TNVRX Mutual Fund Quote

TNVRX
 Fund
  

USD 12.87  0.50  3.74%   

Market Performance
0 of 100
Odds Of Distress
Less than 38
1290 Gamco is trading at 12.87 as of the 6th of October 2022; that is -3.74% down since the beginning of the trading day. The fund's open price was 13.37. 1290 Gamco has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for 1290 Gamco SmallMid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of October 2020 and ending today, the 6th of October 2022. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of small- and mid-capitalization companies. 1290 Gamco is traded on NASDAQ Exchange in the United States. More on 1290 Gamco SmallMid

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1290 Gamco 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. 1290 Gamco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 1290 Gamco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
1290 Gamco SmallMid generated a negative expected return over the last 90 days
The fund generated three year return of -4.0%
1290 Gamco SmallMid maintains 95.96% of its assets in stocks
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 1290 Gamco's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate12th of November 2014
1290 Gamco SmallMid [TNVRX] is traded in USA and was established 6th of October 2022. The fund is listed under Small Value category and is part of 1290 Funds family. 1290 Gamco SmallMid at this time has accumulated 153.11 M in assets with no minimum investment requirements, while the total return for the last 3 years was -3.69%.
Check 1290 Gamco 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 TNVRX 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 TNVRX 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 1290 Gamco SmallMid 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 1290 Gamco SmallMid Constituents

1290 Gamco Target Price Odds Analysis

Based on a normal probability distribution, the odds of 1290 Gamco jumping above the current price in 90 days from now is under 95%. The 1290 Gamco SmallMid probability density function shows the probability of 1290 Gamco mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon 1290 Gamco has a beta of 0.1332. This usually implies as returns on the market go up, 1290 Gamco average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 1290 Gamco SmallMid 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. 1290 Gamco SmallMid is significantly underperforming DOW.
  Odds Below 12.87HorizonTargetOdds Above 12.87
5.42%90 days
 12.87 
94.52%
Based on a normal probability distribution, the odds of 1290 Gamco to move above the current price in 90 days from now is under 95 (This 1290 Gamco SmallMid probability density function shows the probability of TNVRX Mutual Fund to fall within a particular range of prices over 90 days) .

1290 Gamco SmallMid Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 1290 Gamco market risk premium is the additional return an investor will receive from holding 1290 Gamco 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 1290 Gamco. 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 1290 Gamco's alpha and beta are two of the key measurements used to evaluate 1290 Gamco's performance over the market, the standard measures of volatility play an important role as well.

1290 Gamco Against Markets

Picking the right benchmark for 1290 Gamco 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 1290 Gamco 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 1290 Gamco is critical whether you are bullish or bearish towards 1290 Gamco SmallMid at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 1290 Gamco 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 1290 Gamco SmallMid?

The danger of trading 1290 Gamco SmallMid 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 1290 Gamco 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 1290 Gamco. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 1290 Gamco SmallMid 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.
Additionally, take a look at World Market Map. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running 1290 Gamco SmallMid price analysis, check to measure 1290 Gamco'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 1290 Gamco is operating at the current time. Most of 1290 Gamco's value examination focuses on studying past and present price action to predict the probability of 1290 Gamco's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 1290 Gamco's price. Additionally, you may evaluate how the addition of 1290 Gamco to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between 1290 Gamco's value and its price as these two are different measures arrived at by different means. Investors typically determine 1290 Gamco value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 Gamco'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.