Icon Information Valuation

ICTEX Fund  USD 17.22  0.13  0.76%   
At this time, the entity appears to be fairly valued. Icon Information Tec retains a regular Real Value of $17.12 per share. The prevalent price of the fund is $17.22. We determine the value of Icon Information Tec 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.
Fairly Valued
Today
17.22
Please note that Icon Information's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Icon Information Tec retains a regular Real Value of $17.12 per share. The prevalent price of the fund is $17.22. We determine the value of Icon Information Tec 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 Information is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Information'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  17.22 Real  17.12 Hype  17.22 Naive  16.75
The intrinsic value of Icon Information'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 Information'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.
17.12
Real Value
18.09
Upside
Estimating the potential upside or downside of Icon Information Technology 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 Information more accurately as focusing exclusively on Icon Information's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.4517.0717.68
Details
Hype
Prediction
LowEstimatedHigh
16.2517.2218.19
Details
Naive
Forecast
LowNext ValueHigh
15.7916.7517.72
Details

Icon Information Total Value Analysis

Icon Information Technology is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Icon Information fundamentals before making investing decisions based on enterprise value of the company

Icon Information Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Icon suggests not a very effective usage of assets in November.

About Icon Information Valuation

Our relative valuation model uses a comparative analysis of Icon Information. We calculate exposure to Icon Information's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Icon Information's related companies.
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.

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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