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BEATW Stock Analysis

Data source: Trade-Ideas Alerts | 3 alerts analyzed | Backtest period: 2022-03-18 → 2022-10-06

⚠️ Small sample size (3 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NASDAQ 📅 IPO: Nov 11, 2021 🔗 www.heartbeam.com
👥 Employees: 16
HeartBeam Inc is a medical technology company is focusing on developing and commercializing higher resolution ambulatory Electrocardiogram ("ECG") solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility setting. The Company's ability to develop higher-resolution ECG solutions is achieved through the development of the Company's proprietary and patented Vector Electrocardiography ("VECG") technology platform. The Company has validated this technology and is seeking U.S. Food and Drug Administration ("FDA") clearance for its initial telehealth products.
📊
3
Total Alerts
🎯
50.0%
Win Rate (5MIN)
💰
-2.73%
Avg Gain (5MIN)
🚀
-3.34%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%
Avg Gain: -2.73%
Avg Winner: +1.82%
Avg Loser: -7.27%
Best: +1.82%
Worst: -7.27%
Trades: 1/1

15MIN

Win Rate: 0.0%
Avg Gain: -15.67%
Avg Winner: +0.00%
Avg Loser: -15.67%
Best: -11.98%
Worst: -22.22%
Trades: 0/3

30MIN

Win Rate: 0.0%
Avg Gain: -16.00%
Avg Winner: +0.00%
Avg Loser: -16.00%
Best: -10.02%
Worst: -25.24%
Trades: 0/3

60MIN

Win Rate: 0.0%
Avg Gain: -15.15%
Avg Winner: +0.00%
Avg Loser: -15.15%
Best: -9.38%
Worst: -20.91%
Trades: 0/2

EOD (End of Day)

Win Rate: 0.0%
Avg Gain: -17.98%
Avg Winner: +0.00%
Avg Loser: -17.98%
Best: -4.55%
Worst: -27.27%
Trades: 0/3

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: -3.34%
Best MFE: +7.27%
Avg Time to MFE: 14 min

On average, BEATW alerts reach -3.34% profit potential within 14 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -12.43%
Worst MAE: -24.44%
Avg Time to MAE: 7 min

Before reaching MFE, expect an average drawdown of 12.43%.

⚖️ Risk/Reward Ratio

0.27:1

Challenging risk/reward - consider tighter stops.

💡 Trading Insight: Based on 3 alerts, BEATW typically reaches -3.34% profit before pulling back. Consider setting profit targets around -2.7% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 2
Gap Up % 0.0%
Avg Gap -6.42%
Best Gap +0.00%

🏭 Sector Comparison: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS

How BEATW compares to 88 other tickers in the same sector.

5-Min Gain
BEATW: -2.73% Sector: -0.34% -2.39%
EOD Gain
BEATW: -15.91% Sector: +38960.46% -38976.37%
Avg MFE
BEATW: +0.00% Sector: +8.67% -8.67%

📋 Last 20 Alerts

Historical BEATW alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2022-10-06 09:25:00 $1.1 +1.82% -11.98% -12.73% -20.91% -4.55% +7.27% - - WIN
2022-03-21 09:25:00 $0.55 -7.27% -12.82% -25.24% -9.38% -27.27% -7.27% -12.84% -12.84% LOSS
2022-03-18 09:25:00 $0.45 - -22.22% -10.02% - -22.13% -10.02% -24.44% - -

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ BEATW Shows Negative Expectancy

With 50.0% win rate and -2.73% average gain, BEATW alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider BEATW for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze BEATW with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for BEATW. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, BEATW historically offers an average upside of -3.34% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 BEATW Momentum Personality

With a baseline win rate of 50.0%, BEATW shows negative momentum - the stock tends to fade after alerts. This pattern suggests BEATW may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: BEATW shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -2.73%). This suggests BEATW is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.