Icon Equity Financial Statements From 2010 to 2024
| IOEZX Fund | USD 17.26 0.12 0.69% |
Check Icon Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icon Equity's main balance sheet or income statement drivers, such as , as well as many indicators such as . Icon financial statements analysis is a perfect complement when working with Icon Equity Valuation or Volatility modules.
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Icon Equity Income Mutual Fund Price To Sales Analysis
Icon Equity's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Icon Equity Price To Sales | 1.25 X |
Most of Icon Equity's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Icon Equity Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Icon Equity Income has a Price To Sales of 1.25 times. This is much higher than that of the ICON Funds family and significantly higher than that of the Allocation--85%+ Equity category. The price to sales for all United States funds is notably lower than that of the firm.
Icon Equity Income Fundamental Drivers 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.About Icon Equity Financial Statements
Icon Equity investors use historical fundamental indicators, such as Icon Equity's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Icon Equity. Please read more on our technical analysis and fundamental analysis pages.
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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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