Icon Utilities Fund Price Prediction
ICTVX Fund | USD 9.84 0.01 0.10% |
Oversold Vs Overbought
49
Oversold | Overbought |
Using Icon Utilities hype-based prediction, you can estimate the value of Icon Utilities Fund from the perspective of Icon Utilities 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 Utilities 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 Utilities after-hype prediction price | USD 9.85 |
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 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 After-Hype Price Prediction Density Analysis
As far as predicting the price of Icon Utilities 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 Utilities 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 Utilities, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Icon Utilities Estimiated After-Hype Price Volatility
In the context of predicting Icon Utilities' mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Icon Utilities' historical news coverage. Icon Utilities' after-hype downside and upside margins for the prediction period are 9.15 and 10.55, respectively. We have considered Icon Utilities' 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 Utilities is very steady at this time. Analysis and calculation of next after-hype price of Icon Utilities is based on 3 months time horizon.
Icon Utilities Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Icon Utilities is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Icon Utilities 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 Utilities, 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 |
0.11 | 0.70 | 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 | ||
9.84 | 9.85 | 0.00 |
|
Icon Utilities Hype Timeline
Icon Utilities is currently traded for 9.84. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Icon is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 0.11%. %. The volatility of related hype on Icon Utilities is about 0.0%, with the expected price after the next announcement by competition of 9.84. The company has price-to-book (P/B) ratio of 1.87. Some equities with similar Price to Book (P/B) outperform the market in the long run. Assuming the 90 days horizon the next anticipated press release will be uncertain. Check out Icon Utilities Basic Forecasting Models to cross-verify your projections.Icon Utilities Related Hype Analysis
Having access to credible news sources related to Icon Utilities' direct competition is more important than ever and may enhance your ability to predict Icon Utilities' future price movements. Getting to know how Icon Utilities' 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 Utilities may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
ICTUX | Icon Utilities And | 0.00 | 0 per month | 0.47 | (0.0006) | 1.25 | (1.32) | 2.87 | |
RYUTX | Utilities Fund Class | 0.00 | 0 per month | 0.71 | 0.03 | 1.70 | (1.29) | 4.30 | |
EVUAX | Wells Fargo Advantage | 0.00 | 0 per month | 0.69 | 0.01 | 1.55 | (1.23) | 4.12 | |
FUGAX | Fidelity Advisor Utilities | 0.00 | 0 per month | 0.78 | 0.08 | 1.87 | (1.28) | 5.85 | |
ICTTX | Icon Information Technology | 0.00 | 0 per month | 0.94 | (0.09) | 1.31 | (1.89) | 4.39 |
Icon Utilities 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 Utilities Predictive Indicators
The successful prediction of Icon Utilities 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 Utilities Fund, 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 Utilities based on analysis of Icon Utilities hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Icon Utilities's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Icon Utilities's related companies.
Story Coverage note for Icon Utilities
The number of cover stories for Icon Utilities depends on current market conditions and Icon Utilities' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Icon Utilities 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 Utilities' 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 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.
Global Correlations Find global opportunities by holding instruments from different markets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |