Gotham Enhanced Return Fund Quote
| GENIX Fund | USD 13.01 0.31 2.33% |
Performance23 of 100
| Odds Of DistressLess than 16
|
Gotham Enhanced is trading at 13.01 as of the 15th of April 2024; that is -2.33 percent decrease since the beginning of the trading day. The fund's open price was 13.32. Gotham Enhanced has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Gotham Enhanced Return are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing under normal circumstances in long and short positions of equity and equity-related securities, primarily companies traded on U.S. markets. It seeks a total return greater than that of the SP 500 Index over a full market cycle, which is a period that includes both a bull market and a bear market cycle.. More on Gotham Enhanced Return
Moving together with Gotham Mutual Fund
| 0.98 | GCHDX | Gotham Hedged E | PairCorr |
| 0.95 | GDLFX | Gotham Defensive Long | PairCorr |
| 0.97 | GVALX | Gotham Large Value | PairCorr |
| 0.98 | GEFPX | Gotham Enhanced 500 | PairCorr |
| 0.99 | GINDX | Gotham Index Plus | PairCorr |
| 0.99 | GNNDX | Gotham Index Plus | PairCorr |
Gotham 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. Gotham Enhanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gotham Enhanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Gotham Funds, Large Funds, Mid-Cap Blend Funds, Mid-Cap Blend, Gotham, Large Blend, Mid-Cap Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Gotham Enhanced Return [GENIX] is traded in USA and was established 15th of April 2024. Gotham Enhanced is listed under Gotham category by Fama And French industry classification. The fund is listed under Mid-Cap Blend category and is part of Gotham family. This fund currently has accumulated 185.38 M in assets under management (AUM) with minimum initial investment of 100 K. Gotham Enhanced Return is currently producing year-to-date (YTD) return of 14.06%, while the total return for the last 3 years was 14.75%.
Check Gotham Enhanced 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 Gotham 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 Gotham 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 Gotham Enhanced Return 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 Gotham Enhanced Return Mutual Fund Constituents
| LOW | Lowes Companies | Stock | Consumer Discretionary |
| EBAY | eBay Inc | Stock | Consumer Discretionary |
| DIS | Walt Disney | Stock | Communication Services |
| LRCX | Lam Research Corp | Stock | Information Technology |
| IBM | International Business Machines | Stock | Information Technology |
| MU | Micron Technology | Stock | Information Technology |
| AMGN | Amgen Inc | Stock | Health Care |
Gotham Enhanced Target Price Odds Analysis
Based on a normal probability distribution, the odds of Gotham Enhanced jumping above the current price in 90 days from now is about 33.5%. The Gotham Enhanced Return probability density function shows the probability of Gotham Enhanced mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Gotham Enhanced has a beta of 0.8298. This usually indicates as returns on the market go up, Gotham Enhanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gotham Enhanced Return will be expected to be much smaller as well. Additionally, gotham Enhanced Return has an alpha of 0.1428, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Gotham Enhanced to move above the current price in 90 days from now is about 33.5 (This Gotham Enhanced Return probability density function shows the probability of Gotham Mutual Fund to fall within a particular range of prices over 90 days) .
Gotham Enhanced Return Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gotham Enhanced market risk premium is the additional return an investor will receive from holding Gotham Enhanced 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 Gotham Enhanced. 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 Gotham Enhanced's alpha and beta are two of the key measurements used to evaluate Gotham Enhanced's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.516 | |||
| Semi Deviation | 0.3114 | |||
| Standard Deviation | 0.6805 | |||
| Variance | 0.463 |
Gotham Enhanced Against Markets
Picking the right benchmark for Gotham Enhanced 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 Gotham Enhanced 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 Gotham Enhanced is critical whether you are bullish or bearish towards Gotham Enhanced Return at a given time. Please also check how Gotham Enhanced'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 Gotham Enhanced 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 Gotham Mutual Fund?
Before investing in Gotham Enhanced, 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 Gotham Enhanced. To buy Gotham Enhanced fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gotham Enhanced. 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 Gotham Enhanced fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Gotham Enhanced Return 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 Gotham Enhanced Return 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 Gotham Enhanced Return, 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 Gotham Enhanced Return?
The danger of trading Gotham Enhanced Return 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 Gotham Enhanced 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 Gotham Enhanced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gotham Enhanced Return 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gotham Enhanced Return. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.