Eversource Q3 Earnings Taking a Look at Key Metrics Versus Estimates
| ICTVX Fund | USD 9.84 0.01 0.10% |
Slightly above 56% of Icon Utilities' investor base is looking to short. The analysis of overall sentiment of trading Icon Utilities Fund mutual fund suggests that many investors are alarmed at this time. Icon Utilities' investing sentiment can be driven by a variety of factors including economic data, Icon Utilities' earnings reports, geopolitical events, and overall market trends.
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The headline numbers for Eversource give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Icon Utilities Fundamental Analysis
We analyze Icon Utilities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Utilities 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.
Net Asset
Net Asset Comparative Analysis
Icon Utilities is currently under evaluation in net asset among similar funds. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Icon Utilities Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Icon Utilities mutual fund to make a market-neutral strategy. Peer analysis of Icon Utilities could also be used in its relative valuation, which is a method of valuing Icon Utilities by comparing valuation metrics with similar companies.
Peers
Icon Utilities Related Equities
| FUGAX | Fidelity Advisor | 0.16 | ||||
| EVUAX | Wells Fargo | 0.1 | ||||
| RYUTX | Utilities Fund | 0.02 | ||||
| ICTUX | Icon Utilities | 0.20 | ||||
| ICTTX | Icon Information | 5.44 |
Other Information on Investing in Icon Mutual Fund
Icon Utilities 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 Utilities security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |