Five Below Analyst Highlights Growth, Store Economics We Want To Be Bullish
| ICFSX Fund | USD 9.91 0.07 0.70% |
Slightly above 60% 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.
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Five Below reported better-than-expected third-quarter results on Wednesday. Truist analyst Scot Ciccarelli weighs in on the report and what could lie ahead for the retailer.
Read at benzinga.com
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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.
Net Asset
Net Asset Comparative Analysis
Icon Financial is currently under evaluation in net asset among similar funds. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
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 | ||||
| ISTAX | Icon Longshort | 0.12 | ||||
| IOEZX | Icon Equity | 0.24 | ||||
| ICBAX | Icon Natural | 0.34 | ||||
| IOLZX | Icon Longshort | 0.50 | ||||
| ICTVX | Icon Utilities | 0.54 | ||||
| ICFAX | Icon Financial | 0.71 | ||||
| ICBMX | Icon Natural | 0.92 |
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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |