Icon Bond Fund Statistic Functions Beta

IOBAX Fund  USD 8.39  -0.01  -0.12%   
This statistic functions tool runs Beta function and companion studies for ICON BOND. The focus on statistical functions describing dispersion and variability helps organize trend, volatility, and risk context for ICON BOND. Provide Time Period to run the technical study.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Icon Bond Fund correlated with the market. If Beta is less than 0 ICON BOND generally moves in the opposite direction as compared to the market. If ICON BOND Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Bond Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ICON BOND is generally in the same direction as the market. If Beta > 1 ICON BOND moves generally in the same direction as, but more than the movement of the benchmark.

ICON BOND Technical Analysis Modules

Technical analysis of ICON BOND uses historical price and volume data to identify patterns that may signal where the ICON trend is heading. The broader market regime is relevant when interpreting ICON technical signals, as sector-wide moves can dominate individual patterns.

Methodology, Assumptions & Data Sources

Here is ICON BOND's Statistic Functions over time. Some metrics drift back toward their average over time.

Unless otherwise specified, data for Icon Bond Fund is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 17th, 2026