Ontrack E Fund Quote
| OTRGX Fund | USD 56.12 0.02 0.04% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Ontrack E is trading at 56.12 as of the 19th of April 2024; that is 0.04 percent up since the beginning of the trading day. The fund's open price was 56.1. Ontrack E 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 Ontrack E Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The sub-adviser seeks to achieve the funds investment objective by investing long-or-short primarily in stocks, bonds and commodities using the sub-advisers technical and risk control strategies. The fund may invest 100 percent of its assets in ETFs and or mutual funds. More on Ontrack E Fund
Moving together with Ontrack Mutual Fund
| 0.65 | SAPEX | Spectrum Advisors | PairCorr |
| 0.97 | OTRFX | Ontrack E Fund | PairCorr |
| 0.89 | QMLAX | Quantified Market Leaders | PairCorr |
| 0.89 | QMLFX | Quantified Market Leaders | PairCorr |
| 0.78 | SVARX | Spectrum Low Volatility | PairCorr |
Ontrack 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. Ontrack E's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ontrack E or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Advisors Preferred Funds, Large Funds, Macro Trading Funds, Macro Trading, Advisors Preferred (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Ontrack E Fund [OTRGX] is traded in USA and was established 19th of April 2024. Ontrack E is listed under Advisors Preferred category by Fama And French industry classification. The fund is listed under Macro Trading category and is part of Advisors Preferred family. This fund now has accumulated 74.01 M in assets with no minimum investment requirementsOntrack E Fund is currently producing year-to-date (YTD) return of 0.16%, while the total return for the last 3 years was -0.05%.
Check Ontrack E 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 Ontrack 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 Ontrack 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 Ontrack E 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 Ontrack E Fund Mutual Fund Constituents
| HYT | Blackrock Corporate High | Fund | Asset Management |
| PHYSX | Pia High Yield | Mutual Fund | High Yield Bond |
| HYD | VanEck High Yield | Etf | High Yield Muni |
| JNK | SPDR Bloomberg High | Etf | High Yield Bond |
| IWM | iShares Russell 2000 | Etf | Small Blend |
| HRSTX | Rational Real Strategies | Mutual Fund | Options Trading |
| EIXIX | Catalyst Enhanced Income | Mutual Fund | Nontraditional Bond |
Ontrack E Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ontrack E jumping above the current price in 90 days from now is about 82.43%. The Ontrack E Fund probability density function shows the probability of Ontrack E mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ontrack E has a beta of 0.1834. This indicates as returns on the market go up, Ontrack E average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ontrack E Fund will be expected to be much smaller as well. Additionally, ontrack E Fund 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 Ontrack E to move above the current price in 90 days from now is about 82.43 (This Ontrack E Fund probability density function shows the probability of Ontrack Mutual Fund to fall within a particular range of prices over 90 days) .
Ontrack E Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ontrack E market risk premium is the additional return an investor will receive from holding Ontrack E 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 Ontrack E. 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 Ontrack E's alpha and beta are two of the key measurements used to evaluate Ontrack E's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.117 | |||
| Semi Deviation | 0.2085 | |||
| Standard Deviation | 0.1803 | |||
| Variance | 0.0325 |
Ontrack E Against Markets
Picking the right benchmark for Ontrack E 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 Ontrack E 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 Ontrack E is critical whether you are bullish or bearish towards Ontrack E Fund at a given time. Please also check how Ontrack E'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 Ontrack E 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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| All Next | Launch Module |
How to buy Ontrack Mutual Fund?
Before investing in Ontrack E, 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 Ontrack E. To buy Ontrack E fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ontrack E. 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 Ontrack E fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ontrack E 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 Ontrack E 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 Ontrack E 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 Ontrack E Fund?
The danger of trading Ontrack E 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 Ontrack E 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 Ontrack E. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ontrack E 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ontrack E 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 price. Note that the Ontrack E Fund information on this page should be used as a complementary analysis to other Ontrack E'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.