Ice Code (Poland) Performance
| ICG Stock | 0.21 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -1.09, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Ice Code are expected to decrease slowly. On the other hand, during market turmoil, Ice Code is expected to outperform it slightly. At this point, Ice Code Games has a negative expected return of -0.65%. Please make sure to check out Ice Code's information ratio, as well as the relationship between the potential upside and day median price , to decide if Ice Code Games performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ice Code Games has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in December 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
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Ice Code Relative Risk vs. Return Landscape
If you would invest 31.00 in Ice Code Games on August 24, 2024 and sell it today you would lose (10.00) from holding Ice Code Games or give up 32.26% of portfolio value over 90 days. Ice Code Games is generating negative expected returns and assumes 4.9428% volatility on return distribution over the 90 days horizon. Simply put, 44% of stocks are less volatile than Ice, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ice Code Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ice Code's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ice Code Games, and traders can use it to determine the average amount a Ice Code'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 = -0.1319
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| Negative Returns | ICG |
Estimated Market Risk
| 4.94 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ice Code 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 Ice Code by adding Ice Code to a well-diversified portfolio.
About Ice Code Performance
Assessing Ice Code's fundamental ratios provides investors with valuable insights into Ice Code's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Ice Code 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.
Things to note about Ice Code Games performance evaluation
Checking the ongoing alerts about Ice Code for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ice Code Games help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ice Code Games generated a negative expected return over the last 90 days | |
| Ice Code Games has some characteristics of a very speculative penny stock | |
| Ice Code Games has high historical volatility and very poor performance |
- Analyzing Ice Code'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 Ice Code's stock is overvalued or undervalued compared to its peers.
- Examining Ice Code'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 Ice Code's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ice Code's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ice Code's stock. These opinions can provide insight into Ice Code's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ice Stock Analysis
When running Ice Code's price analysis, check to measure Ice Code'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 Ice Code is operating at the current time. Most of Ice Code's value examination focuses on studying past and present price action to predict the probability of Ice Code's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ice Code's price. Additionally, you may evaluate how the addition of Ice Code to your portfolios can decrease your overall portfolio volatility.