Inari Medical Stock Price on October 22, 2024

NARI Stock  USD 49.66  0.09  0.18%   
Below is the normalized historical share price chart for Inari Medical extending back to May 22, 2020. 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 Inari Medical stands at 49.66, as last reported on the 22nd of November, with the highest price reaching 50.51 and the lowest price hitting 49.45 during the day.
IPO Date
22nd of May 2020
200 Day MA
46.8042
50 Day MA
45.525
Beta
0.963
 
Covid
If you're considering investing in Inari Stock, it is important to understand the factors that can impact its price. Inari Medical appears to be very steady, given 3 months investment horizon. Inari Medical holds Efficiency (Sharpe) Ratio of 0.0845, which attests that the entity had a 0.0845% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Inari Medical, which you can use to evaluate the volatility of the firm. Please utilize Inari Medical's Risk Adjusted Performance of 0.0339, downside deviation of 2.44, and Market Risk Adjusted Performance of 0.3855 to validate if our risk estimates are consistent with your expectations.
  
As of now, Inari Medical's Stock Based Compensation is increasing as compared to previous years. . As of now, Inari Medical's Price To Free Cash Flows Ratio is increasing as compared to previous years. The Inari Medical's current Price To Book Ratio is estimated to increase to 8.32, while Price To Sales Ratio is projected to decrease to 7.09. Inari Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0845

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Estimated Market Risk

 3.28
  actual daily
29
71% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Inari Medical is performing at about 6% 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 Inari Medical by adding it to a well-diversified portfolio.
Price Book
6.6992
Enterprise Value Ebitda
1.6 K
Price Sales
5.0698
Shares Float
53.4 M
Wall Street Target Price
63

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Inari Medical Valuation on October 22, 2024

It is possible to determine the worth of Inari Medical on a given historical date. On October 22, 2024 Inari was worth 43.78 at the beginning of the trading date compared to the closed value of 44.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inari Medical stock. Still, in general, we apply an absolute valuation method to find Inari 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 Inari Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inari Medical's related companies.
 Open High Low Close Volume
  43.57    44.06    43.36    43.87    618,000  
10/22/2024
  43.78    44.62    43.64    44.44    684,716  
  44.45    44.78    43.85    44.11    606,849  
Backtest Inari Medical  |  Inari Medical History  |  Inari Medical Valuation   PreviousNext  
Open Value
43.78
44.44
Closing Value
53.63
Upside

Inari Medical Trading Date Momentum on October 22, 2024

On October 23 2024 Inari Medical was traded for  44.11  at the closing time. The top price for the day was 44.78  and the lowest listed price was  43.85 . The trading volume for the day was 606.8 K. The trading history from October 23, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.74% . The trading delta at closing time against the current closing price is 9.20% .

Inari Medical Fundamentals Correlations and Trends

By evaluating Inari 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 Inari Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inari financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Inari Medical Stock history

Inari 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 Inari is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inari Medical 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 Inari Medical stock prices may prove useful in developing a viable investing in Inari Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding56.8 M56.8 M
Net Loss-26.3 M-25 M

Inari Medical Quarterly Net Working Capital

114.61 Million

Inari Medical Stock Technical Analysis

Inari 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 Inari Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Inari 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

Inari Medical Period Price Range

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Inari Medical 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.

Inari Medical November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Inari 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 Inari Medical shares will generate the highest return on investment. By undertsting and applying Inari Medical stock market strength indicators, traders can identify Inari Medical entry and exit signals to maximize returns

Inari Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Inari Medical's price direction in advance. Along with the technical and fundamental analysis of Inari Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inari 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.

Complementary Tools for Inari Stock analysis

When running Inari Medical's price analysis, check to measure Inari 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 Inari Medical is operating at the current time. Most of Inari Medical's value examination focuses on studying past and present price action to predict the probability of Inari 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 Inari Medical's price. Additionally, you may evaluate how the addition of Inari Medical to your portfolios can decrease your overall portfolio volatility.
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