Power Income Fund Quote
| PWRCX Fund | USD 8.66 0.01 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Power Income is trading at 8.66 as of the 23rd of April 2024; that is -0.12 percent down since the beginning of the trading day. The fund's open price was 8.67. Power Income has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Power Income Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests in income-producing fixed income and alternative strategy exchange-traded funds . Fixed income ETFs may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. More on Power Income Fund
Moving together with Power Mutual Fund
| 0.99 | PWRAX | Power Me Fund | PairCorr |
| 0.99 | PWRIX | Power Me Fund | PairCorr |
Power 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. Power Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Power Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Donoghue Forlines LLC Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Donoghue Forlines LLC (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of October 2022 |
| Fiscal Year End | June |
Power Income Fund [PWRCX] is traded in USA and was established 23rd of April 2024. Power Income is listed under Donoghue Forlines LLC category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Donoghue Forlines LLC family. This fund at this time has accumulated 40.57 M in assets with no minimum investment requirementsPower Me Fund is currently producing year-to-date (YTD) return of 0.46% with the current yeild of 0.03%, while the total return for the last 3 years was -1.31%.
Check Power Income 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 Power 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 Power 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 Power Income 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 Power Income Fund Mutual Fund Constituents
| SJNK | SPDR Bloomberg Short | Etf | High Yield Bond |
| KHYIX | Deutsche High Income | Mutual Fund | High Yield Bond |
| AGDYX | Ab High Income | Mutual Fund | High Yield Bond |
| BAR | GraniteShares Gold Trust | Etf | Commodities Focused |
| DGRO | iShares Core Dividend | Etf | Large Value |
| REM | iShares Mortgage Real | Etf | Real Estate |
| DVYE | iShares Emerging Markets | Etf | Diversified Emerging Mkts |
Power Income Target Price Odds Analysis
Based on a normal probability distribution, the odds of Power Income jumping above the current price in 90 days from now is over 95.97%. The Power Income Fund probability density function shows the probability of Power Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Power Income has a beta of 0.1877 indicating as returns on the market go up, Power Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Power Income Fund will be expected to be much smaller as well. Additionally, power Income 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 Power Income to move above the current price in 90 days from now is over 95.97 (This Power Income Fund probability density function shows the probability of Power Mutual Fund to fall within a particular range of prices over 90 days) .
Power Me Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Power Income market risk premium is the additional return an investor will receive from holding Power Income 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 Power Income. 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 Power Income's alpha and beta are two of the key measurements used to evaluate Power Income's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1364 | |||
| Standard Deviation | 0.2024 | |||
| Variance | 0.0409 | |||
| Risk Adjusted Performance | (0.03) |
Power Income Against Markets
Picking the right benchmark for Power Income 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 Power Income 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 Power Income is critical whether you are bullish or bearish towards Power Income Fund at a given time. Please also check how Power Income'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 Power Income 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 Power Mutual Fund?
Before investing in Power Income, 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 Power Income. To buy Power Income fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Power Income. 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 Power Income fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Power Income 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 Power Income 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 Power Income 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 Power Income Fund?
The danger of trading Power Income 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 Power Income 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 Power Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Power Me 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 Power Income 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 main economic indicators. Note that the Power Me Fund information on this page should be used as a complementary analysis to other Power Income'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 Commodity Directory module to find actively traded commodities issued by global exchanges.