Icon Equity Financials
| IOEZX Fund | USD 17.22 0.07 0.41% |
Icon |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Icon Equity Fund Summary
Icon Equity competes with Icon Bond, Icon Bond, Icon Long/short, Icon Long/short, and Icon Natural. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization, including convertible and preferred securities, and in securities issued by dividend-paying companies. It may invest up to 25 percent of its assets in a single industry. The fund may also invest in U.S. government agencies or government sponsored enterprises and investment-grade securities, although the fund may invest up to 25 percent of its total assets in securities with a lower rating by both SP and Moodys.Specialization | Allocation--85%+ Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Shelton Greater China |
| Mutual Fund Family | ICON Funds |
| Mutual Fund Category | Allocation--85%+ Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 764 0442 |
| Currency | USD - US Dollar |
Icon Equity Key Financial Ratios
Icon Equity's financial ratios allow both analysts and investors to convert raw data from Icon Equity's financial statements into concise, actionable information that can be used to evaluate the performance of Icon Equity over time and compare it to other companies across industries.Icon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Equity's current stock value. Our valuation model uses many indicators to compare Icon Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Equity competition to find correlations between indicators driving Icon Equity's intrinsic value. More Info.Icon Equity Income is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Icon Equity Income is roughly 8.10 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Icon Equity's earnings, one of the primary drivers of an investment's value.Icon Equity Income Systematic Risk
Icon Equity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Icon Equity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was six with a total number of output elements of fifty-five. The Beta measures systematic risk based on how returns on Icon Equity Income correlated with the market. If Beta is less than 0 Icon Equity generally moves in the opposite direction as compared to the market. If Icon Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Equity Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icon Equity is generally in the same direction as the market. If Beta > 1 Icon Equity moves generally in the same direction as, but more than the movement of the benchmark.
Icon Equity September 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Icon Equity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Icon Equity Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Equity Income based on widely used predictive technical indicators. In general, we focus on analyzing Icon Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icon Equity's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6133 | |||
| Information Ratio | 0.0717 | |||
| Maximum Drawdown | 2.97 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.14 |
Other Information on Investing in Icon Mutual Fund
Icon Equity financial ratios help investors to determine whether Icon Mutual Fund 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 Equity security.
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