Williston Mutual Fund Quote

ICPAX
 Fund
  

USD 4.51  0.33  6.82%   

Market Performance
0 of 100
Odds Of Distress
Over 53
Williston BasinMid-North is trading at 4.51 as of the 27th of September 2022; that is -6.82 percent down since the beginning of the trading day. The fund's open price was 4.84. Williston BasinMid-North has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Williston BasinMid-North America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2020 and ending today, the 27th of September 2022. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in the stock of domestic and foreign issuers that are participating or benefitting from the development of the resources in the Mid-North America area. Williston BasinMid-North is traded on NASDAQ Exchange in the United States.. More on Williston BasinMid-North America

Moving together with Williston BasinMid-North

+0.89DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

Moving against Williston BasinMid-North

-0.54INTCIntel Corp TrendingPairCorr

Williston BasinMid-North 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. Williston BasinMid-North's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Williston BasinMid-North or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Williston BasinMid-North generated a negative expected return over the last 90 days
Williston BasinMid-North has high likelihood to experience some financial distress in the next 2 years
This fund generated-2.0 ten year return of -2.0%
Williston BasinMid-North retains all 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 Williston BasinMid-North's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Startdate15th of July 2020
Williston BasinMid-North America [ICPAX] is traded in USA and was established 27th of September 2022. The fund is listed under Equity Energy category and is part of IntegrityVikingFunds family. Williston BasinMid-North currently has accumulated 134.33 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was -18.19%.
Check Williston BasinMid-North 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 Williston 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 Williston 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 Williston BasinMid-North America 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 Williston BasinMid-North America Constituents

Williston BasinMid-North Target Price Odds Analysis

Based on a normal probability distribution, the odds of Williston BasinMid-North jumping above the current price in 90 days from now is about 88.14%. The Williston BasinMid-North America probability density function shows the probability of Williston BasinMid-North mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Williston BasinMid-North has a beta of 0.8896. This usually indicates Williston BasinMid-North America market returns are sensitive to returns on the market. As the market goes up or down, Williston BasinMid-North is expected to follow. Additionally, the company has an alpha of 0.0201, implying that it can generate a 0.0201 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 4.51HorizonTargetOdds Above 4.51
11.77%90 days
 4.51 
88.14%
Based on a normal probability distribution, the odds of Williston BasinMid-North to move above the current price in 90 days from now is about 88.14 (This Williston BasinMid-North America probability density function shows the probability of Williston Mutual Fund to fall within a particular range of prices over 90 days) .

Williston BasinMid-North Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Williston BasinMid-North market risk premium is the additional return an investor will receive from holding Williston BasinMid-North 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 Williston BasinMid-North. 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 Williston BasinMid-North's alpha and beta are two of the key measurements used to evaluate Williston BasinMid-North's performance over the market, the standard measures of volatility play an important role as well.

Williston BasinMid-North Against Markets

Picking the right benchmark for Williston BasinMid-North 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 Williston BasinMid-North 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 Williston BasinMid-North is critical whether you are bullish or bearish towards Williston BasinMid-North America at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Williston BasinMid-North 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.

Did you try this?

Run Stock Screener Now

   

Stock Screener

Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
All  Next Launch Module

Invested in Williston BasinMid-North America?

The danger of trading Williston BasinMid-North America 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 Williston BasinMid-North 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 Williston BasinMid-North. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Williston BasinMid-North 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 see Risk vs Return Analysis. Note that the Williston BasinMid-North information on this page should be used as a complementary analysis to other Williston BasinMid-North's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Williston Mutual Fund analysis

When running Williston BasinMid-North price analysis, check to measure Williston BasinMid-North's 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 Williston BasinMid-North is operating at the current time. Most of Williston BasinMid-North's value examination focuses on studying past and present price action to predict the probability of Williston BasinMid-North's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Williston BasinMid-North's price. Additionally, you may evaluate how the addition of Williston BasinMid-North to your portfolios can decrease your overall portfolio volatility.
CEO Directory
Screen CEOs from public companies around the world
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Please note, there is a significant difference between Williston BasinMid-North's value and its price as these two are different measures arrived at by different means. Investors typically determine Williston BasinMid-North value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Williston BasinMid-North'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.