Insurer stocks fall after Trump says were going to knock out the middleman
Slightly above 67% of Icon Healthcare's investor base is looking to short. The analysis of overall sentiment of trading Icon Healthcare Fund mutual fund suggests that many investors are alarmed at this time. Icon Healthcare's investing sentiment can be driven by a variety of factors including economic data, Icon Healthcare's earnings reports, geopolitical events, and overall market trends.
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CVS Healths Caremark, Cignas Express Scripts and UnitedHealth Groups Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance and pharmacy businesses. Pharmacy benefit managers negotiate drug costs with pharmacies and drug manufacturers and help build drug coverage lists for health plans, mostly on behalf of employers and the government.
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Icon Healthcare Fundamental Analysis
We analyze Icon Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Healthcare 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Icon Healthcare is currently under evaluation in probability of bankruptcy among similar funds. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Icon Healthcare 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 Healthcare mutual fund to make a market-neutral strategy. Peer analysis of Icon Healthcare could also be used in its relative valuation, which is a method of valuing Icon Healthcare by comparing valuation metrics with similar companies.
Peers
Icon Healthcare Related Equities
| SCGCX | Qs Moderate | 0.71 | ||||
| PPLSX | Deutsche Multi | 0.69 | ||||
| SRJIX | Jpmorgan Smartretirement | 0.54 | ||||
| SIRZX | Sierra E | 0.48 | ||||
| FHRVX | Fidelity Managed | 0.30 | ||||
| SMOAX | Saat Moderate | 0.26 |
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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