Arch Capital Group Ltd. Position Reduced by Private Trust Co. NA
| ICFSX Fund | USD 9.98 0.10 0.99% |
Slightly above 61% of Icon Financial's investor base is looking to short. The analysis of overall sentiment of trading Icon Financial Fund mutual fund suggests that many investors are alarmed at this time. Icon Financial's investing sentiment can be driven by a variety of factors including economic data, Icon Financial's earnings reports, geopolitical events, and overall market trends.
Icon |
Private Trust Co. NA reduced its position in shares of Arch Capital Group Ltd. by 26.3 percent in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,117 shares of the insurance providers stock after selling 9 shares during the quarter.
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Icon Financial Fundamental Analysis
We analyze Icon Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Financial based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Icon Financial is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Icon Financial Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Icon Financial mutual fund to make a market-neutral strategy. Peer analysis of Icon Financial could also be used in its relative valuation, which is a method of valuing Icon Financial by comparing valuation metrics with similar companies.
Peers
Icon Financial Related Equities
| ICTTX | Icon Information | 0.07 | ||||
| ICTEX | Icon Information | 0.06 | ||||
| IOEZX | Icon Equity | 0.24 | ||||
| IOLZX | Icon Longshort | 0.50 | ||||
| ISTAX | Icon Longshort | 0.50 | ||||
| ICTVX | Icon Utilities | 0.53 | ||||
| ICBMX | Icon Natural | 0.92 | ||||
| ICBAX | Icon Natural | 0.94 | ||||
| ICFAX | Icon Financial | 1.01 |
Other Information on Investing in Icon Mutual Fund
Icon Financial 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 Financial security.
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