ICON vs ATOM Which Is More Promising?
ICON vs ATOM stocks are two popular investment options in the cryptocurrency market. ICON, also known as ICX, is a blockchain platform that aims to connect various blockchain networks and create a decentralized ecosystem. On the other hand, ATOM, also known as Cosmos, is a decentralized network of independent blockchains that can scale and interoperate with each other. Both projects have gained significant attention from investors due to their innovative technology and potential for growth in the crypto space.
ICON or ATOM?
When comparing ICON and ATOM, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ICON and ATOM.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
ICON has a dividend yield of -%, while ATOM has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, ATOM reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ICON P/E ratio at 23.50 and ATOM's P/E ratio at -88.44. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.80 while ATOM's P/B ratio is 22.24.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while ATOM's is -0.32%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and ATOM's ROE at -22.11%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $210.84 for ICON and ¥683.00 for ATOM. Over the past year, ICON's prices ranged from $208.65 to $347.72, with a yearly change of 66.65%. ATOM's prices fluctuated between ¥634.00 and ¥944.00, with a yearly change of 48.90%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.