Disposition of 1131 shares by Sumi Shrishrimal of IRhythm Technologies at 88.91 subject to Rule 16b-3

IRTC Stock  USD 90.17  3.25  3.74%   
About 55% of IRhythm Technologies' shareholders are presently thinking to get in. The analysis of overall sentiment of trading iRhythm Technologies stock suggests that some investors are interested at this time. The current market sentiment, together with IRhythm Technologies' historical and current headlines, can help investors time the market. In addition, many technical investors use iRhythm Technologies stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by iRhythm Technologies Officer: Evp, Chief Risk Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Read at macroaxis.com
Disposition of 1131 common stock at 88.91 of IRhythm Technologies by Sumi Shrishrimal on 3rd of June 2024. This event was filed by iRhythm Technologies with SEC on 2024-06-03. Statement of changes in beneficial ownership - SEC Form 4

IRhythm Technologies Fundamental Analysis

We analyze IRhythm Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IRhythm Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IRhythm Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Beta

Beta Comparative Analysis

IRhythm Technologies is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

iRhythm Technologies Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IRhythm Technologies stock to make a market-neutral strategy. Peer analysis of IRhythm Technologies could also be used in its relative valuation, which is a method of valuing IRhythm Technologies by comparing valuation metrics with similar companies.

Peers

IRhythm Technologies Related Equities

NPCENeuropace   2.94   
0%
100.0%
KIDSOrthopediatrics Corp   2.70   
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91.0%
LIVNLivaNova PLC   1.33   
0%
45.0%
FNAParagon 28   0.78   
0%
26.0%
BRKRBruker   0.32   
0%
10.0%
GKOSGlaukos Corp   0.29   
0%
9.0%
SRDXSurModics   0.20   
0%
6.0%
OFIXOrthofix Medical   0.23   
7.0%
0%
ITGRInteger Holdings   0.79   
26.0%
0%
CNMDCONMED   1.01   
34.0%
0%
SGHTSight Sciences   1.65   
56.0%
0%
ELMDElectromed   2.02   
68.0%
0%

Complementary Tools for IRhythm Stock analysis

When running IRhythm Technologies' price analysis, check to measure IRhythm Technologies' 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 IRhythm Technologies is operating at the current time. Most of IRhythm Technologies' value examination focuses on studying past and present price action to predict the probability of IRhythm Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRhythm Technologies' price. Additionally, you may evaluate how the addition of IRhythm Technologies to your portfolios can decrease your overall portfolio volatility.
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