TMDX Dropped 21% In A Month. Bigger Declines Have Followed Similar Moves.
- In Inflation Shock, TransMedics stock declined 74% vs 25% for S&P 500. During covid pandemic, it dropped 60% compared to the S&P 500’s 34%.
- Following the Covid Pandemic, the stock took 7 months to recover, compared to 5 months for the S&P 500. In the inflation shock, the stock took 5 months to recover, compared to 15 months for the S&P 500.
TransMedics Stock Performance In Market Crashes:
| TMDX | S&P 500 | |
|---|---|---|
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -60% | -34% |
| # of Months for Full Recovery | 7 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -74% | -25% |
| # of Months for Full Recovery | 5 | 15 |
Worried that TMDX is yet to hit the bottom? You could take a look at the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
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