Inmode Stock Market Value

INMD Stock  USD 21.61  0.41  1.93%   
InMode's market value is the price at which a share of InMode trades on a public exchange. It measures the collective expectations of InMode investors about its performance. InMode is trading at 21.61 as of the 28th of March 2024, a 1.93 percent up since the beginning of the trading day. The stock's lowest day price was 21.12.
With this module, you can estimate the performance of a buy and hold strategy of InMode and determine expected loss or profit from investing in InMode over a given investment horizon. Check out InMode Correlation, InMode Volatility and InMode Alpha and Beta module to complement your research on InMode.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
Symbol

InMode Price To Book Ratio

Is InMode'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 InMode. If investors know InMode 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 InMode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.445
Earnings Share
2.3
Revenue Per Share
5.89
Quarterly Revenue Growth
(0.05)
Return On Assets
0.1622
The market value of InMode is measured differently than its book value, which is the value of InMode that is recorded on the company's balance sheet. Investors also form their own opinion of InMode's value that differs from its market value or its book value, called intrinsic value, which is InMode'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 InMode's market value can be influenced by many factors that don't directly affect InMode'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 InMode's value and its price as these two are different measures arrived at by different means. Investors typically determine if InMode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMode'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.

InMode 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to InMode's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of InMode.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in InMode on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding InMode or generate 0.0% return on investment in InMode over 30 days. InMode is related to or competes with Cigna Corp, Definitive Healthcare, Guardant Health, Laboratory, and Mednax. InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its prop... More

InMode Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure InMode's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess InMode upside and downside potential and time the market with a certain degree of confidence.

InMode Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for InMode's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InMode's standard deviation. In reality, there are many statistical measures that can use InMode historical prices to predict the future InMode's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of InMode's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.3221.2324.14
Details
Intrinsic
Valuation
LowRealHigh
19.0826.4429.35
Details
6 Analysts
Consensus
LowTargetHigh
37.3141.0045.51
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.460.500.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as InMode. Your research has to be compared to or analyzed against InMode's peers to derive any actionable benefits. When done correctly, InMode's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in InMode.

InMode Backtested Returns

InMode holds Efficiency (Sharpe) Ratio of -0.0014, which attests that the entity had a -0.0014% return per unit of volatility over the last 3 months. InMode exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InMode's risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.6, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, InMode will likely underperform. InMode has an expected return of -0.0041%. Please make sure to check out InMode maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if InMode performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.28  

Weak reverse predictability

InMode has weak reverse predictability. Overlapping area represents the amount of predictability between InMode time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of InMode price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current InMode price fluctuation can be explain by its past prices.
Correlation Coefficient-0.28
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.2

InMode lagged returns against current returns

Autocorrelation, which is InMode stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting InMode's stock expected returns. We can calculate the autocorrelation of InMode returns to help us make a trade decision. For example, suppose you find that InMode has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

InMode regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If InMode stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InMode stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InMode stock over time.
   Current vs Lagged Prices   
       Timeline  

InMode Lagged Returns

When evaluating InMode's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InMode stock have on its future price. InMode autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, InMode autocorrelation shows the relationship between InMode stock current value and its past values and can show if there is a momentum factor associated with investing in InMode.
   Regressed Prices   
       Timeline  

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When determining whether InMode is a strong investment it is important to analyze InMode's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMode's future performance. For an informed investment choice regarding InMode Stock, refer to the following important reports:
Check out InMode Correlation, InMode Volatility and InMode Alpha and Beta module to complement your research on InMode.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for InMode Stock analysis

When running InMode's price analysis, check to measure InMode'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 InMode is operating at the current time. Most of InMode's value examination focuses on studying past and present price action to predict the probability of InMode's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InMode's price. Additionally, you may evaluate how the addition of InMode to your portfolios can decrease your overall portfolio volatility.
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InMode 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.
A focus of InMode technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InMode trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...