Towpath Mutual Fund Quote

TOWTX
 Fund
  

USD 11.26  0.21  1.90%   

Market Performance
5 of 100
Odds Of Distress
Less than 1
Towpath Technology is trading at 11.26 as of the 15th of August 2022; that is 1.90 percent increase since the beginning of the trading day. The fund's open price was 11.05. Towpath Technology has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Towpath Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of July 2022 and ending today, the 15th of August 2022. Click here to learn more.
The adviser seeks to achieve the funds investment objective by investing primarily in U.S. equity securities but may also hold shares of foreign companies either directly or through ADRs. Towpath Technology is traded on NASDAQ Exchange in the United States. More on Towpath Technology

Towpath Technology 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Towpath Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Towpath Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Towpath Technology is unlikely to experience financial distress in the next 2 years
The fund maintains about 19.67% of its assets in cash
Thematic IdeaTech Funds (view all)
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 Towpath Technology's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Startdate31st of December 2020
Towpath Technology [TOWTX] is traded in USA and was established 15th of August 2022. The fund is listed under Technology category and is part of Oelschlager Investments family. The entity is thematically classified as Tech Funds. Towpath Technology at this time has accumulated 3.28 M in assets with minimum initial investment of 2 K.
Check Towpath Technology 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 Towpath 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 Towpath 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 Towpath Technology 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 Towpath Technology Constituents

Towpath Technology Target Price Odds Analysis

What are Towpath Technology's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Towpath Technology jumping above the current price in 90 days from now is under 4%. The Towpath Technology probability density function shows the probability of Towpath Technology mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1649. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Towpath Technology will likely underperform. Additionally, the company has an alpha of 0.0272, implying that it can generate a 0.0272 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 11.26HorizonTargetOdds Above 11.26
96.48%90 days
 11.26 
3.45%
Based on a normal probability distribution, the odds of Towpath Technology to move above the current price in 90 days from now is under 4 (This Towpath Technology probability density function shows the probability of Towpath Mutual Fund to fall within a particular range of prices over 90 days) .

Towpath Technology Risk Profiles

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

Towpath Technology Against Markets

Picking the right benchmark for Towpath Technology 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 Towpath Technology 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 Towpath Technology is critical whether you are bullish or bearish towards Towpath Technology at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Towpath Technology without increasing your portfolio risk or giving up 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 Towpath Technology?

You need to understand the risk of investing before taking a position in Towpath Technology. The danger of trading Towpath Technology 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 Towpath Technology 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 Towpath Technology. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Towpath Technology 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. Note that the Towpath Technology information on this page should be used as a complementary analysis to other Towpath Technology'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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