Icon Longshort Fund Market Value
| IOLZX Fund | USD 29.08 0.44 1.49% |
| Symbol | Icon |
Icon Long/short 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Icon Long/short's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Icon Long/short.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in Icon Long/short on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding Icon Longshort Fund or generate 0.0% return on investment in Icon Long/short over 90 days. Icon Long/short is related to or competes with Voya Government. Normally the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in equ... More
Icon Long/short Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Icon Long/short's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Icon Longshort Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.1599 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.15 |
Icon Long/short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Long/short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Icon Long/short's standard deviation. In reality, there are many statistical measures that can use Icon Long/short historical prices to predict the future Icon Long/short's volatility.| Risk Adjusted Performance | 0.1393 | |||
| Jensen Alpha | 0.3267 | |||
| Total Risk Alpha | 0.2422 | |||
| Sortino Ratio | 0.2601 | |||
| Treynor Ratio | 2.24 |
Icon Long/short February 1, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1393 | |||
| Market Risk Adjusted Performance | 2.25 | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 0.7615 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 543.17 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.45 | |||
| Information Ratio | 0.1599 | |||
| Jensen Alpha | 0.3267 | |||
| Total Risk Alpha | 0.2422 | |||
| Sortino Ratio | 0.2601 | |||
| Treynor Ratio | 2.24 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.15 | |||
| Downside Variance | 1.3 | |||
| Semi Variance | 0.5799 | |||
| Expected Short fall | (1.26) | |||
| Skewness | 3.88 | |||
| Kurtosis | 23.75 |
Icon Long/short Backtested Returns
Icon Long/short appears to be very steady, given 3 months investment horizon. Icon Long/short holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Icon Long/short, which you can use to evaluate the volatility of the entity. Please utilize Icon Long/short's Market Risk Adjusted Performance of 2.25, risk adjusted performance of 0.1393, and Downside Deviation of 1.14 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Icon Long/short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Icon Long/short is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
Icon Longshort Fund has good predictability. Overlapping area represents the amount of predictability between Icon Long/short time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Icon Long/short price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Icon Long/short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Icon Mutual Fund
Icon Long/short 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 Long/short security.
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