Icecure Medical Stock Price Prediction

ICCM Stock  USD 0.83  0.04  5.06%   
As of now the relative strength index (rsi) of Icecure Medical's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

45

 
Oversold
 
Overbought
The successful prediction of Icecure Medical'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 Icecure Medical and does not consider all of the tangible or intangible factors available from Icecure Medical's fundamental data. We analyze noise-free headlines and recent hype associated with Icecure Medical, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Icecure Medical's stock price prediction:
EPS Estimate Next Quarter
(0.07)
EPS Estimate Current Year
(0.28)
EPS Estimate Next Year
(0.24)
Wall Street Target Price
3.3667
Quarterly Revenue Growth
0.079
Using Icecure Medical hype-based prediction, you can estimate the value of Icecure Medical from the perspective of Icecure Medical 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 Icecure Medical to buy its stock at a price that has no basis in reality. In that case, they are not buying Icecure 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.

Icecure Medical after-hype prediction price

    
  USD 0.82  
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 Icecure Medical Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Icecure Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.071.306.65
Details
Naive
Forecast
LowNextHigh
0.020.986.33
Details
3 Analysts
Consensus
LowTargetHigh
2.652.913.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.07-0.07-0.07
Details

Icecure Medical After-Hype Price Prediction Density Analysis

As far as predicting the price of Icecure Medical 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 Icecure Medical 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 Icecure Medical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Icecure Medical Estimiated After-Hype Price Volatility

In the context of predicting Icecure Medical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Icecure Medical's historical news coverage. Icecure Medical's after-hype downside and upside margins for the prediction period are 0.04 and 6.17, respectively. We have considered Icecure Medical'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
0.83
0.82
After-hype Price
6.17
Upside
Icecure Medical is extremely dangerous at this time. Analysis and calculation of next after-hype price of Icecure Medical is based on 3 months time horizon.

Icecure Medical Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Icecure Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Icecure Medical 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 Icecure Medical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.54 
5.35
  0.01 
  0.16 
9 Events / Month
13 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.83
0.82
1.20 
26,750  
Notes

Icecure Medical Hype Timeline

Icecure Medical is currently traded for 0.83. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.16. Icecure is forecasted to decline in value after the next headline, with the price expected to drop to 0.82. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -1.2%, whereas the daily expected return is currently at 0.54%. The volatility of related hype on Icecure Medical is about 1787.84%, with the expected price after the next announcement by competition of 0.67. About 54.0% of the company shares are held by company insiders. The book value of Icecure Medical was currently reported as 0.27. The company recorded a loss per share of 0.28. Icecure Medical had not issued any dividends in recent years. The entity had 1:8 split on the 9th of August 2021. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out Icecure Medical Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.

Icecure Medical Related Hype Analysis

Having access to credible news sources related to Icecure Medical's direct competition is more important than ever and may enhance your ability to predict Icecure Medical's future price movements. Getting to know how Icecure Medical'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 Icecure Medical 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
BRSYFBrainsWay 0.00 0 per month 0.00  0.10  0.00  0.00  50.00 
OSAProSomnus, Common Stock 0 1 per month 13.81  0.13  51.22 (20.31) 168.97 
SRDXSurModics(0.07)6 per month 0.00 (0.21) 1.26 (1.01) 3.22 
SSKNSTRATA Skin Sciences 0.17 9 per month 0.00 (0.06) 5.50 (7.20) 16.58 
TNONTenon Medical(0.53)8 per month 0.00 (0.01) 34.08 (16.00) 90.53 
BWAYBrainsway 0.74 10 per month 2.87  0.07  5.42 (4.76) 24.68 
PETVPetVivo Holdings 0.00 0 per month 0.00 (0.1) 8.21 (6.96) 29.17 
SINTSINTX Technologies 0.06 8 per month 7.49  0.06  17.29 (12.32) 84.59 
CTSOCytosorbents Crp(0.02)8 per month 5.15 (0) 9.15 (8.55) 32.59 
NPCENeuropace 0.13 11 per month 3.01  0.09  9.73 (6.19) 35.38 
CLPTClearpoint Neuro 0.13 9 per month 3.51 (0.03) 6.76 (3.91) 24.80 
TELATela Bio(0.02)8 per month 2.69  0.01  6.43 (4.83) 15.40 
KIDSOrthopediatrics Corp(0.76)10 per month 0.00 (0.12) 4.85 (5.08) 16.62 
CNMDCONMED(1.41)11 per month 2.35 (0.01) 4.56 (3.84) 10.92 
ITGRInteger Holdings Corp(2.86)9 per month 1.44  0.01  2.47 (2.16) 7.64 
SGHTSight Sciences(0.22)9 per month 0.00 (0.21) 6.65 (7.84) 18.22 
TMCITreace Medical Concepts 0.13 9 per month 2.55  0.08  6.08 (4.39) 38.73 
ESTAEstablishment Labs Holdings(0.86)9 per month 4.13 (0.01) 8.20 (7.22) 22.26 

Icecure Medical Additional Predictive Modules

Most predictive techniques to examine Icecure price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Icecure using various technical indicators. When you analyze Icecure 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 Icecure Medical Predictive Indicators

The successful prediction of Icecure Medical 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 Icecure Medical, 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 Icecure Medical based on analysis of Icecure Medical hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Icecure Medical's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Icecure Medical's related companies.
 2022 2023 2024 (projected)
Payables Turnover2.33.843.52
Days Of Inventory On Hand635.86430.47259.86

Story Coverage note for Icecure Medical

The number of cover stories for Icecure Medical depends on current market conditions and Icecure Medical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Icecure Medical 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 Icecure Medical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Icecure Medical Short Properties

Icecure Medical's future price predictability will typically decrease when Icecure Medical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Icecure Medical often depends not only on the future outlook of the potential Icecure Medical'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. Icecure Medical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding45.6 M
Cash And Short Term Investments11.1 M
When determining whether Icecure Medical is a strong investment it is important to analyze Icecure Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Icecure Medical's future performance. For an informed investment choice regarding Icecure Stock, refer to the following important reports:
Check out Icecure Medical Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Health Care Equipment & Supplies 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 Icecure Medical. If investors know Icecure 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 Icecure Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
0.071
Quarterly Revenue Growth
0.079
Return On Assets
(0.47)
Return On Equity
(0.94)
The market value of Icecure Medical is measured differently than its book value, which is the value of Icecure that is recorded on the company's balance sheet. Investors also form their own opinion of Icecure Medical's value that differs from its market value or its book value, called intrinsic value, which is Icecure Medical'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 Icecure Medical's market value can be influenced by many factors that don't directly affect Icecure Medical'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 Icecure Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icecure Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icecure Medical'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.