Icad Stock Statistic Functions Beta

ICAD Stock

USD 1.28 0.03 2.40%

Icad statistic functions tool provides the execution environment for running the Beta function and other technical functions against Icad. Icad value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Icad statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Symbol

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Icad Inc correlated with the market. If Beta is less than 0 Icad generally moves in the opposite direction as compared to the market. If Icad Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icad Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icad is generally in the same direction as the market. If Beta > 1 Icad moves generally in the same direction as, but more than the movement of the benchmark.

Icad Technical Analysis Modules

Most technical analysis of Icad help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Icad from various momentum indicators to cycle 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.

	Cycle Indicators
	Math Operators
	Math Transform
	Momentum Indicators
	Overlap Studies
	Pattern Recognition
	Price Transform
	Statistic Functions
	Volatility Indicators
	Volume Indicators

About Icad Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Icad Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icad Inc based on widely used predictive technical indicators. In general, we focus on analyzing Icad Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icad's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Icad's intrinsic value. In addition to deriving basic predictive indicators for Icad, we also check how macroeconomic factors affect Icad price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

	2020	2022 (projected)
PPandE Turnover	45.74	37.24
Long Term Debt to Equity	0.23	0.21

PPandE Turnover Long Term Debt to Equity

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.

Hype

Prediction

Low	Estimated Value	High
0.06	1.28	7.77

Details

Intrinsic

Valuation

Low	Real Value	High
0.12	2.48	8.97

Details

Naive

Forecast

Low	Next Value	High
0.021466	1.07	7.57

Details

4 Analysts

Consensus

Low	Target Price	High
5.00	6.25	8.00

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.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Icad in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Icad's short interest history, or implied volatility extrapolated from Icad options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Banks Invested over 100 shares	Go
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	Driverless Cars Invested over 20 shares	Go
	Impulse Invested over 200 shares	Go
	Banking Invested over 40 shares	Go
	Momentum Invested few shares	Go

Check out Risk vs Return Analysis. For information on how to trade Icad Stock refer to our How to Trade Icad Stock guide. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.

Earnings Share

(0.58)

Revenue Per Share

1.163

Quarterly Revenue Growth

(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.

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Icad Stock Statistic Functions Beta

Icad Technical Analysis Modules

About Icad Predictive Technical Analysis

Trending Themes

Complementary Tools for Icad Stock analysis

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