Icon (Israel) Price on September 24, 2024
| ICON Stock | 464.10 9.10 2.00% |
If you're considering investing in Icon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Icon stands at 464.10, as last reported on the 16th of December 2024, with the highest price reaching 464.10 and the lowest price hitting 462.70 during the day. Icon appears to be very steady, given 3 months investment horizon. Icon Group holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Icon Group, which you can use to evaluate the volatility of the firm. Please utilize Icon's Risk Adjusted Performance of 0.0233, market risk adjusted performance of (0.13), and Downside Deviation of 2.31 to validate if our risk estimates are consistent with your expectations.
Icon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Icon |
Sharpe Ratio = 0.1252
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ICON | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Icon is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Icon by adding it to a well-diversified portfolio.
Icon Valuation on September 24, 2024
It is possible to determine the worth of Icon on a given historical date. On September 24, 2024 Icon was worth 405.9 at the beginning of the trading date compared to the closed value of 418.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icon stock. Still, in general, we apply an absolute valuation method to find Icon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Icon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icon's related companies.
| Open | High | Low | Close | Volume | |
| 399.10 | 405.00 | 398.00 | 404.90 | 7,481 | |
09/24/2024 | 405.90 | 430.00 | 405.90 | 418.40 | 10,664 |
| 418.40 | 424.50 | 416.40 | 419.20 | 3,257 |
| Backtest Icon | | | Icon History | | | Icon Valuation | Previous | Next |
Icon Trading Date Momentum on September 24, 2024
| On September 25 2024 Icon Group was traded for 419.20 at the closing time. The highest price during the trading period was 424.50 and the lowest recorded bid was listed for 416.40 . The volume for the day was 3.3 K. This history from September 25, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.19% . The trading delta at closing time to the current price is 7.67% . |
Icon Group Fundamentals Correlations and Trends
By evaluating Icon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Icon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Icon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Icon Stock history
Icon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Icon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Icon Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Icon stock prices may prove useful in developing a viable investing in Icon
Icon Stock Technical Analysis
Icon technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Icon Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Icon Group cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Icon December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Icon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icon shares will generate the highest return on investment. By undertsting and applying Icon stock market strength indicators, traders can identify Icon Group entry and exit signals to maximize returns
Icon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Icon's price direction in advance. Along with the technical and fundamental analysis of Icon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0233 | |||
| Jensen Alpha | 0.062 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.14) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Icon Stock analysis
When running Icon's price analysis, check to measure Icon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Icon is operating at the current time. Most of Icon's value examination focuses on studying past and present price action to predict the probability of Icon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icon's price. Additionally, you may evaluate how the addition of Icon to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |