Icu Medical Stock Market Value
ICUI Stock | USD 163.87 2.20 1.32% |
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 (4.51) | Revenue Per Share | Quarterly Revenue Growth 0.065 | Return On Assets |
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.
11/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in ICU Medical on November 19, 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 60 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.
Information Ratio | (0.09) | |||
Maximum Drawdown | 9.24 | |||
Value At Risk | (2.68) | |||
Potential Upside | 3.24 |
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 | (0.05) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.18) | |||
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 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 holds Efficiency (Sharpe) Ratio of -0.068, which attests that the company had a -0.068% return per unit of volatility over the last 3 months. ICU Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ICU Medical's coefficient of variation of (1,423), and Market Risk Adjusted Performance of (0.32) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ICU Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding ICU Medical is expected to be smaller as well. At this point, ICU Medical has a negative expected return of -0.12%. Please make sure to check out ICU Medical's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if ICU Medical performance from the past will be repeated at future time.
Auto-correlation | -0.4 |
Poor reverse predictability
ICU Medical has poor reverse predictability. Overlapping area represents the amount of predictability between ICU Medical time series from 19th of November 2024 to 19th of December 2024 and 19th of December 2024 to 18th of January 2025. 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 -0.4 indicates that just about 40.0% of current ICU Medical price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.4 | |
Spearman Rank Test | -0.48 | |
Residual Average | 0.0 | |
Price Variance | 17.94 |
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 |
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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.