Icon Information Mutual Fund Forecast - Accumulation Distribution

ICTTX Fund  USD 15.59  0.11  0.71%   
Icon Mutual Fund Forecast is based on your current time horizon.
  
On September 23, 2024 Icon Information Technology had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Icon Information is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Icon Information Technology to determine if accumulation or reduction is taking place in the market. This value is adjusted by Icon Information trading volume to give more weight to distributions with higher volume over lower volume.
Check Icon Information VolatilityBacktest Icon InformationTrend Details  

Icon Information Trading Date Momentum

On September 24 2024 Icon Information Technology was traded for  15.31  at the closing time. The highest daily price throughout the period was 15.31  and the lowest price was  15.31 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.39% . The trading delta at closing time to current closing price is 0.52% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Icon Information to competition

Other Forecasting Options for Icon Information

For every potential investor in Icon, whether a beginner or expert, Icon Information's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Icon Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Icon. Basic forecasting techniques help filter out the noise by identifying Icon Information's price trends.

Icon Information Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Icon Information mutual fund to make a market-neutral strategy. Peer analysis of Icon Information could also be used in its relative valuation, which is a method of valuing Icon Information by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Icon Information Tec Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Icon Information's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Icon Information's current price.

Icon Information Market Strength Events

Market strength indicators help investors to evaluate how Icon Information mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icon Information shares will generate the highest return on investment. By undertsting and applying Icon Information mutual fund market strength indicators, traders can identify Icon Information Technology entry and exit signals to maximize returns.

Icon Information Risk Indicators

The analysis of Icon Information's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Icon Information's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting icon mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios