Icon Plc Stock Alpha and Beta Analysis
| ICLR Stock | USD 216.76 2.51 1.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ICON PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in ICON PLC over a specified time horizon. Remember, high ICON PLC's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ICON PLC's market risk premium analysis include:
Beta 1.2 | Alpha (0.70) | Risk 3.43 | Sharpe Ratio (0.17) | Expected Return (0.59) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ICON |
ICON PLC Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ICON PLC market risk premium is the additional return an investor will receive from holding ICON PLC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ICON PLC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ICON PLC's performance over market.| α | -0.7 | β | 1.20 |
ICON PLC expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ICON PLC's Buy-and-hold return. Our buy-and-hold chart shows how ICON PLC performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ICON PLC Market Price Analysis
Market price analysis indicators help investors to evaluate how ICON PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ICON PLC shares will generate the highest return on investment. By understating and applying ICON PLC stock market price indicators, traders can identify ICON PLC position entry and exit signals to maximize returns.
ICON PLC Return and Market Media
The median price of ICON PLC for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 290.37 with a coefficient of variation of 15.62. The daily time series for the period is distributed with a sample standard deviation of 42.27, arithmetic mean of 270.56, and mean deviation of 37.77. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Icon PLC Stock Price Down 7.72 percent on Sep 10 | 09/10/2024 |
2 | Heres How Much 1000 Invested In Icon 15 Years Ago Would Be Worth Today | 10/08/2024 |
3 | ICON Third Quarter 2024 Earnings Misses Expectations | 10/25/2024 |
4 | 1000 Invested In This Stock 15 Years Ago Would Be Worth 9,100 Today | 10/28/2024 |
5 | Icon PLC Shares Up 3.48 percent on Nov 6 | 11/06/2024 |
6 | ICON Public Hits New 1-Year Low Whats Next | 11/13/2024 |
7 | Should You Think About Buying ICON Public Limited Company Now | 11/14/2024 |
8 | INVESTOR ALERT Law Offices of Howard G. Smith Announces Investigation of ICON Public Limited Company on Behalf of Investors | 11/15/2024 |
9 | Should You Retain Your Conviction in Icon Plc | 11/21/2024 |
10 | ICON stock performs better than its underlying earnings growth over last five years | 11/22/2024 |
About ICON PLC Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ICON or other stocks. Alpha measures the amount that position in ICON PLC has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 138.05 | 132.09 | 130.32 | 142.15 | PTB Ratio | 2.58 | 1.86 | 2.52 | 2.02 |
ICON PLC Upcoming Company Events
As portrayed in its financial statements, the presentation of ICON PLC's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ICON PLC's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ICON PLC's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ICON PLC. Please utilize our Beneish M Score to check the likelihood of ICON PLC's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with ICON PLC
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Additional Tools for ICON Stock Analysis
When running ICON PLC's price analysis, check to measure ICON PLC'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 ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.