|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 136.40 ||30 days|| 136.40 || ABOUT 5.72%|
Based on normal probability distribution, the odds of Itamar Medical to move above current price in 30 days from now is about 5.72% (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 0.1665 . 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 0.395 implying that it can potentially generate 0.395% excess return over DOW after adjusting for the inherited market risk (beta).
Itamar Medical Price Density
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|Current Price || ||Target Price || |