Flurry of contract deals come as railroads, unions see Trumps election looming over talks
IEQAX Fund | USD 17.21 0.13 0.76% |
Slightly above 52% of Icon Equity's investor base is interested to short. The analysis of overall sentiment of trading Icon Equity Income mutual fund suggests that many investors are impartial at this time. Icon Equity's investing sentiment can be driven by a variety of factors including economic data, Icon Equity's earnings reports, geopolitical events, and overall market trends.
Icon |
The flurry of contract agreements announced early this fall including two more Wednesday offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago. Both sides are also now keenly aware that President-elect Donald Trump who has a track record of supporting big businesses would be the one ultimately appointing the people who would help resolve the contract dispute this time if they cant work something out themselves. Current contracts dont expire until July but the National Carriers Conference Committee group that negotiates on behalf of the railroads said in its statement at the start of the talks on Nov. 1 that it was hoping for an early resolution.
Read at finance.yahoo.com
Icon Equity Fundamental Analysis
We analyze Icon Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Equity based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
Icon Equity is currently under evaluation in annual yield among similar funds. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Icon Equity Income Potential Pair-trading
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 Equity mutual fund to make a market-neutral strategy. Peer analysis of Icon Equity could also be used in its relative valuation, which is a method of valuing Icon Equity by comparing valuation metrics with similar companies.
Peers
Icon Equity Related Equities
LVOAX | Lord Abbett | 1.22 | ||||
IOEZX | Icon Equity | 0.76 | ||||
ACBYX | American Beacon | 0.49 | ||||
RSFYX | Victory Floating | 0.12 |
Other Information on Investing in Icon Mutual Fund
Icon Equity 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 Equity security.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Transaction History View history of all your transactions and understand their impact on performance |