Iconovo (Sweden) Performance
| ICO Stock | SEK 1.12 0.02 1.82% |
The company retains a Market Volatility (i.e., Beta) of 0.66, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iconovo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iconovo is expected to be smaller as well. At this point, Iconovo has a negative expected return of -0.71%. Please make sure to check out Iconovo's rate of daily change, price action indicator, as well as the relationship between the kurtosis and value at risk , to decide if Iconovo performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Iconovo has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in February 2026. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 61.7 M | |
| Total Cashflows From Investing Activities | -26 M |
Iconovo |
Iconovo Relative Risk vs. Return Landscape
If you would invest 176.00 in Iconovo on October 30, 2025 and sell it today you would lose (64.00) from holding Iconovo or give up 36.36% of portfolio value over 90 days. Iconovo is producing return of less than zero assuming 3.1379% volatility of returns over the 90 days investment horizon. Simply put, 28% of all stocks have less volatile historical return distribution than Iconovo, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Iconovo Target Price Odds to finish over Current Price
The tendency of Iconovo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1.12 | 90 days | 1.12 | about 83.29 |
Based on a normal probability distribution, the odds of Iconovo to move above the current price in 90 days from now is about 83.29 (This Iconovo probability density function shows the probability of Iconovo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Iconovo has a beta of 0.66. This usually indicates as returns on the market go up, Iconovo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iconovo will be expected to be much smaller as well. Additionally Iconovo has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Iconovo Price Density |
| Price |
Predictive Modules for Iconovo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iconovo. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Iconovo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iconovo is not an exception. The market had few large corrections towards the Iconovo's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Iconovo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iconovo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.86 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.28 |
Iconovo Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Iconovo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iconovo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iconovo generated a negative expected return over the last 90 days | |
| Iconovo may become a speculative penny stock | |
| Iconovo has high historical volatility and very poor performance | |
| Iconovo has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 15.41 M. Net Loss for the year was (26.16 M) with profit before overhead, payroll, taxes, and interest of 21.31 M. | |
| Iconovo has accumulated about 94.94 M in cash with (11.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.84, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 48.0% of the company shares are held by company insiders |
Iconovo Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Iconovo Stock often depends not only on the future outlook of the current and potential Iconovo's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Iconovo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.4 M | |
| Cash And Short Term Investments | 94.9 M |
Iconovo Fundamentals Growth
Iconovo Stock prices reflect investors' perceptions of the future prospects and financial health of Iconovo, and Iconovo fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Iconovo Stock performance.
| Return On Equity | -0.32 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (1.18) % | |||
| Operating Margin | (1.20) % | |||
| Current Valuation | 417.92 M | |||
| Shares Outstanding | 8.85 M | |||
| Price To Book | 4.25 X | |||
| Price To Sales | 13.36 X | |||
| Revenue | 15.41 M | |||
| EBITDA | (20.45 M) | |||
| Cash And Equivalents | 94.94 M | |||
| Cash Per Share | 6.84 X | |||
| Book Value Per Share | 11.96 X | |||
| Cash Flow From Operations | (11.01 M) | |||
| Earnings Per Share | (3.31) X | |||
| Total Asset | 148.54 M | |||
About Iconovo Performance
Assessing Iconovo's fundamental ratios provides investors with valuable insights into Iconovo's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Iconovo 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.
Iconovo AB develops and licenses inhalation devices in Sweden. Iconovo AB was founded in 2013 and is based in Lund, Sweden. Iconovo AB operates under Medical Devices classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people.Things to note about Iconovo performance evaluation
Checking the ongoing alerts about Iconovo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Iconovo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Iconovo generated a negative expected return over the last 90 days | |
| Iconovo may become a speculative penny stock | |
| Iconovo has high historical volatility and very poor performance | |
| Iconovo has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 15.41 M. Net Loss for the year was (26.16 M) with profit before overhead, payroll, taxes, and interest of 21.31 M. | |
| Iconovo has accumulated about 94.94 M in cash with (11.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.84, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 48.0% of the company shares are held by company insiders |
- Analyzing Iconovo'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 Iconovo's stock is overvalued or undervalued compared to its peers.
- Examining Iconovo'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 Iconovo's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Iconovo's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Iconovo's stock. These opinions can provide insight into Iconovo's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Iconovo Stock Analysis
When running Iconovo's price analysis, check to measure Iconovo'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 Iconovo is operating at the current time. Most of Iconovo's value examination focuses on studying past and present price action to predict the probability of Iconovo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iconovo's price. Additionally, you may evaluate how the addition of Iconovo to your portfolios can decrease your overall portfolio volatility.