Icon Information Technology Fund Manager Performance Evaluation
| ICTTX Fund | USD 15.00 0.10 0.67% |
The fund retains a Market Volatility (i.e., Beta) of 1.16, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Icon Information will likely underperform.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Information Technology are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Icon Information showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.5400 |
Icon |
Icon Information Relative Risk vs. Return Landscape
If you would invest 1,158 in Icon Information Technology on April 7, 2025 and sell it today you would earn a total of 342.00 from holding Icon Information Technology or generate 29.53% return on investment over 90 days. Icon Information Technology is currently producing 0.4342% returns and takes up 1.8278% volatility of returns over 90 trading days. Put another way, 16% of traded mutual funds are less volatile than Icon, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Icon Information Current Valuation
Undervalued
Today
Please note that Icon Information's price fluctuation is not too volatile at this time. At this time, the entity appears to be undervalued. Icon Information Tec retains a regular Real Value of $16.35 per share. The prevalent price of the fund is $15.0. We determine the value of Icon Information Tec 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 Information is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Information'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 15.0 | Real 16.35 | Hype 15.0 | Naive 15.06 |
The intrinsic value of Icon Information'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 Information'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 Information Technology 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 Information more accurately as focusing exclusively on Icon Information's fundamentals will not take into account other important factors: Icon Information Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Information's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Icon Information Technology, and traders can use it to determine the average amount a Icon Information'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 = 0.2376
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ICTTX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Icon Information is performing at about 18% 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 Information by adding it to a well-diversified portfolio.
Icon Information Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Information, and Icon Information 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 | 20.71 X | ||||
| Price To Book | 3.54 X | ||||
| Price To Sales | 2.51 X | ||||
| Total Asset | 97.65 M | ||||
About Icon Information Performance
Evaluating Icon Information's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Icon Information has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Icon Information has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.Things to note about Icon Information Tec performance evaluation
Checking the ongoing alerts about Icon Information for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Icon Information Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 13.91% of its assets under management (AUM) in cash |
- Analyzing Icon Information's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Icon Information's stock is overvalued or undervalued compared to its peers.
- Examining Icon Information's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Icon Information's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icon Information's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Icon Information's mutual fund. These opinions can provide insight into Icon Information's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Icon Mutual Fund
Icon Information 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 Information security.
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