Icon Utilities And Fund Manager Performance Evaluation
| ICTUX Fund | USD 11.27 0.01 0.09% |
The fund retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Icon Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Icon Utilities is expected to be smaller as well.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Utilities And are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Icon Utilities is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 24th of January 2020 | |
| Expense Ratio | 1.6600 |
Icon |
Icon Utilities Relative Risk vs. Return Landscape
If you would invest 1,092 in Icon Utilities And on November 9, 2025 and sell it today you would earn a total of 35.00 from holding Icon Utilities And or generate 3.21% return on investment over 90 days. Icon Utilities And is currently producing 0.0539% returns and takes up 0.6676% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Icon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Icon Utilities Current Valuation
Fairly Valued
Today
Please note that Icon Utilities' price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Icon Utilities And retains a regular Real Value of $11.16 per share. The prevalent price of the fund is $11.27. We determine the value of Icon Utilities And 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 Utilities is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Utilities' 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 11.27 | Real 11.16 | Hype 11.1 | Naive 11.28 |
The intrinsic value of Icon Utilities' 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 Utilities' 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 Utilities And 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 Utilities more accurately as focusing exclusively on Icon Utilities' fundamentals will not take into account other important factors: Icon Utilities 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 |
| 11.27 | 90 days | 11.27 | roughly 2.28 |
Based on a normal probability distribution, the odds of Icon Utilities to move above the current price in 90 days from now is roughly 2.28 (This Icon Utilities And probability density function shows the probability of Icon Mutual Fund to fall within a particular range of prices over 90 days) .
Icon Utilities Price Density |
| Price |
Predictive Modules for Icon Utilities
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 Utilities And. 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 Utilities' 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 Utilities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Icon Utilities is not an exception. The market had few large corrections towards the Icon Utilities' 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 Utilities And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Icon Utilities within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.02 |
Icon Utilities 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 Utilities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Icon Utilities And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains 99.56% of its assets under management (AUM) in equities |
Icon Utilities Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Utilities, and Icon Utilities 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 | 17.99 X | ||||
| Price To Book | 1.84 X | ||||
| Price To Sales | 1.84 X | ||||
| Total Asset | 35.06 M | ||||
About Icon Utilities Performance
Evaluating Icon Utilities' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Icon Utilities 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 Utilities 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 Utilities 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 Utilities And performance evaluation
Checking the ongoing alerts about Icon Utilities for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Icon Utilities And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 99.56% of its assets under management (AUM) in equities |
- Analyzing Icon Utilities' 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 Utilities' stock is overvalued or undervalued compared to its peers.
- Examining Icon Utilities' 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 Utilities' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icon Utilities' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Icon Utilities' mutual fund. These opinions can provide insight into Icon Utilities' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Icon Mutual Fund
Icon Utilities 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 Utilities security.
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