Icon Healthcare Fund Financials

We strongly advise to harness Icon Healthcare fundamental analysis to find out if markets are presently mispricing the fund. Simply put you can make use of it to find out if Icon Healthcare is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze fourteen available reported financial drivers for Icon Healthcare, which can be compared to its competitors.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Icon Healthcare Fund Summary

Icon Healthcare competes with Blackrock Exchange. 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 Health Care sector. ICON Healthcare is traded on NAS Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressICON Funds
Mutual Fund FamilyICON Funds
Mutual Fund CategoryHealth
BenchmarkDow Jones Industrial
Phone800 764 0442
CurrencyUSD - US Dollar

Icon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Icon Healthcare's current stock value. Our valuation model uses many indicators to compare Icon Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Healthcare competition to find correlations between indicators driving Icon Healthcare's intrinsic value. More Info.
Icon Healthcare Fund is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about  0.13  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Icon Healthcare Fund is roughly  7.66 . 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 Healthcare's earnings, one of the primary drivers of an investment's value.

Icon Healthcare Thematic Clasifications

Icon Healthcare Fund is part of Healthcare Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in healthcare. Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations
Healthcare FundsView
This theme covers Funds investing in healthcare. Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. Get More Thematic Ideas
Icon Healthcare Fund is rated fifth overall fund in net asset among similar funds. Total Asset Under Management (AUM) of Health category is currently estimated at about 926.37 Million. Icon Healthcare holds roughly 56.01 Million in net asset claiming about 6% of all funds under Health category.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Icon Mutual Fund

If you are still planning to invest in Icon Healthcare check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Icon Healthcare's history and understand the potential risks before investing.
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