Icon Information Financials
| ICTEX Fund | USD 17.22 0.13 0.76% |
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 Information Fund Summary
Icon Information competes with VEEA, VivoPower International, WEBTOON Entertainment, Icon Bond, and Icon Equity. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.Specialization | Technology, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Shelton Greater China |
| Mutual Fund Family | ICON Funds |
| Mutual Fund Category | Technology |
| Benchmark | Dow Jones Industrial |
| Phone | 800 764 0442 |
| Currency | USD - US Dollar |
Icon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Information's current stock value. Our valuation model uses many indicators to compare Icon Information value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Information competition to find correlations between indicators driving Icon Information's intrinsic value. More Info.Icon Information Technology 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 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Icon Information Technology is roughly 5.99 . 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 Information's earnings, one of the primary drivers of an investment's value.Icon Information Tec Systematic Risk
Icon Information's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Icon Information 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Icon Information Tec correlated with the market. If Beta is less than 0 Icon Information generally moves in the opposite direction as compared to the market. If Icon Information Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Information Tec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icon Information is generally in the same direction as the market. If Beta > 1 Icon Information moves generally in the same direction as, but more than the movement of the benchmark.
Icon Information Thematic Clasifications
Icon Information Technology is part of Tech Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in technology. Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services
This theme covers Funds investing in technology. Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. Get More Thematic Ideas
Icon Information Technology is currently considered the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Technology category is currently estimated at about 2.26 Billion. Icon Information holds roughly 54.01 Million in net asset claiming about 2.39% of funds listed under Technology category.| Tech Funds | View |
Icon Information November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Icon Information help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Icon Information Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Information Technology 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 Information's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.31 |
Other Information on Investing in Icon Mutual Fund
Icon Information 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 Information security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
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