Icon Longshort Fund Market Value

IOLZX Fund  USD 29.39  0.81  2.83%   
Icon Longshort's market value is the price at which a share of Icon Longshort trades on a public exchange. It measures the collective expectations of Icon Longshort Fund investors about its performance. Icon Longshort is trading at 29.39 as of the 23rd of August 2025; that is 2.83 percent up since the beginning of the trading day. The fund's open price was 28.58.
With this module, you can estimate the performance of a buy and hold strategy of Icon Longshort Fund and determine expected loss or profit from investing in Icon Longshort over a given investment horizon. Check out Icon Longshort Correlation, Icon Longshort Volatility and Icon Longshort Alpha and Beta module to complement your research on Icon Longshort.
Symbol

Please note, there is a significant difference between Icon Longshort's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icon Longshort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icon Longshort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Icon Longshort '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 Longshort's mutual fund 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 Longshort.
0.00
05/25/2025
No Change 0.00  0.0 
In 2 months and 31 days
08/23/2025
0.00
If you would invest  0.00  in Icon Longshort on May 25, 2025 and sell it all today you would earn a total of 0.00 from holding Icon Longshort Fund or generate 0.0% return on investment in Icon Longshort over 90 days. Icon Longshort is related to or competes with Rbc China, Siit Us, Gmo Global, Rbc Global, and Ab Select. Normally the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in equ... More

Icon Longshort 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 Longshort's mutual fund 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 Longshort Fund upside and downside potential and time the market with a certain degree of confidence.

Icon Longshort Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Icon Longshort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Icon Longshort's standard deviation. In reality, there are many statistical measures that can use Icon Longshort historical prices to predict the future Icon Longshort's volatility.
Hype
Prediction
LowEstimatedHigh
28.4529.3930.33
Details
Intrinsic
Valuation
LowRealHigh
28.9729.9130.85
Details
Naive
Forecast
LowNextHigh
28.8729.8130.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.1828.2529.33
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icon Longshort. Your research has to be compared to or analyzed against Icon Longshort's peers to derive any actionable benefits. When done correctly, Icon Longshort's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Icon Longshort.

Icon Longshort Backtested Returns

Icon Longshort appears to be very steady, given 3 months investment horizon. Icon Longshort holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Icon Longshort, which you can use to evaluate the volatility of the entity. Please utilize Icon Longshort's Risk Adjusted Performance of 0.1046, downside deviation of 1.04, and Market Risk Adjusted Performance of (1.09) to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Icon Longshort are expected to decrease at a much lower rate. During the bear market, Icon Longshort is likely to outperform the market.

Auto-correlation

    
  0.74  

Good predictability

Icon Longshort Fund has good predictability. Overlapping area represents the amount of predictability between Icon Longshort time series from 25th of May 2025 to 9th of July 2025 and 9th of July 2025 to 23rd of August 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 Longshort price movement. The serial correlation of 0.74 indicates that around 74.0% of current Icon Longshort price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.69
Residual Average0.0
Price Variance0.2

Icon Longshort lagged returns against current returns

Autocorrelation, which is Icon Longshort mutual fund'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 Longshort's mutual fund expected returns. We can calculate the autocorrelation of Icon Longshort returns to help us make a trade decision. For example, suppose you find that Icon Longshort has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Longshort 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 Longshort mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Icon Longshort mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Icon Longshort mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Icon Longshort Lagged Returns

When evaluating Icon Longshort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Icon Longshort mutual fund have on its future price. Icon Longshort 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 Longshort autocorrelation shows the relationship between Icon Longshort mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Icon Longshort Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Icon Mutual Fund

Icon Longshort 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 Longshort security.
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