Perkins Mid Cap Fund Quote

JMVAX Fund  USD 16.14  0.26  1.59%   

Performance

14 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Perkins Mid is trading at 16.14 as of the 28th of March 2024; that is -1.59% down since the beginning of the trading day. The fund's open price was 16.4. Perkins Mid has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Perkins Mid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in equity securities of companies whose market capitalization falls, at the time of purchase, within the capitalization range of the Russell Midcap Value Index. The fund may invest, under normal circumstances, up to 20 percent of its net assets in securities of companies having market capitalizations outside of the aforementioned market capitalization ranges.. More on Perkins Mid Cap

Moving together with Perkins Mutual Fund

  0.81USG USCF Gold Strategy Symbol ChangePairCorr
  0.99JGCAX Janus Global AllocationPairCorr
  0.99JGCCX Janus Global AllocationPairCorr
  0.98JGCIX Janus Global AllocationPairCorr
  0.99JGCSX Janus Global AllocationPairCorr

Moving against Perkins Mutual Fund

  0.49JGBSX Janus Global BondPairCorr
  0.48JGBCX Janus Global BondPairCorr
  0.46JGBAX Janus Global BondPairCorr
  0.45JGBDX Janus Global BondPairCorr
  0.45JGLNX Janus Global BondPairCorr
  0.44JGBIX Janus Global BondPairCorr

Perkins 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. Perkins Mid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Perkins Mid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationJanus Henderson Funds, Large Funds, Mid-Cap Value Funds, Mid-Cap Value, Janus Henderson (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of October 2022
Fiscal Year EndJune
Perkins Mid Cap [JMVAX] is traded in USA and was established 28th of March 2024. Perkins Mid is listed under Janus Henderson category by Fama And French industry classification. The fund is listed under Mid-Cap Value category and is part of Janus Henderson family. This fund currently has accumulated 1.9 B in assets under management (AUM) with no minimum investment requirementsPerkins Mid Cap is currently producing year-to-date (YTD) return of 8.01% with the current yeild of 0.01%, while the total return for the last 3 years was 7.81%.
Check Perkins Mid 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 Perkins 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 Perkins 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 Perkins Mid Cap 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 Perkins Mid Cap Mutual Fund Constituents

MTBMT Bank CorpStockFinancials
CFGCitizens Financial GroupStockFinancials
CCKCrown HoldingsStockMaterials
LHLaboratoryStockHealth Care
GPKGraphic Packaging HoldingStockMaterials
SNPSSynopsysStockInformation Technology
EQCEquity CommonwealthStockReal Estate
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Perkins Mid Target Price Odds Analysis

Based on a normal probability distribution, the odds of Perkins Mid jumping above the current price in 90 days from now is under 4%. The Perkins Mid Cap probability density function shows the probability of Perkins Mid mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Perkins Mid Cap has a beta of -0.1264. This indicates as returns on benchmark increase, returns on holding Perkins Mid are expected to decrease at a much lower rate. During the bear market, however, Perkins Mid Cap is likely to outperform the market. Additionally, perkins Mid Cap has an alpha of 0.1464, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.14HorizonTargetOdds Above 16.14
96.86%90 days
 16.14 
3.08%
Based on a normal probability distribution, the odds of Perkins Mid to move above the current price in 90 days from now is under 4 (This Perkins Mid Cap probability density function shows the probability of Perkins Mutual Fund to fall within a particular range of prices over 90 days) .

Perkins Mid Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Perkins Mid market risk premium is the additional return an investor will receive from holding Perkins Mid 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 Perkins Mid. 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 Perkins Mid's alpha and beta are two of the key measurements used to evaluate Perkins Mid's performance over the market, the standard measures of volatility play an important role as well.

Perkins Mid Against Markets

Picking the right benchmark for Perkins Mid 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 Perkins Mid 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 Perkins Mid is critical whether you are bullish or bearish towards Perkins Mid Cap at a given time. Please also check how Perkins Mid'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 Perkins Mid 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.

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How to buy Perkins Mutual Fund?

Before investing in Perkins Mid, 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 Perkins Mid. To buy Perkins Mid fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Perkins Mid. 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 Perkins Mid fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Perkins Mid Cap 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 Perkins Mid Cap 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 Perkins Mid Cap, 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 Perkins Mid Cap?

The danger of trading Perkins Mid Cap 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 Perkins Mid 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 Perkins Mid. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Perkins Mid Cap 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 Perkins Mid Cap. 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 nation.
Note that the Perkins Mid Cap information on this page should be used as a complementary analysis to other Perkins Mid'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Perkins Mutual Fund analysis

When running Perkins Mid's price analysis, check to measure Perkins Mid'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 Perkins Mid is operating at the current time. Most of Perkins Mid's value examination focuses on studying past and present price action to predict the probability of Perkins Mid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perkins Mid's price. Additionally, you may evaluate how the addition of Perkins Mid to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Perkins Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perkins Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perkins Mid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.