Barrett Opportunity Fund Quote
| SAOPX Fund | USD 22.71 0.05 0.22% |
Performance11 of 100
| Odds Of DistressLess than 19
|
Barrett Opportunity is trading at 22.71 as of the 19th of April 2024; that is -0.22% down since the beginning of the trading day. The fund's open price was 22.76. Barrett Opportunity has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Barrett Opportunity 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 fund invests primarily in common stocks and securities convertible into or exchangeable for common stock such as convertible preferred stock or convertible debt securities. It may also invest without limit in fixed-income securities or unrated securities determined by the Adviser to be of equivalent quality. More on Barrett Opportunity Fund
Moving together with Barrett Mutual Fund
| 0.86 | BGRWX | Barrett Growth | PairCorr |
| 0.93 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.94 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.93 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.93 | VITSX | Vanguard Total Stock | PairCorr |
| 0.93 | VSMPX | Vanguard Total Stock | PairCorr |
Barrett 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. Barrett Opportunity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Barrett Opportunity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Barrett Funds, Large Blend Funds, Large Blend, Barrett (View all Sectors) |
| Update Date | 31st of March 2024 |
Barrett Opportunity Fund [SAOPX] is traded in USA and was established 19th of April 2024. Barrett Opportunity is listed under Barrett category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Barrett family. This fund at this time has accumulated 65.31 M in assets with minimum initial investment of 1 K. Barrett Opportunity is currently producing year-to-date (YTD) return of 7.25% with the current yeild of 0.0%, while the total return for the last 3 years was 11.23%.
Check Barrett Opportunity 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 Barrett 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 Barrett 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 Barrett Opportunity 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 Barrett Opportunity Fund Mutual Fund Constituents
| MMM | 3M Company | Stock | Industrials |
| CB | Chubb | Stock | Financials |
| MUR | Murphy Oil | Stock | Energy |
| ADP | Automatic Data Processing | Stock | Industrials |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
| PHG | Koninklijke Philips NV | Stock | Health Care |
| MUSA | Murphy USA | Stock | Consumer Discretionary |
Barrett Opportunity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Barrett Opportunity jumping above the current price in 90 days from now is about 33.41%. The Barrett Opportunity Fund probability density function shows the probability of Barrett Opportunity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Barrett Opportunity has a beta of 0.7519. This usually implies as returns on the market go up, Barrett Opportunity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Barrett Opportunity Fund will be expected to be much smaller as well. Additionally, barrett Opportunity Fund has an alpha of 0.0355, implying that it can generate a 0.0355 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Barrett Opportunity to move above the current price in 90 days from now is about 33.41 (This Barrett Opportunity Fund probability density function shows the probability of Barrett Mutual Fund to fall within a particular range of prices over 90 days) .
Barrett Opportunity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Barrett Opportunity market risk premium is the additional return an investor will receive from holding Barrett Opportunity 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 Barrett Opportunity. 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 Barrett Opportunity's alpha and beta are two of the key measurements used to evaluate Barrett Opportunity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4395 | |||
| Semi Deviation | 0.4982 | |||
| Standard Deviation | 0.5729 | |||
| Variance | 0.3282 |
Barrett Opportunity Against Markets
Picking the right benchmark for Barrett Opportunity 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 Barrett Opportunity 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 Barrett Opportunity is critical whether you are bullish or bearish towards Barrett Opportunity Fund at a given time. Please also check how Barrett Opportunity'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 Barrett Opportunity 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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Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
How to buy Barrett Mutual Fund?
Before investing in Barrett Opportunity, 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 Barrett Opportunity. To buy Barrett Opportunity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Barrett Opportunity. 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 Barrett Opportunity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Barrett Opportunity 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 Barrett Opportunity 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 Barrett Opportunity 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 Barrett Opportunity Fund?
The danger of trading Barrett Opportunity 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 Barrett Opportunity 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 Barrett Opportunity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Barrett Opportunity 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Barrett Opportunity 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 american community survey. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .