Iconovo (Sweden) Analysis

Iconovo Stock Analysis Notes

About 48.0% of the company shares are held by company insiders. The book value of Iconovo was currently reported as 11.96. The company recorded a loss per share of 3.31. Iconovo had not issued any dividends in recent years. 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. To learn more about Iconovo call the company at 46 4 62 75 67 77 or check out https://www.iconovo.se.

Iconovo Investment Alerts

Iconovo Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 389.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iconovo's market, we take the total number of its shares issued and multiply it by Iconovo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Iconovo Profitablity

The company has Profit Margin (PM) of (1.18) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.2) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.2.

Technical Drivers

As of the 2nd of January, Iconovo retains the Risk Adjusted Performance of (0.25), standard deviation of 2.88, and Market Risk Adjusted Performance of 5.28. Iconovo technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Iconovo Price Movement Analysis

Iconovo Outstanding Bonds

Iconovo Predictive Daily Indicators

Iconovo Forecast Models

Iconovo's time-series forecasting models are one of many Iconovo's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Iconovo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Iconovo Debt to Cash Allocation

The company has a current ratio of 7.77, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Iconovo until it has trouble settling it off, either with new capital or with free cash flow. So, Iconovo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iconovo sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iconovo to invest in growth at high rates of return. When we think about Iconovo's use of debt, we should always consider it together with cash and equity.

Iconovo Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Iconovo's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Iconovo, which in turn will lower the firm's financial flexibility.

Iconovo Corporate Bonds Issued

Stock analysis is the technique used by a trader or investor to examine and evaluate how Iconovo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Iconovo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Iconovo. By using and applying Iconovo Stock analysis, traders can create a robust methodology for identifying Iconovo entry and exit points for their positions.

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.