ICON Project Market Value
| ICX Crypto | USD 0.15 0.01 7.14% |
| Symbol | ICON |
ICON Project 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ICON Project's crypto coin what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ICON Project.
| 04/26/2025 |
| 07/25/2025 |
If you would invest 0.00 in ICON Project on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding ICON Project or generate 0.0% return on investment in ICON Project over 90 days. ICON Project is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. ICON Project is peer-to-peer digital currency powered by the Blockchain technology.
ICON Project Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ICON Project's crypto coin current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ICON Project upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.14 | |||
| Information Ratio | 0.0671 | |||
| Maximum Drawdown | 27.15 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.0 |
ICON Project Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICON Project's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICON Project's standard deviation. In reality, there are many statistical measures that can use ICON Project historical prices to predict the future ICON Project's volatility.| Risk Adjusted Performance | 0.0975 | |||
| Jensen Alpha | 0.6949 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | (2.90) |
ICON Project Backtested Returns
ICON Project appears to be unusually risky, given 3 months investment horizon. ICON Project holds Efficiency (Sharpe) Ratio of 0.13, which attests that digital coin had a 0.13 % return per unit of volatility over the last 3 months. By examining ICON Project's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize ICON Project's market risk adjusted performance of (2.89), and Semi Deviation of 4.37 to validate if our risk estimates are consistent with your expectations. The entity retains a Market Volatility (i.e., Beta) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ICON Project are expected to decrease at a much lower rate. During the bear market, ICON Project is likely to outperform the market.
Auto-correlation | 0.45 |
Average predictability
ICON Project has average predictability. Overlapping area represents the amount of predictability between ICON Project time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ICON Project price movement. The serial correlation of 0.45 indicates that just about 45.0% of current ICON Project price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ICON Project lagged returns against current returns
Autocorrelation, which is ICON Project crypto coin's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ICON Project's crypto coin expected returns. We can calculate the autocorrelation of ICON Project returns to help us make a trade decision. For example, suppose you find that ICON Project has exhibited high autocorrelation historically, and you observe that the crypto coin is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ICON Project regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ICON Project crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICON Project crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICON Project crypto coin over time.
Current vs Lagged Prices |
| Timeline |
ICON Project Lagged Returns
When evaluating ICON Project's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICON Project crypto coin have on its future price. ICON Project autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ICON Project autocorrelation shows the relationship between ICON Project crypto coin current value and its past values and can show if there is a momentum factor associated with investing in ICON Project.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ICON Project offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICON Project's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icon Project Crypto.Check out ICON Project Correlation, ICON Project Volatility and Investing Opportunities module to complement your research on ICON Project. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
ICON Project technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.