Grandeur Peak Global Fund Quote
| GPMCX Fund | USD 13.42 0.02 0.15% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Grandeur Peak is trading at 13.42 as of the 18th of April 2024; that is -0.15% down since the beginning of the trading day. The fund's open price was 13.44. Grandeur Peak has about a 22 % 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 Grandeur Peak Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund invests primarily in foreign and domestic micro-cap companies. The Adviser will invest at least 80 percent of the funds assets in equity securities of foreign and domestic companies with market capitalizations of less than 1 billion at the time of purchase. More on Grandeur Peak Global
Moving together with Grandeur Mutual Fund
| 0.71 | GISOX | Grandeur Peak Intern | PairCorr |
| 0.72 | GISYX | Grandeur Peak Intern | PairCorr |
| 0.87 | GPEIX | Grandeur Peak Emerging | PairCorr |
| 0.87 | GPEOX | Grandeur Peak Emerging | PairCorr |
Grandeur 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. Grandeur Peak's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grandeur Peak or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Grandeur Peak Funds, Large Funds, Foreign Small/Mid Growth Funds, Foreign Small/Mid Growth, Grandeur Peak Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of August 2022 |
| Fiscal Year End | April |
Grandeur Peak Global [GPMCX] is traded in USA and was established 18th of April 2024. Grandeur Peak is listed under Grandeur Peak Funds category by Fama And French industry classification. The fund is listed under Foreign Small/Mid Growth category and is part of Grandeur Peak Funds family. This fund currently has accumulated 45.13 M in assets under management (AUM) with minimum initial investment of 2 K. Grandeur Peak Global is currently producing year-to-date (YTD) return of 1.09%, while the total return for the last 3 years was -7.35%.
Check Grandeur Peak 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 Grandeur 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 Grandeur 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 Grandeur Peak Global 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 Grandeur Peak Global Mutual Fund Constituents
| JYNT | The Joint Corp | Stock | Health Care |
| NVEE | NV5 Global | Stock | Industrials |
| SAR | Saratoga Investment Corp | Stock | Financials |
| SSG | ProShares UltraShort Semiconductors | Etf | Trading--Inverse Equity |
| PPC | Pilgrims Pride Corp | Stock | Consumer Staples |
| HIFS | Hingham Institution for | Stock | Financials |
| ESQ | Esquire Financial Holdings | Stock | Financials |
Grandeur Peak Target Price Odds Analysis
Based on a normal probability distribution, the odds of Grandeur Peak jumping above the current price in 90 days from now is about 84.13%. The Grandeur Peak Global probability density function shows the probability of Grandeur Peak mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Grandeur Peak has a beta of 0.7666. This usually indicates as returns on the market go up, Grandeur Peak average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grandeur Peak Global will be expected to be much smaller as well. Additionally, grandeur Peak Global 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 Grandeur Peak to move above the current price in 90 days from now is about 84.13 (This Grandeur Peak Global probability density function shows the probability of Grandeur Mutual Fund to fall within a particular range of prices over 90 days) .
Grandeur Peak Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Grandeur Peak market risk premium is the additional return an investor will receive from holding Grandeur Peak 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 Grandeur Peak. 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 Grandeur Peak's alpha and beta are two of the key measurements used to evaluate Grandeur Peak's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5639 | |||
| Semi Deviation | 0.655 | |||
| Standard Deviation | 0.6895 | |||
| Variance | 0.4754 |
Grandeur Peak Against Markets
Picking the right benchmark for Grandeur Peak 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 Grandeur Peak 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 Grandeur Peak is critical whether you are bullish or bearish towards Grandeur Peak Global at a given time. Please also check how Grandeur Peak'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 Grandeur Peak 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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Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
How to buy Grandeur Mutual Fund?
Before investing in Grandeur Peak, 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 Grandeur Peak. To buy Grandeur Peak fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grandeur Peak. 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 Grandeur Peak fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grandeur Peak Global 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 Grandeur Peak Global 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 Grandeur Peak Global, 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 Grandeur Peak Global?
The danger of trading Grandeur Peak Global 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 Grandeur Peak 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 Grandeur Peak. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grandeur Peak Global 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 Grandeur Peak Global. 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 main economic indicators. Note that the Grandeur Peak Global information on this page should be used as a complementary analysis to other Grandeur Peak'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.