ICON FINANCIAL Information Ratio
| ICFAX Fund | | | USD 8.86 0.04 0.45% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is ICON FINANCIAL's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
ICON FINANCIAL registers a Information Ratio of
-0.05, reflecting slight underperformance relative to the benchmark on a risk-adjusted basis. The negative value indicates ICON FINANCIAL has not kept pace with its benchmark after accounting for tracking error.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | -0.05 | |
Information Ratio Peers Comparison
Among sector peers, ICON FINANCIAL's Information Ratio of -0.0509 is below the 0.05 group average. The range runs from -0.0728 (Doubleline Emerging Markets) to 0.13 (Strategic Advisers Emerging). ICON FINANCIAL's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Icon Financial and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare ICON FINANCIAL to PeersMethodology, Assumptions & Data Sources
ICON FINANCIAL has a current Information Ratio reading of -0.05. Information Ratio for ICON FINANCIAL is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. ICON FINANCIAL operates in the financial sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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