Icon Equity Income Fund Manager Performance Evaluation
| IOEZX Fund | USD 17.38 0.09 0.52% |
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, Icon Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Icon Equity is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Equity Income 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 Equity 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 | 1.0900 |
Icon |
Icon Equity Relative Risk vs. Return Landscape
If you would invest 1,680 in Icon Equity Income on August 28, 2024 and sell it today you would earn a total of 58.00 from holding Icon Equity Income or generate 3.45% return on investment over 90 days. Icon Equity Income is currently producing 0.0553% returns and takes up 0.6822% volatility of returns over 90 trading days. Put another way, 6% 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 Equity Current Valuation
Fairly Valued
Today
Please note that Icon Equity's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Icon Equity Income retains a regular Real Value of $17.27 per share. The prevalent price of the fund is $17.38. We determine the value of Icon Equity Income 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 Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Equity'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 17.38 | Real 17.27 | Hype 17.38 |
The intrinsic value of Icon Equity'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 Equity'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 Equity Income 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 Equity more accurately as focusing exclusively on Icon Equity's fundamentals will not take into account other important factors: Icon Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Equity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Icon Equity Income, and traders can use it to determine the average amount a Icon Equity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0811
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | IOEZX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Icon Equity is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Icon Equity by adding it to a well-diversified portfolio.
Icon Equity Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Equity, and Icon Equity 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 | 15.39 X | ||||
| Price To Book | 1.90 X | ||||
| Price To Sales | 1.25 X | ||||
| Total Asset | 35.47 M | ||||
About Icon Equity Performance
Evaluating Icon Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Icon Equity 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 Equity 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 of any market capitalization, including convertible and preferred securities, and in securities issued by dividend-paying companies. It may invest up to 25 percent of its assets in a single industry. The fund may also invest in U.S. government agencies or government sponsored enterprises and investment-grade securities, although the fund may invest up to 25 percent of its total assets in securities with a lower rating by both SP and Moodys.Things to note about Icon Equity Income performance evaluation
Checking the ongoing alerts about Icon Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Icon Equity Income 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 96.88% of its assets under management (AUM) in equities |
- Analyzing Icon Equity'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 Equity's stock is overvalued or undervalued compared to its peers.
- Examining Icon Equity'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 Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icon Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Icon Equity's mutual fund. These opinions can provide insight into Icon Equity's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |