ICON PROPERTIES (Malawi) Price on December 19, 2024
| ICON Stock | 18.05 0.00 0.00% |
If you're considering investing in ICON Stock, it is important to understand the factors that can impact its price. As of today, the current price of ICON PROPERTIES stands at 18.05, as last reported on the 19th of December, with the highest price reaching 18.05 and the lowest price hitting 18.05 during the day. ICON PROPERTIES appears to be not too volatile, given 3 months investment horizon. ICON PROPERTIES holds Efficiency (Sharpe) Ratio of 0.16, which attests that the company had a 0.16% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for ICON PROPERTIES, which you can use to evaluate the volatility of the entity. Please utilize ICON PROPERTIES's market risk adjusted performance of (2.23), and Downside Deviation of 0.1026 to validate if our risk estimates are consistent with your expectations.
ICON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ICON |
Sharpe Ratio = 0.1623
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ICON PROPERTIES is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ICON PROPERTIES by adding it to a well-diversified portfolio.
ICON PROPERTIES Valuation on December 19, 2024
It is possible to determine the worth of ICON PROPERTIES on a given historical date. On December 19, 2024 ICON was worth 18.05 at the beginning of the trading date compared to the closed value of 18.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ICON PROPERTIES stock. Still, in general, we apply an absolute valuation method to find ICON PROPERTIES's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ICON PROPERTIES where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ICON PROPERTIES's related companies.
| Open | High | Low | Close | Volume | |
| 18.05 | 18.05 | 18.05 | 18.05 | 1.00 | |
12/19/2024 | 18.05 | 18.05 | 18.05 | 18.05 | 0.00 |
| Backtest ICON PROPERTIES | | | ICON PROPERTIES History | Previous |
ICON PROPERTIES Trading Date Momentum on December 19, 2024
| On December 19 2024 ICON PROPERTIES LIMITED was traded for 18.05 at the closing time. The highest price during the trading period was 18.05 and the lowest recorded bid was listed for 18.05 . There was no trading activity during the period 0.0. Lack of trading volume on December 19, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
ICON PROPERTIES Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
ICON PROPERTIES LIMITED cannot be verified against its exchange. Please verify the symbol is currently traded on Malawi Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ICON PROPERTIES December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how ICON PROPERTIES stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ICON PROPERTIES shares will generate the highest return on investment. By undertsting and applying ICON PROPERTIES stock market strength indicators, traders can identify ICON PROPERTIES LIMITED entry and exit signals to maximize returns
ICON PROPERTIES Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ICON PROPERTIES's price direction in advance. Along with the technical and fundamental analysis of ICON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ICON to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1302 | |||
| Jensen Alpha | 0.2954 | |||
| Total Risk Alpha | 0.2463 | |||
| Sortino Ratio | 2.67 | |||
| Treynor Ratio | (2.24) |
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Additional Tools for ICON Stock Analysis
When running ICON PROPERTIES's price analysis, check to measure ICON PROPERTIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PROPERTIES is operating at the current time. Most of ICON PROPERTIES's value examination focuses on studying past and present price action to predict the probability of ICON PROPERTIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PROPERTIES's price. Additionally, you may evaluate how the addition of ICON PROPERTIES to your portfolios can decrease your overall portfolio volatility.