Icon Offshore (Malaysia) Price on May 14, 2024

5255 Stock   1.02  0.01  0.99%   
If you're considering investing in Icon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Icon Offshore stands at 1.02, as last reported on the 12th of December 2024, with the highest price reaching 1.03 and the lowest price hitting 1.01 during the day. Icon Offshore Bhd holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Icon Offshore Bhd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Icon Offshore's Market Risk Adjusted Performance of (1.39), risk adjusted performance of (0.07), and Standard Deviation of 2.52 to validate the risk estimate we provide.
  
Icon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1055

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns5255

Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Icon Offshore 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 Icon Offshore by adding Icon Offshore to a well-diversified portfolio.

Icon Offshore Valuation on May 14, 2024

It is possible to determine the worth of Icon Offshore on a given historical date. On May 14, 2024 Icon was worth 0.77 at the beginning of the trading date compared to the closed value of 0.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icon Offshore stock. Still, in general, we apply an absolute valuation method to find Icon Offshore's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Icon Offshore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icon Offshore's related companies.
 Open High Low Close Volume
  0.79    0.79    0.76    0.77    3,288,300  
05/14/2024
  0.77    0.79    0.77    0.79    1,243,900  
  0.79    0.80    0.78    0.79    4,719,500  
Backtest Icon Offshore  |  Icon Offshore History  |  Icon Offshore Valuation   PreviousNext  
Open Value
0.77
0.79
Closing Value
8.14
Upside

Icon Offshore Trading Date Momentum on May 14, 2024

On May 15 2024 Icon Offshore Bhd was traded for  0.79  at the closing time. The highest price during the trading period was 0.80  and the lowest recorded bid was listed for  0.78 . The volume for the day was 4.7 M. This history from May 15, 2024 did not cause price change. The trading delta at closing time to the current price is 6.33% .

Icon Offshore Bhd Fundamentals Correlations and Trends

By evaluating Icon Offshore's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Icon Offshore's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Icon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Icon Offshore Stock history

Icon Offshore investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Icon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Icon Offshore Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Icon Offshore stock prices may prove useful in developing a viable investing in Icon Offshore

Icon Offshore Stock Technical Analysis

Icon Offshore technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Icon Offshore technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Icon Offshore trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Icon Offshore Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Icon Offshore Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Icon Offshore December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Icon Offshore stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icon Offshore shares will generate the highest return on investment. By undertsting and applying Icon Offshore stock market strength indicators, traders can identify Icon Offshore Bhd entry and exit signals to maximize returns

Icon Offshore Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Icon Offshore's price direction in advance. Along with the technical and fundamental analysis of Icon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Icon Stock

Icon Offshore financial ratios help investors to determine whether Icon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Offshore security.