Icon Bond Fund Probability of Future Mutual Fund Price Finishing Under 8.63

IOBZX Fund  USD 8.73  0.01  0.11%   
Icon Bond's future price is the expected price of Icon Bond instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Icon Bond Fund performance during a given time horizon utilizing its historical volatility. Check out Icon Bond Backtesting, Portfolio Optimization, Icon Bond Correlation, Icon Bond Hype Analysis, Icon Bond Volatility, Icon Bond History as well as Icon Bond Performance.
  
Please specify Icon Bond's target price for which you would like Icon Bond odds to be computed.

Icon Bond Target Price Odds to finish below 8.63

The tendency of Icon Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 8.63  or more in 90 days
 8.73 90 days 8.63 
near 1
Based on a normal probability distribution, the odds of Icon Bond to drop to $ 8.63  or more in 90 days from now is near 1 (This Icon Bond Fund probability density function shows the probability of Icon Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Icon Bond Fund price to stay between $ 8.63  and its current price of $8.73 at the end of the 90-day period is about 92.69 .
Assuming the 90 days horizon Icon Bond has a beta of 0.0198. This usually indicates as returns on the market go up, Icon Bond average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Icon Bond Fund will be expected to be much smaller as well. Additionally Icon Bond Fund has an alpha of 0.0022, implying that it can generate a 0.002241 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Icon Bond Price Density   
       Price  

Predictive Modules for Icon Bond

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Icon Bond Fund. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
8.618.738.85
Details
Intrinsic
Valuation
LowRealHigh
7.918.039.60
Details
Naive
Forecast
LowNextHigh
8.608.728.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.728.738.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icon Bond. Your research has to be compared to or analyzed against Icon Bond's peers to derive any actionable benefits. When done correctly, Icon Bond's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Icon Bond Fund.

Icon Bond Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Icon Bond is not an exception. The market had few large corrections towards the Icon Bond's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Icon Bond Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Icon Bond within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0
β
Beta against Dow Jones0.02
σ
Overall volatility
0.02
Ir
Information ratio -0.7

Icon Bond Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Icon Bond for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Icon Bond Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains about 10.51% of its assets under management (AUM) in cash

Icon Bond Technical Analysis

Icon Bond's future price can be derived by breaking down and analyzing its technical indicators over time. Icon Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Icon Bond Fund. In general, you should focus on analyzing Icon Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Icon Bond Predictive Forecast Models

Icon Bond's time-series forecasting models is one of many Icon Bond's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Icon Bond'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 mutual fund market movement and maximize returns from investment trading.

Things to note about Icon Bond Fund

Checking the ongoing alerts about Icon Bond for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Icon Bond Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains about 10.51% of its assets under management (AUM) in cash

Other Information on Investing in Icon Mutual Fund

Icon Bond 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 Bond security.
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