Edgar Lomax Value Fund Quote
LOMAX Fund | USD 14.32 0.04 0.28% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Edgar Lomax is trading at 14.32 as of the 19th of April 2024; that is 0.28 percent up since the beginning of the trading day. The fund's open price was 14.28. Edgar Lomax has about a 20 % 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 Edgar Lomax Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests primarily in large, well-recognized companies. The advisor expects the funds portfolio to hold at least 20 percent of the stocks comprising the Standard Poors 100 Index, a capitalization-weighted index of 100 stocks from a broad range of industries. More on Edgar Lomax Value
Moving together with Edgar Mutual Fund
0.98 | VVIAX | Vanguard Value Index | PairCorr |
0.95 | DOXGX | Dodge Cox Stock | PairCorr |
0.94 | FFMMX | American Funds American | PairCorr |
0.94 | FFFMX | American Funds American | PairCorr |
0.95 | AMRMX | American Mutual | PairCorr |
0.94 | AMFFX | American Mutual | PairCorr |
Edgar 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. Edgar Lomax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Edgar Lomax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Edgar Lomax Funds, Large Value Funds, Large Value, Edgar Lomax (View all Sectors) |
Update Date | 31st of March 2024 |
Edgar Lomax Value [LOMAX] is traded in USA and was established 19th of April 2024. Edgar Lomax is listed under Edgar Lomax category by Fama And French industry classification. The fund is listed under Large Value category and is part of Edgar Lomax family. This fund now has accumulated 87.27 M in assets with minimum initial investment of 2.5 K. Edgar Lomax Value is currently producing year-to-date (YTD) return of 3.08% with the current yeild of 0.03%, while the total return for the last 3 years was 6.33%.
Check Edgar Lomax 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 Edgar 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 Edgar 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 Edgar Lomax Value 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 Edgar Lomax Value Mutual Fund Constituents
DOW | Dow Inc | Stock | Materials |
SO | Southern Company | Stock | Utilities |
KO | The Coca Cola | Stock | Consumer Staples |
XOM | Exxon Mobil Corp | Stock | Energy |
WBA | Walgreens Boots Alliance | Stock | Consumer Staples |
VZ | Verizon Communications | Stock | Communication Services |
TRPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund |
Edgar Lomax Target Price Odds Analysis
Based on a normal probability distribution, the odds of Edgar Lomax jumping above the current price in 90 days from now is about 51.14%. The Edgar Lomax Value probability density function shows the probability of Edgar Lomax mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Edgar Lomax has a beta of 0.8456. This indicates as returns on the market go up, Edgar Lomax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edgar Lomax Value will be expected to be much smaller as well. Additionally, edgar Lomax Value 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 Edgar Lomax to move above the current price in 90 days from now is about 51.14 (This Edgar Lomax Value probability density function shows the probability of Edgar Mutual Fund to fall within a particular range of prices over 90 days) .
Edgar Lomax Value Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Edgar Lomax market risk premium is the additional return an investor will receive from holding Edgar Lomax 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 Edgar Lomax. 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 Edgar Lomax's alpha and beta are two of the key measurements used to evaluate Edgar Lomax's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4594 | |||
Semi Deviation | 0.6265 | |||
Standard Deviation | 0.6269 | |||
Variance | 0.3929 |
Edgar Lomax Against Markets
Picking the right benchmark for Edgar Lomax 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 Edgar Lomax 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 Edgar Lomax is critical whether you are bullish or bearish towards Edgar Lomax Value at a given time. Please also check how Edgar Lomax'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 Edgar Lomax 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 Edgar Mutual Fund?
Before investing in Edgar Lomax, 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 Edgar Lomax. To buy Edgar Lomax fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Edgar Lomax. 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 Edgar Lomax fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Edgar Lomax Value 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 Edgar Lomax Value 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 Edgar Lomax Value, 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 Edgar Lomax Value?
The danger of trading Edgar Lomax Value 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 Edgar Lomax 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 Edgar Lomax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Edgar Lomax Value 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 Edgar Lomax Value. 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 Edgar Lomax Value information on this page should be used as a complementary analysis to other Edgar Lomax'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.