Icon Bond Valuation

IOBZX Fund  USD 8.74  0.01  0.11%   
At this time, the entity appears to be overvalued. Icon Bond Fund retains a regular Real Value of $8.03 per share. The prevalent price of the fund is $8.74. We determine the value of Icon Bond Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Overvalued
Today
8.74
Please note that Icon Bond's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Icon Bond Fund retains a regular Real Value of $8.03 per share. The prevalent price of the fund is $8.74. We determine the value of Icon Bond Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Icon Bond is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ICON Mutual Fund. However, Icon Bond's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  8.74 Real  8.03 Hype  8.74 Naive  8.74
The intrinsic value of Icon Bond's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Icon Bond's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
8.03
Real Value
9.61
Upside
Estimating the potential upside or downside of Icon Bond Fund helps investors to forecast how ICON mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Icon Bond more accurately as focusing exclusively on Icon Bond's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.688.718.74
Details
Hype
Prediction
LowEstimatedHigh
8.628.748.86
Details
Naive
Forecast
LowNext ValueHigh
8.628.748.86
Details

Icon Bond Total Value Analysis

Icon Bond Fund is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Icon Bond fundamentals before making investing decisions based on enterprise value of the company

Icon Bond Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of ICON suggests not a very effective usage of assets in November.

About Icon Bond Valuation

Our relative valuation model uses a comparative analysis of Icon Bond. We calculate exposure to Icon Bond's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Icon Bond's related companies.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in a broad range of U.S. dollar-denominated fixed income products. These include corporate bonds, notes and debentures, and closed-end funds that invest at least 80 percent of their assets in fixed income securities, as well as U.S. government and agency securities.

Other Information on Investing in ICON Mutual Fund

Icon Bond 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 Bond security.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments