Ivy Asset Strategy Fund Quote
| WASCX Fund | USD 19.10 0.01 0.05% |
Performance8 of 100
| Odds Of DistressLess than 19
|
Ivy Asset is trading at 19.10 as of the 25th of April 2024; that is -0.05 percent decrease since the beginning of the trading day. The fund's open price was 19.11. Ivy Asset has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Ivy Asset Strategy 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 fund seeks to achieve its objective by allocating its assets among different asset classes of varying correlation around the globe. The funds investment manager primarily invests a portion of the funds assets in global equity securities that the manager believes can outperform the funds benchmark index, the MSCI ACWI Index, over a full market cycle before taking into account fund expenses .. More on Ivy Asset Strategy
Moving together with Ivy Mutual Fund
| 0.88 | ILGRX | Ivy Large Cap | PairCorr |
| 0.87 | WRGCX | Ivy Small Cap | PairCorr |
| 0.84 | WRHIX | Ivy High Income | PairCorr |
| 0.83 | IMACX | Ivy Apollo Multi | PairCorr |
| 0.85 | IMAIX | Ivy Apollo Multi | PairCorr |
| 0.84 | IMAYX | Ivy Apollo Multi | PairCorr |
| 0.88 | WSCYX | Ivy Small Cap | PairCorr |
Ivy 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. Ivy Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ivy Asset or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Ivy Funds, Large Growth Funds, World Allocation Funds, World Allocation, Ivy Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
Ivy Asset Strategy [WASCX] is traded in USA and was established 25th of April 2024. Ivy Asset is listed under Ivy Funds category by Fama And French industry classification. The fund is listed under World Allocation category and is part of Ivy Funds family. This fund at this time has accumulated 3.13 B in net assets with no minimum investment requirementsIvy Asset Strategy is currently producing year-to-date (YTD) return of 3.74% with the current yeild of 0.03%, while the total return for the last 3 years was 2.92%.
Check Ivy Asset 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 Ivy 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 Ivy 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 Ivy Asset Strategy 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 Ivy Asset Strategy Mutual Fund Constituents
| JPM | JPMorgan Chase Co | Stock | Financials |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| FWONK | Liberty Media | Stock | Communication Services |
| PFE | Pfizer Inc | Stock | Health Care |
| KHC | Kraft Heinz Co | Stock | Consumer Staples |
| C | Citigroup | Stock | Financials |
| KO | The Coca Cola | Stock | Consumer Staples |
Ivy Asset Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ivy Asset jumping above the current price in 90 days from now is about 42.62%. The Ivy Asset Strategy probability density function shows the probability of Ivy Asset mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ivy Asset has a beta of 0.7614. This entails as returns on the market go up, Ivy Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ivy Asset Strategy will be expected to be much smaller as well. Additionally, ivy Asset Strategy has an alpha of 0.0058, implying that it can generate a 0.00582 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ivy Asset to move above the current price in 90 days from now is about 42.62 (This Ivy Asset Strategy probability density function shows the probability of Ivy Mutual Fund to fall within a particular range of prices over 90 days) .
Ivy Asset Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ivy Asset market risk premium is the additional return an investor will receive from holding Ivy Asset 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 Ivy Asset. 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 Ivy Asset's alpha and beta are two of the key measurements used to evaluate Ivy Asset's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4417 | |||
| Semi Deviation | 0.489 | |||
| Standard Deviation | 0.6079 | |||
| Variance | 0.3696 |
Ivy Asset Against Markets
Picking the right benchmark for Ivy Asset 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 Ivy Asset 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 Ivy Asset is critical whether you are bullish or bearish towards Ivy Asset Strategy at a given time. Please also check how Ivy Asset'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 Ivy Asset 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 Ivy Mutual Fund?
Before investing in Ivy Asset, 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 Ivy Asset. To buy Ivy Asset fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ivy Asset. 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 Ivy Asset fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ivy Asset Strategy 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 Ivy Asset Strategy 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 Ivy Asset Strategy, 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 Ivy Asset Strategy?
The danger of trading Ivy Asset Strategy 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 Ivy Asset 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 Ivy Asset. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ivy Asset Strategy 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ivy Asset Strategy. 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 main economic indicators. Note that the Ivy Asset Strategy information on this page should be used as a complementary analysis to other Ivy Asset'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.