Icu Medical Stock Market Value
| ICUI Stock | USD 167.81 0.65 0.39% |
| Symbol | ICU |
ICU Medical Price To Book Ratio
Is Health Care Equipment & Supplies 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 ICU Medical. If investors know ICU 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 ICU Medical 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 (0.24) | Earnings Share (4.57) | Revenue Per Share 96.302 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0066 |
The market value of ICU Medical is measured differently than its book value, which is the value of ICU that is recorded on the company's balance sheet. Investors also form their own opinion of ICU Medical's value that differs from its market value or its book value, called intrinsic value, which is ICU Medical's 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 ICU Medical's market value can be influenced by many factors that don't directly affect ICU Medical's 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 ICU Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICU Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICU Medical's 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.
ICU Medical '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 ICU Medical's 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 ICU Medical.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in ICU Medical on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ICU Medical or generate 0.0% return on investment in ICU Medical over 30 days. ICU Medical is related to or competes with Merit Medical, Cooper Companies,, AngioDynamics, AptarGroup, Hologic, Haemonetics, and Envista Holdings. ICU Medical, Inc., together with its subsidiaries, develops, manufactures, and sells medical devices used in infusion th... More
ICU Medical 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 ICU Medical's 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 ICU Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.87 |
ICU Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICU Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICU Medical's standard deviation. In reality, there are many statistical measures that can use ICU Medical historical prices to predict the future ICU Medical's volatility.| Risk Adjusted Performance | 0.0551 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0791 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICU Medical's 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.
ICU Medical Backtested Returns
ICU Medical is very steady at the moment. ICU Medical holds Efficiency (Sharpe) Ratio of 0.0369, which attests that the company had a 0.0369% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ICU Medical, which you can use to evaluate the volatility of the entity. Please check out ICU Medical's semi deviation of 1.31, and Market Risk Adjusted Performance of 0.0891 to validate if the risk estimate we provide is consistent with the expected return of 0.0568%. ICU Medical has a performance score of 2 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 1.15, 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, ICU Medical will likely underperform. ICU Medical currently retains a risk of 1.54%. Please check out ICU Medical potential upside, as well as the relationship between the kurtosis and day typical price , to decide if ICU Medical will be following its current trending patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
ICU Medical has weak reverse predictability. Overlapping area represents the amount of predictability between ICU Medical time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 ICU Medical price movement. The serial correlation of -0.24 indicates that over 24.0% of current ICU Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 14.77 |
ICU Medical lagged returns against current returns
Autocorrelation, which is ICU Medical 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 ICU Medical's stock expected returns. We can calculate the autocorrelation of ICU Medical returns to help us make a trade decision. For example, suppose you find that ICU Medical 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 |
ICU Medical 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 ICU Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICU Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICU Medical stock over time.
Current vs Lagged Prices |
| Timeline |
ICU Medical Lagged Returns
When evaluating ICU Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICU Medical stock have on its future price. ICU Medical 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, ICU Medical autocorrelation shows the relationship between ICU Medical stock current value and its past values and can show if there is a momentum factor associated with investing in ICU Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ICU Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICU Medical's 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 Icu Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icu Medical Stock:Check out ICU Medical Correlation, ICU Medical Volatility and ICU Medical Alpha and Beta module to complement your research on ICU Medical. For more detail on how to invest in ICU Stock please use our How to Invest in ICU Medical guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
ICU Medical 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.