Icoa Inc Stock Performance
| ICOA Stock | USD 0.0001 0.00 0.00% |
The firm retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and ICOA are completely uncorrelated.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ICOA Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating basic indicators, ICOA sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
ICOA |
ICOA Relative Risk vs. Return Landscape
If you would invest 0.01 in ICOA Inc on December 17, 2024 and sell it today you would earn a total of 0.00 from holding ICOA Inc or generate 0.0% return on investment over 90 days. ICOA Inc is currently generating 15.0% in daily expected returns and assumes 129.9609% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than ICOA, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ICOA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICOA's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as ICOA Inc, and traders can use it to determine the average amount a ICOA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1154
| Best Portfolio | Best Equity | ICOA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 129.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ICOA is performing at about 9% 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 ICOA by adding it to a well-diversified portfolio.
ICOA Fundamentals Growth
ICOA Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of ICOA, and ICOA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ICOA Pink Sheet performance.
| Profit Margin | 10.36 % | |||
| Operating Margin | 8.82 % | |||
| Current Valuation | 5.85 M | |||
| Shares Outstanding | 8.48 B | |||
| Price To Sales | 44.98 X | |||
| Revenue | 88.84 K | |||
| EBITDA | (4.11 M) | |||
| Cash And Equivalents | 224 | |||
| Total Debt | 3.15 M | |||
| Debt To Equity | (2.86) % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (23.37 K) | |||
| Total Asset | 35.45 K | |||
| Retained Earnings | (27.5 M) | |||
| Current Asset | 35 K | |||
| Current Liabilities | 15.07 M | |||
About ICOA Performance
By analyzing ICOA's fundamental ratios, stakeholders can gain valuable insights into ICOA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ICOA has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ICOA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ICOA, Inc. provides neutral-host wireless and wired broadband Internet services in the United States. ICOA, Inc. was founded in 1983 and is headquartered in Warwick, Rhode Island. ICOA INC is traded on OTC Exchange in the United States.Things to note about ICOA Inc performance evaluation
Checking the ongoing alerts about ICOA for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for ICOA Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ICOA Inc is way too risky over 90 days horizon | |
| ICOA Inc has some characteristics of a very speculative penny stock | |
| ICOA Inc appears to be risky and price may revert if volatility continues | |
| ICOA Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 88.84 K. Net Loss for the year was (1.08 M) with profit before overhead, payroll, taxes, and interest of 77.99 K. | |
| ICOA Inc currently holds about 224 in cash with (23.37 K) of positive cash flow from operations. |
- Analyzing ICOA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ICOA's stock is overvalued or undervalued compared to its peers.
- Examining ICOA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ICOA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ICOA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ICOA's pink sheet. These opinions can provide insight into ICOA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ICOA Pink Sheet analysis
When running ICOA's price analysis, check to measure ICOA'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 ICOA is operating at the current time. Most of ICOA's value examination focuses on studying past and present price action to predict the probability of ICOA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICOA's price. Additionally, you may evaluate how the addition of ICOA to your portfolios can decrease your overall portfolio volatility.
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