Icad Stock Future Price Prediction

ICAD
 Stock
  

USD 1.69  0.05  2.87%   

Icad Inc stock price prediction is an act of determining the future value of Icad shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Icad's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Icad and does not consider all of the tangible or intangible factors available from Icad's fundamental data. We analyze noise-free headlines and recent hype associated with Icad Inc, which may create opportunities for some arbitrage if properly timed.
Please see Icad Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Icad based on different types of headlines from major news networks to social media. The Icad stock price prediction module provides an analysis of price elasticity to changes in media outlook on Icad over a specific investment horizon.
EPS Estimate Next Quarter
(0.13) 
EPS Estimate Current Year
(0.56) 
EPS Estimate Next Year
(0.29) 
Wall Street Target Price
8.17
EPS Estimate Current Quarter
(0.13) 
Quarterly Revenue Growth YOY
(0.32) 
Using Icad hype-based prediction, you can estimate the value of Icad Inc from the perspective of Icad response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Icad using Icad's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Icad using crowd psychology based on the activity and movement of Icad's stock price.
Icad Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Inventory Turnover was at 2.48. The current year Accounts Payable Turnover is expected to grow to 8.40, whereas Accrued Expenses Turnover is forecasted to decline to 8.84.

Icad Short Interest

A significant increase or decrease in Icad's short interest from the previous month could be a good indicator of investor sentiment towards Icad. Short interest can provide insight into the potential direction of Icad stock and how bullish or bearish investors feel about the market overall. An investor who is long Icad may also wish to track short interest. As short interest increases, investors should be becoming more worried about Icad and may potentially protect profits, hedge Icad with its derivative instruments, or be ready for some potential downside.
200 Day MA
3.31
Short Percent
0.0142
Short Ratio
3.99
Shares Short Prior Month
331.5 K
50 Day MA
1.95
Shares Short
332.7 K

Icad Inc Hype to Price Pattern

Investor biases related to Icad's public news can be used to forecast risks associated with investment in Icad. The trend in average sentiment can be used to explain how an investor holding Icad can time the market purely based on public headlines and social activities around Icad Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Icad's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Icad.

Icad Implied Volatility

    
  157.65  
Icad's implied volatility exposes the market's sentiment of Icad Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Icad's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Icad stock will not fluctuate a lot when Icad's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Icad. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Icad to buy its stock at a price that has no basis in reality. In that case, they are not buying Icad because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Icad after-hype prediction price

    
  USD 1.7  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Icad'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. Please use the tools below to analyze the current value of Icad in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
0.826.4612.10
Details
Naive
Forecast
LowNext ValueHigh
0.0312751.567.20
Details
4 Analysts
Consensus
LowTarget PriceHigh
16.0020.7525.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-0.4-0.4-0.4
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icad. Your research has to be compared to or analyzed against Icad's peers to derive any actionable benefits. When done correctly, Icad's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Icad Inc.

Icad After-Hype Price Prediction Density Analysis

As far as predicting the price of Icad at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Icad or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Icad, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Icad Estimiated After-Hype Price Volatility

In the context of predicting Icad's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Icad's historical news coverage. Icad's after-hype downside and upside margins for the prediction period are 0.09 and 7.34, respectively. We have considered Icad's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 1.69
1.70
After-hype Price
7.34
Upside
Icad is relatively risky asset. Analysis and calculation of next after-hype price of Icad Inc is based on 3 months time horizon.

Icad Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Icad is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Icad backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Icad, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.64  5.63   0.03   0.61  6 Events / Month2 Events / MonthIn about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.691.701.16 
14,075  

Icad Hype Timeline

Icad Inc is currently traded for 1.69. The entity has historical hype elasticity of -0.03 and average elasticity to hype of competition of 0.61. Icad is forecasted to decline in value after the next headline with the price expected to drop to 1.7. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next newsis expected to be -1.16% whereas the daily expected return is currently at -0.64%. The volatility of related hype on Icad is about 595.32% with expected price after next announcement by competition of 2.3. About 49.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.23. Some equities with similar Price to Book (P/B) outperform the market in the long run. Icad Inc recorded a loss per share of 0.52. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 16th of August 2012. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days.
Please see Icad Basic Forecasting Models to cross-verify your projections.

Icad Related Hype Analysis

Having access to credible news sources related to Icad's direct competition is more important than ever and may enhance your ability to predict Icad's future price movements. Getting to know how Icad rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Icad may potentially react to the hype associated with one of its peers.

Icad Additional Predictive Modules

Most predictive techniques to examine Icad price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Icad using various technical indicators. When you analyze Icad charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Icad Predictive Indicators

The successful prediction of Icad stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Icad Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Icad based on analysis of Icad hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Icad's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Icad's related companies.
 2019 2020 2021 (projected)
PPandE Turnover56.8345.7441.38
Long Term Debt to Equity3.450.230.21

Story Coverage note for Icad

The number of cover stories for Icad depends on current market conditions and Icad's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Icad is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Icad's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Icad Short Properties

Icad's future price predictability will typically decrease when Icad's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Icad Inc often depends not only on the future outlook of the potential Icad'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. Icad's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding22140000.00
Cash And Short Term Investments34282000.00
Please see Icad Basic Forecasting Models to cross-verify your projections. Note that the Icad Inc information on this page should be used as a complementary analysis to other Icad'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Icad Stock analysis

When running Icad Inc price analysis, check to measure Icad'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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
46.3 M
Quarterly Revenue Growth YOY
(0.32) 
Return On Assets
(0.15) 
Return On Equity
(0.34) 
The market value of Icad Inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine Icad value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.