Icon Equity Income Fund Ten Year Return
| IOEZX Fund | USD 17.31 0.02 0.12% |
Icon Equity Income fundamentals help investors to digest information that contributes to Icon Equity's financial success or failures. It also enables traders to predict the movement of ICON Mutual Fund. The fundamental analysis module provides a way to measure Icon Equity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Icon Equity mutual fund.
ICON |
Icon Equity Income Mutual Fund Ten Year Return Analysis
Icon Equity's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Icon Equity Ten Year Return | 7.68 % |
Most of Icon Equity's fundamental indicators, such as Ten Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Icon Equity Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
| Competition |
Based on the latest financial disclosure, Icon Equity Income has a Ten Year Return of 7.68%. This is much higher than that of the ICON Funds family and significantly higher than that of the Allocation--85%+ Equity category. The ten year return for all United States funds is notably lower than that of the firm.
ICON Ten Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Icon Equity's direct or indirect competition against its Ten Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Icon Equity could also be used in its relative valuation, which is a method of valuing Icon Equity by comparing valuation metrics of similar companies.Icon Equity is currently under evaluation in ten year return among similar funds.
Fund Asset Allocation for Icon Equity
The fund consists of 96.88% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Icon Equity's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ICON Fundamentals
| Price To Earning | 15.39 X | ||||
| Price To Book | 1.90 X | ||||
| Price To Sales | 1.25 X | ||||
| Total Asset | 35.47 M | ||||
| Annual Yield | 0.04 % | ||||
| Year To Date Return | 12.91 % | ||||
| One Year Return | 19.81 % | ||||
| Three Year Return | 1.10 % | ||||
| Five Year Return | 6.22 % | ||||
| Ten Year Return | 7.68 % | ||||
| Net Asset | 57.82 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Last Dividend Paid | 0.11 | ||||
| Cash Position Weight | 0.50 % | ||||
| Equity Positions Weight | 96.88 % | ||||
| Bond Positions Weight | 1.83 % |
About Icon Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Icon Equity Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Equity Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in ICON Mutual Fund
Icon Equity 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 Equity security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |