Icoreconnect Common Stock Stock Performance
| ICCT Stock | USD 0.17 0.01 5.56% |
The firm retains a Market Volatility (i.e., Beta) of 2.0, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ICoreConnect Common will likely underperform. At this point, iCoreConnect Common stock has a negative expected return of -1.04%. Please make sure to check out ICoreConnect Common's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if iCoreConnect Common stock performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days iCoreConnect Common stock has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:29.84 | Last Split Date 2023-08-28 |
1 | Disposition of tradable shares by Kalish Wayne Edward of ICoreConnect Common subject to Rule 16b-3 | 09/16/2024 |
2 | Insider Trading | 09/27/2024 |
3 | iCoreConnect Inc. Announces Strategic Acquisition of Healthcare Circle of Excellence Assets | 10/03/2024 |
4 | Acquisition by Archit Shah of 2000 shares of ICoreConnect Common at 0.0797 subject to Rule 16b-3 | 10/10/2024 |
5 | Disposition of 126100 shares by Periscope Capital Inc. of ICoreConnect Common subject to Rule 16b-3 | 10/21/2024 |
6 | Disposition of 50000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2625 subject to Rule 16b-3 | 10/25/2024 |
7 | Disposition of 50000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2453 subject to Rule 16b-3 | 10/28/2024 |
8 | Disposition of 100000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2327 subject to Rule 16b-3 | 10/29/2024 |
9 | Disposition of 100000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.2275 subject to Rule 16b-3 | 10/30/2024 |
10 | Disposition of 100000 shares by Fundamental Global Inc. of ICoreConnect Common at 0.1959 subject to Rule 16b-3 | 10/31/2024 |
11 | Discretionary transaction by Pasqual John of tradable shares of ICoreConnect Common subject to Rule 16b-3 | 11/01/2024 |
12 | iCoreConnect Announces Expansion of Endorsement With The Arizona Dental Association | 11/07/2024 |
13 | North Dakota Dental Association Endorses iCoreConnects Comprehensive Product Platform | 11/14/2024 |
14 | Disposition of 47600 shares by Periscope Capital Inc. of ICoreConnect Common subject to Rule 16b-3 | 11/25/2024 |
| Begin Period Cash Flow | 196.2 K |
ICoreConnect |
ICoreConnect Common Relative Risk vs. Return Landscape
If you would invest 49.00 in iCoreConnect Common stock on September 1, 2024 and sell it today you would lose (32.00) from holding iCoreConnect Common stock or give up 65.31% of portfolio value over 90 days. iCoreConnect Common stock is currently does not generate positive expected returns and assumes 11.5406% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than ICoreConnect, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ICoreConnect Common Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICoreConnect Common's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as iCoreConnect Common stock, and traders can use it to determine the average amount a ICoreConnect Common'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 = -0.0899
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| Negative Returns | ICCT |
Estimated Market Risk
| 11.54 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ICoreConnect Common is not performing at its full potential. However, 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 ICoreConnect Common by adding ICoreConnect Common to a well-diversified portfolio.
ICoreConnect Common Fundamentals Growth
ICoreConnect Stock prices reflect investors' perceptions of the future prospects and financial health of ICoreConnect Common, and ICoreConnect Common 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 ICoreConnect Stock performance.
| Return On Equity | -10.42 | ||||
| Return On Asset | -0.66 | ||||
| Profit Margin | (2.61) % | ||||
| Operating Margin | (0.88) % | ||||
| Current Valuation | 15.93 M | ||||
| Shares Outstanding | 24.32 M | ||||
| Price To Book | 8.91 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 8.15 M | ||||
| Gross Profit | 3.38 M | ||||
| EBITDA | (11.88 M) | ||||
| Net Income | (15.55 M) | ||||
| Cash And Equivalents | 164.26 K | ||||
| Total Debt | 7.88 M | ||||
| Current Ratio | 0.35 X | ||||
| Book Value Per Share | 0.44 X | ||||
| Cash Flow From Operations | (8.82 M) | ||||
| Earnings Per Share | (3.16) X | ||||
| Market Capitalization | 4.16 M | ||||
| Total Asset | 15.69 M | ||||
| Retained Earnings | (115.04 M) | ||||
| Working Capital | (5.37 M) | ||||
About ICoreConnect Common Performance
Assessing ICoreConnect Common's fundamental ratios provides investors with valuable insights into ICoreConnect Common's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ICoreConnect Common is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (606.27) | (575.96) | |
| Return On Tangible Assets | (1.51) | (1.58) | |
| Return On Capital Employed | (1.51) | (1.43) | |
| Return On Assets | (0.99) | (1.04) | |
| Return On Equity | (3.50) | (3.32) |
Things to note about iCoreConnect Common stock performance evaluation
Checking the ongoing alerts about ICoreConnect Common for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for iCoreConnect Common stock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing ICoreConnect Common'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 ICoreConnect Common's stock is overvalued or undervalued compared to its peers.
- Examining ICoreConnect Common'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 ICoreConnect Common's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ICoreConnect Common's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ICoreConnect Common's stock. These opinions can provide insight into ICoreConnect Common's potential for growth and whether the stock is currently undervalued or overvalued.
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.