Icon Equity Income Fund Volatility
| IEQAX Fund | USD 19.46 -0.04 -0.21% |
Icon Equity Income continues to exhibit very low price volatility over the last 3 months. Icon Equity Income indicates a Sharpe ratio of 0.19, indicating risk-adjusted returns over the last 3 months. The current setup includes 27 technical indicators relevant to risk behavior.
Sharpe Ratio = 0.1855
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Icon Equity Income posted a Market Risk Adjusted Performance of 0.2%, a Risk of 0.84, and a Risk Adjusted Performance of 0.2% for the reported period. Based on monthly moving average positioning, ICON EQUITY is operating near 14% of its observed historical performance range. In portfolio analysis, diversification may alter its risk-adjusted contribution.
Key indicators related to ICON EQUITY's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
ICON EQUITY Mutual Fund volatility depicts how high the prices fluctuate around the mean price. Higher volatility implies greater uncertainty about ICON EQUITY's future price, while lower volatility suggests more predictable behavior.
ICON |
Volatility Strategy
Icon Equity Income price volatility may influence cost basis positioning and portfolio weighting over time. Price retracements and recoveries can alter allocation balance. Current statistical measures show total volatility near 0.84% with a beta coefficient of 0.71, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.19, evaluates return per unit of total risk. An alpha value of 0.2 reflects performance relative to systematic market exposure. Expected return estimates near 0.16% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to ICON EQUITY's market risk premium analysis include:
Beta 0.71 | Alpha 0.2 | Risk 0.84 | Sharpe Ratio 0.19 | Expected Return 0.16 |
Moving together with ICON Mutual Fund
| 0.71 | IOBAX | Icon Bond Fund | PairCorr |
| 0.73 | IOBZX | Icon Bond Fund | PairCorr |
| 0.98 | ICBAX | Icon Natural Resources | PairCorr |
| 0.84 | ICTUX | Icon Utilities And | PairCorr |
| 0.96 | BRUFX | Bruce Fund Bruce | PairCorr |
| 0.93 | KF | Korea Closed Downward Rally | PairCorr |
| 0.85 | XILSX | Pioneer Ils Interval | PairCorr |
| 0.89 | KMDNX | KINETICS MULTI-DISCIPLINA | PairCorr |
| 0.86 | VGPMX | Vanguard Global Capital | PairCorr |
Sensitivity To Market
ICON EQUITY beta coefficient measures the volatility of ICON mutual fund relative to the systematic risk of the overall market benchmark. Mathematically, beta represents the slope of the regression line comparing ICON returns against market returns. A beta of 0.71 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 0.84%.Icon Equity Income has shown noticeable price swings over the selected period. Downside deviation is about 0.78% and standard deviation is about 0.82%, which summarize how widely returns have moved. Funds with more equity exposure typically show higher volatility than more bond-heavy funds.
3 Months Beta |Analyze Icon Equity Income Demand TrendCheck current 90 days ICON EQUITY correlation with market (Dow Jones Industrial)Downside Risk
ICON standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. High standard deviation indicates a volatile instrument; low standard deviation indicates a more stable one.
Standard Deviation | 0.84 |
It is essential to understand the difference between upside risk and downside risk for ICON EQUITY. Standard deviation measures total volatility including favorable moves, while downside deviation isolates the loss risk in ICON EQUITY's daily returns. Icon Equity Income posted a Downside Deviation of 0.78, a Downside Variance of 0.60, and a Maximum Drawdown of 3.96 for the reported period.
Mutual Fund Volatility Analysis
Volatility refers to the frequency at which ICON EQUITY fund price increases or decreases within a specified period. It is generally measured from either the standard deviation or variance between returns from that same mutual fund.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Icon Equity Income 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.
Projected Return Density Against Market
Assuming a 90-day horizon ICON EQUITY has a beta of 0.7141 . This usually indicates as returns on the market go up, ICON EQUITY's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Icon Equity Income is expected to be smaller as well.ICON EQUITY is exposed to both systematic and unsystematic risk. Systematic risk reflects broader mutual fund market movements, while company or sector-specific developments represent nonmarket drivers. Diversification may reduce specific risk, but market exposure remains. Beta and standard deviation help quantify volatility. Icon Equity Income posted a Downside Deviation of 0.78, a Mean Deviation of 0.66, and a Semi Deviation of 0.58 for the reported period.
Predicted Return Distribution |
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What Drives ICON EQUITY's Price Volatility?
Industry Dynamics
Regulatory updates, demand shifts, and competitive changes in the ICON Funds sector can move ICON EQUITY's volatility even when broad indices are stable.Political and Economic Environment
Rates, inflation expectations, and policy headlines can shift discount rates and risk appetite for ICON EQUITY.ICON EQUITY's Company-Specific Factors
Earnings surprises, guidance changes, management decisions, and litigation risk are common catalysts for sharp re-pricing in ICON EQUITY's shares.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of ICON EQUITY is 539.11. The daily returns are distributed with a variance of 0.71 and standard deviation of 0.84. The mean deviation of Icon Equity Income is currently at 0.68. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.83
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | 0.27 |
Mutual Fund Return Volatility
ICON EQUITY historical daily return volatility represents how much of ICON EQUITY fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund reported 0.8423% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8534% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
Strong recent returns in ICON Mutual Fund do not always mean ICON EQUITY Mutual Fund is outperforming peers on business quality. Risk-adjusted metrics help compare ICON EQUITY's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BJBHX | 0.14 | 0.00 | 0.28 | 0.07 | 0.16 | 0.26 | 1.03 | |||
| RLGAX | 0.47 | 0.03 | 0.00 | -0.02 | 0.00 | 0.87 | 2.86 | |||
| EIPFX | 0.54 | 0.27 | 0.55 | 1.44 | 0.00 | 1.30 | 3.71 | |||
| EIPIX | 0.55 | 0.24 | 0.54 | -2.51 | 0.00 | 1.30 | 3.74 | |||
| NCBIX | 0.26 | -0.02 | 0.00 | -0.13 | 0.00 | 0.52 | 1.65 | |||
| BSVSX | 1.08 | -0.09 | 0.00 | -0.14 | 0.00 | 1.88 | 8.17 | |||
| VLT | 0.36 | -0.08 | 0.00 | -0.34 | 0.00 | 0.59 | 2.21 | |||
| HMSFX | 0.73 | 0.27 | 0.37 | -13.74 | 0.63 | 1.78 | 5.71 | |||
| CEV | 0.46 | -0.01 | 0.00 | -0.39 | 0.00 | 0.85 | 3.30 | |||
| JASCX | 0.83 | 0.08 | 0.07 | 0.00 | 1.08 | 1.31 | 5.02 |
Risk Metrics, Assumptions & Methodology
NAV dispersion for ICON EQUITY measures the spread of periodic returns around the mean, reflecting exposure variability. Higher dispersion implies a wider range of plausible outcomes for any given holding period.
This section for Icon Equity Income is built from fund disclosures and market reference feeds, with reporting definitions aligned before display. Values may update on different source schedules. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardICON EQUITY Investment Opportunity
Dow Jones Industrial is about 1.01 times more volatile than Icon Equity Income based on recent return behavior. The lower-risk profile may improve diversification efficiency, but it still needs to be judged against return quality and market sensitivity.You can use Icon Equity Income to protect the portfolio against small market fluctuations. This move summary looks at how the current session may translate into a basic near-term setup. It is most useful when combined with broader risk controls and position-sizing discipline. a normal downward trend and little activity. Check odds of ICON EQUITY to be traded at $19.27 in 90 days.Very good diversification
Across the chosen horizon, ICON EQUITY and Dow Jones show a correlation of 0.06 and fall into the Very good diversification bucket. A 0.06 reading means ICON EQUITY and Dow Jones have very little price overlap, which supports diversification.
ICON EQUITY Additional Risk Indicators
Risk analysis around Icon Equity Income becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | 0.1553 | |||
| Market Risk Adjusted Performance | 0.2103 | |||
| Mean Deviation | 0.6557 | |||
| Semi Deviation | 0.5794 | |||
| Downside Deviation | 0.7761 | |||
| Coefficient Of Variation | 533.53 | |||
| Standard Deviation | 0.8164 |
ICON EQUITY Suggested Diversification Pairs
Pair analysis around Icon Equity Income matters because it can turn one security idea into a more market-neutral structure. A disciplined pair strategy still requires monitoring because correlation can weaken when market regimes change.
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 EQUITY 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 EQUITY'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 EQUITY'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 Equity Income.