Collecting data for SIRRX

Sierra Core Retirement R





Last 1 Month(s)
10 Days Price Trend
Highest Price  
Lowest Price  
June 4, 2015 
June 30, 2015 

Sierra Market Sensitivity

As returns on market increase, returns on owning Sierra are expected to decrease at a much smaller rate. During bear market, Sierra is likely to outperform the market.

Sierra Core Retirement R Risk Profiles

Mean Deviation0.1039
Standard Deviation0.2049
Risk Adjusted Performance(0.20)
NameSierra Core Retirement R
InstrumentUSA Fund
SectorSierra Trust
IndustryMultisector Bond
Contact Number866 738 4363
Risk-adjusted AdviceBuy Fairly Valued
CurrencyUSD - US Dollar
ExchangeNASDAQ Stock Exchange
Net Asset545.43 M
Last Dividend Paid0.21

Sierra agains markets

 United States NYSE   0.05 % Macroaxis: 0.0537 Moved Up  
 thisGreen SIRRX SIRRX agains markets  0.00 % No Change  
 United States SP 500   0.03 % Macroaxis: 0.03 Moved Down  
 United States Nasdaq   0.08 % Macroaxis: 0.08 Moved Down  
 United States Russel   0.65 % Macroaxis: 0.6477 Moved Down  
Compare to Competition   Compare Correlations
David Wright  Money Manager
Fund Manager since December 24, 2007
Mr. Wright JD is managing principal and portfolio manager of the Wright Fund Management LLC. David C. Wright holds degrees in civil engineering and law. After 13 years with major Los Angeles law firms Mr. ...

Sierra Diversification Suggestion

Use Sierra to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Sierra to be traded at $22.39 in 30 days

Sierra Daily Price Distribution

The median price of Sierra for the period between Fri, Jun 5, 2015 and Sun, Jul 5, 2015 is 22.82 with a coefficient of variation of 0.38. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 22.79, and mean deviation of 0.06. The Fund did not receive any noticable media coverage during the period.

Sierra Summary

Sierra Core Retirement R [SIRRX] is traded in USA and was established in December 24, 2007. The fund is listed under Multisector Bond category and is part of Sierra Trust family. This fund at this time has accumulated 545.43 M in assets with minimum initial investment of 100 K. Sierra Core Retirement R is currently producing year-to-date (YTD) return of 0.28% with the current yeild of 2.55%, while the total return for the last 3 years was 13.95%.

Fund Instrument Allocation for Sierra

Benchmark  Embed   Instrument Type 
Past Market
Performance (0 to 100)
Chance of

Sierra Alerts

Sierra generates negative expected return over the last 30 days
The fund maintains about 13.99% of its assets in cash

Sierra Research Report

Get Sierra research report. Reports are available in pdf format and contain fundamental information about the equity. Click Generate Sierra report to view

Sierra Pair Trading Analysis

Correlation analysis and pair trading evaluation for Sierra and PIMCO Income Instl. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run pair correlation  

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Macroaxis investing theme could easily outperform a given market if properly optimized
Explore Investing Ideas  

Sierra Asset Under Management

Sierra Core Retirement R is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Multisector Bond category is currently estimated at about 394.99 Billion. Sierra adds roughly 545.43 Million in net asset claiming only tiny portion of funds under Multisector Bond category.

Sierra Fundamentals Correlation

Cash Position Weight vs One Year Return
Holdings Turnover vs Equity Positions Weight
Cash Position Weight vs Price to Sales

Sierra vs Competition

Sierra vs. PIMCO Income Instl
Sierra vs. PIMCO Income P
Sierra vs. PIMCO Income C
Sierra vs. PIMCO Income Adm
Sierra vs. PIMCO Income D
Sierra vs. PIMCO Income R
Sierra vs. PIMCO Income A
Sierra vs. Loomis Sayles Bond Retail
Sierra vs. Loomis Sayles Bond Admin
Sierra vs. Loomis Sayles Bond Instl

Sierra July 5, 2015 Opportunity Range

Information Ratio0.0107
Maximum Drawdown1.01
Value At Risk(0.22)