BRIGHT Mutual Fund Quote

BQLCX
 Fund
  

USD 20.72  0.26  1.24%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
BRIGHT ROCK is trading at 20.72 as of the 8th of December 2022; that is -1.24 percent down since the beginning of the trading day. The fund's open price was 20.98. BRIGHT ROCK 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 BRIGHT ROCK QUALITY are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2022 and ending today, the 8th of December 2022. Click here to learn more.
CUSIP
89833W436
ISIN
US89833W4362
Fiscal Year End
February
The fund invests at least 80 percent of its net assets in equity securities of companies with large-sized market capitalizations. Bright Rock is traded on NASDAQ Exchange in the United States. More on BRIGHT ROCK QUALITY

Moving together with BRIGHT ROCK

+0.79JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr

BRIGHT ROCK 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. BRIGHT ROCK's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BRIGHT ROCK or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
BRIGHT ROCK QUALITY is unlikely to experience financial distress in the next 2 years
The fund holds 99.74% 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 BRIGHT ROCK's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Beta In Three Year0.95
Startdate26th of May 2010
BRIGHT ROCK QUALITY [BQLCX] is traded in USA and was established 8th of December 2022. The fund is listed under Large Blend category and is part of Bright Rock family. BRIGHT ROCK QUALITY currently has accumulated 346.76 M in assets under management (AUM) with minimum initial investment of 100 K. , while the total return for the last 3 years was 8.06%.
Check BRIGHT ROCK 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 BRIGHT 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 BRIGHT 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 BRIGHT ROCK QUALITY 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 BRIGHT ROCK QUALITY Mutual Fund Constituents

BRIGHT ROCK Target Price Odds Analysis

Based on a normal probability distribution, the odds of BRIGHT ROCK jumping above the current price in 90 days from now is about 13.44%. The BRIGHT ROCK QUALITY probability density function shows the probability of BRIGHT ROCK mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon BRIGHT ROCK QUALITY has a beta of -0.0112 suggesting as returns on benchmark increase, returns on holding BRIGHT ROCK are expected to decrease at a much lower rate. During the bear market, however, BRIGHT ROCK QUALITY is likely to outperform the market. Additionally, the company has an alpha of 0.0652, implying that it can generate a 0.0652 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 20.72HorizonTargetOdds Above 20.72
86.41%90 days
 20.72 
13.44%
Based on a normal probability distribution, the odds of BRIGHT ROCK to move above the current price in 90 days from now is about 13.44 (This BRIGHT ROCK QUALITY probability density function shows the probability of BRIGHT Mutual Fund to fall within a particular range of prices over 90 days) .

BRIGHT ROCK QUALITY Risk Profiles

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

BRIGHT ROCK Against Markets

Picking the right benchmark for BRIGHT ROCK 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 BRIGHT ROCK 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 BRIGHT ROCK is critical whether you are bullish or bearish towards BRIGHT ROCK QUALITY at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BRIGHT ROCK 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 BRIGHT ROCK QUALITY?

The danger of trading BRIGHT ROCK QUALITY 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 BRIGHT ROCK 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 BRIGHT ROCK. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BRIGHT ROCK QUALITY 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.
Continue to Trending Equities. Note that the BRIGHT ROCK QUALITY information on this page should be used as a complementary analysis to other BRIGHT ROCK'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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