Icon Information Technology Fund Analysis
| ICTEX Fund | USD 16.30 0.27 1.63% |
Icon Information's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Icon Information's financial risk is the risk to Icon Information stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Icon Information's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Icon Information is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Icon Information to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Icon Information is said to be less leveraged. If creditors hold a majority of Icon Information's assets, the Mutual Fund is said to be highly leveraged.
Icon Information Technology is undervalued with Real Value of 17.39 and Hype Value of 18.32. The main objective of Icon Information fund analysis is to determine its intrinsic value, which is an estimate of what Icon Information Technology is worth, separate from its market price. There are two main types of Icon Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Icon Information Technology. On the other hand, technical analysis, focuses on the price and volume data of Icon Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Icon Information mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Icon Mutual Fund Analysis Notes
The fund generated returns of 8.0% over the last ten years. Icon Information Tec retains 99.53% of assets under management (AUM) in equities. Large Growth To learn more about Icon Information Technology call the company at 800-764-0442.Icon Information Tec Investment Alerts
| Icon Information Tec appears to be risky and price may revert if volatility continues | |
| The fund retains 99.53% of its assets under management (AUM) in equities |
Top Icon Information Technology Mutual Fund Constituents
| MSFT | Microsoft | Stock | |
| GOOG | Alphabet Inc Class C | Stock | |
| GOOGL | Alphabet Inc Class A | Stock | |
| SCSC | ScanSource | Stock | |
| EPAM | EPAM Systems | Stock | |
| NXPI | NXP Semiconductors NV | Stock | |
| ON | ON Semiconductor | Stock | |
| SNX | Synnex | Stock | |
| UCTT | Ultra Clean Holdings | Stock | |
| EXTR | Extreme Networks | Stock | |
| SWKS | Skyworks Solutions | Stock | |
| AMAT | Applied Materials | Stock | |
| IBM | International Business Machines | Stock | |
| TTWO | Take Two Interactive Software | Stock | |
| CSCO | Cisco Systems | Stock | |
| UNH | UnitedHealth Group Incorporated | Stock | |
| MA | Mastercard | Stock | |
| CTSH | Cognizant Technology Solutions | Stock | |
| MEI | Methode Electronics | Stock | |
| ABBV | AbbVie Inc | Stock | |
| FB | ProShares Trust ProShares | Etf | |
| V | Visa Class A | Stock | |
| DXC | DXC Technology Co | Stock | |
| ADSK | Autodesk | Stock | |
| INTC | Intel | Stock | |
| TMO | Thermo Fisher Scientific | Stock | |
| ZTS | Zoetis Inc | Stock |
Icon Information Outstanding Bonds
Icon Information issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Icon Information Tec uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Icon bonds can be classified according to their maturity, which is the date when Icon Information Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| SESGFP 53 25 MAR 44 Corp BondUS78413KAB89 | View | |
| US78410GAD60 Corp BondUS78410GAD60 | View | |
| US78410GAG91 Corp BondUS78410GAG91 | View |
Icon Information Predictive Daily Indicators
Icon Information intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Icon Information mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 16.3 | |||
| Day Typical Price | 16.3 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.27) | |||
| Relative Strength Index | 63.56 |
Icon Information Forecast Models
Icon Information's time-series forecasting models are one of many Icon Information's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Icon Information's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Icon Information Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Icon Information's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Icon Information, which in turn will lower the firm's financial flexibility.Icon Information Corporate Bonds Issued
About Icon Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Icon Information prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Icon shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Icon Information. By using and applying Icon Mutual Fund analysis, traders can create a robust methodology for identifying Icon entry and exit points for their positions.
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.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Icon Information to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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