Sound Shore Fund Quote
| SSHFX Fund | USD 44.51 0.09 0.20% |
Performance19 of 100
| Odds Of DistressLess than 16
|
Sound Shore is trading at 44.51 as of the 25th of April 2024; that is 0.20 percent increase since the beginning of the trading day. The fund's open price was 44.42. Sound Shore has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Sound Shore Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
The funds Adviser seeks to meet the funds investment objective of growth of capital by employing a value investment strategy to its selection of predominantly Large Cap and Mid Cap common stocks for the portfolio. The investment strategy is built upon three components Disciplined Approach, Risk Aversion and Long-Term Orientation. More on Sound Shore Fund
Moving together with Sound Mutual Fund
| 1.0 | SSHVX | Sound Shore Fund | PairCorr |
| 0.98 | VVIAX | Vanguard Value Index | PairCorr |
| 0.92 | DOXGX | Dodge Cox Stock | PairCorr |
| 0.95 | FFMMX | American Funds American | PairCorr |
| 0.95 | FFFMX | American Funds American | PairCorr |
| 0.95 | AMRMX | American Mutual | PairCorr |
Sound 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. Sound Shore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sound Shore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Sound Shore Funds, Large Value Funds, Large Value, Sound Shore, Large, Large Value (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Sound Shore Fund [SSHFX] is traded in USA and was established 25th of April 2024. Sound Shore is listed under Sound Shore category by Fama And French industry classification. The fund is listed under Large Value category and is part of Sound Shore family. This fund at this time has accumulated 892.36 M in assets with no minimum investment requirementsSound Shore Fund is currently producing year-to-date (YTD) return of 11.16% with the current yeild of 0.01%, while the total return for the last 3 years was 7.85%.
Check Sound Shore 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 Sound 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 Sound 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 Sound Shore 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 Sound Shore Fund Mutual Fund Constituents
| ST | Sensata Technologies Holding | Stock | Industrials |
| MDLZ | Mondelez International | Stock | Consumer Staples |
| FLEX | Flex | Stock | Information Technology |
| HPE | Hewlett Packard Enterprise | Stock | Information Technology |
| C | Citigroup | Stock | Financials |
| AMAT | Applied Materials | Stock | Information Technology |
| WMT | Walmart | Stock | Consumer Staples |
Sound Shore Target Price Odds Analysis
Based on a normal probability distribution, the odds of Sound Shore jumping above the current price in 90 days from now is about 21.88%. The Sound Shore Fund probability density function shows the probability of Sound Shore 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 1.0449. This usually implies Sound Shore Fund market returns are sensitive to returns on the market. As the market goes up or down, Sound Shore is expected to follow. Additionally, sound Shore Fund has an alpha of 0.0952, implying that it can generate a 0.0952 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sound Shore to move above the current price in 90 days from now is about 21.88 (This Sound Shore Fund probability density function shows the probability of Sound Mutual Fund to fall within a particular range of prices over 90 days) .
Sound Shore Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sound Shore market risk premium is the additional return an investor will receive from holding Sound Shore 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 Sound Shore. 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 Sound Shore's alpha and beta are two of the key measurements used to evaluate Sound Shore's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5505 | |||
| Semi Deviation | 0.4869 | |||
| Standard Deviation | 0.7061 | |||
| Variance | 0.4985 |
Sound Shore Against Markets
Picking the right benchmark for Sound Shore 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 Sound Shore 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 Sound Shore is critical whether you are bullish or bearish towards Sound Shore Fund at a given time. Please also check how Sound Shore'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 Sound Shore 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 Sound Mutual Fund?
Before investing in Sound Shore, 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 Sound Shore. To buy Sound Shore fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sound Shore. 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 Sound Shore fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sound Shore 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 Sound Shore 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 Sound Shore 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 Sound Shore Fund?
The danger of trading Sound Shore 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 Sound Shore 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 Sound Shore. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sound Shore Fund 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 Sound Shore 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 census. Note that the Sound Shore Fund information on this page should be used as a complementary analysis to other Sound Shore'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.