ICON PROPERTIES (Malawi) Performance
| ICON Stock | 18.05 0.01 0.06% |
On a scale of 0 to 100, ICON PROPERTIES holds a performance score of 9. The firm retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ICON PROPERTIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding ICON PROPERTIES is expected to be smaller as well. Please check ICON PROPERTIES's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether ICON PROPERTIES's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ICON PROPERTIES LIMITED are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, ICON PROPERTIES unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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ICON PROPERTIES Relative Risk vs. Return Landscape
If you would invest 1,584 in ICON PROPERTIES LIMITED on October 26, 2024 and sell it today you would earn a total of 221.00 from holding ICON PROPERTIES LIMITED or generate 13.95% return on investment over 90 days. ICON PROPERTIES LIMITED is generating 0.2298% of daily returns and assumes 1.8524% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than ICON, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ICON PROPERTIES Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICON PROPERTIES's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ICON PROPERTIES LIMITED, and traders can use it to determine the average amount a ICON PROPERTIES's 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 = 0.124
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Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ICON PROPERTIES is performing at about 9% 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 PROPERTIES by adding it to a well-diversified portfolio.
Things to note about ICON PROPERTIES performance evaluation
Checking the ongoing alerts about ICON PROPERTIES for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ICON PROPERTIES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ICON PROPERTIES's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ICON PROPERTIES's stock performance include:- Analyzing ICON PROPERTIES's 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 ICON PROPERTIES's stock is overvalued or undervalued compared to its peers.
- Examining ICON PROPERTIES's 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 ICON PROPERTIES's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ICON PROPERTIES's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ICON PROPERTIES's stock. These opinions can provide insight into ICON PROPERTIES's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ICON Stock Analysis
When running ICON PROPERTIES's price analysis, check to measure ICON PROPERTIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PROPERTIES is operating at the current time. Most of ICON PROPERTIES's value examination focuses on studying past and present price action to predict the probability of ICON PROPERTIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PROPERTIES's price. Additionally, you may evaluate how the addition of ICON PROPERTIES to your portfolios can decrease your overall portfolio volatility.