AGQIX Mutual Fund Quote

AGQIX
 Fund
  

USD 7.74  0.03  0.39%   

Market Performance
0 of 100
Odds Of Distress
Less than 40
AGF Emerging is trading at 7.74 as of the 2nd of October 2022; that is -0.39 percent decrease since the beginning of the trading day. The fund's open price was 7.77. AGF Emerging has about a 40 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 AGF Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2022 and ending today, the 2nd of October 2022. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities issued by companies that are economically tied to emerging market countries. AGF Emerging is traded on NASDAQ Exchange in the United States. More on AGF Emerging Markets

Moving together with AGF Emerging

+0.62JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr

AGF Emerging 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. AGF Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AGF Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
AGF Emerging Markets generated a negative expected return over the last 90 days
The fund holds 96.47% of its assets under management (AUM) in equities
Thematic Ideas
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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 AGF Emerging's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Startdate2nd of January 2020
AGF Emerging Markets [AGQIX] is traded in USA and was established 2nd of October 2022. The fund is listed under Diversified Emerging Mkts category and is part of AGF Investments family. The entity is thematically classified as Conservative. AGF Emerging Markets presently has accumulated 821.86 K in assets under management (AUM) with minimum initial investment of 1000 K.
Check AGF Emerging 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 AGQIX 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 AGQIX 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 AGF Emerging Markets 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 AGF Emerging Markets Constituents

AGF Emerging Target Price Odds Analysis

Based on a normal probability distribution, the odds of AGF Emerging jumping above the current price in 90 days from now is close to 99%. The AGF Emerging Markets probability density function shows the probability of AGF Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon AGF Emerging has a beta of 0.5999. This suggests as returns on the market go up, AGF Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AGF Emerging Markets 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. AGF Emerging Markets is significantly underperforming DOW.
  Odds Below 7.74HorizonTargetOdds Above 7.74
0.15%90 days
 7.74 
99.85%
Based on a normal probability distribution, the odds of AGF Emerging to move above the current price in 90 days from now is close to 99 (This AGF Emerging Markets probability density function shows the probability of AGQIX Mutual Fund to fall within a particular range of prices over 90 days) .

AGF Emerging Markets Risk Profiles

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

AGF Emerging Against Markets

Picking the right benchmark for AGF Emerging 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 AGF Emerging 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 AGF Emerging is critical whether you are bullish or bearish towards AGF Emerging Markets at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AGF Emerging 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 AGF Emerging Markets?

The danger of trading AGF Emerging Markets 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 AGF Emerging 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 AGF Emerging. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AGF Emerging Markets 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.
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When running AGF Emerging Markets price analysis, check to measure AGF Emerging'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 AGF Emerging is operating at the current time. Most of AGF Emerging's value examination focuses on studying past and present price action to predict the probability of AGF Emerging's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AGF Emerging's price. Additionally, you may evaluate how the addition of AGF Emerging to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between AGF Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine AGF Emerging value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGF Emerging'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.