Inspiremd Stock Technical Analysis
| NSPR Stock | USD 1.91 0.18 8.61% |
As of the 23rd of April, InspireMD retains the Risk Adjusted Performance of (0.13), market risk adjusted performance of (1.24), and Standard Deviation of 3.08. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of InspireMD, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for InspireMD, which can be compared to its competitors. Please check out InspireMD risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if InspireMD is priced fairly, providing market reflects its last-minute price of 1.91 per share. Please also validate InspireMD jensen alpha, which is currently at (0.76) to confirm the company can sustain itself at a future point.
InspireMD Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as InspireMD, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InspireMDInspireMD |
InspireMD 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.
InspireMD Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of InspireMD volatility. High ATR values indicate high volatility, and low values indicate low volatility.
InspireMD Trend Analysis
Use this graph to draw trend lines for InspireMD. You can use it to identify possible trend reversals for InspireMD as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual InspireMD price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.InspireMD Best Fit Change Line
The following chart estimates an ordinary least squares regression model for InspireMD applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that InspireMD market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.49, which is the sum of squared deviations for the predicted InspireMD price change compared to its average price change.About InspireMD Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of InspireMD on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of InspireMD based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on InspireMD price pattern first instead of the macroeconomic environment surrounding InspireMD. By analyzing InspireMD's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of InspireMD's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to InspireMD specific price patterns or momentum indicators. Please read more on our technical analysis page.
InspireMD April 23, 2024 Technical Indicators
Most technical analysis of InspireMD help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for InspireMD from various momentum indicators to cycle indicators. When you analyze InspireMD charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | (1.24) | |||
| Mean Deviation | 2.35 | |||
| Coefficient Of Variation | (436.66) | |||
| Standard Deviation | 3.08 | |||
| Variance | 9.48 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.76) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (1.25) | |||
| Maximum Drawdown | 15.92 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 4.35 | |||
| Skewness | 0.0617 | |||
| Kurtosis | 0.7871 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InspireMD. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in InspireMD Stock, please use our How to Invest in InspireMD guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for InspireMD Stock analysis
When running InspireMD's price analysis, check to measure InspireMD'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 InspireMD is operating at the current time. Most of InspireMD's value examination focuses on studying past and present price action to predict the probability of InspireMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InspireMD's price. Additionally, you may evaluate how the addition of InspireMD to your portfolios can decrease your overall portfolio volatility.
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Is InspireMD'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 InspireMD. If investors know InspireMD 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 InspireMD listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of InspireMD is measured differently than its book value, which is the value of InspireMD that is recorded on the company's balance sheet. Investors also form their own opinion of InspireMD's value that differs from its market value or its book value, called intrinsic value, which is InspireMD'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 InspireMD's market value can be influenced by many factors that don't directly affect InspireMD'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 InspireMD's value and its price as these two are different measures arrived at by different means. Investors typically determine if InspireMD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InspireMD'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.