Technology Relative Risk vs. Return Landscape
If you would invest 960.00 in Sharps Technology on April 21, 2025 and sell it today you would lose (383.00) from holding Sharps Technology or give up 39.9% of portfolio value over 90 days. Sharps Technology is currently does not generate positive expected returns and assumes 10.4235% risk (volatility on return distribution) over the 90 days horizon. In different words, 93% of stocks are less volatile than Sharps, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sharps Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sharps Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sharps Technology, and traders can use it to determine the average amount a Sharps Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0358
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Estimated Market Risk
| 10.42 actual daily | 93 93% of assets are less volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sharps Technology is not performing at its full potential. However, 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 Sharps Technology by adding Sharps Technology to a well-diversified portfolio.
Sharps Technology Fundamentals Growth
Sharps Stock prices reflect investors' perceptions of the future prospects and financial health of Sharps Technology, and Sharps Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sharps Stock performance.
| Return On Equity | -0.75 | ||||
| Return On Asset | -0.43 | ||||
| Current Valuation | 8.78 M | ||||
| Shares Outstanding | 1.02 M | ||||
| Price To Book | 0.58 X | ||||
| EBITDA | (9.63 M) | ||||
| Cash And Equivalents | 7.81 M | ||||
| Cash Per Share | 0.85 X | ||||
| Total Debt | 3.76 M | ||||
| Debt To Equity | 0.56 % | ||||
| Book Value Per Share | 20.86 X | ||||
| Cash Flow From Operations | (6.93 M) | ||||
| Earnings Per Share | (1,838) X | ||||
| Total Asset | 7.31 M | ||||
| Retained Earnings | (34.45 M) | ||||
About Sharps Technology Performance
Assessing Sharps Technology's fundamental ratios provides investors with valuable insights into Sharps Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Sharps Technology is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Sharps Technology Inc., a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States. The company was incorporated in 2017 and is based in Melville, New York. Sharps Technology operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 3 people.Things to note about Sharps Technology performance evaluation
Checking the ongoing alerts about Sharps Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sharps Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sharps Technology generated a negative expected return over the last 90 days | |
| Sharps Technology has high historical volatility and very poor performance | |
| Sharps Technology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (9.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sharps Technology currently holds about 7.81 M in cash with (6.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85. | |
| Sharps Technology has a frail financial position based on the latest SEC disclosures |
- Analyzing Sharps Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sharps Technology's stock is overvalued or undervalued compared to its peers.
- Examining Sharps Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sharps Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sharps Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sharps Technology's stock. These opinions can provide insight into Sharps Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sharps Stock Analysis
When running Sharps Technology's price analysis, check to measure Sharps Technology'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 Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.