Iconix Story

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ICON -- USA Stock  

USD 2.18  0.20  8.40%

As many baby boomers are indifferent towards consumer cyclical space, it makes sense to outline Iconix Brand Group against current market trends. We are going to address the reasons why we are still confident in anticipation of a recovery. Plenty of the latest Iconix Brand price change was an exact opposite of how the market swinged in the last few months. Conflicting forward indicators of the company may also entail signs of long-standing losses for Iconix institutional investors. The stock is still going through an active upward rally.
Published over three weeks ago
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Should I shadow Iconix Brand Group (NASDAQ:ICON) institutional investors?
Iconix Brand Group's average rating is Hold from 5 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Iconix Brand market sentiment investors' perception of the future value of Iconix. Let us look at a few aspects of Iconix technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Iconix Brand Group. In general, we focus on analyzing Iconix Brand stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Iconix Brand's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Iconix Brand's intrinsic value. In addition to deriving basic predictive indicators for Iconix Brand, we also check how macroeconomic factors affect Iconix Brand price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Iconix Brand's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Iconix Brand in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Iconix Brand. Your research has to be compared to or analyzed against Iconix Brand's peers to derive any actionable benefits. When done correctly, Iconix Brand's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Iconix Brand Group.

How does Iconix Stands against Peers?

Analyzing Iconix Brand competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Iconix Brand across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Iconix Brand Competition Details

How Iconix utilizes its cash?

To perform a cash flow analysis of Iconix Brand, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Iconix Brand is receiving and how much cash it distributes out in a given period. The Iconix Brand cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Iconix Brand Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 28 Million

Payment of 18 shares by Jason Schaefer of Iconix Brand subject to Rule 16b-3

Legal trades by Iconix Brand insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Iconix insider trading alert for payment of common stock by Jason Schaefer, EVP and General Counsel, on 31st of October 2020. This event was filed by Iconix Brand Group Inc with SEC on 2016-05-02. Statement of changes in beneficial ownership - SEC Form 4. Jason Schaefer currently serves as executive vp, general counsel and secretary of Iconix Brand Group [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Iconix Brand Semi Deviation

Iconix Brand Group has current Semi Deviation of 3.09. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.

Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Deviation 
=  
SQRT(SV) 
 = 
3.09
SQRT = Square root notation
SV =   Iconix Brand semi variance of returns over selected period
Let's now compare Iconix Brand Semi Deviation to its closest peers:
ICON
DLA
EVK
GIL
KTB
ICON3.089750950560963
DLA2.36
EVK7.31
GIL1.92
KTB1.9

Our perspective of the latest Iconix Brand rise

Iconix Brand latest downside variance surges over 14.98. Iconix Brand Group is displaying above-average volatility over the selected time horizon. Investors should scrutinize Iconix Brand Group independently to ensure intended market timing strategies are aligned with expectations about Iconix Brand volatility.

The Current Takeaway on Iconix Brand Investment

Whereas few other entities under the apparel manufacturing industry are still a bit expensive, Iconix Brand may offer a potential longer-term growth to institutional investors. The inconsistency in the assessment between current Iconix valuation and our trade advice on Iconix Brand is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Iconix Brand.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Iconix Brand Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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