OBSERVE MEDICAL (Norway) Today

Equity ratings for OBSERVE MEDICAL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2022 and ending today, the 1st of July 2022. Click here to learn more.
OBSERVE MEDICAL cannot be verified against its exchange. Apparently, OBSERVE MEDICAL is not available for investing at the moment. Please verify the symbol is currently traded on Oslo Stock 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.
Refresh

OBSERVE MEDICAL Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. OBSERVE MEDICAL's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding OBSERVE MEDICAL or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
OBSERVE MEDICAL is not yet fully synchronised with the market data
OBSERVE MEDICAL has some characteristics of a very speculative penny stock
The company reported the revenue of 15.77 M. Net Loss for the year was (29.78 M) with profit before overhead, payroll, taxes, and interest of 986 K.
OBSERVE MEDICAL has accumulated about 14.03 M in cash with (24.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72.
Roughly 78.0% of the company outstanding shares are owned by corporate insiders
Thematic IdeaHealthcare (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of OBSERVE MEDICAL's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
OBSERVE MEDICAL (OBSRV) is traded on Oslo Stock Exchange in Norway and employs 10 people. The company currently falls under 'Small-Cap' category with current market capitalization of 318.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate OBSERVE MEDICAL's market, we take the total number of its shares issued and multiply it by OBSERVE MEDICAL's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. OBSERVE MEDICAL operates under Healthcare sector and is part of Medical Devices industry. The entity has 19.61 M outstanding shares. OBSERVE MEDICAL has accumulated about 14.03 M in cash with (24.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72.
Check OBSERVE MEDICAL Probability Of Bankruptcy

OBSERVE Stock Against Markets

Picking the right benchmark for OBSERVE MEDICAL stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in OBSERVE MEDICAL stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for OBSERVE MEDICAL is critical whether you are bullish or bearish towards OBSERVE MEDICAL at a given time.
OBSERVE MEDICAL cannot be verified against its exchange. Apparently, OBSERVE MEDICAL is not available for investing at the moment. Please verify the symbol is currently traded on Oslo Stock 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.
Refresh

Try Other Stock Suggestions

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with OBSERVE MEDICAL stock to make a market-neutral strategy. Peer analysis of OBSERVE MEDICAL could also be used in its relative valuation, which is a method of valuing OBSERVE MEDICAL by comparing valuation metrics with similar companies.

Investing OBSERVE MEDICAL

You need to understand the risk of investing before taking a position in OBSERVE MEDICAL. The danger of trading OBSERVE MEDICAL is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of OBSERVE MEDICAL is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than OBSERVE MEDICAL. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile OBSERVE MEDICAL is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center. Note that the OBSERVE MEDICAL information on this page should be used as a complementary analysis to other OBSERVE MEDICAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Other Tools for OBSERVE Stock

When running OBSERVE MEDICAL price analysis, check to measure OBSERVE 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 OBSERVE MEDICAL is operating at the current time. Most of OBSERVE MEDICAL's value examination focuses on studying past and present price action to predict the probability of OBSERVE MEDICAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBSERVE MEDICAL's price. Additionally, you may evaluate how the addition of OBSERVE MEDICAL to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go