Icon Bond Fund Fundamentals
| IOBAX Fund | USD 8.56 0.00 0.12% |
Icon Bond Fund fundamentals help investors to digest information that contributes to Icon Bond'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 Bond'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 Bond mutual fund.
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Icon Bond Fund Mutual Fund One Year Return Analysis
Icon Bond's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Icon Bond One Year Return | 7.35 % |
Most of Icon Bond's fundamental indicators, such as One 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 Bond Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Icon Bond Fund has an One Year Return of 7.3458%. This is much higher than that of the ICON Funds family and significantly higher than that of the Multisector Bond category. The one year return for all United States funds is notably lower than that of the firm.
Icon Bond Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Bond's current stock value. Our valuation model uses many indicators to compare Icon Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Bond competition to find correlations between indicators driving Icon Bond's intrinsic value. More Info.Icon Bond Fund is currently considered the top fund in annual yield among similar funds. It is currently considered the top fund in year to date return among similar funds creating about 26.20 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Icon Bond by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Icon Bond's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Icon Bond's earnings, one of the primary drivers of an investment's value.Icon One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Icon Bond's direct or indirect competition against its One 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 Bond could also be used in its relative valuation, which is a method of valuing Icon Bond by comparing valuation metrics of similar companies.Icon Bond is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Icon Bond
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides Icon Bond'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
| Total Asset | 5.73 M | ||||
| Annual Yield | 0.06 % | ||||
| Year To Date Return | 1.68 % | ||||
| One Year Return | 7.35 % | ||||
| Three Year Return | 2.08 % | ||||
| Five Year Return | 3.29 % | ||||
| Ten Year Return | 3.27 % | ||||
| Net Asset | 154.84 M | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 5.51 % | ||||
| Equity Positions Weight | 2.95 % | ||||
| Bond Positions Weight | 6.59 % |
About Icon Bond Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Icon Bond Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Bond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Bond Fund 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.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. Icon Flexible is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Icon Bond in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Icon Bond's short interest history, or implied volatility extrapolated from Icon Bond options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icon Bond Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Icon Bond Fund information on this page should be used as a complementary analysis to other Icon Bond's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.