Irobot Stock Chance of Future Stock Price Finishing Under 7.23
| IRBT Stock | USD 7.09 0.06 0.84% |
IRobot |
IRobot Target Price Odds to finish below 7.23
The tendency of IRobot Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 7.23 after 90 days |
| 7.09 | 90 days | 7.23 | about 31.33 |
Based on a normal probability distribution, the odds of IRobot to stay under $ 7.23 after 90 days from now is about 31.33 (This iRobot probability density function shows the probability of IRobot Stock to fall within a particular range of prices over 90 days) . Probability of iRobot price to stay between its current price of $ 7.09 and $ 7.23 at the end of the 90-day period is about 5.35 .
Given the investment horizon of 90 days iRobot has a beta of -1.26. This usually indicates as returns on its benchmark rise, returns on holding iRobot are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, IRobot is expected to outperform its benchmark. Additionally IRobot has an alpha of 0.289, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IRobot Price Density |
| Price |
Predictive Modules for IRobot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iRobot. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.IRobot Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IRobot is not an exception. The market had few large corrections towards the IRobot's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold iRobot, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IRobot within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -1.26 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | 0 |
IRobot Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of IRobot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for iRobot can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| iRobot had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 890.58 M. Net Loss for the year was (304.71 M) with profit before overhead, payroll, taxes, and interest of 357.92 M. | |
| iRobot currently holds about 89.59 M in cash with (114.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28. | |
| Roughly 68.0% of the company shares are owned by institutional investors | |
| Latest headline from kalkinemedia.com: Robot Software Market Is Booming So Rapidly Major Giants ABB, FANUC, KUKA, iRobot |
IRobot Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of IRobot Stock often depends not only on the future outlook of the current and potential IRobot's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. IRobot's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.7 M | |
| Cash And Short Term Investments | 185.1 M |
IRobot Technical Analysis
IRobot's future price can be derived by breaking down and analyzing its technical indicators over time. IRobot Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of iRobot. In general, you should focus on analyzing IRobot Stock price patterns and their correlations with different microeconomic environments and drivers.
IRobot Predictive Forecast Models
IRobot's time-series forecasting models is one of many IRobot's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary IRobot's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about iRobot
Checking the ongoing alerts about IRobot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for iRobot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| iRobot had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 890.58 M. Net Loss for the year was (304.71 M) with profit before overhead, payroll, taxes, and interest of 357.92 M. | |
| iRobot currently holds about 89.59 M in cash with (114.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28. | |
| Roughly 68.0% of the company shares are owned by institutional investors | |
| Latest headline from kalkinemedia.com: Robot Software Market Is Booming So Rapidly Major Giants ABB, FANUC, KUKA, iRobot |
Additional Tools for IRobot Stock Analysis
When running IRobot's price analysis, check to measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.