SoCal Edison sets up compensation program for Eaton fire victims
| ICTUX Fund | USD 10.61 0.14 1.34% |
Slightly above 52% of Icon Utilities' investors are presently thinking to get in. The analysis of overall sentiment of trading Icon Utilities And mutual fund suggests that some investors are interested at this time. Icon Utilities' investing sentiment can be driven by a variety of factors including economic data, Icon Utilities' earnings reports, geopolitical events, and overall market trends.
Icon |
Edison International announces a Wildfire Recovery Compensation Program to aid Eaton Fire victims.
Read at seekingalpha.com
 |
Icon Utilities Fundamental Analysis
We analyze Icon Utilities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Icon Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Icon Utilities 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.
Price To Sales
Price To Sales Comparative Analysis
Icon Utilities is rated third overall fund in price to sales among similar funds. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Icon Utilities And 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 Utilities mutual fund to make a market-neutral strategy. Peer analysis of Icon Utilities could also be used in its relative valuation, which is a method of valuing Icon Utilities by comparing valuation metrics with similar companies.
Peers
Icon Utilities Related Equities
| ICTTX | Icon Information | 1.58 | ||||
| ICTUX | Icon Utilities | 1.34 | ||||
| RYUTX | Utilities Fund | 0.07 | ||||
| EVUAX | Wells Fargo | 0.24 | ||||
| FUGAX | Fidelity Advisor | 0.29 |
Other Information on Investing in Icon Mutual Fund
Icon Utilities 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 Utilities security.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |