Icon Information Technology Fund Price Prediction
ICTEX Fund | USD 17.06 0.22 1.31% |
Oversold Vs Overbought
64
Oversold | Overbought |
Using Icon Information hype-based prediction, you can estimate the value of Icon Information Technology from the perspective of Icon Information response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Icon Information to buy its mutual fund at a price that has no basis in reality. In that case, they are not buying Icon because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Icon Information after-hype prediction price | USD 17.06 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Icon |
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 After-Hype Price Prediction Density Analysis
As far as predicting the price of Icon Information at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Icon Information or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Icon Information, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Icon Information Estimiated After-Hype Price Volatility
In the context of predicting Icon Information's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Icon Information's historical news coverage. Icon Information's after-hype downside and upside margins for the prediction period are 16.09 and 18.03, respectively. We have considered Icon Information's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Icon Information is very steady at this time. Analysis and calculation of next after-hype price of Icon Information Tec is based on 3 months time horizon.
Icon Information Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Icon Information is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Icon Information backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Icon Information, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 0.97 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
17.06 | 17.06 | 0.00 |
|
Icon Information Hype Timeline
Icon Information Tec is currently traded for 17.06. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Icon is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.04%. %. The volatility of related hype on Icon Information is about 791.84%, with the expected price after the next announcement by competition of 17.06. The company last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Icon Information Basic Forecasting Models to cross-verify your projections.Icon Information Related Hype Analysis
Having access to credible news sources related to Icon Information's direct competition is more important than ever and may enhance your ability to predict Icon Information's future price movements. Getting to know how Icon Information's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Icon Information may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
VITAX | Vanguard Information Technology | 0.00 | 0 per month | 1.47 | (0) | 1.98 | (2.45) | 6.25 | |
FSPTX | Technology Portfolio Technology | 0.45 | 1 per month | 1.69 | (0.01) | 2.16 | (2.58) | 7.16 | |
FSELX | Fidelity Select Semiconductors | 0.53 | 1 per month | 2.54 | (0.04) | 3.39 | (4.38) | 10.85 | |
FSCSX | Software And It | 0.00 | 0 per month | 0.91 | 0.04 | 1.66 | (1.81) | 5.90 | |
SLMCX | Columbia Seligman Munications | 0.00 | 0 per month | 1.20 | (0) | 1.61 | (1.79) | 5.65 | |
SCICX | Columbia Seligman Munications | 0.00 | 0 per month | 1.21 | (0) | 1.62 | (1.80) | 5.67 | |
WSTRX | Ivy Science And | 0.00 | 0 per month | 1.44 | (0.03) | 1.79 | (2.45) | 6.38 | |
WSTCX | Ivy Science And | 0.00 | 0 per month | 1.47 | (0.03) | 1.78 | (2.46) | 6.40 |
Icon Information Additional Predictive Modules
Most predictive techniques to examine Icon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Icon using various technical indicators. When you analyze Icon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Icon Information Predictive Indicators
The successful prediction of Icon Information stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Icon Information Technology, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Icon Information based on analysis of Icon Information hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Icon Information's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Icon Information's related companies.
Story Coverage note for Icon Information
The number of cover stories for Icon Information depends on current market conditions and Icon Information's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Icon Information is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Icon Information's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
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.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |