Neuronetics Stock Statistic Functions Variance

STIM Stock  USD 2.61  0.09  3.57%   
Neuronetics statistic functions tool provides the execution environment for running the Variance function and other technical functions against Neuronetics. Neuronetics value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. Neuronetics statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was nineteen with a total number of output elements of fourty-two. Neuronetics Variance is a measurement of the price spread between periods of Neuronetics price series.

Neuronetics Technical Analysis Modules

Most technical analysis of Neuronetics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Neuronetics from various momentum indicators to cycle indicators. When you analyze Neuronetics charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Neuronetics Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Neuronetics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Neuronetics based on widely used predictive technical indicators. In general, we focus on analyzing Neuronetics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Neuronetics's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Neuronetics's intrinsic value. In addition to deriving basic predictive indicators for Neuronetics, we also check how macroeconomic factors affect Neuronetics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover2.716.364.563.17
Days Of Inventory On Hand205.57209.79136.4599.34
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Neuronetics' 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
0.132.619.34
Details
Intrinsic
Valuation
LowRealHigh
0.203.9310.66
Details
Naive
Forecast
LowNextHigh
0.042.248.97
Details
4 Analysts
Consensus
LowTargetHigh
7.288.008.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Neuronetics. Your research has to be compared to or analyzed against Neuronetics' peers to derive any actionable benefits. When done correctly, Neuronetics' 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 Neuronetics.

Align your values with your investing style

In addition to having Neuronetics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
ESG Investing Idea
ESG Investing
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Business Services Idea
Business Services
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Banking Idea
Banking
Invested over 20 shares
Corona Opportunity Idea
Corona Opportunity
Invested few shares
When determining whether Neuronetics is a strong investment it is important to analyze Neuronetics' 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 Neuronetics' future performance. For an informed investment choice regarding Neuronetics Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Neuronetics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Neuronetics Stock, please use our How to Invest in Neuronetics guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Neuronetics Stock analysis

When running Neuronetics' price analysis, check to measure Neuronetics' 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 Neuronetics is operating at the current time. Most of Neuronetics' value examination focuses on studying past and present price action to predict the probability of Neuronetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neuronetics' price. Additionally, you may evaluate how the addition of Neuronetics to your portfolios can decrease your overall portfolio volatility.
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Is Neuronetics' 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 Neuronetics. If investors know Neuronetics 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 Neuronetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
2.523
Quarterly Revenue Growth
0.121
Return On Assets
(0.15)
Return On Equity
(0.72)
The market value of Neuronetics is measured differently than its book value, which is the value of Neuronetics that is recorded on the company's balance sheet. Investors also form their own opinion of Neuronetics' value that differs from its market value or its book value, called intrinsic value, which is Neuronetics' 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 Neuronetics' market value can be influenced by many factors that don't directly affect Neuronetics' 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 Neuronetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuronetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuronetics' 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.