Free Market International Fund Quote
FMNEX Fund | USD 11.69 0.02 0.17% |
Performance10 of 100
| Odds Of DistressLess than 37
|
Free Market is trading at 11.69 as of the 29th of March 2024; that is -0.17 percent decrease since the beginning of the trading day. The fund's open price was 11.71. Free Market has about a 37 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Free Market International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in shares of registered, open-end investment companies and exchange-traded funds that have either adopted policies to invest at least 80 percent of their assets in equity securities of foreign companies, or invest substantially all of their assets in such equity securities. More on Free Market International
Moving together with Free Mutual Fund
0.92 | USG | USCF Gold Strategy Symbol Change | PairCorr |
0.78 | FMFIX | Free Market Fixed | PairCorr |
0.87 | FMUEX | Free Market Us | PairCorr |
0.96 | DISVX | Dfa International Small | PairCorr |
0.96 | DFVQX | Dfa International Vector | PairCorr |
0.76 | OANEX | Oakmark International | PairCorr |
Free 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. Free Market's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Free Market or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | RBB Funds, Large Funds, Foreign Small/Mid Value Funds, Foreign Small/Mid Value, RBB Funds, Large, Foreign Small/Mid Value (View all Sectors) |
Update Date | 31st of March 2024 |
Free Market International [FMNEX] is traded in USA and was established 29th of March 2024. Free Market is listed under RBB Funds category by Fama And French industry classification. The fund is listed under Foreign Small/Mid Value category and is part of RBB Funds family. This fund currently has accumulated 2.35 B in assets under management (AUM) with no minimum investment requirementsFree Market International is currently producing year-to-date (YTD) return of 4.13% with the current yeild of 0.02%, while the total return for the last 3 years was 4.2%.
Check Free Market 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 Free 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 Free 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 Free Market International 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 Free Market International Mutual Fund Constituents
AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund |
DEMSX | Emerging Markets Small | Mutual Fund | Diversified Emerging Mkts |
DFEVX | Emerging Markets Value | Mutual Fund | Diversified Emerging Mkts |
DFVIX | Dfa International Value | Mutual Fund | Foreign Large Value |
DISVX | Dfa International Small | Mutual Fund | Foreign Small/Mid Value |
IEFA | IShares Core MSCI | Etf | Foreign Large Blend |
IEMG | IShares Core MSCI | Etf | Diversified Emerging Mkts |
Free Market Target Price Odds Analysis
Based on a normal probability distribution, the odds of Free Market jumping above the current price in 90 days from now is about 1.39%. The Free Market International probability density function shows the probability of Free Market mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Free Market has a beta of 0.0658. This usually indicates as returns on the market go up, Free Market average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Free Market International will be expected to be much smaller as well. Additionally, free Market International has an alpha of 0.0771, implying that it can generate a 0.0771 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Free Market to move above the current price in 90 days from now is about 1.39 (This Free Market International probability density function shows the probability of Free Mutual Fund to fall within a particular range of prices over 90 days) .
Free Market International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Free Market market risk premium is the additional return an investor will receive from holding Free Market 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 Free Market. 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 Free Market's alpha and beta are two of the key measurements used to evaluate Free Market's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4566 | |||
Semi Deviation | 0.5294 | |||
Standard Deviation | 0.6126 | |||
Variance | 0.3752 |
Free Market Against Markets
Picking the right benchmark for Free Market 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 Free Market 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 Free Market is critical whether you are bullish or bearish towards Free Market International at a given time. Please also check how Free Market'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 Free Market 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?
Run Idea Optimizer Now
Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
All Next | Launch Module |
How to buy Free Mutual Fund?
Before investing in Free Market, 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 Free Market. To buy Free Market fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Free Market. 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 Free Market fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Free Market International 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 Free Market International 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 Free Market International, 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 Free Market International?
The danger of trading Free Market International 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 Free Market 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 Free Market. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Free Market International 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 Free Market International. 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 income. Note that the Free Market International information on this page should be used as a complementary analysis to other Free Market'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Free Mutual Fund analysis
When running Free Market's price analysis, check to measure Free Market'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 Free Market is operating at the current time. Most of Free Market's value examination focuses on studying past and present price action to predict the probability of Free Market's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Free Market's price. Additionally, you may evaluate how the addition of Free Market to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |