Itamar Medical (Israel) Probability of Target Price Finishing Over Current Price

ITMR -- Israel Stock  

ILS 122.40  0.30  0.24%

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 Itamar Medical Backtesting, Itamar Medical Valuation, Itamar Medical Correlation, Itamar Medical Hype Analysis, Itamar Medical Volatility, Itamar Medical History as well as Itamar Medical Performance.
Horizon     30 Days    Login   to change
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Itamar Medical Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 122.40 30 days 122.40  OVER 95.8%
Based on normal probability distribution, the odds of Itamar Medical to move above current price in 30 days from now is over 95.8% (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 0.7128 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Itamar Medical is significantly underperforming DOW.
 Itamar Medical Price Density 
Alpha over DOW
Beta against DOW=0.71
Overall volatility
Information ratio =0.02

Itamar Medical Alerts and Suggestions

Itamar Medical generates negative expected return over the last 30 days
Itamar Medical has high historical volatility and very poor performance
Itamar Medical has accumulated S5 Million in debt which can lead to volatile earnings
The company reported revenue of 24.19M. Net Loss for the year was (1.73M) with profit before overhead, payroll, taxes, and interest of 18.46M.
ITAMAR MEDICAL has accumulated about 6.47M in cash with (3.88M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.

Itamar MedicalPrice Density Drivers

Float Shares111.2M
Average Daily Volume Last 10 Day119.61k
Average Daily Volume In Three Month175.72k