Icon (Israel) Today
| ICON Stock | 470.00 4.90 1.05% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Icon is trading at 470.00 as of the 28th of April 2024, a 1.05 percent increase since the beginning of the trading day. The stock's open price was 465.1. Icon has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Icon Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
Moving together with Icon Stock
| 0.67 | BRMG | Brimag L | PairCorr |
Moving against Icon Stock
| 0.53 | ARAD | Arad Investment Indu | PairCorr |
| 0.49 | ISRS | Isras Investment | PairCorr |
Follow Valuation Odds of Bankruptcy
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Icon Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Icon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Icon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Electronics & Computer Distribution, Technology, Computing (View all Sectors) |
Icon Group (ICON) is traded on Tel Aviv Stock Exchange in Israel and employs 278 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 344.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Icon's market, we take the total number of its shares issued and multiply it by Icon'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. Icon Group operates under Technology sector and is part of Electronics & Computer Distribution industry. The entity has 56.52 M outstanding shares.
Check Icon Probability Of Bankruptcy
Ownership AllocationIcon Group has a total of 56.52 Million outstanding shares. The majority of Icon Group outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Icon to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Icon Group. Please pay attention to any change in the institutional holdings of Icon Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Icon Ownership Details
Icon Stock Price Odds Analysis
What are Icon's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Icon jumping above the current price in 90 days from now is about 48.87%. The Icon Group probability density function shows the probability of Icon stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Icon has a beta of 0.4445. This usually indicates as returns on the market go up, Icon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Icon Group will be expected to be much smaller as well. Additionally, icon Group has an alpha of 0.0707, implying that it can generate a 0.0707 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Icon to move above the current price in 90 days from now is about 48.87 (This Icon Group probability density function shows the probability of Icon Stock to fall within a particular range of prices over 90 days) .
Icon Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Icon market risk premium is the additional return an investor will receive from holding Icon long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Icon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Icon's alpha and beta are two of the key measurements used to evaluate Icon's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.58 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.67 |
Icon Stock Against Markets
Picking the right benchmark for Icon stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Icon stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Icon is critical whether you are bullish or bearish towards Icon Group at a given time. Please also check how Icon's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Icon without increasing your portfolio risk or giving up the 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.Did you try this?
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| All Next | Launch Module |
How to buy Icon Stock?
Before investing in Icon, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Icon. To buy Icon stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Icon. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Icon stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Icon Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Icon Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Icon Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Icon Group?
The danger of trading Icon Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Icon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Icon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Icon Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icon Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Icon Stock analysis
When running Icon's price analysis, check to measure Icon'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 is operating at the current time. Most of Icon's value examination focuses on studying past and present price action to predict the probability of Icon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icon's price. Additionally, you may evaluate how the addition of Icon to your portfolios can decrease your overall portfolio volatility.
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