Cohen Steers Reit Fund Quote
| RNP Fund | USD 19.99 0.07 0.35% |
Performance3 of 100
| Odds Of DistressLess than 21
|
Cohen Steers is selling at 19.99 as of the 23rd of April 2024; that is 0.35 percent up since the beginning of the trading day. The fund's last reported lowest price was 19.78. Cohen Steers has about a 21 % 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 Cohen Steers Reit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Cohen Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen Steers Inc. Cohen Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States. Cohen Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 47.59 M outstanding shares of which 83.42 K shares are at this time shorted by investors with about 0.5 days to cover. More on Cohen Steers Reit
Moving together with Cohen Fund
| 0.77 | ETO | Eaton Vance Tax | PairCorr |
Cohen 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. Cohen Steers' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cohen Steers or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Adam Derechin |
| Old Name | Royalty North Partners Ltd |
| Fund Concentration | Allocation--50% to 70% Equity Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Cohen Steers Reit [RNP] is traded in USA and was established 23rd of April 2024. The fund is not categorized under any group at the present time. Cohen Steers Reit at this time has in assets with no minimum investment requirementsThe fund is currently generating return of 2.26% with the current yeild of 0.01%, while the total return for the last 3 years was -0.67%.
Cohen Steers Reit has about 1.26 M in cash with 50.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Cohen Steers Probability Of Bankruptcy
Cohen Steers Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Cohen Steers jumping above the current price in 90 days from now is about 54.15%. The Cohen Steers Reit probability density function shows the probability of Cohen Steers fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the fund has a beta coefficient of 1.206 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, Cohen Steers will likely underperform. Additionally, cohen Steers Reit 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 Cohen Steers to move above the current price in 90 days from now is about 54.15 (This Cohen Steers Reit probability density function shows the probability of Cohen Fund to fall within a particular range of prices over 90 days) .
Cohen Steers Top Holders
| FCEF | First Trust Income | Etf | Global Allocation |
| TMLDX | Thrivent Multidimensional Income | Mutual Fund | Multisector Bond |
Cohen Steers Reit Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cohen Steers market risk premium is the additional return an investor will receive from holding Cohen Steers 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 Cohen Steers. 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 Cohen Steers' alpha and beta are two of the key measurements used to evaluate Cohen Steers' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0436 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) |
Cohen Steers Against Markets
Picking the right benchmark for Cohen Steers 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 Cohen Steers 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 Cohen Steers is critical whether you are bullish or bearish towards Cohen Steers Reit at a given time. Please also check how Cohen Steers' 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 Cohen Steers 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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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
How to buy Cohen Fund?
Before investing in Cohen Steers, 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 Cohen Steers. To buy Cohen Steers fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cohen Steers. 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 Cohen Steers fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cohen Steers Reit 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 Cohen Steers Reit 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 Cohen Steers Reit, 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 Cohen Steers Reit?
The danger of trading Cohen Steers Reit is mainly related to its market volatility and 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 Cohen Steers 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 Cohen Steers. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cohen Steers Reit 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 Cohen Steers Reit. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Cohen Fund, please use our How to Invest in Cohen Steers guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.