Westcore Orado Tax Exempt Fund Quote

WICOX Fund  USD 10.51  0.04  0.38%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 44

 
100  
 
Zero
Below Average
Westcore Orado is trading at 10.51 as of the 28th of March 2024; that is -0.38% down since the beginning of the trading day. The fund's open price was 10.55. Westcore Orado has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Westcore Orado Tax Exempt are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of October 2022 and ending today, the 28th of March 2024. Click here to learn more.
The fund will invest at least eighty percent of the value of its net assets, plus any borrowings for investment purposes, in securities, the income from which is exempt from both federal and Colorado state income tax. It focuses primarily on investment-grade quality municipal bonds that are rated in one of the three highest investment-grade categories at the time of purchase by one or more nationally recognized rating agencies such as Moodys or Standard Poors. More on Westcore Orado Tax Exempt

Moving together with Westcore Mutual Fund

  0.7USG USCF Gold Strategy Symbol ChangePairCorr
  0.61WIMVX Westcore Global Large-capPairCorr
  0.65WILTX Westcore Flexible IncomePairCorr
  0.92WITAX Westcore MunicipalPairCorr

Westcore 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. Westcore Orado's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westcore Orado or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationSegall Bryant & Hamill Funds, Large Funds, Muni Single State Interm Funds, Muni Single State Interm, Segall Bryant & Hamill (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of May 2023
Fiscal Year EndDecember
Westcore Orado Tax Exempt [WICOX] is traded in USA and was established 28th of March 2024. Westcore Orado is listed under Segall Bryant & Hamill category by Fama And French industry classification. The fund is listed under Muni Single State Interm category and is part of Segall Bryant & Hamill family. This fund at this time has accumulated 407.41 M in net assets with minimum initial investment of 250 K. Westcore Orado Tax-exempt is currently producing year-to-date (YTD) return of 0.37% with the current yeild of 0.0%, while the total return for the last 3 years was -1.1%.
Check Westcore Orado Probability Of Bankruptcy

Instrument Allocation

Westcore Orado Target Price Odds Analysis

Based on a normal probability distribution, the odds of Westcore Orado jumping above the current price in 90 days from now is about 50.0%. The Westcore Orado Tax Exempt probability density function shows the probability of Westcore Orado mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Westcore Orado Tax Exempt has a beta of -0.0573. This entails as returns on benchmark increase, returns on holding Westcore Orado are expected to decrease at a much lower rate. During the bear market, however, Westcore Orado Tax Exempt is likely to outperform the market. Additionally, westcore Orado Tax Exempt has an alpha of 1.0E-4, implying that it can generate a 9.3E-5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.51HorizonTargetOdds Above 10.51
47.13%90 days
 10.51 
50.00%
Based on a normal probability distribution, the odds of Westcore Orado to move above the current price in 90 days from now is about 50.0 (This Westcore Orado Tax Exempt probability density function shows the probability of Westcore Mutual Fund to fall within a particular range of prices over 90 days) .

Westcore Orado Tax-exempt Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Westcore Orado market risk premium is the additional return an investor will receive from holding Westcore Orado 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 Westcore Orado. 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 Westcore Orado's alpha and beta are two of the key measurements used to evaluate Westcore Orado's performance over the market, the standard measures of volatility play an important role as well.

Westcore Orado Against Markets

Picking the right benchmark for Westcore Orado 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 Westcore Orado 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 Westcore Orado is critical whether you are bullish or bearish towards Westcore Orado Tax Exempt at a given time. Please also check how Westcore Orado'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 Westcore Orado 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.

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How to buy Westcore Mutual Fund?

Before investing in Westcore Orado, 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 Westcore Orado. To buy Westcore Orado fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westcore Orado. 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 Westcore Orado fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Westcore Orado Tax Exempt 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 Westcore Orado Tax Exempt 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 Westcore Orado Tax Exempt, 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 Westcore Orado Tax Exempt?

The danger of trading Westcore Orado Tax Exempt 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 Westcore Orado 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 Westcore Orado. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westcore Orado Tax-exempt 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 Westcore Orado Tax Exempt. 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 persons.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Westcore Mutual Fund analysis

When running Westcore Orado's price analysis, check to measure Westcore Orado's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westcore Orado is operating at the current time. Most of Westcore Orado's value examination focuses on studying past and present price action to predict the probability of Westcore Orado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westcore Orado's price. Additionally, you may evaluate how the addition of Westcore Orado to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Westcore Orado's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westcore Orado is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westcore Orado's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.