ICON PROPERTIES is selling for under 18.05 as of the 4th of December 2024; that is 14.46 percent increase since the beginning of the trading day. The stock's lowest day price was 15.75. ICON PROPERTIES has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ICON PROPERTIES LIMITED are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2024 and ending today, the 4th of December 2024. Click here to learn more.
Although ICON PROPERTIES's alpha and beta are two of the key measurements used to evaluate ICON PROPERTIES's performance over the market, the standard measures of volatility play an important role as well.
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 PROPERTIES stock to make a market-neutral strategy. Peer analysis of ICON PROPERTIES could also be used in its relative valuation, which is a method of valuing ICON PROPERTIES by comparing valuation metrics with similar companies.
When running ICON PROPERTIES's price analysis, check to measure ICON PROPERTIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PROPERTIES is operating at the current time. Most of ICON PROPERTIES's value examination focuses on studying past and present price action to predict the probability of ICON PROPERTIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PROPERTIES's price. Additionally, you may evaluate how the addition of ICON PROPERTIES to your portfolios can decrease your overall portfolio volatility.