Kinetics Paradigm Fund Quote
| KNPYX Fund | USD 81.96 0.20 0.24% |
Performance14 of 100
| Odds Of DistressLess than 17
|
Kinetics Paradigm is trading at 81.96 as of the 19th of April 2024; that is 0.24 percent increase since the beginning of the trading day. The fund's open price was 81.76. Kinetics Paradigm has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Kinetics Paradigm Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund is a non-diversified fund that invests all of its investable assets in the Paradigm Portfolio, a series of Kinetics Portfolios Trust. The Paradigm Portfolio invests at least 65 percent of its net assets in common stocks, ETFs, convertible securities, warrants, and other equity securities having the characteristics of common stocks , Global Depositary Receipts and International Depositary Receipts of U.S. More on Kinetics Paradigm Fund
Moving together with Kinetics Mutual Fund
| 0.86 | KGLCX | Kinetics Global | PairCorr |
| 1.0 | WWNPX | Kinetics Paradigm | PairCorr |
| 0.96 | WWWEX | Kinetics Global | PairCorr |
| 0.7 | KMDNX | Kinetics Multi Disci | PairCorr |
| 0.88 | KMKCX | Kinetics Market Oppo | PairCorr |
| 0.88 | KMKAX | Kinetics Market Oppo | PairCorr |
| 1.0 | KNPAX | Kinetics Paradigm | PairCorr |
Kinetics 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. Kinetics Paradigm's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kinetics Paradigm or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Kinetics Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Kinetics (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of April 2023 |
| Fiscal Year End | December |
Kinetics Paradigm Fund [KNPYX] is traded in USA and was established 19th of April 2024. Kinetics Paradigm is listed under Kinetics category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Kinetics family. This fund now has accumulated 711.35 M in assets with minimum initial investment of 1000 K. Kinetics Paradigm is currently producing year-to-date (YTD) return of 11.04%, while the total return for the last 3 years was 2.05%.
Check Kinetics Paradigm 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 Kinetics 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 Kinetics 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 Kinetics Paradigm Fund 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 Kinetics Paradigm Fund Mutual Fund Constituents
| FNV | Franco Nevada | Stock | Materials |
| LSXMA | Liberty Media | Stock | Communication Services |
| AC | Associated Capital Group | Stock | Financials |
| CACI | CACI International | Stock | Information Technology |
| GBTC | Grayscale Bitcoin Trust | Etf | Capital Markets |
| HHC | The Howard Hughes | Stock | Real Estate |
| IEP | Icahn Enterprises LP | Stock | Industrials |
Kinetics Paradigm Target Price Odds Analysis
Based on a normal probability distribution, the odds of Kinetics Paradigm jumping above the current price in 90 days from now is about 18.11%. The Kinetics Paradigm Fund probability density function shows the probability of Kinetics Paradigm mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Kinetics Paradigm Fund has a beta of -0.1309. This indicates as returns on the benchmark increase, returns on holding Kinetics Paradigm are expected to decrease at a much lower rate. During a bear market, however, Kinetics Paradigm Fund is likely to outperform the market. Additionally, kinetics Paradigm Fund has an alpha of 0.1705, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kinetics Paradigm to move above the current price in 90 days from now is about 18.11 (This Kinetics Paradigm Fund probability density function shows the probability of Kinetics Mutual Fund to fall within a particular range of prices over 90 days) .
Kinetics Paradigm Top Holders
| SMIFX | Sound Mind Investing | Mutual Fund | Allocation--85%+ Equity |
| SMILX | Smi Servative Allocation | Mutual Fund | Allocation--70% to 85% Equity |
Kinetics Paradigm Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kinetics Paradigm market risk premium is the additional return an investor will receive from holding Kinetics Paradigm 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 Kinetics Paradigm. 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 Kinetics Paradigm's alpha and beta are two of the key measurements used to evaluate Kinetics Paradigm's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.921 | |||
| Semi Deviation | 1.05 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 |
Kinetics Paradigm Against Markets
Picking the right benchmark for Kinetics Paradigm 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 Kinetics Paradigm 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 Kinetics Paradigm is critical whether you are bullish or bearish towards Kinetics Paradigm Fund at a given time. Please also check how Kinetics Paradigm'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 Kinetics Paradigm 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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| All Next | Launch Module |
How to buy Kinetics Mutual Fund?
Before investing in Kinetics Paradigm, 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 Kinetics Paradigm. To buy Kinetics Paradigm fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kinetics Paradigm. 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 Kinetics Paradigm fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kinetics Paradigm Fund 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 Kinetics Paradigm Fund 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 Kinetics Paradigm Fund, 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 Kinetics Paradigm Fund?
The danger of trading Kinetics Paradigm Fund 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 Kinetics Paradigm 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 Kinetics Paradigm. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kinetics Paradigm 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetics Paradigm Fund. 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 manufacturing. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.