Itamar Medical probability of target price tool provides mechanism to make assumptions about upside and downside potential of Itamar Medical Ltd performance during a given time horizon utilizing its historical volatility. Please specify Itamar Medical time horizon, a valid symbol (red box) and a target price (blue box) you would like Itamar Medical odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Itamar Medical Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|133.30||30 days||133.30||ABOUT 37.85%|
Based on normal probability distribution, the odds of Itamar Medical to move above current price in 30 days from now is about 37.85% (This Itamar Medical Ltd probability density function shows the probability of Itamar Medical Stock to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Itamar Medical has beta of 0.1057 . This indicates as returns on market go up, Itamar Medical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Itamar Medical Ltd will be expected to be much smaller as well. Additionally Itamar Medical Ltd has an alpha of 0.2488 implying that it can potentially generate 0.2488% excess return over DOW after adjusting for the inherited market risk (beta).
Itamar Medical Price Density
|Alpha over DOW||=||0.25|
|Beta against DOW||=||0.11|
|Itamar Medical is not yet fully synchronised with the market data|
|Itamar Medical has accumulated S5 Million in debt which can lead to volatile earnings|
|The company reported revenue of 23.62M. Net Loss for the year was (3.73M) with profit before overhead, payroll, taxes, and interest of 15.7M.|
|ITAMAR MEDICAL has accumulated about 7.46M in cash with (3.89M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.|
|Average Daily Volume Last 10 Day||109.5k|
|Average Daily Volume In Three Month||111.65k|