IICAX Mutual Fund Quote

IICAX
 Fund
  

USD 9.07  0.15  1.63%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
Amf Large is trading at 9.07 as of the 27th of September 2022; that is -1.63 percent decrease since the beginning of the trading day. The fund's open price was 9.22. Amf Large 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 Amf Large Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of July 2022 and ending today, the 27th of September 2022. Click here to learn more.
The investment seeks capital appreciation income is a secondary consideration. Amf Large is traded on NASDAQ Exchange in the United States. More on Amf Large Cap

Moving together with Amf Large

+0.84DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

Amf Large 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. Amf Large's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amf Large or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Amf Large Cap generated a negative expected return over the last 90 days
The fund retains 96.9% 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 Amf Large's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Startdate31st of March 2020
Amf Large Cap [IICAX] is traded in USA and was established 27th of September 2022. The fund is listed under Large Blend category and is part of AMF family. Amf Large Cap currently has accumulated 52.8 M in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 7.37%.
Check Amf Large 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 IICAX 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 IICAX 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 Amf Large Cap 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 Amf Large Cap Constituents

Amf Large Target Price Odds Analysis

Based on a normal probability distribution, the odds of Amf Large jumping above the current price in 90 days from now is about 97.0%. The Amf Large Cap probability density function shows the probability of Amf Large mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Amf Large has a beta of 0.047. This usually indicates as returns on the market go up, Amf Large average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amf Large Cap will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Amf Large Cap is significantly underperforming DOW.
  Odds Below 9.07HorizonTargetOdds Above 9.07
2.89%90 days
 9.07 
97.05%
Based on a normal probability distribution, the odds of Amf Large to move above the current price in 90 days from now is about 97.0 (This Amf Large Cap probability density function shows the probability of IICAX Mutual Fund to fall within a particular range of prices over 90 days) .

Amf Large Cap Risk Profiles

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

Amf Large Against Markets

Picking the right benchmark for Amf Large 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 Amf Large 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 Amf Large is critical whether you are bullish or bearish towards Amf Large Cap at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Amf Large 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 Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

Invested in Amf Large Cap?

The danger of trading Amf Large Cap 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 Amf Large 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 Amf Large. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amf Large Cap 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 Amf Large Cap information on this page should be used as a complementary analysis to other Amf Large'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for IICAX Mutual Fund analysis

When running Amf Large Cap price analysis, check to measure Amf Large'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 Amf Large is operating at the current time. Most of Amf Large's value examination focuses on studying past and present price action to predict the probability of Amf Large's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Amf Large's price. Additionally, you may evaluate how the addition of Amf Large to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Please note, there is a significant difference between Amf Large's value and its price as these two are different measures arrived at by different means. Investors typically determine Amf Large value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amf Large'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.