Icad Revenue vs. Shares Owned By Institutions
| ICAD Stock | USD 1.58 0.04 2.60% |
Total Revenue | First Reported 1987-03-31 | Previous Quarter 5 M | Current Value 4.2 M | Quarterly Volatility 2.8 M |
For Icad profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Icad to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well icad inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Icad's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of icad inc over time as well as its relative position and ranking within its peers.
Icad |
Is Health Care Technology 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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.20) | Revenue Per Share 0.718 | Quarterly Revenue Growth 0.206 | Return On Assets (0.08) | Return On Equity (0.15) |
The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.
icad inc Shares Owned By Institutions vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Icad's current stock value. Our valuation model uses many indicators to compare Icad value to that of its competitors to determine the firm's financial worth. icad inc is rated below average in revenue category among its peers. It is rated below average in shares owned by institutions category among its peers . The ratio of Revenue to Shares Owned By Institutions for icad inc is about 637,864 . At present, Icad's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Icad by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Icad Revenue vs. Competition
icad inc is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 1.68 Billion. Icad claims roughly 17.32 Million in revenue contributing just under 2% to equities under Health Care industry.
Icad Shares Owned By Institutions vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Icad |
| = | 17.32 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Icad |
| = | 27.15 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Icad Shares Owned By Institutions Comparison
Icad is currently under evaluation in shares owned by institutions category among its peers.
Icad Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Icad, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Icad will eventually generate negative long term returns. The profitability progress is the general direction of Icad's change in net profit over the period of time. It can combine multiple indicators of Icad, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -7.7 M | -8.1 M | |
| Income Before Tax | -7 M | -7.3 M | |
| Total Other Income Expense Net | 699 K | 734 K | |
| Net Loss | -4.8 M | -5.1 M | |
| Income Tax Expense | 20 K | 19 K | |
| Net Loss | -12.3 M | -12.9 M | |
| Net Loss | -12.5 M | -13.2 M | |
| Non Operating Income Net Other | -426.6 K | -448 K | |
| Interest Income | 652 K | 684.6 K | |
| Net Interest Income | 647 K | 679.4 K | |
| Change To Netincome | 3.1 M | 2.9 M | |
| Net Loss | (0.19) | (0.20) | |
| Income Quality | 1.02 | 1.08 | |
| Net Income Per E B T | 0.69 | 1.13 |
Icad Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Icad. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Icad position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Icad's important profitability drivers and their relationship over time.
Use Icad in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Icad position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Icad will appreciate offsetting losses from the drop in the long position's value.Icad Pair Trading
icad inc Pair Trading Analysis
The ability to find closely correlated positions to Icad could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Icad when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Icad - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling icad inc to buy it.
The correlation of Icad is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Icad moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if icad inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Icad can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Icad position
In addition to having Icad in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Icad's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of icad inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Icad's income statement, its balance sheet, and the statement of cash flows.