Intermediate Bond Fund Quote
| CBOFX Fund | USD 12.19 0.03 0.25% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Intermediate Bond is trading at 12.19 as of the 17th of April 2024; that is -0.25 percent down since the beginning of the trading day. The fund's open price was 12.22. Intermediate Bond has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Intermediate Bond Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 17th of April 2024. Click here to learn more.
The fund maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity of no less than three years and no greater than five years under normal market conditions. It invests primarily in bonds and other debt securities with quality ratings of A- or better or A3 or better or unrated but determined to be of equivalent quality by the funds investment adviser. More on Intermediate Bond Fund
Moving together with Intermediate Mutual Fund
| 0.73 | FPPPX | American Funds Prese | PairCorr |
Intermediate 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. Intermediate Bond's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Intermediate Bond or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | American Funds, Large Funds, Short-Term Bond Funds, Short-Term Bond, American Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
Intermediate Bond Fund [CBOFX] is traded in USA and was established 17th of April 2024. Intermediate Bond is listed under American Funds category by Fama And French industry classification. The fund is listed under Short-Term Bond category and is part of American Funds family. This fund currently has accumulated 17.7 B in assets under management (AUM) with no minimum investment requirementsIntermediate Bond is currently producing year-to-date (YTD) return of 0.16% with the current yeild of 0.0%, while the total return for the last 3 years was -1.54%.
Check Intermediate Bond Probability Of Bankruptcy
Instrument Allocation
Intermediate Bond Target Price Odds Analysis
Based on a normal probability distribution, the odds of Intermediate Bond jumping above the current price in 90 days from now is close to 99%. The Intermediate Bond Fund probability density function shows the probability of Intermediate Bond mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Intermediate Bond has a beta of 0.176 suggesting as returns on the market go up, Intermediate Bond average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Intermediate Bond Fund will be expected to be much smaller as well. Additionally, intermediate Bond 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 Intermediate Bond to move above the current price in 90 days from now is close to 99 (This Intermediate Bond Fund probability density function shows the probability of Intermediate Mutual Fund to fall within a particular range of prices over 90 days) .
Intermediate Bond Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Intermediate Bond market risk premium is the additional return an investor will receive from holding Intermediate Bond 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 Intermediate Bond. 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 Intermediate Bond's alpha and beta are two of the key measurements used to evaluate Intermediate Bond's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2265 | |||
| Standard Deviation | 0.2923 | |||
| Variance | 0.0855 | |||
| Risk Adjusted Performance | (0.07) |
Intermediate Bond Against Markets
Picking the right benchmark for Intermediate Bond 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 Intermediate Bond 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 Intermediate Bond is critical whether you are bullish or bearish towards Intermediate Bond Fund at a given time. Please also check how Intermediate Bond'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 Intermediate Bond 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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How to buy Intermediate Mutual Fund?
Before investing in Intermediate Bond, 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 Intermediate Bond. To buy Intermediate Bond fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Intermediate Bond. 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 Intermediate Bond fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Intermediate Bond 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 Intermediate Bond 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 Intermediate Bond 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 Intermediate Bond Fund?
The danger of trading Intermediate Bond 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 Intermediate Bond 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 Intermediate Bond. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Intermediate Bond 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 Intermediate Bond 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 census. Note that the Intermediate Bond information on this page should be used as a complementary analysis to other Intermediate Bond'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 the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.