Icon Financial Fund Price Prediction

ICFAX Fund  USD 11.20  0.16  1.45%   
The relative strength index (RSI) of Icon Financial's the mutual fund price is slightly above 61. This usually indicates that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Icon, making its price go up or down.

Oversold Vs Overbought

61

 
Oversold
 
Overbought
The successful prediction of Icon Financial's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Icon Financial Fund, which may create opportunities for some arbitrage if properly timed.
Using Icon Financial hype-based prediction, you can estimate the value of Icon Financial Fund from the perspective of Icon Financial response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Icon Financial to buy its mutual fund at a price that has no basis in reality. In that case, they are not buying Icon because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Icon Financial after-hype prediction price

    
  USD 11.2  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Icon Financial Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
9.1610.1612.32
Details
Naive
Forecast
LowNextHigh
10.1111.1012.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.5310.9611.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icon Financial. Your research has to be compared to or analyzed against Icon Financial's peers to derive any actionable benefits. When done correctly, Icon Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Icon Financial.

Icon Financial After-Hype Price Prediction Density Analysis

As far as predicting the price of Icon Financial at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Icon Financial or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Icon Financial, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Icon Financial Estimiated After-Hype Price Volatility

In the context of predicting Icon Financial's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Icon Financial's historical news coverage. Icon Financial's after-hype downside and upside margins for the prediction period are 10.20 and 12.20, respectively. We have considered Icon Financial's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
11.20
11.20
After-hype Price
12.20
Upside
Icon Financial is very steady at this time. Analysis and calculation of next after-hype price of Icon Financial is based on 3 months time horizon.

Icon Financial Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Icon Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Icon Financial backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Icon Financial, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
1.00
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.20
11.20
0.00 
0.00  
Notes

Icon Financial Hype Timeline

Icon Financial is currently traded for 11.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Icon is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.09%. %. The volatility of related hype on Icon Financial is about 0.0%, with the expected price after the next announcement by competition of 11.20. The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Icon Financial last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next forecasted press release will be uncertain.
Check out Icon Financial Basic Forecasting Models to cross-verify your projections.

Icon Financial Related Hype Analysis

Having access to credible news sources related to Icon Financial's direct competition is more important than ever and may enhance your ability to predict Icon Financial's future price movements. Getting to know how Icon Financial's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Icon Financial may potentially react to the hype associated with one of its peers.

Icon Financial Additional Predictive Modules

Most predictive techniques to examine Icon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Icon using various technical indicators. When you analyze Icon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Icon Financial Predictive Indicators

The successful prediction of Icon Financial stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Icon Financial Fund, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Icon Financial based on analysis of Icon Financial hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Icon Financial's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Icon Financial's related companies.

Story Coverage note for Icon Financial

The number of cover stories for Icon Financial depends on current market conditions and Icon Financial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Icon Financial is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Icon Financial's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Icon Mutual Fund

Icon Financial 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 Financial security.
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