Icon Financial Fund Manager Performance Evaluation
| ICFSX Fund | USD 10.94 0.07 0.64% |
The fund retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Icon Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Icon Financial is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Financial Fund are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Icon Financial is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 24th of January 2020 | |
| Expense Ratio | 1.2700 |
Icon |
Icon Financial Relative Risk vs. Return Landscape
If you would invest 1,077 in Icon Financial Fund on March 6, 2024 and sell it today you would earn a total of 17.00 from holding Icon Financial Fund or generate 1.58% return on investment over 90 days. Icon Financial Fund is currently producing 0.0283% returns and takes up 0.7848% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Icon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Icon Financial Current Valuation
Fairly Valued
Today
Please note that Icon Financial's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Icon Financial retains a regular Real Value of $10.2 per share. The prevalent price of the fund is $10.94. We determine the value of Icon Financial 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.
Our valuation method for Icon Financial Fund is useful when determining the fair value of the Icon mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Icon Financial. Since Icon Financial is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Financial'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 10.94 | Real 10.2 | Hype 10.05 | Naive 10.95 |
The real value of Icon Mutual Fund, also known as its intrinsic value, is the underlying worth of Icon Financial Mutual Fund, which is reflected in its stock price. It is based on Icon Financial's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Icon Financial'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 Financial'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.
Estimating the potential upside or downside of Icon Financial 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 Financial more accurately as focusing exclusively on Icon Financial's fundamentals will not take into account other important factors: Icon Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Financial's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Icon Financial Fund, and traders can use it to determine the average amount a Icon Financial'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 = 0.0361
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ICFSX |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Icon Financial is performing at about 2% 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 Financial by adding it to a well-diversified portfolio.
Icon Financial Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Financial, and Icon Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Icon Mutual Fund performance.
| Price To Earning | 15.27 X | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 2.02 X | ||||
| Total Asset | 24.77 M | ||||
About Icon Financial Performance
To evaluate Icon Financial Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Icon Financial generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Icon Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Icon Financial market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Icon's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our
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