Icoreconnect Common Stock Stock Buy Hold or Sell Recommendation
| ICCT Stock | USD 0.17 0.01 5.56% |
Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding iCoreConnect Common stock is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell iCoreConnect Common stock given historical horizon and risk tolerance towards ICoreConnect Common. When Macroaxis issues a 'buy' or 'sell' recommendation for iCoreConnect Common stock, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ICoreConnect Common Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as ICoreConnect and provide practical buy, sell, or hold advice based on investors' constraints. iCoreConnect Common stock. 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.
ICoreConnect |
Execute ICoreConnect Common Buy or Sell Advice
The ICoreConnect recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on iCoreConnect Common stock. Macroaxis does not own or have any residual interests in iCoreConnect Common stock or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ICoreConnect Common's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ICoreConnect Common Trading Alerts and Improvement Suggestions
| ICoreConnect Common generated a negative expected return over the last 90 days | |
| ICoreConnect Common has high historical volatility and very poor performance | |
| ICoreConnect Common has some characteristics of a very speculative penny stock | |
| ICoreConnect Common has a very high chance of going through financial distress in the upcoming years | |
| iCoreConnect Common stock currently holds 7.88 M in liabilities. iCoreConnect Common stock has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ICoreConnect Common's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 8.15 M. Net Loss for the year was (15.55 M) with profit before overhead, payroll, taxes, and interest of 3.38 M. | |
| iCoreConnect Common stock currently holds about 164.26 K in cash with (8.82 M) of positive cash flow from operations. | |
| ICoreConnect Common has a frail financial position based on the latest SEC disclosures | |
| Roughly 33.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Disposition of 47600 shares by Periscope Capital Inc. of ICoreConnect Common subject to Rule 16b-3 |
ICoreConnect Common Returns Distribution Density
The distribution of ICoreConnect Common's historical returns is an attempt to chart the uncertainty of ICoreConnect Common's future price movements. The chart of the probability distribution of ICoreConnect Common daily returns describes the distribution of returns around its average expected value. We use iCoreConnect Common stock price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ICoreConnect Common returns is essential to provide solid investment advice for ICoreConnect Common.
| Mean Return | -1.26 | Value At Risk | -18.6 | Potential Upside | 8.33 | Standard Deviation | 11.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ICoreConnect Common historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ICoreConnect Common Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 444K | (437.4K) | 64.2K | 124.3K | 1.0M | 1.1M | |
| Free Cash Flow | (2.1M) | (1.8M) | (3.2M) | (1.6M) | (9.7M) | (9.2M) | |
| Depreciation | 655K | 905.2K | 1.4M | 1.3M | 1.3M | 745.9K | |
| Other Non Cash Items | (680K) | 42.4K | 1.3M | 1.3M | 7.9M | 8.3M | |
| Capital Expenditures | 423K | 543K | 300.6K | 294.0K | 886.9K | 931.2K | |
| Net Income | (3.0M) | (3.5M) | (5.0M) | (6.1M) | (15.6M) | (14.8M) | |
| End Period Cash Flow | 445K | 7.6K | 71.8K | 196.2K | 1.2M | 1.3M | |
| Change To Inventory | (33M) | (625K) | (922.8K) | 33.6K | 30.2K | 31.7K | |
| Investments | (473K) | (917.9K) | (3.5M) | (294.0K) | (10.2M) | (9.7M) | |
| Net Borrowings | (613K) | 605.2K | 2.8M | 1.3M | 1.1M | 833.8K | |
| Change To Netincome | (65K) | 524.5K | 1.6M | 426.4K | 490.4K | 859.1K |
ICoreConnect Common Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ICoreConnect Common or Health Care Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ICoreConnect Common's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ICoreConnect stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.53 | |
β | Beta against Dow Jones | 2.00 | |
σ | Overall volatility | 11.54 | |
Ir | Information ratio | -0.12 |
ICoreConnect Common Volatility Alert
iCoreConnect Common stock is displaying above-average volatility over the selected time horizon. iCoreConnect Common stock is a potential penny stock. Although ICoreConnect Common may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in iCoreConnect Common stock. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on ICoreConnect instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.ICoreConnect Common Fundamentals Vs Peers
Comparing ICoreConnect Common's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ICoreConnect Common's direct or indirect competition across all of the common fundamentals between ICoreConnect Common and the related equities. This way, we can detect undervalued stocks with similar characteristics as ICoreConnect Common or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ICoreConnect Common's fundamental indicators could also be used in its relative valuation, which is a method of valuing ICoreConnect Common by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ICoreConnect Common to competition |
| Fundamentals | ICoreConnect Common | Peer Average |
| Return On Equity | -10.42 | -0.31 |
| Return On Asset | -0.66 | -0.14 |
| Profit Margin | (2.61) % | (1.27) % |
| Operating Margin | (0.88) % | (5.51) % |
| Current Valuation | 15.93 M | 16.62 B |
| Shares Outstanding | 24.32 M | 571.82 M |
| Shares Owned By Insiders | 33.45 % | 10.09 % |
| Shares Owned By Institutions | 9.10 % | 39.21 % |
| Number Of Shares Shorted | 202.98 K | 4.71 M |
| Price To Book | 8.91 X | 9.51 X |
| Price To Sales | 0.41 X | 11.42 X |
| Revenue | 8.15 M | 9.43 B |
| Gross Profit | 3.38 M | 27.38 B |
| EBITDA | (11.88 M) | 3.9 B |
| Net Income | (15.55 M) | 570.98 M |
| Cash And Equivalents | 164.26 K | 2.7 B |
| Total Debt | 7.88 M | 5.32 B |
| Current Ratio | 0.35 X | 2.16 X |
| Book Value Per Share | 0.44 X | 1.93 K |
| Cash Flow From Operations | (8.82 M) | 971.22 M |
| Short Ratio | 0.02 X | 4.00 X |
| Earnings Per Share | (3.16) X | 3.12 X |
| Target Price | 0.5 | |
| Number Of Employees | 67 | 18.84 K |
| Beta | 0.68 | -0.15 |
| Market Capitalization | 4.16 M | 19.03 B |
| Total Asset | 15.69 M | 29.47 B |
| Retained Earnings | (115.04 M) | 9.33 B |
| Working Capital | (5.37 M) | 1.48 B |
| Net Asset | 15.69 M |
Note: Discretionary transaction by Pasqual John of tradable shares of ICoreConnect Common subject to Rule 16b-3 [view details]
ICoreConnect Common Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ICoreConnect . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.17 | |||
| Day Typical Price | 0.17 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 29.69 |
About ICoreConnect Common Buy or Sell Advice
When is the right time to buy or sell iCoreConnect Common stock? Buying financial instruments such as ICoreConnect Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for ICoreConnect Stock Analysis
When running ICoreConnect Common's price analysis, check to measure ICoreConnect Common'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 ICoreConnect Common is operating at the current time. Most of ICoreConnect Common's value examination focuses on studying past and present price action to predict the probability of ICoreConnect Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICoreConnect Common's price. Additionally, you may evaluate how the addition of ICoreConnect Common to your portfolios can decrease your overall portfolio volatility.