Spectrum Fund Institutional Fund Buy Hold or Sell Recommendation

SRUIX Fund  USD 13.88  0.13  0.95%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Spectrum Fund Institutional is 'Strong Hold'. Macroaxis provides Spectrum Fund buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SRUIX positions. The advice algorithm takes into account all of Spectrum Fund's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Spectrum Fund's buy or sell advice are summarized below:
Real Value
13.7
Hype Value
13.88
Market Value
13.88
Naive Value
13.91
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spectrum Fund Institutional given historical horizon and risk tolerance towards Spectrum Fund. When Macroaxis issues a 'buy' or 'sell' recommendation for Spectrum Fund Institutional, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Spectrum Fund Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Spectrum and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Spectrum Fund Institutional. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Spectrum Fund Buy or Sell Advice

The Spectrum recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spectrum Fund Institutional. Macroaxis does not own or have any residual interests in Spectrum Fund Institutional or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spectrum Fund's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Spectrum FundBuy Spectrum Fund
Strong Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Spectrum Fund Institutional has a Risk Adjusted Performance of 0.1189, Jensen Alpha of 6.0E-4, Total Risk Alpha of (0.02), Sortino Ratio of 0.0174 and Treynor Ratio of 0.1249
Our advice tool can cross-verify current analyst consensus on Spectrum Fund and to analyze the entity potential to grow in the current economic cycle. Please use Spectrum Fund Instit year to date return and last dividend paid to make buy, hold, or sell decision on Spectrum Fund.

Spectrum Fund Trading Alerts and Improvement Suggestions

The fund maintains about 20.15% of its assets in cash

Spectrum Fund Returns Distribution Density

The distribution of Spectrum Fund's historical returns is an attempt to chart the uncertainty of Spectrum Fund's future price movements. The chart of the probability distribution of Spectrum Fund daily returns describes the distribution of returns around its average expected value. We use Spectrum Fund Institutional price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spectrum Fund returns is essential to provide solid investment advice for Spectrum Fund.
Mean Return
0.15
Value At Risk
-1.03
Potential Upside
1.19
Standard Deviation
0.69
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spectrum Fund historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Spectrum Fund Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Spectrum Fund or Meeder Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Spectrum Fund's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Spectrum fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.0006
β
Beta against NYSE Composite1.08
σ
Overall volatility
0.71
Ir
Information ratio 0.02

Spectrum Fund Volatility Alert

Spectrum Fund Institutional exhibits relatively low volatility with skewness of -0.11 and kurtosis of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spectrum Fund's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spectrum Fund's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Spectrum Fund Fundamentals Vs Peers

Comparing Spectrum Fund's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Spectrum Fund's direct or indirect competition across all of the common fundamentals between Spectrum Fund and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spectrum Fund or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Spectrum Fund's fundamental indicators could also be used in its relative valuation, which is a method of valuing Spectrum Fund by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Spectrum Fund to competition
FundamentalsSpectrum FundPeer Average
Annual Yield0.02 %0.29 %
Year To Date Return8.99 %0.39 %
One Year Return23.10 %4.15 %
Three Year Return8.10 %3.60 %
Five Year Return8.23 %3.24 %
Net Asset191.97 M4.11 B
Minimum Initial Investment1000 K976.16 K
Last Dividend Paid0.010.65
Cash Position Weight20.15 %10.61 %
Equity Positions Weight79.84 %63.90 %

Spectrum Fund Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spectrum . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Spectrum Fund Buy or Sell Advice

When is the right time to buy or sell Spectrum Fund Institutional? Buying financial instruments such as Spectrum Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Spectrum Fund in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Measuring and Control Equipment Thematic Idea Now

Measuring and Control Equipment
Measuring and Control Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Measuring and Control Equipment Theme or any other thematic opportunities.
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Check out Spectrum Fund Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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