Icon Bond Financials
| IOBAX Fund | USD 8.65 0.03 0.35% |
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 Bond Fund Summary
Icon Bond competes with Pimco Income, Pimco Income, Pimco Income, Pimco Income, and Pimco Incme. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in a broad range of U.S. dollar-denominated fixed income products. These include corporate bonds, notes and debentures, and closed-end funds that invest at least 80 percent of their assets in fixed income securities, as well as U.S. government and agency securities.Specialization | Multisector Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Shelton Greater China |
| Mutual Fund Family | ICON Funds |
| Mutual Fund Category | Multisector Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 764 0442 |
| Currency | USD - US Dollar |
Icon Bond Key Financial Ratios
Icon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Bond's current stock value. Our valuation model uses many indicators to compare Icon Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Bond competition to find correlations between indicators driving Icon Bond's intrinsic value. More Info.Icon Bond Fund is rated fifth overall fund in annual yield among similar funds. It is currently considered the top fund in year to date return among similar funds creating about 130.79 of Year To Date Return per Annual Yield. 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 Bond's earnings, one of the primary drivers of an investment's value.Icon Bond Fund Systematic Risk
Icon Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Icon Bond 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Icon Bond Fund correlated with the market. If Beta is less than 0 Icon Bond generally moves in the opposite direction as compared to the market. If Icon Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Bond Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icon Bond is generally in the same direction as the market. If Beta > 1 Icon Bond moves generally in the same direction as, but more than the movement of the benchmark.
Icon Bond November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Icon Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Icon Bond Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Bond Fund 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 Bond's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1481 | |||
| Information Ratio | (0.94) | |||
| Maximum Drawdown | 0.4638 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.232 |
Other Information on Investing in Icon Mutual Fund
Icon Bond 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 Bond security.
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| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |