Icon Long/short Financials
| ISTAX Fund | USD 29.47 0.38 1.31% |
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 Long/short Fund Summary
Icon Long/short competes with Boston Partners, Diamond Hill, Jpmorgan Research, Calamos Market, and Caldwell Orkin. Normally the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities traded in the U.S. ICON believes that equity markets go through themes over time, simply stated, stocks in industries that were market leaders at one time tend to become overpriced relative to intrinsic value, and stocks in industries that were not in favor tend to drop below intrinsic value.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Shelton Greater China |
| Mutual Fund Family | ICON Funds |
| Mutual Fund Category | Mid-Cap Growth |
| 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 Long/short's current stock value. Our valuation model uses many indicators to compare Icon Long/short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Long/short competition to find correlations between indicators driving Icon Long/short's intrinsic value. More Info.Icon Longshort Fund 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Icon Longshort Fund is roughly 7.87 . 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 Long/short's earnings, one of the primary drivers of an investment's value.Icon Long/short Systematic Risk
Icon Long/short's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Icon Long/short 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Icon Long/short correlated with the market. If Beta is less than 0 Icon Long/short generally moves in the opposite direction as compared to the market. If Icon Long/short Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Long/short is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icon Long/short is generally in the same direction as the market. If Beta > 1 Icon Long/short moves generally in the same direction as, but more than the movement of the benchmark.
Icon Long/short November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Icon Long/short help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Icon Longshort Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Longshort 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 Long/short's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7642 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.59 |
Other Information on Investing in Icon Mutual Fund
Icon Long/short 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 Long/short security.
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