Icon Natural Resources Fund Price on November 26, 2024
| ICBAX Fund | USD 18.47 1.32 6.67% |
Below is the normalized historical share price chart for Icon Natural Resources extending back to September 30, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Icon Natural stands at 18.47, as last reported on the 1st of December, with the highest price reaching 18.47 and the lowest price hitting 18.47 during the day.
If you're considering investing in Icon Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Icon Mutual Fund to be very steady. Icon Natural Resources holds Efficiency (Sharpe) Ratio of 0.0505, which attests that the entity had a 0.0505% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Icon Natural Resources, which you can use to evaluate the volatility of the entity. Please check out Icon Natural's Risk Adjusted Performance of 0.0355, market risk adjusted performance of 0.0499, and Downside Deviation of 1.51 to validate if the risk estimate we provide is consistent with the expected return of 0.0687%.
Icon Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Icon |
Sharpe Ratio = 0.0505
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ICBAX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Icon Natural is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Icon Natural by adding it to a well-diversified portfolio.
Icon Natural Valuation on November 26, 2024
It is possible to determine the worth of Icon Natural on a given historical date. On November 26, 2024 Icon was worth 19.81 at the beginning of the trading date compared to the closed value of 19.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icon Natural mutual fund. Still, in general, we apply an absolute valuation method to find Icon Natural's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Icon Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icon Natural's related companies.
| Open | High | Low | Close | Volume | |
| 19.98 | 19.98 | 19.98 | 19.98 | 1.00 | |
11/26/2024 | 19.81 | 19.81 | 19.81 | 19.81 | 1.00 |
| 19.79 | 19.79 | 19.79 | 19.79 | 1.00 |
| Backtest Icon Natural | | | Icon Natural History | | | Icon Natural Valuation | Previous | Next |
Icon Natural Trading Date Momentum on November 26, 2024
| On November 27 2024 Icon Natural Resources was traded for 19.79 at the closing time. The highest daily price throughout the period was 19.79 and the lowest price was 19.79 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 6.76% . |
Icon Natural Resources Fundamentals Correlations and Trends
By evaluating Icon Natural's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Icon Natural's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Icon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Icon Natural Mutual Fund history
Icon Natural investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Icon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Icon Natural Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Icon Natural stock prices may prove useful in developing a viable investing in Icon Natural
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies the Advisor considers Natural Resources andor Infrastructure focused, which are companies in the Energy, Industrials, Materials and Utilities 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.
Icon Natural Mutual Fund Technical Analysis
Icon Natural technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Icon Natural Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Icon Natural Resources cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Icon Natural December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Icon Natural mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icon Natural shares will generate the highest return on investment. By undertsting and applying Icon Natural mutual fund market strength indicators, traders can identify Icon Natural Resources entry and exit signals to maximize returns
Icon Natural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Icon Natural's price direction in advance. Along with the technical and fundamental analysis of Icon Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0399 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Icon Mutual Fund
Icon Natural 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 Natural security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |