Surmodics provides performance coating technologies for intravascular medical devices and chemical and biological components for in vitro diagnostic (IVD) immunoassay tests and microarrays. Co.'s segments are: Medical Device, which develops and manufactures its own proprietary vascular intervention medical device products as well as is engaged in proprietary surface modification coating technologies that impart lubricity, pro-healing, biocompatibility characteristics, and drug-delivery capabilities; and IVD, which develops, manufactures and sells chemical and biological components for IVD immunoassay tests and molecular diagnostic tests for the diagnostic and biomedical research markets. The SRDX YTD return is shown above.
The YTD Return on the SRDX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether SRDX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SRDX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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