Icad Inc Stock Price on January 3, 2025
| ICAD Stock | USD 2.06 0.04 1.98% |
If you're considering investing in Icad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Icad stands at 2.06, as last reported on the 8th of January, with the highest price reaching 2.10 and the lowest price hitting 1.93 during the day. Icad appears to be dangerous, given 3 months investment horizon. icad inc holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Icad's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Icad's Risk Adjusted Performance of 0.1171, downside deviation of 6.05, and Market Risk Adjusted Performance of 0.6764 to validate if our risk estimates are consistent with your expectations.
Icad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Icad |
Sharpe Ratio = 0.1346
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Estimated Market Risk
| 6.25 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Icad is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Icad by adding it to a well-diversified portfolio.
Related Headline
Sight Sciences Headline on 3rd of January 2025
Disposition of 10102 shares by Alison Bauerlein of Sight Sci... by Alison Bauerlein
Filed transaction by Sight Sciences Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Icad Valuation on January 3, 2025
It is possible to determine the worth of Icad on a given historical date. On January 3, 2025 Icad was worth 1.99 at the beginning of the trading date compared to the closed value of 2.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icad stock. Still, in general, we apply an absolute valuation method to find Icad's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Icad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icad's related companies.
| Open | High | Low | Close | Volume | |
| 1.86 | 2.00 | 1.85 | 1.99 | 204,408 | |
01/03/2025 | 1.99 | 2.15 | 1.97 | 2.06 | 217,459 |
| 2.03 | 2.06 | 1.97 | 2.02 | 158,318 |
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Icad Trading Date Momentum on January 3, 2025
| On January 06 2025 icad inc was traded for 2.02 at the closing time. The top price for the day was 2.06 and the lowest listed price was 1.97 . The trading volume for the day was 158.3 K. The trading history from January 6, 2025 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.94% . The trading date delta against the current closing price is 0.97% . |
icad inc Fundamentals Correlations and Trends
By evaluating Icad's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Icad's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Icad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Icad Stock history
Icad investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Icad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in icad inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Icad stock prices may prove useful in developing a viable investing in Icad
iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was incorporated in 1984 and is headquartered in Nashua, New Hampshire. Icad operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 136 people.
Icad Stock Technical Analysis
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.
Price Boundaries
Icad Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
icad inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Icad January 8, 2025 Market Strength
Market strength 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 undertsting and applying Icad stock market strength indicators, traders can identify icad inc entry and exit signals to maximize returns
Icad Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Icad's price direction in advance. Along with the technical and fundamental analysis of Icad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icad to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.8316 | |||
| Total Risk Alpha | 0.8352 | |||
| Sortino Ratio | 0.1375 | |||
| Treynor Ratio | 0.6664 |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Icad Stock analysis
When running Icad's 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 the 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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