Avista earnings beat by 0.11, revenue fell short of estimates
ICTVX Fund | USD 9.85 0.06 0.61% |
Slightly above 52% of Icon Utilities' investor base is interested to short. The analysis of overall sentiment of trading Icon Utilities Fund mutual fund suggests that many investors are impartial 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.
Icon |
Avista earnings beat by 0.11, revenue fell short of estimates
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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.
Cash Position Weight
Cash Position Weight Comparative Analysis
Icon Utilities is currently under evaluation in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
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
ICTUX | Icon Utilities | 0.69 | ||||
EVUAX | Wells Fargo | 0.1 | ||||
RYUTX | Utilities Fund | 0.02 | ||||
FUGAX | Fidelity Advisor | 0.14 | ||||
ICTTX | Icon Information | 1.28 |
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.
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
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Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |