Disposition of 1372 shares by Bobzien Brice of IRhythm Technologies at 70.34 subject to Rule 16b-3

IRTC Stock  USD 75.68  2.44  3.12%   
About 67% of IRhythm Technologies' investor base is looking to short. The analysis of overall sentiment of trading iRhythm Technologies stock suggests that many investors are alarmed 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: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 1372 common stock at 70.34 of IRhythm Technologies by Bobzien Brice on 9th of August 2024. This event was filed by iRhythm Technologies with SEC on 2024-08-09. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

IRhythm Technologies' cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the IRhythm Technologies' relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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IRhythm Technologies Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards IRhythm Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

iRhythm Technologies Historical Investor Sentiment

Investor biases related to IRhythm Technologies' public news can be used to forecast risks associated with an investment in IRhythm. The trend in average sentiment can be used to explain how an investor holding IRhythm can time the market purely based on public headlines and social activities around iRhythm Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
IRhythm Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for IRhythm Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average IRhythm Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on IRhythm Technologies.

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.

Current Valuation

Current Valuation Comparative Analysis

IRhythm Technologies is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

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   5.13   
0%
100.0%
FNAParagon 28   2.30   
0%
44.0%
ELMDElectromed   0.69   
0%
13.0%
OFIXOrthofix Medical   0.57   
0%
11.0%
KIDSOrthopediatrics Corp   0.31   
0%
6.0%
LIVNLivaNova PLC   0.15   
0%
2.0%
GKOSGlaukos Corp   0.09   
0%
1.0%
CNMDCONMED   0.26   
5.0%
0%
SGHTSight Sciences   0.76   
14.0%
0%
ITGRInteger Holdings   0.78   
15.0%
0%
BRKRBruker   0.84   
16.0%
0%
SRDXSurModics   1.42   
27.0%
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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