Icecure Medical Stock Price on August 14, 2024
| ICCM Stock | USD 1.08 0.03 2.70% |
Below is the normalized historical share price chart for Icecure Medical extending back to November 07, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Icecure Medical stands at 1.08, as last reported on the 27th of December, with the highest price reaching 1.13 and the lowest price hitting 1.04 during the day.
If you're considering investing in Icecure Stock, it is important to understand the factors that can impact its price. Icecure Medical is dangerous given 3 months investment horizon. Icecure Medical holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use Icecure Medical Risk Adjusted Performance of 0.1454, downside deviation of 4.32, and Market Risk Adjusted Performance of (38.06) to evaluate company specific risk that cannot be diversified away.
At this time, Icecure Medical's Common Stock Shares Outstanding is very stable compared to the past year. As of the 27th of December 2024, Common Stock is likely to grow to about 6.1 M, while Liabilities And Stockholders Equity is likely to drop about 12.7 M. . At this time, Icecure Medical's Price Book Value Ratio is very stable compared to the past year. As of the 27th of December 2024, Price To Book Ratio is likely to grow to 4.22, while Price Earnings Ratio is likely to drop (3.50). Icecure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of August 2021 | 200 Day MA 0.8515 | 50 Day MA 0.7692 | Beta 2.631 |
Icecure |
Sharpe Ratio = 0.1923
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ICCM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.9 actual daily | 52 52% of assets are less volatile |
Expected Return
| 1.13 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Icecure Medical is performing at about 15% 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 Icecure Medical by adding it to a well-diversified portfolio.
Price Book 6.1791 | Enterprise Value Ebitda (2.63) | Price Sales 18.6336 | Shares Float 22.7 M | Wall Street Target Price 3.3667 |
Related Headline
Treace Medical Headline on 14th of August 2024
Filed transaction by Treace Medical Concepts Director, 10 Percent Owner, Officer: Chief Executive Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Icecure Medical Valuation on August 14, 2024
It is possible to determine the worth of Icecure Medical on a given historical date. On August 14, 2024 Icecure was worth 0.62 at the beginning of the trading date compared to the closed value of 0.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icecure Medical stock. Still, in general, we apply an absolute valuation method to find Icecure Medical'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 Icecure Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icecure Medical's related companies.
| Open | High | Low | Close | Volume | |
| 0.61 | 0.62 | 0.60 | 0.61 | 205,885 | |
08/14/2024 | 0.62 | 0.64 | 0.58 | 0.59 | 6,170,733 |
| 0.56 | 0.58 | 0.55 | 0.58 | 1,143,249 |
| Backtest Icecure Medical | | | Icecure Medical History | | | Icecure Medical Valuation | Previous | Next |
Icecure Medical Trading Date Momentum on August 14, 2024
| On August 15 2024 Icecure Medical was traded for 0.58 at the closing time. The top price for the day was 0.58 and the lowest listed price was 0.55 . The trading volume for the day was 1.1 M. The trading history from August 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.69% . The trading delta at closing time against the current closing price is 25.42% . |
Icecure Medical Fundamentals Correlations and Trends
By evaluating Icecure Medical'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 Icecure Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Icecure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Icecure Medical Stock history
Icecure Medical 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 Icecure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Icecure Medical 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 Icecure Medical stock prices may prove useful in developing a viable investing in Icecure Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.6 M | 47.9 M | |
| Net Loss | -15.3 M | -16 M |
Icecure Medical Quarterly Net Working Capital |
|
Icecure Medical Stock Technical Analysis
Icecure Medical 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
Icecure Medical Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Icecure Medical 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.
Icecure Medical December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Icecure Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icecure Medical shares will generate the highest return on investment. By undertsting and applying Icecure Medical stock market strength indicators, traders can identify Icecure Medical entry and exit signals to maximize returns
Icecure Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Icecure Medical's price direction in advance. Along with the technical and fundamental analysis of Icecure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icecure 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 | 0.1454 | |||
| Jensen Alpha | 0.9871 | |||
| Total Risk Alpha | 0.671 | |||
| Sortino Ratio | 0.218 | |||
| Treynor Ratio | (38.07) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icecure Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market 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 Icecure Medical. If investors know Icecure 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 Icecure Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 0.071 | Quarterly Revenue Growth 0.079 | Return On Assets (0.47) | Return On Equity (0.94) |
The market value of Icecure Medical is measured differently than its book value, which is the value of Icecure that is recorded on the company's balance sheet. Investors also form their own opinion of Icecure Medical's value that differs from its market value or its book value, called intrinsic value, which is Icecure 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 Icecure Medical's market value can be influenced by many factors that don't directly affect Icecure 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 Icecure Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icecure Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icecure 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.