Icon Information Technology Fund Manager Performance Evaluation
| ICTTX Fund | USD 14.38 0.02 0.14% |
The fund retains a Market Volatility (i.e., Beta) of -0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Icon Information are expected to decrease at a much lower rate. During the bear market, Icon Information is likely to outperform the market.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Information Technology are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Icon Information showed solid returns over the last few months and may actually be approaching a breakup point.
...moreIcon |
Icon Information Relative Risk vs. Return Landscape
If you would invest 960.00 in Icon Information Technology on November 20, 2025 and sell it today you would earn a total of 478.00 from holding Icon Information Technology or generate 49.79% return on investment over 90 days. Icon Information Technology is currently producing 0.7557% returns and takes up 4.4051% volatility of returns over 90 trading days. Put another way, 39% of traded mutual funds are less volatile than Icon, and 85% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Icon Information Current Valuation
Undervalued
Today
Please note that Icon Information's price fluctuation is somewhat reliable at this time. At this time, the entity appears to be undervalued. Icon Information Tec retains a regular Real Value of $15.05 per share. The prevalent price of the fund is $14.38. We determine the value of Icon Information Tec 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 Information is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Information'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 14.38 | Real 15.05 | Hype 14.38 | Naive 14.48 |
The intrinsic value of Icon Information'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 Information'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 Information Technology 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 Information more accurately as focusing exclusively on Icon Information's fundamentals will not take into account other important factors: Icon Information Target Price Odds to finish over Current Price
The tendency of Icon Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 14.38 | 90 days | 14.38 | about 24.0 |
Based on a normal probability distribution, the odds of Icon Information to move above the current price in 90 days from now is about 24.0 (This Icon Information Technology probability density function shows the probability of Icon Mutual Fund to fall within a particular range of prices over 90 days) .
Icon Information Price Density |
| Price |
Predictive Modules for Icon Information
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Icon Information Tec. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Icon Information's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Icon Information Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Icon Information is not an exception. The market had few large corrections towards the Icon Information's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Icon Information Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Icon Information within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | 0.13 |
Icon Information Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Icon Information for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Icon Information Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Icon Information Tec appears to be risky and price may revert if volatility continues | |
| Latest headline from seekingalpha.com: Gabelli Global Utility Income Trust declares 0.11 dividend | |
| The fund retains about 13.91% of its assets under management (AUM) in cash |
Icon Information Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Information, and Icon Information 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.
| Price To Earning | 20.71 X | ||||
| Price To Book | 3.54 X | ||||
| Price To Sales | 2.51 X | ||||
| Total Asset | 97.65 M | ||||
About Icon Information Performance
Evaluating Icon Information's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Icon Information 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 Information 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 equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.Things to note about Icon Information Tec performance evaluation
Checking the ongoing alerts about Icon Information for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Icon Information Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Icon Information Tec appears to be risky and price may revert if volatility continues | |
| Latest headline from seekingalpha.com: Gabelli Global Utility Income Trust declares 0.11 dividend | |
| The fund retains about 13.91% of its assets under management (AUM) in cash |
- Analyzing Icon Information'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 Information's stock is overvalued or undervalued compared to its peers.
- Examining Icon Information'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 Information's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icon Information's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Icon Information's mutual fund. These opinions can provide insight into Icon Information's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Icon Mutual Fund
Icon Information 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 Information security.
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