Smi Dynamic Allocation Fund Quote
| SMIDX Fund | USD 11.70 0.08 0.69% |
Performance5 of 100
| Odds Of DistressLess than 20
|
Smi Dynamic is trading at 11.70 as of the 24th of April 2024; that is 0.69% increase since the beginning of the trading day. The fund's open price was 11.62. Smi Dynamic 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 Smi Dynamic Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund indirectly will bear its proportionate share of all management fees and other expenses of the underlying funds in which it invests. Therefore, the SMI Dynamic Allocation Fund will incur higher expenses than other mutual funds that invest directly in securities. More on Smi Dynamic Allocation
Moving together with Smi Mutual Fund
| 0.95 | SMILX | Smi Servative Allocation | PairCorr |
| 0.96 | SMIFX | Sound Mind Investing | PairCorr |
| 0.92 | PAALX | All Asset Fund | PairCorr |
| 0.91 | PATRX | Pimco All Asset | PairCorr |
| 0.92 | PAAIX | All Asset Fund | PairCorr |
| 0.92 | PALPX | Pimco All Asset | PairCorr |
Smi 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. Smi Dynamic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smi Dynamic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | SMI Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, SMI Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Smi Dynamic Allocation [SMIDX] is traded in USA and was established 24th of April 2024. Smi Dynamic is listed under SMI Funds category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of SMI Funds family. This fund at this time has accumulated 86.41 M in assets with minimum initial investment of 500. Smi Dynamic Allocation is currently producing year-to-date (YTD) return of 0.78% with the current yeild of 0.0%, while the total return for the last 3 years was -1.37%.
Check Smi Dynamic 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 Smi 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 Smi 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 Smi Dynamic Allocation 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 Smi Dynamic Allocation Mutual Fund Constituents
| LQD | iShares iBoxx Investment | Etf | Corporate Bond |
| TLT | iShares 20 Year | Etf | Long Government |
| BLV | Vanguard Long Term Bond | Etf | Long-Term Bond |
| DGL | Invesco | Etf | US Etf |
| EEM | iShares MSCI Emerging | Etf | Diversified Emerging Mkts |
| EFA | iShares MSCI EAFE | Etf | Foreign Large Blend |
| GDX | VanEck Gold Miners | Etf | Equity Precious Metals |
Smi Dynamic Target Price Odds Analysis
Based on a normal probability distribution, the odds of Smi Dynamic jumping above the current price in 90 days from now is about 45.81%. The Smi Dynamic Allocation probability density function shows the probability of Smi Dynamic mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Smi Dynamic has a beta of 0.7109. This usually implies as returns on the market go up, Smi Dynamic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Smi Dynamic Allocation will be expected to be much smaller as well. Additionally, smi Dynamic Allocation 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 Smi Dynamic to move above the current price in 90 days from now is about 45.81 (This Smi Dynamic Allocation probability density function shows the probability of Smi Mutual Fund to fall within a particular range of prices over 90 days) .
Smi Dynamic Allocation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Smi Dynamic market risk premium is the additional return an investor will receive from holding Smi Dynamic 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 Smi Dynamic. 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 Smi Dynamic's alpha and beta are two of the key measurements used to evaluate Smi Dynamic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3785 | |||
| Semi Deviation | 0.3972 | |||
| Standard Deviation | 0.4912 | |||
| Variance | 0.2413 |
Smi Dynamic Against Markets
Picking the right benchmark for Smi Dynamic 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 Smi Dynamic 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 Smi Dynamic is critical whether you are bullish or bearish towards Smi Dynamic Allocation at a given time. Please also check how Smi Dynamic'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 Smi Dynamic 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 Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
How to buy Smi Mutual Fund?
Before investing in Smi Dynamic, 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 Smi Dynamic. To buy Smi Dynamic fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Smi Dynamic. 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 Smi Dynamic fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Smi Dynamic Allocation 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 Smi Dynamic Allocation 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 Smi Dynamic Allocation, 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 Smi Dynamic Allocation?
The danger of trading Smi Dynamic Allocation 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 Smi Dynamic 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 Smi Dynamic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smi Dynamic Allocation 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 Smi Dynamic Allocation. 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 unemployment. Note that the Smi Dynamic Allocation information on this page should be used as a complementary analysis to other Smi Dynamic'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.