Icad Inc Stock Alpha and Beta Analysis
| ICAD Stock | USD 1.28 0.04 3.03% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as icad inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Icad over a specified time horizon. Remember, high Icad's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Icad's market risk premium analysis include:
Beta 0.85 | Alpha (0.31) | Risk 3.47 | Sharpe Ratio (0.05) | Expected Return (0.18) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Icad |
Icad Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Icad market risk premium is the additional return an investor will receive from holding Icad long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Icad. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Icad's performance over market.| α | -0.31 | β | 0.85 |
Icad expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Icad's Buy-and-hold return. Our buy-and-hold chart shows how Icad performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Icad Market Price Analysis
Market price analysis indicators help investors to evaluate how Icad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icad shares will generate the highest return on investment. By understating and applying Icad stock market price indicators, traders can identify Icad position entry and exit signals to maximize returns.
Icad Return and Market Media
The median price of Icad for the period between Sun, Apr 28, 2024 and Sat, Jul 27, 2024 is 1.46 with a coefficient of variation of 9.48. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 1.44, and mean deviation of 0.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | UPDATE - iCAD to Report First Quarter 2024 Financial Results on May 15, 2024 | 05/08/2024 |
2 | iCAD Reports Financial Results for First Quarter Ended March 31, 2024 | 05/15/2024 |
3 | icad Inc Earnings Call Transcript Highlights Strategic Growth and Operational ... | 05/16/2024 |
4 | iCAD, Inc. Short Interest Down 8.2 percent in May - Defense World | 06/03/2024 |
5 | Brachytherapy Devices Market SWOT Analysis, Top Players Theragenics, Elekta, Boston Scientific Corporation, iCAD, Inc | 06/04/2024 |
6 | Acquisition by Jonathan Go of 30000 shares of Icad at 3.15 subject to Rule 16b-3 | 06/07/2024 |
7 | Disposition of 10000 shares by Sassine Andy of Icad at 5.26 subject to Rule 16b-3 | 06/12/2024 |
8 | Acquisition by Wood Susan Alyson of 13137 shares of Icad at 2.7 subject to Rule 16b-3 | 06/20/2024 |
9 | iCAD, Inc.s PS Still Appears To Be Reasonable | 06/27/2024 |
About Icad Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Icad or other stocks. Alpha measures the amount that position in icad inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.38 | 4.12 | 3.91 | 3.08 | Days Of Inventory On Hand | 162.05 | 241.88 | 120.31 | 202.68 |
Icad Upcoming Company Events
As portrayed in its financial statements, the presentation of Icad's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Icad's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Icad's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Icad. Please utilize our Beneish M Score to check the likelihood of Icad's management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Information and Resources on Investing in Icad Stock
When determining whether icad inc is a strong investment it is important to analyze Icad's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports:Check out Icad Backtesting, Icad Valuation, Icad Correlation, Icad Hype Analysis, Icad Volatility, Icad History and analyze Icad Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Icad technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.