Intchains Group Limited Stock Price on August 8, 2024
| ICG Stock | 5.97 0.71 10.63% |
If you're considering investing in Intchains Stock, it is important to understand the factors that can impact its price. As of today, the current price of Intchains Group stands at 5.97, as last reported on the 27th of December, with the highest price reaching 6.71 and the lowest price hitting 5.78 during the day. Intchains Group appears to be very risky, given 3 months investment horizon. Intchains Group holds Efficiency (Sharpe) Ratio of 0.0802, which attests that the entity had a 0.0802% return per unit of risk over the last 3 months. By evaluating Intchains Group's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please utilize Intchains Group's Standard Deviation of 13.23, market risk adjusted performance of 4.7, and Risk Adjusted Performance of 0.0042 to validate if our risk estimates are consistent with your expectations.
At this time, Intchains Group's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years. The Intchains Group's current Stock Based Compensation is estimated to increase to about 3.6 M, while Total Stockholder Equity is projected to decrease to roughly 553.7 M. . The Intchains Group's current Price Earnings To Growth Ratio is estimated to increase to 1.90, while Price To Sales Ratio is projected to decrease to 49.46. Intchains Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Intchains |
Sharpe Ratio = 0.0802
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Estimated Market Risk
| 12.18 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Intchains Group is performing at about 6% 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 Intchains Group by adding it to a well-diversified portfolio.
Price Book 2.9417 | Enterprise Value Ebitda (10.19) | Price Sales 2.1145 | Shares Float 23.2 M | Wall Street Target Price 11 |
Intchains Group Valuation on August 8, 2024
It is possible to determine the worth of Intchains Group on a given historical date. On August 8, 2024 Intchains was worth 5.92 at the beginning of the trading date compared to the closed value of 5.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Intchains Group stock. Still, in general, we apply an absolute valuation method to find Intchains Group'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 Intchains Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Intchains Group's related companies.
| Open | High | Low | Close | Volume | |
| 5.98 | 6.31 | 5.85 | 5.96 | 20,181 | |
08/08/2024 | 5.92 | 6.55 | 5.62 | 5.77 | 43,084 |
| 5.66 | 6.14 | 5.53 | 5.53 | 20,678 |
| Backtest Intchains Group | | | Intchains Group History | | | Intchains Group Valuation | Previous | Next |
Intchains Group Trading Date Momentum on August 8, 2024
| On August 09 2024 Intchains Group Limited was traded for 5.53 at the closing time. Highest Intchains Group's price during the trading hours was 6.14 and the lowest price during the day was 5.53 . The net volume was 20.7 K. The overall trading history on the 9th of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 4.16% . The trading delta at closing time to current price is 4.16% . |
Intchains Group Fundamentals Correlations and Trends
By evaluating Intchains Group'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 Intchains Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Intchains financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Intchains Group Stock history
Intchains Group 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 Intchains is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Intchains Group 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 Intchains Group stock prices may prove useful in developing a viable investing in Intchains Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.7 M | 66.3 M | |
| Net Income Applicable To Common Shares | 408.5 M | 222.9 M |
Intchains Group Quarterly Net Working Capital |
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Intchains Group Stock Technical Analysis
Intchains Group 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
Intchains Group Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Intchains Group Limited 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.
Intchains Group December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Intchains Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Intchains Group shares will generate the highest return on investment. By undertsting and applying Intchains Group stock market strength indicators, traders can identify Intchains Group Limited entry and exit signals to maximize returns
Intchains Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Intchains Group's price direction in advance. Along with the technical and fundamental analysis of Intchains Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Intchains 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 | 0.0042 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 4.69 |
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Complementary Tools for Intchains Stock analysis
When running Intchains Group's price analysis, check to measure Intchains Group'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 Intchains Group is operating at the current time. Most of Intchains Group's value examination focuses on studying past and present price action to predict the probability of Intchains Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intchains Group's price. Additionally, you may evaluate how the addition of Intchains Group to your portfolios can decrease your overall portfolio volatility.
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