Icc Holdings Stock Market Value
| ICCH Stock | USD 23.24 0.17 0.74% |
| Symbol | ICC |
ICC Holdings Price To Book Ratio
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICC Holdings. If investors know ICC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.415 | Earnings Share 2.16 | Revenue Per Share 31.33 | Quarterly Revenue Growth 0.233 | Return On Assets 0.024 |
The market value of ICC Holdings is measured differently than its book value, which is the value of ICC that is recorded on the company's balance sheet. Investors also form their own opinion of ICC Holdings' value that differs from its market value or its book value, called intrinsic value, which is ICC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICC Holdings' market value can be influenced by many factors that don't directly affect ICC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ICC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ICC Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ICC Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ICC Holdings.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in ICC Holdings on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding ICC Holdings or generate 0.0% return on investment in ICC Holdings over 720 days. ICC Holdings is related to or competes with Employers Holdings, AMERISAFE, NMI Holdings, Investors Title, James River, Essent, and Assured Guaranty. ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and be... More
ICC Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ICC Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ICC Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5202 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.36 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.7369 |
ICC Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICC Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICC Holdings' standard deviation. In reality, there are many statistical measures that can use ICC Holdings historical prices to predict the future ICC Holdings' volatility.| Risk Adjusted Performance | 0.0414 | |||
| Jensen Alpha | 0.0245 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (0.33) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICC Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ICC Holdings Backtested Returns
ICC Holdings is very steady at the moment. ICC Holdings retains Efficiency (Sharpe Ratio) of 0.056, which attests that the company had a 0.056% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for ICC Holdings, which you can use to evaluate the volatility of the entity. Please check out ICC Holdings' Downside Deviation of 0.5202, market risk adjusted performance of (0.32), and Semi Deviation of 0.3429 to validate if the risk estimate we provide is consistent with the expected return of 0.0258%. ICC Holdings has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0545, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ICC Holdings are expected to decrease at a much lower rate. During the bear market, ICC Holdings is likely to outperform the market. ICC Holdings at this time owns a risk of 0.46%. Please check out ICC Holdings treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if ICC Holdings will be following its current price history.
Auto-correlation | 0.52 |
Modest predictability
ICC Holdings has modest predictability. Overlapping area represents the amount of predictability between ICC Holdings time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ICC Holdings price movement. The serial correlation of 0.52 indicates that about 52.0% of current ICC Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 14.67 |
ICC Holdings lagged returns against current returns
Autocorrelation, which is ICC Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ICC Holdings' stock expected returns. We can calculate the autocorrelation of ICC Holdings returns to help us make a trade decision. For example, suppose you find that ICC Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ICC Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ICC Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICC Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICC Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
ICC Holdings Lagged Returns
When evaluating ICC Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICC Holdings stock have on its future price. ICC Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ICC Holdings autocorrelation shows the relationship between ICC Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in ICC Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ICC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICC Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icc Holdings Stock:Check out ICC Holdings Correlation, ICC Holdings Volatility and ICC Holdings Alpha and Beta module to complement your research on ICC Holdings. For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
ICC Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.