Icon Equity Income Fund Volatility
| IOEZX Fund | USD 19.32 -0.10 -0.51% |
Icon Equity Income continues to exhibit a very low volatility profile over the designated horizon. Icon Equity Income indicates a Sharpe Ratio (Efficiency) of 0.18, indicating risk-adjusted returns over the last 3 months. The current setup includes 26 technical indicators relevant to risk behavior.
Sharpe Ratio = 0.1824
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Icon Equity Income posted a Market Risk Adjusted Performance of 0.2%, a Risk of 0.74, 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. Within a well-diversified portfolio, its contribution would depend on correlation and allocation weight.
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 (or its average) price. In other words, it is a statistical measure of the distribution of ICON daily returns, and it is calculated using variance and standard deviation.
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 0.74% with a beta coefficient of 0.67, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.18, evaluates return per unit of total risk. An alpha value of 0.18 reflects performance relative to systematic market exposure. Expected return estimates near 0.14% 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 0.67 | Alpha 0.18 | Risk 0.74 | Sharpe Ratio 0.18 | Expected Return 0.14 |
Moving together with ICON Mutual Fund
| 0.9 | IOBAX | Icon Bond Fund | PairCorr |
| 0.9 | IOBZX | Icon Bond Fund | PairCorr |
| 0.77 | IOLZX | ICON LONG/SHORT | PairCorr |
| 0.76 | ISTAX | ICON LONG/SHORT | PairCorr |
| 0.99 | ICBAX | Icon Natural Resources | PairCorr |
| 0.99 | ICBMX | Icon Natural Resources | PairCorr |
| 0.74 | ICTEX | Icon Information | PairCorr |
| 0.73 | ICTTX | Icon Information | PairCorr |
| 0.92 | ICTVX | Icon Utilities | PairCorr |
| 0.92 | ICTUX | Icon Utilities And | PairCorr |
| 1.0 | IEQAX | Icon Equity Income | PairCorr |
| 0.73 | MUTHX | Franklin Mutual Shares | PairCorr |
| 0.74 | TESRX | Franklin Mutual Shares | PairCorr |
| 0.75 | FMSHX | Franklin Mutual Shares | PairCorr |
| 0.94 | GAAKX | Gmo Alternative | PairCorr |
| 0.95 | GAAGX | Gmo Alternative | PairCorr |
| 0.89 | GPMFX | Guidepath Managed Futures | PairCorr |
| 0.9 | PQTAX | PIMCO Trends Managed | PairCorr |
| 0.9 | PQTNX | PIMCO Trends Managed | PairCorr |
| 0.91 | PQTIX | Aa Pimco Tr | PairCorr |
Sensitivity To Market
ICON EQUITY'sICON 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 0.67 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 0.74%.Icon Equity Income has shown noticeable price swings over the selected period. Downside deviation is about 0.62% and standard deviation is about 0.74%, 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. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low.
Standard Deviation | 0.74 |
It is essential to understand the difference between upside risk (as represented by ICON EQUITY's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of ICON EQUITY's daily returns or price. Icon Equity Income posted a Downside Deviation of 0.62, a Downside Variance of 0.39, and a Maximum Drawdown of 3.51 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. These fluctuations usually indicate the level of risk that's associated with ICON EQUITY's price changes.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. 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.
ICON EQUITY Projected Return Density Against Market
Assuming a 90-day horizon ICON EQUITY has a beta of 0.6694 . 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 0.62, a Mean Deviation of 0.61, and a Semi Deviation of 0.43 for the reported period.
Predicted Return Density |
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What Drives an ICON EQUITY Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of ICON EQUITY is 548.37. The daily returns are distributed with a variance of 0.55 and standard deviation of 0.74. The mean deviation of Icon Equity Income is currently at 0.6. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 0.74 | |
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 shows 0.7419% volatility of returns over 90 trading days. By contrast, Dow Jones Industrial accepts 0.792% volatility on return distribution over a 90-day 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
There is a big difference between ICON Mutual Fund performing well and ICON EQUITY Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ICON EQUITY's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IOBAX | 0.06 | 0.00 | 0.26 | -0.05 | 0.00 | 0.12 | 0.48 | |||
| IOBZX | 0.07 | 0.00 | 0.22 | -0.01 | 0.00 | 0.12 | 0.47 | |||
| IOEZX | 0.61 | 0.18 | 0.32 | 0.23 | 0.43 | 1.32 | 3.51 | |||
| IOLZX | 1.00 | 0.08 | 0.04 | 0.01 | 1.41 | 2.27 | 6.81 | |||
| ISTAX | 0.99 | 0.08 | 0.04 | 0.01 | 1.39 | 2.25 | 6.82 | |||
| ICBAX | 1.00 | 0.24 | 0.19 | 0.17 | 0.98 | 2.58 | 5.72 | |||
| ICBMX | 1.00 | 0.24 | 0.18 | 0.17 | 1.00 | 2.60 | 5.68 | |||
| ICFAX | 0.69 | -0.03 | 0.00 | -0.08 | 0.00 | 1.54 | 5.20 | |||
| ICFSX | 0.70 | -0.03 | 0.00 | -0.08 | 0.00 | 1.55 | 5.31 | |||
| ICTEX | 0.99 | 0.02 | 0.00 | -0.03 | 0.00 | 1.70 | 7.25 |
Risk Metrics, Assumptions & Methodology
Volatility for ICON EQUITY reflects NAV dispersion and exposure stability across disclosure periods. Higher dispersion implies wider price swings across observed periods.
Unless otherwise specified, data for Icon Equity Income is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day. 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
Measured over the selected horizon, Dow Jones Industrial carries roughly 1.07 times the return volatility of Icon Equity Income. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use Icon Equity Income to protect your portfolios 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 moderate downward daily trend and can be a good diversifier. Check odds of ICON EQUITY to be traded at $18.93 in 90 days.Weak diversification
Across the chosen horizon, IOEZX and DJI show a correlation of 0.36 and fall into the Weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
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 | 0.1728 | |||
| Market Risk Adjusted Performance | 0.2375 | |||
| Mean Deviation | 0.6072 | |||
| Semi Deviation | 0.4319 | |||
| Downside Deviation | 0.6249 | |||
| Coefficient Of Variation | 458.33 | |||
| Standard Deviation | 0.7439 |
ICON EQUITY Suggested Diversification Pairs
Pair trading with ICON EQUITY can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
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.