IceCure Medical is a commercial stage medical device company focusing on the research, development and marketing of cryoablation systems and technologies based on liquid nitrogen, or LN2, for treating tumors. Cryoablation is the process by which benign and malignant tumors are ablated (destroyed) through freezing while in a patient's body. Co.'s proprietary cryoablation technology is for surgical intervention such as tumors, including those found in breast, lungs, kidneys, bones and other indications. Co.'s commercial cryoablation product is the ProSense system. Co. has developed an additional multi probe system, which it refers to as its MultiSense system. The ICCM average annual return since 2021 is shown above.
The Average Annual Return on the ICCM average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ICCM average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ICCM average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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