Americafirst Defensive Growth Fund Quote
| DGQUX Fund | USD 7.23 0.03 0.42% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Americafirst Defensive is trading at 7.23 as of the 23rd of April 2024; that is 0.42 percent up since the beginning of the trading day. The fund's open price was 7.2. Americafirst Defensive 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 Americafirst Defensive Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing, under normal circumstances, a range of approximately 70 percent to 100 percent of its net assets in a portfolio of defensive, non-cyclical equity securities of foreign and domestic companies selected by applying a rules-based strategy. More on Americafirst Defensive Growth
Moving together with Americafirst Mutual Fund
| 1.0 | DGQIX | Americafirst Defensive | PairCorr |
| 1.0 | DGQAX | Americafirst Defensive | PairCorr |
Moving against Americafirst Mutual Fund
| 0.61 | QLERX | Aqr Long Short | PairCorr |
Americafirst 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. Americafirst Defensive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Americafirst Defensive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | AmericaFirst Funds, Large Blend Funds, Long-Short Equity Funds, Long-Short Equity, AmericaFirst Funds, Large, Long-Short Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of November 2022 |
| Fiscal Year End | December |
Americafirst Defensive Growth [DGQUX] is traded in USA and was established 23rd of April 2024. Americafirst Defensive is listed under AmericaFirst Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of AmericaFirst Funds family. This fund currently has accumulated 1.13 M in assets under management (AUM) with no minimum investment requirementsAmericafirst Defensive is currently producing year-to-date (YTD) return of 0.68%, while the total return for the last 3 years was -6.43%.
Check Americafirst Defensive 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 Americafirst 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 Americafirst 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 Americafirst Defensive Growth 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 Americafirst Defensive Growth Mutual Fund Constituents
| ETR | Entergy | Stock | Utilities |
| PARR | Par Pacific Holdings | Stock | Energy |
| EBS | Emergent Biosolutions | Stock | Health Care |
| NVCR | Novocure | Stock | Health Care |
| BG | Bunge Limited | Stock | Consumer Staples |
| CVGW | Calavo Growers | Stock | Consumer Staples |
| PFE | Pfizer Inc | Stock | Health Care |
Americafirst Defensive Target Price Odds Analysis
Based on a normal probability distribution, the odds of Americafirst Defensive jumping above the current price in 90 days from now is about 97.0%. The Americafirst Defensive Growth probability density function shows the probability of Americafirst Defensive mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Americafirst Defensive has a beta of 0.6224 suggesting as returns on the market go up, Americafirst Defensive average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Americafirst Defensive Growth will be expected to be much smaller as well. Additionally, americafirst Defensive Growth 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 Americafirst Defensive to move above the current price in 90 days from now is about 97.0 (This Americafirst Defensive Growth probability density function shows the probability of Americafirst Mutual Fund to fall within a particular range of prices over 90 days) .
Americafirst Defensive Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Americafirst Defensive market risk premium is the additional return an investor will receive from holding Americafirst Defensive 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 Americafirst Defensive. 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 Americafirst Defensive's alpha and beta are two of the key measurements used to evaluate Americafirst Defensive's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3934 | |||
| Standard Deviation | 0.4981 | |||
| Variance | 0.2481 | |||
| Risk Adjusted Performance | (0.05) |
Americafirst Defensive Against Markets
Picking the right benchmark for Americafirst Defensive 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 Americafirst Defensive 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 Americafirst Defensive is critical whether you are bullish or bearish towards Americafirst Defensive Growth at a given time. Please also check how Americafirst Defensive'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 Americafirst Defensive 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 Americafirst Mutual Fund?
Before investing in Americafirst Defensive, 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 Americafirst Defensive. To buy Americafirst Defensive fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Americafirst Defensive. 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 Americafirst Defensive fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Americafirst Defensive Growth 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 Americafirst Defensive Growth 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 Americafirst Defensive Growth, 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 Americafirst Defensive Growth?
The danger of trading Americafirst Defensive Growth 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 Americafirst Defensive 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 Americafirst Defensive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Americafirst Defensive 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Americafirst Defensive Growth. 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 employment. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.