CHKFX Mutual Fund Quote

Mutual Funds . USA . 
Fund . CHKFX
CHKFX Fund   10.00  0.01  0.10%   

Market Performance

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CHKFX is trading at 10.00 as of the 30th of March 2023; that is 0.10 percent increase since the beginning of the trading day. The fund's open price was 9.99. CHKFX has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CHKFX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2023 and ending today, the 30th of March 2023. Click here to learn more.

CHKFX 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. CHKFX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CHKFX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of CHKFX's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldNot valued

CHKFX Target Price Odds Analysis

Based on a normal probability distribution, the odds of CHKFX jumping above the current price in 90 days from now is about 35.89%. The CHKFX probability density function shows the probability of CHKFX mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon CHKFX has a beta of 0.0365 suggesting as returns on the market go up, CHKFX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CHKFX will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0077, implying that it can generate a 0.007744 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.0HorizonTargetOdds Above 10.0
62.96%90 days
 10.00 
35.89%
Based on a normal probability distribution, the odds of CHKFX to move above the current price in 90 days from now is about 35.89 (This CHKFX probability density function shows the probability of CHKFX Mutual Fund to fall within a particular range of prices over 90 days) .

CHKFX Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CHKFX market risk premium is the additional return an investor will receive from holding CHKFX 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 CHKFX. 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 CHKFX's alpha and beta are two of the key measurements used to evaluate CHKFX's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation0.1229
Semi Deviation0.0717
Standard Deviation0.1666
Variance0.0277

CHKFX Against Markets

Picking the right benchmark for CHKFX 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 CHKFX 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 CHKFX is critical whether you are bullish or bearish towards CHKFX at a given time.
 Competition   Compare Correlations

CHKFX Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CHKFX mutual fund to make a market-neutral strategy. Peer analysis of CHKFX could also be used in its relative valuation, which is a method of valuing CHKFX by comparing valuation metrics with similar companies.
AQR RISK PARITYPGIM ESG HighPACE High YieldAB High YieldANGEL OAK HIGHAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron CorpHome DepotInternational Business
 Risk & Return  Correlation

How to buy CHKFX Mutual Fund?

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

The danger of trading CHKFX 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 CHKFX 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 CHKFX. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CHKFX 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 Trending Equities. Note that the CHKFX information on this page should be used as a complementary analysis to other CHKFX'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for CHKFX Mutual Fund analysis

When running CHKFX price analysis, check to measure CHKFX'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 CHKFX is operating at the current time. Most of CHKFX's value examination focuses on studying past and present price action to predict the probability of CHKFX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CHKFX's price. Additionally, you may evaluate how the addition of CHKFX to your portfolios can decrease your overall portfolio volatility.
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