Icon Media Holdings Stock Volatility

ICNM Stock  USD 0.0004  0.0001  33.33%   
Icon Media is out of control given 3 months investment horizon. Icon Media Holdings holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.63% are justified by taking the suggested risk. Use Icon Media Holdings Downside Deviation of 28.64, market risk adjusted performance of (0.97), and Risk Adjusted Performance of 0.0755 to evaluate company specific risk that cannot be diversified away. Key indicators related to Icon Media's volatility include:
30 Days Market Risk
Chance Of Distress
30 Days Economic Sensitivity
Icon Media Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Icon daily returns, and it is calculated using variance and standard deviation. We also use Icon's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Icon Media volatility.
  
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Icon Media can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Icon Media at lower prices. For example, an investor can purchase Icon stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Icon Media's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving against Icon Pink Sheet

  0.42JNJ Johnson Johnson Aggressive PushPairCorr
  0.41MCD McDonalds Fiscal Quarter End 31st of March 2024 PairCorr

Icon Media Market Sensitivity And Downside Risk

Icon Media's beta coefficient measures the volatility of Icon pink sheet compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Icon pink sheet's returns against your selected market. In other words, Icon Media's beta of -3.04 provides an investor with an approximation of how much risk Icon Media pink sheet can potentially add to one of your existing portfolios. Icon Media Holdings is showing large volatility of returns over the selected time horizon. Icon Media Holdings appears to be a penny stock. Although Icon Media Holdings may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Icon Media Holdings or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Icon instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Icon Media Holdings Demand Trend
Check current 90 days Icon Media correlation with market (NYSE Composite)

Icon Beta

    
  -3.04  
Icon standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  25.94  
It is essential to understand the difference between upside risk (as represented by Icon Media's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Icon Media's daily returns or price. Since the actual investment returns on holding a position in icon pink sheet tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Icon Media.

Icon Media Holdings Pink Sheet Volatility Analysis

Volatility refers to the frequency at which Icon Media pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Icon Media's price changes. Investors will then calculate the volatility of Icon Media's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Icon Media's volatility:

Historical Volatility

This type of pink sheet volatility measures Icon Media's fluctuations based on previous trends. It's commonly used to predict Icon Media's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Icon Media's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Icon Media's to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Icon Media Holdings Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Icon Media Projected Return Density Against Market

Given the investment horizon of 90 days Icon Media Holdings has a beta of -3.0409 . This usually indicates as returns on its benchmark rise, returns on holding Icon Media Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Icon Media is expected to outperform its benchmark.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Icon Media or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Icon Media's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Icon pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Icon Media Holdings has an alpha of 3.3477, implying that it can generate a 3.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Icon Media's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how icon pink sheet's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives an Icon Media Price Volatility?

Several factors can influence a pink sheet's market volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Icon Media Pink Sheet Risk Measures

Given the investment horizon of 90 days the coefficient of variation of Icon Media is 713.71. The daily returns are distributed with a variance of 672.64 and standard deviation of 25.94. The mean deviation of Icon Media Holdings is currently at 20.53. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.56
α
Alpha over NYSE Composite
3.35
β
Beta against NYSE Composite-3.04
σ
Overall volatility
25.94
Ir
Information ratio 0.11

Icon Media Pink Sheet Return Volatility

Icon Media historical daily return volatility represents how much of Icon Media pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 25.9353% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.5731% volatility on return distribution over the 90 days horizon.
 Performance 
       Timeline  

About Icon Media Volatility

Volatility is a rate at which the price of Icon Media or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Icon Media may increase or decrease. In other words, similar to Icon's beta indicator, it measures the risk of Icon Media and helps estimate the fluctuations that may happen in a short period of time. So if prices of Icon Media fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Icon Media Holdings, Inc. operates as a diversified technology company worldwide. Icon Media Holdings, Inc. was incorporated in 1998 and is headquartered in Raleigh, North Carolina. Icon Media operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 14 people.
Icon Media's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Icon Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Icon Media's price varies over time.

3 ways to utilize Icon Media's volatility to invest better

Higher Icon Media's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Icon Media Holdings stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Icon Media Holdings stock volatility can provide helpful information for making investment decisions in the following ways:
  • Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Icon Media Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in Icon Media's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
  • Diversification: Understanding how the volatility of Icon Media's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Icon Media Investment Opportunity

Icon Media Holdings has a volatility of 25.94 and is 45.51 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of Icon Media Holdings is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Icon Media Holdings to enhance the returns of your portfolios. The pink sheet experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Icon Media to be traded at $5.0E-4 in 90 days.

Good diversification

The correlation between Icon Media Holdings and NYA is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Icon Media Holdings and NYA in the same portfolio, assuming nothing else is changed.

Icon Media Additional Risk Indicators

The analysis of Icon Media's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Icon Media's investment and either accepting that risk or mitigating it. Along with some common measures of Icon Media pink sheet's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Icon Media Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Icon Media as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Icon Media's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Icon Media's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Icon Media Holdings.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icon Media Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Icon Pink Sheet analysis

When running Icon Media's price analysis, check to measure Icon Media'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 Media is operating at the current time. Most of Icon Media's value examination focuses on studying past and present price action to predict the probability of Icon Media'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 Media's price. Additionally, you may evaluate how the addition of Icon Media to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Icon Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icon Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icon Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.