ICON Plc Stock Market Value


USD 220.63  3.14  1.44%   

ICON Plc's market value is the price at which a share of ICON Plc stock trades on a public exchange. It measures the collective expectations of ICON Plc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of ICON Plc and determine expected loss or profit from investing in ICON Plc over a given investment horizon. Please see ICON Plc Hype Analysis, ICON Plc Correlation, ICON Plc Valuation, ICON Plc Volatility, as well as analyze ICON Plc Alpha and Beta and ICON Plc Performance.

Is ICON Plc's industry 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 ICON Plc. If investors know ICON Plc 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 ICON Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
18 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of ICON Plc is measured differently than its book value, which is the value of ICON Plc that is recorded on the company's balance sheet. Investors also form their own opinion of ICON Plc's value that differs from its market value or its book value, called intrinsic value, which is ICON Plc'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 ICON Plc's market value can be influenced by many factors that don't directly affect ICON Plc'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 ICON Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine ICON Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICON Plc'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.

ICON Plc 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ICON Plc's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ICON Plc.
No Change 0.00  0.0 
In 30 days
If you would invest  0.00  in ICON Plc on May 28, 2022 and sell it all today you would earn a total of 0.00 from holding ICON Plc or generate 0.0% return on investment in ICON Plc over 30 days. ICON Plc is related to or competes with Agilent Technologies, Atlas Salt, JP Morgan, Pfizer, Walmart, Microsoft Corp, and Alcoa Corp. ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization ser...More

ICON Plc Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ICON Plc's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ICON Plc upside and downside potential and time the market with a certain degree of confidence.

ICON Plc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ICON Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICON Plc's standard deviation. In reality, there are many statistical measures that can use ICON Plc historical prices to predict the future ICON Plc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ICON Plc'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. Please use the tools below to analyze the current value of ICON Plc in the context of predictive analytics.
LowEstimated ValueHigh
LowReal ValueHigh
LowNext ValueHigh
12 Analysts
LowTarget PriceHigh
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ICON Plc. Your research has to be compared to or analyzed against ICON Plc's peers to derive any actionable benefits. When done correctly, ICON Plc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ICON Plc.

ICON Plc Backtested Returns

ICON Plc holds Efficiency (Sharpe) Ratio of -0.0632, which attests that the company had -0.0632% of return per unit of volatility over the last 3 months. Macroaxis viewpoint regarding determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ICON Plc exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out ICON Plc market risk adjusted performance of (0.08) to validate the risk estimate we provide.
The firm retains a Market Volatility (i.e., Beta) of 1.2734, which attests to a somewhat significant risk relative to the market. Let's try to break down what ICON Plc's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ICON Plc will likely underperform. Even though it is essential to pay attention to ICON Plc current price history, it is always good to be careful when utilizing equity current price movements. Our way of determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ICON Plc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. ICON Plc has an expected return of -0.17%. Please be advised to check out ICON Plc maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if ICON Plc performance from the past will be repeated in the future.



Modest reverse predictability

ICON Plc has modest reverse predictability. Overlapping area represents the amount of predictability between ICON Plc time series from 28th of May 2022 to 12th of June 2022 and 12th of June 2022 to 27th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ICON Plc price movement. The serial correlation of -0.46 indicates that about 46.0% of current ICON Plc price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test0.08
Residual Average0.0
Price Variance60.14

ICON Plc lagged returns against current returns

Autocorrelation, which is ICON Plc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ICON Plc's stock expected returns. We can calculate the autocorrelation of ICON Plc returns to help us make a trade decision. For example, suppose you find that ICON Plc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 

ICON Plc regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ICON Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICON Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICON Plc stock over time.
 Current vs Lagged Prices 

ICON Plc Lagged Returns

When evaluating ICON Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICON Plc stock have on its future price. ICON Plc autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ICON Plc autocorrelation shows the relationship between ICON Plc stock current value and its past values and can show if there is a momentum factor associated with investing in ICON Plc.
 Regressed Prices 

Be your own money manager

Our tools can tell you how much better you can do entering a position in ICON Plc without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Please see ICON Plc Hype Analysis, ICON Plc Correlation, ICON Plc Valuation, ICON Plc Volatility, as well as analyze ICON Plc Alpha and Beta and ICON Plc Performance. Note that the ICON Plc information on this page should be used as a complementary analysis to other ICON Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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