Icon Offshore Berhad Full Year 2023 Earnings EPS RM0.009 - Simply Wall St
| 5255 Stock | 1.07 0.04 3.88% |
About 55% of Icon Offshore's institutional investors are presently thinking to get in. The analysis of current outlook of investing in Icon Offshore Bhd suggests that some traders are interested regarding Icon Offshore's prospects. Icon Offshore's investing sentiment shows overall attitude of investors towards Icon Offshore Bhd.
Icon Offshore stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Icon daily returns and investor perception about the current price of Icon Offshore Bhd as well as its diversification or hedging effects on your existing portfolios.
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Icon Offshore Berhad Full Year 2023 Earnings EPS RM0.009 Simply Wall St
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Icon Offshore Fundamental Analysis
We analyze Icon Offshore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Offshore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Offshore based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Z Score
Z Score Comparative Analysis
Icon Offshore is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Icon Offshore Bhd Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Icon Offshore stock to make a market-neutral strategy. Peer analysis of Icon Offshore could also be used in its relative valuation, which is a method of valuing Icon Offshore by comparing valuation metrics with similar companies.
Peers
Icon Offshore Related Equities
| 0190 | Eversafe Rubber | 6.67 | ||||
| 2542 | Riverview Rubber | 4.92 | ||||
| 7217 | Eonmetall Group | 3.23 | ||||
| 5797 | Choo Bee | 2.90 | ||||
| 5100 | BP Plastics | 2.52 | ||||
| 2569 | Sungei Bagan | 0.71 | ||||
| 0195 | Binasat Communications | 4.55 | ||||
| 0131 | Diversified Gateway | 7.69 |
Other Information on Investing in Icon Stock
Icon Offshore financial ratios help investors to determine whether Icon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Offshore security.