Homestead Mutual Fund Quote

HISIX
 Fund
  

USD 7.92  0.23  2.82%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
Homestead Fds is trading at 7.92 as of the 26th of September 2022; that is -2.82 percent down since the beginning of the trading day. The fund's open price was 8.15. Homestead Fds has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Homestead Fds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2021 and ending today, the 26th of September 2022. Click here to learn more.
The fund invests at least 80 percent of its net assets in common stocks, preferred stocks, rights and warrants issued by companies that are based outside the United States, securities convertible into such securities , and investment companies that invest in the types of securities in which the fund would normally invest. More on Homestead Fds

Moving together with Homestead Fds

+0.79HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr

Homestead Fds Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Homestead Fds' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Homestead Fds or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Homestead Fds generated a negative expected return over the last 90 days
The fund retains 96.48% of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Homestead Fds' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Startdate12th of January 2016
Homestead Fds [HISIX] is traded in USA and was established 26th of September 2022. The fund is listed under Foreign Large Growth category and is part of Homestead family. Homestead Fds currently has accumulated 103.3 M in assets under management (AUM) with minimum initial investment of 500. , while the total return for the last 3 years was 3.45%.
Check Homestead Fds Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Homestead Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Homestead Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Homestead Fds Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Homestead Fds Constituents

Homestead Fds Target Price Odds Analysis

Based on a normal probability distribution, the odds of Homestead Fds jumping above the current price in 90 days from now is close to 99%. The Homestead Fds probability density function shows the probability of Homestead Fds mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Homestead Fds has a beta of 0.9772. This usually indicates Homestead Fds market returns are sensitive to returns on the market. As the market goes up or down, Homestead Fds is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Homestead Fds is significantly underperforming DOW.
  Odds Below 7.92HorizonTargetOdds Above 7.92
0.32%90 days
 7.92 
99.67%
Based on a normal probability distribution, the odds of Homestead Fds to move above the current price in 90 days from now is close to 99 (This Homestead Fds probability density function shows the probability of Homestead Mutual Fund to fall within a particular range of prices over 90 days) .

Homestead Fds Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Homestead Fds market risk premium is the additional return an investor will receive from holding Homestead Fds long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Homestead Fds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Homestead Fds' alpha and beta are two of the key measurements used to evaluate Homestead Fds' performance over the market, the standard measures of volatility play an important role as well.

Homestead Fds Against Markets

Picking the right benchmark for Homestead Fds mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Homestead Fds mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Homestead Fds is critical whether you are bullish or bearish towards Homestead Fds at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Homestead Fds without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Homestead Fds?

The danger of trading Homestead Fds is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Homestead Fds is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Homestead Fds. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Homestead Fds is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Homestead Fds price analysis, check to measure Homestead Fds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Homestead Fds is operating at the current time. Most of Homestead Fds' value examination focuses on studying past and present price action to predict the probability of Homestead Fds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Homestead Fds' price. Additionally, you may evaluate how the addition of Homestead Fds to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Homestead Fds' value and its price as these two are different measures arrived at by different means. Investors typically determine Homestead Fds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Homestead Fds' 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.