Inspire Medical Systems Stock Price on July 19, 2023

INSP Stock  USD 187.83  2.17  1.14%   
Below is the normalized historical share price chart for Inspire Medical Systems extending back to May 03, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Inspire Medical stands at 187.83, as last reported on the 14th of December 2024, with the highest price reaching 190.46 and the lowest price hitting 184.76 during the day.
IPO Date
3rd of May 2018
200 Day MA
186.6871
50 Day MA
195.0522
Beta
1.358
 
Covid
If you're considering investing in Inspire Stock, it is important to understand the factors that can impact its price. Inspire Medical Systems holds Efficiency (Sharpe) Ratio of -0.0448, which attests that the entity had a -0.0448% return per unit of risk over the last 3 months. Inspire Medical Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inspire Medical's Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.04), and Standard Deviation of 2.69 to validate the risk estimate we provide.
  
At this time, Inspire Medical's Total Stockholder Equity is relatively stable compared to the past year. As of 12/14/2024, Liabilities And Stockholders Equity is likely to grow to about 710.7 M, while Other Stockholder Equity is likely to drop slightly above 478.1 M. . At this time, Inspire Medical's Price Earnings To Growth Ratio is relatively stable compared to the past year. As of 12/14/2024, Price To Operating Cash Flows Ratio is likely to grow to 253.88, while Price Book Value Ratio is likely to drop 9.89. Inspire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0448

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Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.12
  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 Inspire Medical 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 Inspire Medical by adding Inspire Medical to a well-diversified portfolio.
Price Book
8.174
Enterprise Value Ebitda
136.982
Price Sales
7.6453
Shares Float
29.4 M
Wall Street Target Price
239.6

Inspire Medical Main Headline on 19th of July 2023

Filed transaction by Inspire Medical Systems I director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Inspire Medical Valuation on July 19, 2023

It is possible to determine the worth of Inspire Medical on a given historical date. On July 19, 2023 Inspire was worth 327.16 at the beginning of the trading date compared to the closed value of 320.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inspire Medical stock. Still, in general, we apply an absolute valuation method to find Inspire Medical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Inspire Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inspire Medical's related companies.
 Open High Low Close Volume
  324.18    327.58    315.83    322.11    269,841  
07/19/2023
  327.16    328.70    313.30    320.98    287,149  
  318.50    323.09    315.86    318.13    323,306  
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Open Value
327.16
318.99
Downside
320.98
Closing Value
335.33
Upside

Inspire Medical Trading Date Momentum on July 19, 2023

On July 20 2023 Inspire Medical Systems was traded for  318.13  at the closing time. The top price for the day was 323.09  and the lowest listed price was  315.86 . The trading volume for the day was 323.3 K. The trading history from July 20, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.89% . The trading delta at closing time against the current closing price is 9.51% .

Inspire Medical Systems Fundamentals Correlations and Trends

By evaluating Inspire Medical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Inspire Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inspire financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Inspire Medical Stock history

Inspire Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Inspire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inspire Medical Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Inspire Medical stock prices may prove useful in developing a viable investing in Inspire Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29.3 M22.9 M
Net Loss-40.4 M-42.4 M

Inspire Medical Quarterly Net Working Capital

541.5 Million

Inspire Medical Stock Technical Analysis

Inspire Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Inspire Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Inspire Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Inspire Medical Period Price Range

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Inspire Medical Systems cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Inspire Medical December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Inspire Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inspire Medical shares will generate the highest return on investment. By undertsting and applying Inspire Medical stock market strength indicators, traders can identify Inspire Medical Systems entry and exit signals to maximize returns

Inspire Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Inspire Medical's price direction in advance. Along with the technical and fundamental analysis of Inspire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inspire to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Inspire Stock Analysis

When running Inspire Medical's price analysis, check to measure Inspire 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 Inspire Medical is operating at the current time. Most of Inspire Medical's value examination focuses on studying past and present price action to predict the probability of Inspire Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Medical's price. Additionally, you may evaluate how the addition of Inspire Medical to your portfolios can decrease your overall portfolio volatility.