Plumb Equity Fund Quote
| PLBEX Fund | USD 27.08 0.48 1.74% |
Performance3 of 100
| Odds Of DistressLess than 23
|
Plumb Equity is trading at 27.08 as of the 23rd of April 2024; that is -1.74 percent decrease since the beginning of the trading day. The fund's open price was 27.56. Plumb Equity has about a 23 % 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 Plumb Equity Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its assets, including borrowings for investment purposes, in common stocks and other equity securities, such as exchange-traded funds , options, preferred stocks and securities convertible into such equity securities. More on Plumb Equity Fund
Moving together with Plumb Mutual Fund
| 0.98 | PLBBX | Plumb Balanced | PairCorr |
| 0.98 | PLABX | Plumb Balanced | PairCorr |
| 1.0 | PLAEX | Plumb Equity | PairCorr |
| 0.98 | PLIBX | Plumb Balanced | PairCorr |
| 1.0 | PLIEX | Plumb Equity | PairCorr |
| 0.96 | FAFGX | American Funds | PairCorr |
Plumb 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. Plumb Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Plumb Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Plumb Funds, Large Growth Funds, Large Growth, Plumb Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Plumb Equity Fund [PLBEX] is traded in USA and was established 23rd of April 2024. Plumb Equity is listed under Plumb Funds category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Plumb Funds family. This fund at this time has accumulated 21.79 M in assets with no minimum investment requirementsPlumb Equity is currently producing year-to-date (YTD) return of 5.91%, while the total return for the last 3 years was 0.63%.
Check Plumb Equity 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 Plumb 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 Plumb 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 Plumb Equity 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 Plumb Equity Fund Mutual Fund Constituents
| TCEHY | Tencent Holdings Ltd | Pink Sheet | Internet Content & Information |
| ANSS | ANSYS Inc | Stock | Information Technology |
| FLT | Fleetcor Technologies | Stock | Financials |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| WEX | Wex Inc | Stock | Information Technology |
| V | Visa Class A | Stock | Financials |
| TYL | Tyler Technologies | Stock | Information Technology |
Plumb Equity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Plumb Equity jumping above the current price in 90 days from now is about 84.81%. The Plumb Equity Fund probability density function shows the probability of Plumb Equity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1731 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Plumb Equity will likely underperform. Additionally, plumb Equity Fund 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 Plumb Equity to move above the current price in 90 days from now is about 84.81 (This Plumb Equity Fund probability density function shows the probability of Plumb Mutual Fund to fall within a particular range of prices over 90 days) .
Plumb Equity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Plumb Equity market risk premium is the additional return an investor will receive from holding Plumb Equity 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 Plumb Equity. 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 Plumb Equity's alpha and beta are two of the key measurements used to evaluate Plumb Equity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7884 | |||
| Semi Deviation | 0.8507 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.03 |
Plumb Equity Against Markets
Picking the right benchmark for Plumb Equity 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 Plumb Equity 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 Plumb Equity is critical whether you are bullish or bearish towards Plumb Equity Fund at a given time. Please also check how Plumb Equity'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 Plumb Equity 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 Plumb Mutual Fund?
Before investing in Plumb Equity, 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 Plumb Equity. To buy Plumb Equity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Plumb Equity. 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 Plumb Equity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Plumb Equity 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 Plumb Equity 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 Plumb Equity 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 Plumb Equity Fund?
The danger of trading Plumb Equity 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 Plumb Equity 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 Plumb Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Plumb Equity 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumb Equity 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 income. Note that the Plumb Equity information on this page should be used as a complementary analysis to other Plumb Equity'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.