Ancora Microcap Fund Quote
| ANCIX Fund | USD 16.48 0.16 0.96% |
Performance3 of 100
| Odds Of DistressLess than 23
|
Ancora Microcap is trading at 16.48 as of the 18th of April 2024; that is -0.96 percent down since the beginning of the trading day. The fund's open price was 16.64. Ancora Microcap has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ancora Microcap Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of the assets in equity securities of companies whose equity securities have a total market value of under 700,000,000. Equity securities consist of common stock, preferred stock and securities convertible into common or preferred stock. More on Ancora Microcap Fund
Moving together with Ancora Mutual Fund
| 0.76 | AAIIX | Ancora Me Fund | PairCorr |
| 0.9 | AATSX | Ancorathelen Small Mid | PairCorr |
| 0.9 | AATIX | Ancorathelen Small Mid | PairCorr |
| 0.71 | ADEIX | Proxy Voting Where | PairCorr |
| 0.87 | VSIIX | Vanguard Small Cap | PairCorr |
| 0.87 | VISVX | Vanguard Small Cap | PairCorr |
Ancora 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. Ancora Microcap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ancora Microcap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Ancora Funds, Large Funds, Small Value Funds, Small Value, Ancora, Large, Small Value (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of April 2023 |
| Fiscal Year End | December |
Ancora Microcap Fund [ANCIX] is traded in USA and was established 18th of April 2024. Ancora Microcap is listed under Ancora category by Fama And French industry classification. The fund is listed under Small Value category and is part of Ancora family. This fund presently has accumulated 15.74 M in assets under management (AUM) with minimum initial investment of 5 K. Ancora Microcap is currently producing year-to-date (YTD) return of 2.06% with the current yeild of 0.01%, while the total return for the last 3 years was 5.86%.
Check Ancora Microcap 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 Ancora 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 Ancora 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 Ancora Microcap Fund 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 Ancora Microcap Fund Mutual Fund Constituents
| GIFI | Gulf Island Fabrication | Stock | Energy |
| NWPX | Northwest Pipe | Stock | Industrials |
| VOXX | VOXX International | Stock | Consumer Discretionary |
| ACTG | Acacia Research | Stock | Industrials |
| CTG | Computer Task Group | Stock | Information Technology |
| ELY | Callaway Golf | Stock | Leisure |
| PESI | Perma Fix Environmental Svcs | Stock | Industrials |
Ancora Microcap Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ancora Microcap jumping above the current price in 90 days from now is about 55.55%. The Ancora Microcap Fund probability density function shows the probability of Ancora Microcap 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 1.089. This suggests Ancora Microcap Fund market returns are sensitive to returns on the market. As the market goes up or down, Ancora Microcap is expected to follow. Additionally, ancora Microcap Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ancora Microcap to move above the current price in 90 days from now is about 55.55 (This Ancora Microcap Fund probability density function shows the probability of Ancora Mutual Fund to fall within a particular range of prices over 90 days) .
Ancora Microcap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ancora Microcap market risk premium is the additional return an investor will receive from holding Ancora Microcap 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 Ancora Microcap. 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 Ancora Microcap's alpha and beta are two of the key measurements used to evaluate Ancora Microcap's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7436 | |||
| Semi Deviation | 0.8889 | |||
| Standard Deviation | 0.9466 | |||
| Variance | 0.8961 |
Ancora Microcap Against Markets
Picking the right benchmark for Ancora Microcap 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 Ancora Microcap 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 Ancora Microcap is critical whether you are bullish or bearish towards Ancora Microcap Fund at a given time. Please also check how Ancora Microcap's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ancora Microcap 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.Did you try this?
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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Ancora Mutual Fund?
Before investing in Ancora Microcap, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ancora Microcap. To buy Ancora Microcap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ancora Microcap. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ancora Microcap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ancora Microcap Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ancora Microcap Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Ancora Microcap Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ancora Microcap Fund?
The danger of trading Ancora Microcap Fund 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 Ancora Microcap 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 Ancora Microcap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ancora Microcap 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ancora Microcap Fund. 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. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.