Selected American Shares Fund Quote
| SLASX Fund | USD 42.61 0.44 1.04% |
Performance12 of 100
| Odds Of DistressLess than 17
|
Selected American is trading at 42.61 as of the 23rd of April 2024; that is 1.04 percent up since the beginning of the trading day. The fund's open price was 42.17. Selected American 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 Selected American Shares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets, plus any borrowing for investment purposes, in securities issued by American companies. It invests principally in common stocks issued by large companies with market capitalizations of at least 10 billion. More on Selected American Shares
Moving together with Selected Mutual Fund
| 1.0 | SLADX | Selected American Shares | PairCorr |
| 0.94 | SLSSX | Selected International | PairCorr |
| 0.94 | SLSDX | Selected International Steady Growth | PairCorr |
| 0.95 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.96 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.95 | VTSMX | Vanguard Total Stock | PairCorr |
Selected 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. Selected American's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Selected American or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Selected Funds, Large Value Funds, Large Blend Funds, Large Blend, Selected Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Selected American Shares [SLASX] is traded in USA and was established 23rd of April 2024. Selected American is listed under Selected Funds category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Selected Funds family. This fund at this time has accumulated 1.59 B in assets with no minimum investment requirementsSelected American Shares is currently producing year-to-date (YTD) return of 9.16% with the current yeild of 0.01%, while the total return for the last 3 years was 4.38%.
Check Selected American 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 Selected 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 Selected 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 Selected American Shares 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 Selected American Shares Mutual Fund Constituents
| FB | Meta Platforms | Stock | Internet Content & Information |
| WFC | Wells Fargo | Stock | Financials |
| USB | US Bancorp | Stock | Financials |
| RTX | Raytheon Technologies Corp | Stock | Industrials |
| JPM | JPMorgan Chase Co | Stock | Financials |
| INTC | Intel | Stock | Information Technology |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Selected American Target Price Odds Analysis
Based on a normal probability distribution, the odds of Selected American jumping above the current price in 90 days from now is about 18.92%. The Selected American Shares probability density function shows the probability of Selected American 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 1.0578. This usually implies Selected American Shares market returns are sensitive to returns on the market. As the market goes up or down, Selected American is expected to follow. Additionally, selected American Shares has an alpha of 0.084, implying that it can generate a 0.084 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Selected American to move above the current price in 90 days from now is about 18.92 (This Selected American Shares probability density function shows the probability of Selected Mutual Fund to fall within a particular range of prices over 90 days) .
Selected American Shares Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Selected American market risk premium is the additional return an investor will receive from holding Selected American 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 Selected American. 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 Selected American's alpha and beta are two of the key measurements used to evaluate Selected American's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6459 | |||
| Semi Deviation | 0.5528 | |||
| Standard Deviation | 0.8419 | |||
| Variance | 0.7088 |
Selected American Against Markets
Picking the right benchmark for Selected American 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 Selected American 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 Selected American is critical whether you are bullish or bearish towards Selected American Shares at a given time. Please also check how Selected American'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 Selected American 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?
Run Portfolio Anywhere Now
Portfolio AnywhereTrack or share privately all of your investments from the convenience of any device |
| All Next | Launch Module |
How to buy Selected Mutual Fund?
Before investing in Selected American, 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 Selected American. To buy Selected American fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Selected American. 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 Selected American fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Selected American Shares 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 Selected American Shares 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 Selected American Shares, 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 Selected American Shares?
The danger of trading Selected American Shares 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 Selected American 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 Selected American. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Selected American Shares 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Selected American Shares. 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 state. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.