ICC Holdings Stock Forecast - Daily Balance Of Power

ICCH Stock  USD 23.86  0.51  2.18%   
ICC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ICC Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The ICC Holdings' current Receivables Turnover is estimated to increase to 1.99, while Inventory Turnover is projected to decrease to (107.94). . The current Common Stock Shares Outstanding is estimated to decrease to about 2.6 M. The ICC Holdings' current Net Loss is estimated to increase to about (514.9 K).
On April 17, 2024 ICC Holdings had Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of ICC Holdings market sensitivity to bulls and bears. It estimates the ability of ICC Holdings buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ICC Holdings Balance of Power indicator one can determine a trend of the price direction.
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ICC Holdings Trading Date Momentum

On April 18 2024 ICC Holdings was traded for  15.95  at the closing time. The top price for the day was 15.95  and the lowest listed price was  15.95 . The trading volume for the day was 37.0. The trading history from April 18, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.31% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for ICC Holdings

For every potential investor in ICC, whether a beginner or expert, ICC Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ICC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ICC. Basic forecasting techniques help filter out the noise by identifying ICC Holdings' price trends.

ICC Holdings Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ICC Holdings stock to make a market-neutral strategy. Peer analysis of ICC Holdings could also be used in its relative valuation, which is a method of valuing ICC Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ICC Holdings Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ICC Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ICC Holdings' current price.

ICC Holdings Market Strength Events

Market strength indicators help investors to evaluate how ICC Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ICC Holdings shares will generate the highest return on investment. By undertsting and applying ICC Holdings stock market strength indicators, traders can identify ICC Holdings entry and exit signals to maximize returns.

ICC Holdings Risk Indicators

The analysis of ICC Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ICC Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting icc stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether ICC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICC Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icc Holdings Stock:
Check out Historical Fundamental Analysis of ICC Holdings to cross-verify your projections.
For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Property & Casualty Insurance 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 ICC Holdings. If investors know ICC 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 ICC Holdings 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
0.415
Earnings Share
2.16
Revenue Per Share
31.33
Quarterly Revenue Growth
0.233
Return On Assets
0.024
The market value of ICC Holdings is measured differently than its book value, which is the value of ICC that is recorded on the company's balance sheet. Investors also form their own opinion of ICC Holdings' value that differs from its market value or its book value, called intrinsic value, which is ICC Holdings' 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 ICC Holdings' market value can be influenced by many factors that don't directly affect ICC Holdings' 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 ICC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ICC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICC Holdings' 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.