Inmode Stock Price on July 27, 2023

INMD Stock  USD 17.36  0.12  0.70%   
Below is the normalized historical share price chart for InMode extending back to August 08, 2019. 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 InMode stands at 17.36, as last reported on the 2nd of May, with the highest price reaching 18.08 and the lowest price hitting 16.72 during the day.
IPO Date
8th of August 2019
200 Day MA
26.3052
50 Day MA
20.043
Beta
2.162
 
Covid
If you're considering investing in InMode Stock, it is important to understand the factors that can impact its price. InMode holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of volatility over the last 3 months. InMode exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InMode's market risk adjusted performance of (0.21), and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide.
  
At present, InMode's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to 0.00, whereas Other Stockholder Equity is forecasted to decline to about 59.8 M. . At present, InMode's Price Earnings To Growth Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 6.22, whereas Price Book Value Ratio is forecasted to decline to 2.24. InMode Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1613

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Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.45
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average InMode 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 InMode by adding InMode to a well-diversified portfolio.
Price Book
1.9259
Enterprise Value Ebitda
3.9931
Price Sales
3.0818
Shares Float
75.7 M
Wall Street Target Price
27.6

Related Headline

Shockwave Medical Headline on 27th of July 2023

Filed transaction by Shockwave Medical Inc officer. General open market or private sale of non-derivative or derivative security

InMode Valuation on July 27, 2023

It is possible to determine the worth of InMode on a given historical date. On July 27, 2023 InMode was worth 46.08 at the beginning of the trading date compared to the closed value of 44.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InMode stock. Still, in general, we apply an absolute valuation method to find InMode'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 InMode where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InMode's related companies.
 Open High Low Close Volume
  43.25    45.14    43.19    45.03    1,286,961  
07/27/2023
  46.08    48.25    43.77    44.06    3,229,900  
  44.73    44.78    41.88    42.85    2,520,918  
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Open Value
46.08
44.06
Closing Value
54.39
Upside

InMode Trading Date Momentum on July 27, 2023

On July 28 2023 InMode was traded for  42.85  at the closing time. The top price for the day was 44.78  and the lowest listed price was  41.88 . The trading volume for the day was 2.5 M. The trading history from July 28, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.75% . The trading delta at closing time against the current closing price is 2.47% .

InMode Fundamentals Correlations and Trends

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

About InMode Stock history

InMode 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 InMode is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InMode 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 InMode stock prices may prove useful in developing a viable investing in InMode
Last ReportedProjected for Next Year
Common Stock Shares Outstanding86 M79.1 M
Net Income Applicable To Common Shares185.7 M195 M

InMode Quarterly Net Working Capital

781.19 Million

InMode Stock Technical Analysis

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

InMode Period Price Range

Low
July 27, 2023
-2.02  -4.38%
High

 46.08 

     

 44.06 

InMode May 2, 2024 Market Strength

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

InMode Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for InMode's price direction in advance. Along with the technical and fundamental analysis of InMode Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InMode 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.
When determining whether InMode is a strong investment it is important to analyze InMode's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMode's future performance. For an informed investment choice regarding InMode Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for InMode Stock analysis

When running InMode's price analysis, check to measure InMode'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 InMode is operating at the current time. Most of InMode's value examination focuses on studying past and present price action to predict the probability of InMode's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InMode's price. Additionally, you may evaluate how the addition of InMode to your portfolios can decrease your overall portfolio volatility.
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Is InMode's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InMode. If investors know InMode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InMode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.445
Earnings Share
2.3
Revenue Per Share
5.89
Quarterly Revenue Growth
(0.05)
Return On Assets
0.1622
The market value of InMode is measured differently than its book value, which is the value of InMode that is recorded on the company's balance sheet. Investors also form their own opinion of InMode's value that differs from its market value or its book value, called intrinsic value, which is InMode's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InMode's market value can be influenced by many factors that don't directly affect InMode's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InMode's value and its price as these two are different measures arrived at by different means. Investors typically determine if InMode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMode's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.