Centre Mutual Fund Quote

DHAMX
 Fund
  

USD 14.36  0.00  0.00%   

Market Performance
3 of 100
Odds Of Distress
Less than 1
Centre American is trading at 14.36 as of the 29th of November 2022; that is No Change since the beginning of the trading day. The fund's open price was 14.36. Centre American has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Centre American Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2022 and ending today, the 29th of November 2022. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of large capitalization U.S. companies. Centre American is traded on NASDAQ Exchange in the United States. More on Centre American Equity

Moving together with Centre American

+0.82VFINXVanguard Index Trust Low VolatilityPairCorr
+0.89VFFSXVanguard 500 Index Low VolatilityPairCorr
+0.82VFIAXVanguard 500 Index Low VolatilityPairCorr
+0.87FILFXStrategic Advisers Steady GrowthPairCorr

Centre American 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. Centre American's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Centre American or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Centre American is unlikely to experience financial distress in the next 2 years
The fund retains 99.54% 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 Centre American's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Beta In Three Year0.8
Startdate21st of December 2011
Centre American Equity [DHAMX] is traded in USA and was established 29th of November 2022. The fund is listed under Large Blend category and is part of Centre Funds family. Centre American Equity currently has accumulated 162.84 M in assets under management (AUM) with minimum initial investment of 5 K. , while the total return for the last 3 years was 9.66%.
Check Centre American 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 Centre 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 Centre 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 Centre American Equity 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 Centre American Equity Constituents

Centre American Target Price Odds Analysis

Based on a normal probability distribution, the odds of Centre American jumping above the current price in 90 days from now is about 9.36%. The Centre American Equity probability density function shows the probability of Centre American mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Centre American Equity has a beta of -0.0619 suggesting as returns on benchmark increase, returns on holding Centre American are expected to decrease at a much lower rate. During the bear market, however, Centre American Equity is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Centre American Equity is significantly underperforming DOW.
  Odds Below 14.36HorizonTargetOdds Above 14.36
90.50%90 days
 14.36 
9.36%
Based on a normal probability distribution, the odds of Centre American to move above the current price in 90 days from now is about 9.36 (This Centre American Equity probability density function shows the probability of Centre Mutual Fund to fall within a particular range of prices over 90 days) .

Centre American Equity Risk Profiles

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

Centre American Against Markets

Picking the right benchmark for Centre American 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 Centre American 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 Centre American is critical whether you are bullish or bearish towards Centre American Equity at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Centre American 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 Centre American Equity?

The danger of trading Centre American Equity 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 Centre American 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 Centre American. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Centre American Equity 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 Investing Opportunities. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Please note, there is a significant difference between Centre American's value and its price as these two are different measures arrived at by different means. Investors typically determine Centre American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centre American'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.