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#1) EnteroMedics Inc.(ETRM) Forecast Chart for Aug 14, 2017*
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August 11, 2017 (RicochetTrader.com)

Forecast chart for EnteroMedics Inc. ( ETRM ) for the next 15 trading days, starting on August 14, 2017

On August 11, 2017 EnteroMedics Inc. had a closing price of $2.00 with 2,457,604 shares traded. The trading liquidity was $4.92M. The forecast predicted average opening price for trading date August 14, 2017 is $2.06.

Summary Information for EnteroMedics Inc. ( ETRM ).

Summary of the 10th percentile net composite return.
The best expected daily return of 7.4011% occurs on day 2 where there is a 10% chance that ETRM will rise to $2.88 (+39.77%) and there is a 10% chance it will fall to $1.56 (-24.42%). There is a 20% that ETRM will cross one of these price levels in 2 days, and adding the returns of +39.77% and -24.42% yields a net composite return of 15.35%. A net return of 15.35% in 2 days is an EDR of 7.4011% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 5.6551% occurs on day 2 where there is a 20% chance that ETRM will rise to $2.64 (+28.10%) and there is a 20% chance it will fall to $1.72 (-16.47%). There is a 40% that ETRM will cross one of these price levels in 2 days, and adding the returns of +28.10% and -16.47% yields a net composite return of 11.63%. A net return of 11.63% in 2 days is an EDR of 5.6551% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 3.0000% occurs on day 2 where there is a 30% chance that ETRM will rise to $2.44 (+18.30%) and there is a 30% chance it will fall to $1.81 (-12.21%). There is a 60% that ETRM will cross one of these price levels in 2 days, and adding the returns of +18.30% and -12.21% yields a net composite return of 6.09%. A net return of 6.09% in 2 days is an EDR of 3.0000% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 2.6112% occurs on day 3 where there is a 40% chance that ETRM will rise to $2.35 (+14.29%) and there is a 40% chance it will fall to $1.93 (-6.25%). There is a 80% that ETRM will cross one of these price levels in 3 days, and adding the returns of +14.29% and -6.25% yields a net composite return of 8.04%. A net return of 8.04% in 3 days is an EDR of 2.6112% per day.

* The forecast for EnteroMedics Inc. (ETRM) was made using market data after the close on August 11, 2017 but is generated for the next trading day, or August 14, 2017


NOTICE: We are currently working on a new site to better serve our users.
Unfortunately this will take some time and we will need to stop the forecast until the new site is completed.
Sorry for any inconveniences.