Iconic Sports Acquisition Performance
| ICNCDelisted Stock | USD 10.73 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -0.0059, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Iconic Sports are expected to decrease at a much lower rate. During the bear market, Iconic Sports is likely to outperform the market. Iconic Sports Acquisition right now retains a risk of 0.0%. Please check out Iconic Sports value at risk, as well as the relationship between the kurtosis and day typical price , to decide if Iconic Sports will be following its current trending patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Iconic Sports Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Iconic Sports is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 923.9 K |
Iconic |
Iconic Sports Relative Risk vs. Return Landscape
If you would invest 1,073 in Iconic Sports Acquisition on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Iconic Sports Acquisition or generate 0.0% return on investment over 90 days. Iconic Sports Acquisition is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Iconic, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Iconic Sports Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iconic Sports' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Iconic Sports Acquisition, and traders can use it to determine the average amount a Iconic Sports' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| ICNC |
Based on monthly moving average Iconic Sports is not performing at its full potential. However, 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 Iconic Sports by adding Iconic Sports to a well-diversified portfolio.
Iconic Sports Fundamentals Growth
Iconic Stock prices reflect investors' perceptions of the future prospects and financial health of Iconic Sports, and Iconic Sports fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Iconic Stock performance.
| Return On Asset | -0.0034 | |||
| Current Valuation | 238.42 M | |||
| Shares Outstanding | 13.37 M | |||
| EBITDA | (22.36 M) | |||
| Cash And Equivalents | 271.89 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 750 K | |||
| Book Value Per Share | (0.72) X | |||
| Cash Flow From Operations | (1.07 M) | |||
| Earnings Per Share | 0.28 X | |||
| Total Asset | 359.47 M | |||
| Retained Earnings | (15.99 M) | |||
About Iconic Sports Performance
By analyzing Iconic Sports' fundamental ratios, stakeholders can gain valuable insights into Iconic Sports' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Iconic Sports has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Iconic Sports has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Iconic Sports Acquisition Corp. does not have significant operations. Iconic Sports Acquisition Corp. was incorporated in 2021 and is based in London, the United Kingdom. Iconic Sports is traded on New York Stock Exchange in the United States.Things to note about Iconic Sports Acquisition performance evaluation
Checking the ongoing alerts about Iconic Sports for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Iconic Sports Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Iconic Sports is not yet fully synchronised with the market data | |
| Iconic Sports has a very high chance of going through financial distress in the upcoming years | |
| Iconic Sports Acquisition currently holds about 271.89 K in cash with (1.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Iconic Sports' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Iconic Sports' stock is overvalued or undervalued compared to its peers.
- Examining Iconic Sports' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Iconic Sports' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Iconic Sports' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Iconic Sports' stock. These opinions can provide insight into Iconic Sports' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Iconic Stock
If you are still planning to invest in Iconic Sports Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Iconic Sports' history and understand the potential risks before investing.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |