Icon Bond Fund Manager Performance Evaluation
| IOBAX Fund | USD 8.67 0.03 0.35% |
The fund retains a Market Volatility (i.e., Beta) of 0.0301, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Icon Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Icon Bond is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Bond Fund are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Icon Bond is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 24th of January 2020 | |
| Expense Ratio | 1.2500 |
Icon |
Icon Bond Relative Risk vs. Return Landscape
If you would invest 854.00 in Icon Bond Fund on August 28, 2024 and sell it today you would earn a total of 13.00 from holding Icon Bond Fund or generate 1.52% return on investment over 90 days. Icon Bond Fund is currently producing 0.024% returns and takes up 0.1086% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Icon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Icon Bond Current Valuation
Overvalued
Today
Please note that Icon Bond's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Icon Bond Fund retains a regular Real Value of $7.96 per share. The prevalent price of the fund is $8.67. We determine the value of Icon Bond Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Icon Bond is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Bond's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.67 | Real 7.96 | Hype 8.67 | Naive 8.66 |
The intrinsic value of Icon Bond's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Icon Bond's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Icon Bond Fund helps investors to forecast how Icon mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Icon Bond more accurately as focusing exclusively on Icon Bond's fundamentals will not take into account other important factors: Icon Bond Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Bond's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Icon Bond Fund, and traders can use it to determine the average amount a Icon Bond's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2215
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| IOBAX |
Based on monthly moving average Icon Bond is performing at about 17% 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 Bond by adding it to a well-diversified portfolio.
Icon Bond Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Bond, and Icon Bond fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Icon Mutual Fund performance.
| Total Asset | 5.73 M | ||||
About Icon Bond Performance
Evaluating Icon Bond's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Icon Bond has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Icon Bond has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Icon Bond Fund performance evaluation
Checking the ongoing alerts about Icon Bond for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Icon Bond Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 5.51% of its assets under management (AUM) in cash |
- Analyzing Icon Bond's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Icon Bond's stock is overvalued or undervalued compared to its peers.
- Examining Icon Bond's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Icon Bond's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icon Bond's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Icon Bond's mutual fund. These opinions can provide insight into Icon Bond's potential for growth and whether the stock is currently undervalued or overvalued.
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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