Icon Financial Financials
| ICFAX Fund | USD 11.53 0.04 0.35% |
Icon |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Icon Financial Fund Summary
Icon Financial competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High-yield Municipal. 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 Consumer Discretionary, Consumer Staples and Financial 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.Specialization | Financial, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Shelton Greater China |
| Mutual Fund Family | ICON Funds |
| Mutual Fund Category | Financial |
| Benchmark | Dow Jones Industrial |
| Phone | 800 764 0442 |
| Currency | USD - US Dollar |
Icon Financial Key Financial Ratios
Icon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Financial's current stock value. Our valuation model uses many indicators to compare Icon Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Financial competition to find correlations between indicators driving Icon Financial's intrinsic value. More Info.Icon Financial Fund is rated third overall fund in price to earning among similar funds. It is rated second overall fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Icon Financial Fund is roughly 12.31 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Icon Financial's earnings, one of the primary drivers of an investment's value.Icon Financial Systematic Risk
Icon Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Icon Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Icon Financial correlated with the market. If Beta is less than 0 Icon Financial generally moves in the opposite direction as compared to the market. If Icon Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icon Financial is generally in the same direction as the market. If Beta > 1 Icon Financial moves generally in the same direction as, but more than the movement of the benchmark.
Icon Financial Thematic Clasifications
Icon Financial Fund is part of Money Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in financial sector. Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate
This theme covers Funds investing in financial sector. Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. Get More Thematic Ideas
Icon Financial Fund is currently considered the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Financial category is currently estimated at about 55.92 Billion. Icon Financial adds roughly 45.02 Million in net asset claiming only tiny portion of all funds under Financial category.| Money Funds | View |
Icon Financial November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Icon Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Icon Financial Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Financial Fund based on widely used predictive technical indicators. In general, we focus on analyzing Icon Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icon Financial's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9146 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.1 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.43 |
Other Information on Investing in Icon Mutual Fund
Icon Financial 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 Financial security.
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