Irobot Stock Chance of Future Stock Price Finishing Over 83.51

IRBT Stock  USD 8.76  0.17  1.98%   
IRobot's implied volatility is one of the determining factors in the pricing options written on IRobot. Implied volatility approximates the future value of IRobot based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in IRobot over a specific time period. For example, 2024-04-05 CALL at $9.0 is a CALL option contract on IRobot's common stock with a strick price of 9.0 expiring on 2024-04-05. The contract was last traded on 2024-03-28 at 15:39:50 for $0.2 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $0.2, and an ask price of $0.25. The implied volatility as of the 28th of March is 61.5. View All IRobot options

Closest to current price IRobot long CALL Option Payoff at Expiration

IRobot's future price is the expected price of IRobot instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of IRobot performance during a given time horizon utilizing its historical volatility. Check out IRobot Backtesting, IRobot Valuation, IRobot Correlation, IRobot Hype Analysis, IRobot Volatility, IRobot History as well as IRobot Performance.
For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.
  
At this time, IRobot's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 2.60 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0 in 2024. Please specify IRobot's target price for which you would like IRobot odds to be computed.

IRobot Target Price Odds to finish over 83.51

The tendency of IRobot Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 83.51  or more in 90 days
 8.76 90 days 83.51 
near 1
Based on a normal probability distribution, the odds of IRobot to move over $ 83.51  or more in 90 days from now is near 1 (This IRobot probability density function shows the probability of IRobot Stock to fall within a particular range of prices over 90 days) . Probability of IRobot price to stay between its current price of $ 8.76  and $ 83.51  at the end of the 90-day period is about 80.37 .
Given the investment horizon of 90 days IRobot has a beta of 0.68. This usually indicates as returns on the market go up, IRobot average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IRobot will be expected to be much smaller as well. Additionally IRobot has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   IRobot Price Density   
       Price  

Predictive Modules for IRobot

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IRobot. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IRobot'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
2.908.7614.62
Details
Intrinsic
Valuation
LowRealHigh
2.558.4114.27
Details
Naive
Forecast
LowNextHigh
4.9110.7716.62
Details
4 Analysts
Consensus
LowTargetHigh
38.6542.4747.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IRobot. Your research has to be compared to or analyzed against IRobot's peers to derive any actionable benefits. When done correctly, IRobot'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 IRobot.

IRobot Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. IRobot is not an exception. The market had few large corrections towards the IRobot's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold IRobot, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IRobot within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-2.16
β
Beta against NYSE Composite0.68
σ
Overall volatility
10.67
Ir
Information ratio -0.39

IRobot Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of IRobot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IRobot can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
IRobot generated a negative expected return over the last 90 days
IRobot has high historical volatility and very poor performance
The company reported the previous year's revenue of 866.21 M. Net Loss for the year was (304.71 M) with profit before overhead, payroll, taxes, and interest of 357.92 M.
IRobot currently holds about 89.59 M in cash with (114.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28.
Over 80.0% of the company shares are owned by institutional investors
Latest headline from accesswire.com: Levi Korsinsky Notifies Shareholders of iRobot Corporation of a Class Action Lawsuit and an Upcoming Deadline

IRobot Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of IRobot Stock often depends not only on the future outlook of the current and potential IRobot's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. IRobot's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding27.7 M
Cash And Short Term Investments185.1 M

IRobot Technical Analysis

IRobot's future price can be derived by breaking down and analyzing its technical indicators over time. IRobot Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IRobot. In general, you should focus on analyzing IRobot Stock price patterns and their correlations with different microeconomic environments and drivers.

IRobot Predictive Forecast Models

IRobot's time-series forecasting models is one of many IRobot's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary IRobot's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about IRobot

Checking the ongoing alerts about IRobot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IRobot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
IRobot generated a negative expected return over the last 90 days
IRobot has high historical volatility and very poor performance
The company reported the previous year's revenue of 866.21 M. Net Loss for the year was (304.71 M) with profit before overhead, payroll, taxes, and interest of 357.92 M.
IRobot currently holds about 89.59 M in cash with (114.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28.
Over 80.0% of the company shares are owned by institutional investors
Latest headline from accesswire.com: Levi Korsinsky Notifies Shareholders of iRobot Corporation of a Class Action Lawsuit and an Upcoming Deadline
When determining whether IRobot is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IRobot Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Irobot Stock. Highlighted below are key reports to facilitate an investment decision about Irobot Stock:
Check out IRobot Backtesting, IRobot Valuation, IRobot Correlation, IRobot Hype Analysis, IRobot Volatility, IRobot History as well as IRobot Performance.
For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.
Note that the IRobot information on this page should be used as a complementary analysis to other IRobot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for IRobot Stock analysis

When running IRobot's price analysis, check to measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is IRobot'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 IRobot. If investors know IRobot 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 IRobot 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
(0.37)
Earnings Share
(11.01)
Revenue Per Share
56.524
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0076
The market value of IRobot is measured differently than its book value, which is the value of IRobot that is recorded on the company's balance sheet. Investors also form their own opinion of IRobot's value that differs from its market value or its book value, called intrinsic value, which is IRobot'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 IRobot's market value can be influenced by many factors that don't directly affect IRobot'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 IRobot's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRobot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRobot'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.