Icon Bond Financial Statements From 2010 to 2024
IOBAX Fund | USD 8.66 0.02 0.23% |
Check Icon Bond financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icon Bond's main balance sheet or income statement drivers, such as , as well as many indicators such as . Icon financial statements analysis is a perfect complement when working with Icon Bond Valuation or Volatility modules.
Icon |
Icon Bond Fund Mutual Fund One Year Return Analysis
Icon Bond's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Icon Bond One Year Return | 9.83 % |
Most of Icon Bond's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Icon Bond Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition |
Based on the recorded statements, Icon Bond Fund has an One Year Return of 9.8264%. This is much higher than that of the ICON Funds family and significantly higher than that of the Multisector Bond category. The one year return for all United States funds is notably lower than that of the firm.
Icon Bond Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Bond's current stock value. Our valuation model uses many indicators to compare Icon Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Bond competition to find correlations between indicators driving Icon Bond's intrinsic value. More Info.Icon Bond Fund is currently considered the top fund in annual yield among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about 140.51 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Icon Bond's earnings, one of the primary drivers of an investment's value.About Icon Bond Financial Statements
Icon Bond investors use historical fundamental indicators, such as Icon Bond's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Icon Bond. Please read more on 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 a broad range of U.S. dollar-denominated fixed income products. These include corporate bonds, notes and debentures, and closed-end funds that invest at least 80 percent of their assets in fixed income securities, as well as U.S. government and agency securities.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Icon Mutual Fund
Icon Bond 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 Bond security.
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |