Irhythm Technologies Stock Price on September 25, 2024
| IRTC Stock | USD 86.97 2.05 2.30% |
Below is the normalized historical share price chart for iRhythm Technologies extending back to October 20, 2016. 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 IRhythm Technologies stands at 86.97, as last reported on the 30th of November, with the highest price reaching 89.27 and the lowest price hitting 85.57 during the day.
If you're considering investing in IRhythm Stock, it is important to understand the factors that can impact its price. IRhythm Technologies appears to be very steady, given 3 months investment horizon. iRhythm Technologies holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iRhythm Technologies, which you can use to evaluate the volatility of the firm. Please utilize IRhythm Technologies' Market Risk Adjusted Performance of 0.3587, downside deviation of 3.15, and Risk Adjusted Performance of 0.0863 to validate if our risk estimates are consistent with your expectations.
At present, IRhythm Technologies' Stock Based Compensation is projected to increase significantly based on the last few years of reporting. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Total Stockholder Equity is forecasted to decline to about 137.6 M. . At present, IRhythm Technologies' Price Sales Ratio is projected to increase based on the last few years of reporting. IRhythm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of October 2016 | 200 Day MA 90.3412 | 50 Day MA 73.5057 | Beta 1.229 |
IRhythm |
Sharpe Ratio = 0.1087
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Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average IRhythm Technologies is performing at about 8% of its full potential. 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 IRhythm Technologies by adding it to a well-diversified portfolio.
Price Book 37.9265 | Enterprise Value Ebitda (34.37) | Price Sales 4.975 | Shares Float 31 M | Wall Street Target Price 98.2727 |
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IRhythm Technologies Valuation on September 25, 2024
It is possible to determine the worth of IRhythm Technologies on a given historical date. On September 25, 2024 IRhythm was worth 71.12 at the beginning of the trading date compared to the closed value of 72.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IRhythm Technologies stock. Still, in general, we apply an absolute valuation method to find IRhythm Technologies' 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 IRhythm Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IRhythm Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 70.35 | 71.35 | 69.86 | 70.30 | 354,197 | |
09/25/2024 | 71.12 | 73.93 | 70.91 | 72.69 | 534,262 |
| 74.68 | 74.96 | 71.42 | 71.63 | 324,057 |
| Backtest IRhythm Technologies | | | IRhythm Technologies History | | | IRhythm Technologies Valuation | Previous | Next |
IRhythm Technologies Trading Date Momentum on September 25, 2024
| On September 26 2024 iRhythm Technologies was traded for 71.63 at the closing time. The top price for the day was 74.96 and the lowest listed price was 71.42 . The trading volume for the day was 324.1 K. The trading history from September 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.46% . The trading date delta against the current closing price is 13.92% . |
iRhythm Technologies Fundamentals Correlations and Trends
By evaluating IRhythm Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IRhythm Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IRhythm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IRhythm Technologies Stock history
IRhythm Technologies 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 IRhythm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iRhythm Technologies 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 IRhythm Technologies stock prices may prove useful in developing a viable investing in IRhythm Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.5 M | 24.7 M | |
| Net Loss | -104.5 M | -99.3 M |
IRhythm Technologies Quarterly Net Working Capital |
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IRhythm Technologies Stock Technical Analysis
IRhythm Technologies 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.
Price Boundaries
IRhythm Technologies Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
iRhythm Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
IRhythm Technologies November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how IRhythm Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IRhythm Technologies shares will generate the highest return on investment. By undertsting and applying IRhythm Technologies stock market strength indicators, traders can identify iRhythm Technologies entry and exit signals to maximize returns
IRhythm Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IRhythm Technologies' price direction in advance. Along with the technical and fundamental analysis of IRhythm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IRhythm 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.
| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 0.2809 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.1001 | |||
| Treynor Ratio | 0.3487 |
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Complementary Tools for IRhythm Stock analysis
When running IRhythm Technologies' price analysis, check to measure IRhythm Technologies' 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 IRhythm Technologies is operating at the current time. Most of IRhythm Technologies' value examination focuses on studying past and present price action to predict the probability of IRhythm Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRhythm Technologies' price. Additionally, you may evaluate how the addition of IRhythm Technologies to your portfolios can decrease your overall portfolio volatility.
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