Icu Medical Stock Probability of Future Stock Price Finishing Under 104.52
| ICUI Stock | USD 153.20 0.87 0.56% |
ICU |
ICU Medical Target Price Odds to finish below 104.52
The tendency of ICU Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 104.52 or more in 90 days |
| 153.20 | 90 days | 104.52 | near 1 |
Based on a normal probability distribution, the odds of ICU Medical to drop to $ 104.52 or more in 90 days from now is near 1 (This ICU Medical probability density function shows the probability of ICU Stock to fall within a particular range of prices over 90 days) . Probability of ICU Medical price to stay between $ 104.52 and its current price of $153.2 at the end of the 90-day period is about 1.47 .
Given the investment horizon of 90 days ICU Medical has a beta of -0.17. This usually indicates as returns on the benchmark increase, returns on holding ICU Medical are expected to decrease at a much lower rate. During a bear market, however, ICU Medical is likely to outperform the market. Additionally ICU Medical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ICU Medical Price Density |
| Price |
Predictive Modules for ICU Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ICU Medical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICU Medical'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.
ICU Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ICU Medical is not an exception. The market had few large corrections towards the ICU Medical's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ICU Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICU Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 8.47 | |
Ir | Information ratio | -0.13 |
ICU Medical Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ICU Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICU Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ICU Medical generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 2.26 B. Net Loss for the year was (29.66 M) with profit before overhead, payroll, taxes, and interest of 697.76 M. | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Disposition of 2241 shares by Daniel Woolson of ICU Medical at 156.251 subject to Rule 16b-3 |
ICU Medical Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ICU Stock often depends not only on the future outlook of the current and potential ICU Medical'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. ICU Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.1 M | |
| Cash And Short Term Investments | 254.7 M |
ICU Medical Technical Analysis
ICU Medical's future price can be derived by breaking down and analyzing its technical indicators over time. ICU Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICU Medical. In general, you should focus on analyzing ICU Stock price patterns and their correlations with different microeconomic environments and drivers.
ICU Medical Predictive Forecast Models
ICU Medical's time-series forecasting models is one of many ICU Medical's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ICU Medical's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ICU Medical
Checking the ongoing alerts about ICU Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICU Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ICU Medical generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 2.26 B. Net Loss for the year was (29.66 M) with profit before overhead, payroll, taxes, and interest of 697.76 M. | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Disposition of 2241 shares by Daniel Woolson of ICU Medical at 156.251 subject to Rule 16b-3 |
Check out ICU Medical Backtesting, ICU Medical Valuation, ICU Medical Correlation, ICU Medical Hype Analysis, ICU Medical Volatility, ICU Medical History as well as ICU Medical Performance. For more detail on how to invest in ICU Stock please use our How to Invest in ICU Medical guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Health Care Equipment & Supplies space 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 ICU Medical. If investors know ICU 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 ICU Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Earnings Share (4.57) | Revenue Per Share 96.302 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0066 |
The market value of ICU Medical is measured differently than its book value, which is the value of ICU that is recorded on the company's balance sheet. Investors also form their own opinion of ICU Medical's value that differs from its market value or its book value, called intrinsic value, which is ICU Medical'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 ICU Medical's market value can be influenced by many factors that don't directly affect ICU Medical'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 ICU Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICU Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICU Medical'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.