Guinness Atkinson Alternative Fund Quote
| GAAEX Fund | USD 5.30 0.06 1.15% |
Performance2 of 100
| Odds Of DistressLess than 21
|
Guinness Atkinson is trading at 5.30 as of the 23rd of April 2024; that is 1.15% increase since the beginning of the trading day. The fund's open price was 5.24. Guinness Atkinson has about a 21 % 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 Guinness Atkinson Alternative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in publicly-traded equity securities of alternative energy companies . The Advisor will invest the funds assets in securities of all market capitalization companies, but under normal market conditions, it will invest in companies with a minimum market capitalization of 500 milllion. More on Guinness Atkinson Alternative
Moving together with Guinness Mutual Fund
| 0.61 | GAGEX | Guinness Atkinson Global | PairCorr |
| 0.94 | FSWFX | American Funds Smallcap | PairCorr |
| 0.94 | FSFWX | American Funds Smallcap | PairCorr |
| 0.93 | SCWCX | American Fds Smallcap | PairCorr |
| 0.94 | SCWFX | Smallcap World | PairCorr |
| 0.94 | SMCWX | Smallcap World | PairCorr |
Guinness 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. Guinness Atkinson's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Guinness Atkinson or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Guinness Atkinson Funds, Large Funds, World Small/Mid Stock Funds, World Small/Mid Stock, Guinness Atkinson (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Guinness Atkinson Alternative [GAAEX] is traded in USA and was established 23rd of April 2024. Guinness Atkinson is listed under Guinness Atkinson category by Fama And French industry classification. The fund is listed under World Small/Mid Stock category and is part of Guinness Atkinson family. Guinness Atkinson currently has accumulated 33.68 M in assets under management (AUM) with minimum initial investment of 5 K. , while the total return for the last 3 years was -6.01%.
Check Guinness Atkinson 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 Guinness 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 Guinness 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 Guinness Atkinson Alternative 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 Guinness Atkinson Alternative Mutual Fund Constituents
| SPWR | SunPower | Stock | Information Technology |
| BRLXF | Boralex | Pink Sheet | Utilities |
| CLPXF | China Longyuan Power | Pink Sheet | Utilities—Renewable |
| AYI | Acuity Brands | Stock | Industrials |
| THRM | Gentherm | Stock | Consumer Discretionary |
| ST | Sensata Technologies Holding | Stock | Industrials |
| ORA | Ormat Technologies | Stock | Utilities |
Guinness Atkinson Target Price Odds Analysis
Based on a normal probability distribution, the odds of Guinness Atkinson jumping above the current price in 90 days from now is about 79.17%. The Guinness Atkinson Alternative probability density function shows the probability of Guinness Atkinson 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 1.4937. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Guinness Atkinson will likely underperform. Additionally, guinness Atkinson Alternative 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 Guinness Atkinson to move above the current price in 90 days from now is about 79.17 (This Guinness Atkinson Alternative probability density function shows the probability of Guinness Mutual Fund to fall within a particular range of prices over 90 days) .
Guinness Atkinson Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Guinness Atkinson market risk premium is the additional return an investor will receive from holding Guinness Atkinson 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 Guinness Atkinson. 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 Guinness Atkinson's alpha and beta are two of the key measurements used to evaluate Guinness Atkinson's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8673 | |||
| Semi Deviation | 1.09 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.23 |
Guinness Atkinson Against Markets
Picking the right benchmark for Guinness Atkinson 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 Guinness Atkinson 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 Guinness Atkinson is critical whether you are bullish or bearish towards Guinness Atkinson Alternative at a given time. Please also check how Guinness Atkinson'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 Guinness Atkinson 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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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Guinness Mutual Fund?
Before investing in Guinness Atkinson, 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 Guinness Atkinson. To buy Guinness Atkinson fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Guinness Atkinson. 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 Guinness Atkinson fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Guinness Atkinson Alternative 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 Guinness Atkinson Alternative 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 Guinness Atkinson Alternative, 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 Guinness Atkinson Alternative?
The danger of trading Guinness Atkinson Alternative 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 Guinness Atkinson 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 Guinness Atkinson. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Guinness Atkinson 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guinness Atkinson Alternative. 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 income. Note that the Guinness Atkinson information on this page should be used as a complementary analysis to other Guinness Atkinson'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.