Icon Information Technology Fund Analysis
ICTEX Fund | USD 16.30 0.12 0.74% |
Icon Information Technology is overvalued with Real Value of 15.97 and Hype Value of 16.3. The main objective of Icon Information fund analysis is to determine its intrinsic value, which is an estimate of what Icon Information Technology is worth, separate from its market price. There are two main types of Icon Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Icon Information Technology. On the other hand, technical analysis, focuses on the price and volume data of Icon Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Icon Information mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Icon |
Icon Mutual Fund Analysis Notes
The fund generated returns of 9.0% over the last ten years. Icon Information Tec retains 99.53% of assets under management (AUM) in equities. Large Growth To learn more about Icon Information Technology call the company at 800-764-0442.Icon Information Tec Investment Alerts
The fund retains 99.53% of its assets under management (AUM) in equities |
Icon Information Thematic Classifications
In addition to having Icon Information mutual fund in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
![]() | Tech FundsFunds investing in technology |
Icon Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Icon Information's market, we take the total number of its shares issued and multiply it by Icon Information's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top Icon Information Technology Mutual Fund Constituents
EXTR | Extreme Networks | Stock | |
SCSC | ScanSource | Stock | |
KEM | KraneShares | Etf | |
TMO | Thermo Fisher Scientific | Stock | |
EEFT | Euronet Worldwide | Stock | |
GOOGL | Alphabet Inc Class A | Stock | |
ADP | Automatic Data Processing | Stock | |
QRVO | Qorvo Inc | Stock | |
AMAT | Applied Materials | Stock | |
PLAB | Photronics | Stock | |
MA | Mastercard | Stock | |
TTWO | Take Two Interactive Software | Stock | |
SNX | Synnex | Stock | |
CTSH | Cognizant Technology Solutions | Stock | |
INTC | Intel | Stock | |
CDW | CDW Corp | Stock | |
MSFT | Microsoft | Stock | |
ADSK | Autodesk | Stock | |
SWKS | Skyworks Solutions | Stock | |
CSCO | Cisco Systems | Stock | |
ADBE | Adobe Systems Incorporated | Stock | |
NXPI | NXP Semiconductors NV | Stock | |
UNH | UnitedHealth Group Incorporated | Stock |
Technical Drivers
As of the 19th of July, Icon Information retains the Market Risk Adjusted Performance of (1.63), downside deviation of 1.13, and Risk Adjusted Performance of 0.2216. Icon Information technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.Icon Information Tec Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Icon Information middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Icon Information Tec. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Icon Information Outstanding Bonds
Icon Information issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Icon Information Tec uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Icon bonds can be classified according to their maturity, which is the date when Icon Information Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
SESGFP 53 25 MAR 44 Corp BondUS78413KAB89 | View | |
Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
US78410GAD60 Corp BondUS78410GAD60 | View | |
US78410GAG91 Corp BondUS78410GAG91 | View |
Icon Information Predictive Daily Indicators
Icon Information intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Icon Information mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 16.3 | |||
Day Typical Price | 16.3 | |||
Price Action Indicator | 0.06 | |||
Period Momentum Indicator | 0.12 | |||
Relative Strength Index | 73.12 |
Icon Information Forecast Models
Icon Information's time-series forecasting models are one of many Icon Information's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Icon Information's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Icon Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Icon Information prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Icon shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Icon Information. By using and applying Icon Mutual Fund analysis, traders can create a robust methodology for identifying Icon entry and exit points for their positions.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Icon Information to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Optimization Now
Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk |
All Next | Launch Module |
Other Information on Investing in Icon Mutual Fund
Icon Information 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 Information security.
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |