Icon Number Of Employees vs. Return On Equity
| ICON Stock | 464.10 9.10 2.00% |
For Icon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Icon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Icon Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Icon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Icon Group over time as well as its relative position and ranking within its peers.
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Icon Group Return On Equity vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Icon's current stock value. Our valuation model uses many indicators to compare Icon value to that of its competitors to determine the firm's financial worth. Icon Group is currently regarded as number one stock in number of employees category among its peers. It also is currently regarded as number one stock in return on equity category among its peers . The ratio of Number Of Employees to Return On Equity for Icon Group is about 464.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Icon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Icon's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Icon Number Of Employees vs. Competition
Icon Group is currently regarded as number one stock in number of employees category among its peers. The total workforce of Electronics & Computer Distribution industry is currently estimated at about 5,569. Icon holds roughly 278 in number of employees claiming about 5% of equities under Electronics & Computer Distribution industry.
Icon Return On Equity vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
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| = | 278 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.6 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Icon Return On Equity Comparison
Icon is currently under evaluation in return on equity category among its peers.
Icon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Icon. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Icon position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Icon's important profitability drivers and their relationship over time.
Use Icon in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Icon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Icon will appreciate offsetting losses from the drop in the long position's value.Icon Pair Trading
Icon Group Pair Trading Analysis
The ability to find closely correlated positions to Icon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Icon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Icon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Icon Group to buy it.
The correlation of Icon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Icon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Icon Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Icon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Icon position
In addition to having Icon in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Other Information on Investing in Icon Stock
To fully project Icon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Icon Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Icon's income statement, its balance sheet, and the statement of cash flows.