Icon Longshort Fund Manager Performance Evaluation
| IOLZX Fund | USD 27.65 0.14 0.50% |
The fund retains a Market Volatility (i.e., Beta) of 1.23, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Icon Longshort will likely underperform.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Icon Longshort Fund are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Icon Longshort is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 24th of January 2020 | |
| Expense Ratio | 1.1100 |
Icon |
Icon Longshort Relative Risk vs. Return Landscape
If you would invest 2,735 in Icon Longshort Fund on September 16, 2024 and sell it today you would earn a total of 30.00 from holding Icon Longshort Fund or generate 1.1% return on investment over 90 days. Icon Longshort Fund is currently producing 0.0291% returns and takes up 1.5647% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than Icon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Icon Longshort Current Valuation
Fairly Valued
Today
Please note that Icon Longshort's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Icon Longshort retains a regular Real Value of $28.14 per share. The prevalent price of the fund is $27.65. We determine the value of Icon Longshort from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Icon Longshort is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Icon Mutual Fund. However, Icon Longshort's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 27.65 | Real 28.14 | Hype 27.65 | Naive 27.3 |
The intrinsic value of Icon Longshort's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Icon Longshort's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Icon Longshort Fund helps investors to forecast how Icon mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Icon Longshort more accurately as focusing exclusively on Icon Longshort's fundamentals will not take into account other important factors: Icon Longshort Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Longshort's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Icon Longshort Fund, and traders can use it to determine the average amount a Icon Longshort's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0186
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IOLZX |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Icon Longshort is performing at about 1% 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 Longshort by adding it to a well-diversified portfolio.
Icon Longshort Fundamentals Growth
Icon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Icon Longshort, and Icon Longshort fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Icon Mutual Fund performance.
| Price To Earning | 16.68 X | ||||
| Price To Book | 1.98 X | ||||
| Price To Sales | 2.03 X | ||||
| Total Asset | 8.3 M | ||||
About Icon Longshort Performance
Evaluating Icon Longshort's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Icon Longshort has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Icon Longshort has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Normally the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities traded in the U.S. ICON believes that equity markets go through themes over time, simply stated, stocks in industries that were market leaders at one time tend to become overpriced relative to intrinsic value, and stocks in industries that were not in favor tend to drop below intrinsic value.Things to note about Icon Longshort performance evaluation
Checking the ongoing alerts about Icon Longshort for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Icon Longshort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 98.68% of its assets under management (AUM) in equities |
- Analyzing Icon Longshort's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Icon Longshort's stock is overvalued or undervalued compared to its peers.
- Examining Icon Longshort's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Icon Longshort's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icon Longshort's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Icon Longshort's mutual fund. These opinions can provide insight into Icon Longshort's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Icon Mutual Fund
Icon Longshort 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 Longshort security.
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