Icad Inc Stock Price Prediction

ICAD Stock  USD 1.58  0.04  2.60%   
The RSI of Icad's the stock price is about 67. This usually indicates that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Icad, making its price go up or down.

Oversold Vs Overbought

67

 
Oversold
 
Overbought
The successful prediction of Icad's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Icad and does not consider all of the tangible or intangible factors available from Icad's fundamental data. We analyze noise-free headlines and recent hype associated with icad inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Icad's stock price prediction:
EPS Estimate Next Quarter
(0.08)
EPS Estimate Current Year
(0.23)
EPS Estimate Next Year
(0.25)
Wall Street Target Price
4.375
Quarterly Revenue Growth
0.206
Using Icad hype-based prediction, you can estimate the value of icad inc from the perspective of Icad response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Icad to buy its stock at a price that has no basis in reality. In that case, they are not buying Icad because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Icad after-hype prediction price

    
  USD 1.54  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Icad Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.122.358.27
Details
Naive
Forecast
LowNextHigh
0.021.237.15
Details
4 Analysts
Consensus
LowTargetHigh
4.444.885.42
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.06-0.06-0.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icad. Your research has to be compared to or analyzed against Icad's peers to derive any actionable benefits. When done correctly, Icad's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in icad inc.

Icad After-Hype Price Prediction Density Analysis

As far as predicting the price of Icad at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Icad or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Icad, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Icad Estimiated After-Hype Price Volatility

In the context of predicting Icad's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Icad's historical news coverage. Icad's after-hype downside and upside margins for the prediction period are 0.08 and 7.46, respectively. We have considered Icad's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.58
1.54
After-hype Price
7.46
Upside
Icad is dangerous at this time. Analysis and calculation of next after-hype price of icad inc is based on 3 months time horizon.

Icad Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Icad is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Icad backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Icad, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
5.97
  0.01 
  0.02 
8 Events / Month
14 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.58
1.54
0.00 
19,900  
Notes

Icad Hype Timeline

icad inc is currently traded for 1.58. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.02. Icad is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.21%. %. The volatility of related hype on Icad is about 5700.0%, with the expected price after the next announcement by competition of 1.56. About 27.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.38. Some equities with similar Price to Book (P/B) outperform the market in the long run. icad inc recorded a loss per share of 0.2. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 16th of August 2012. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days.
Check out Icad Basic Forecasting Models to cross-verify your projections.

Icad Related Hype Analysis

Having access to credible news sources related to Icad's direct competition is more important than ever and may enhance your ability to predict Icad's future price movements. Getting to know how Icad's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Icad may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PROFProfound Medical Corp 0.09 6 per month 0.00 (0.13) 4.26 (3.53) 18.74 
SIBNSi Bone(0.13)8 per month 0.00 (0.07) 6.75 (4.54) 27.00 
SGHTSight Sciences(0.43)9 per month 0.00 (0.18) 6.96 (7.84) 18.22 
NVRONevro Corp(1.78)8 per month 0.00 (0.05) 8.28 (7.61) 25.58 
FNAParagon 28 0.52 7 per month 4.05  0.07  7.83 (6.30) 43.16 
SSKNSTRATA Skin Sciences(0.03)11 per month 3.78  0.03  8.83 (7.20) 20.44 
SIENSientra 0.00 0 per month 7.64  0.14  25.49 (15.62) 59.73 
AXGNAxogen Inc 0.49 9 per month 3.70  0.01  4.73 (5.50) 21.60 
AIMDAinos Inc 0.01 7 per month 0.00 (0.09) 8.16 (7.69) 28.01 
LNSRLENSAR Inc 0.07 7 per month 3.77  0.16  8.92 (5.53) 23.28 
AZYOAziyo Biologics 0.04 5 per month 3.84  0.10  8.44 (7.23) 30.62 
INVOINVO Bioscience 0.57 3 per month 4.69  0.02  6.67 (6.85) 105.62 
NVNOenVVeno Medical Corp(0.45)5 per month 0.00 (0.15) 4.22 (4.76) 33.20 
ESTAEstablishment Labs Holdings(0.86)8 per month 4.20 (0.01) 8.20 (7.22) 22.26 
CVRXCVRx Inc 0.22 9 per month 3.55  0.15  12.31 (8.22) 41.08 
SRGASurgalign Holdings(0.12)6 per month 0.00 (0.24) 11.21 (20.00) 98.44 
SRDXSurModics(0.09)6 per month 0.00 (0.23) 1.26 (1.01) 3.22 
BMRABiomerica(0.01)3 per month 0.00 (0.08) 9.38 (10.26) 25.24 
MOVEMovano Inc(0.1)10 per month 0.00 (0.11) 9.44 (8.81) 35.49 

Icad Additional Predictive Modules

Most predictive techniques to examine Icad price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Icad using various technical indicators. When you analyze Icad charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Icad Predictive Indicators

The successful prediction of Icad stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as icad inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Icad based on analysis of Icad hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Icad's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Icad's related companies.
 2023 2024 (projected)
Dividend Yield0.0010060.001753
Price To Sales Ratio2.625.08

Story Coverage note for Icad

The number of cover stories for Icad depends on current market conditions and Icad's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Icad is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Icad's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Icad Short Properties

Icad's future price predictability will typically decrease when Icad's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of icad inc often depends not only on the future outlook of the potential Icad'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. Icad's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding25.6 M
Cash And Short Term Investments21.7 M

Complementary Tools for Icad Stock analysis

When running Icad's price analysis, check to measure Icad'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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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