iRhythm Technologies is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Co.'s principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services. The Zio Systems and Services deliver a patient-friendly design that enables patient compliance with minimal electrocardiogram data noise or artifact, thereby potentially delivering clinical accuracy to physicians diagnosing arrhythmias and reducing the cost of care for healthcare systems. Co. provides three Zio System options: the Zio XT System, the Zio AT System, and the Zio Monitor System. The IRTC average annual return since 2016 is shown above.
The Average Annual Return on the IRTC average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether IRTC average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the IRTC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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