Smi Servative Allocation Fund Quote
| SMILX Fund | USD 9.85 0.13 1.34% |
Performance2 of 100
| Odds Of DistressLess than 21
|
Smi Conservative is trading at 9.85 as of the 24th of April 2024; that is 1.34 percent up since the beginning of the trading day. The fund's open price was 9.72. Smi Conservative 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 Smi Servative Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund primarily invests in open-end equity mutual funds, ETFs and publicly traded partnerships using its Stock Upgrading strategy. Generally, underlying funds with the highest momentum scores are chosen. The underlying funds that do not have the highest momentum scores may not outperform and could, in fact, lose money. More on Smi Servative Allocation
Moving together with Smi Mutual Fund
| 0.95 | SMIDX | Smi Dynamic Allocation | PairCorr |
| 0.99 | SMIFX | Sound Mind Investing | PairCorr |
| 0.89 | FFIFX | American Funds | PairCorr |
| 0.89 | FAIFX | American Funds | PairCorr |
| 0.9 | IFACX | Income Fund | PairCorr |
| 0.88 | IFAFX | Income Fund | PairCorr |
Smi 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. Smi Conservative's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smi Conservative or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | SMI Funds, Large Growth Funds, Allocation--70% to 85% Equity Funds, Allocation--70% to 85% Equity, SMI Funds, Large, Allocation--50% to 70% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Smi Servative Allocation [SMILX] is traded in USA and was established 24th of April 2024. Smi Conservative is listed under SMI Funds category by Fama And French industry classification. The fund is listed under Allocation--70% to 85% Equity category and is part of SMI Funds family. This fund at this time has accumulated 54.6 M in assets with minimum initial investment of 500. Smi Servative Allocation is currently producing year-to-date (YTD) return of 0.31% with the current yeild of 0.01%, while the total return for the last 3 years was -0.6%.
Check Smi Conservative 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 Smi 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 Smi 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 Smi Servative Allocation 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 Smi Servative Allocation Mutual Fund Constituents
| QQQ | Invesco QQQ Trust | Etf | Large Growth |
| MIOIX | Morgan Stanley Insti | Mutual Fund | Foreign Large Growth |
| VNQ | Vanguard Real Estate | Etf | Real Estate |
| FBSOX | It Services Portfolio | Mutual Fund | Technology |
| SPY | SPDR SP 500 | Etf | Large Blend |
| VCLT | Vanguard Long Term Corporate | Etf | Long-Term Bond |
| POLIX | Polen Growth Fund | Mutual Fund | Large Growth |
Smi Conservative Target Price Odds Analysis
Based on a normal probability distribution, the odds of Smi Conservative jumping above the current price in 90 days from now is about 70.17%. The Smi Servative Allocation probability density function shows the probability of Smi Conservative mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Smi Conservative has a beta of 0.8558. This usually implies Smi Servative Allocation market returns are sensitive to returns on the market. As the market goes up or down, Smi Conservative is expected to follow. Additionally, smi Servative Allocation 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 Smi Conservative to move above the current price in 90 days from now is about 70.17 (This Smi Servative Allocation probability density function shows the probability of Smi Mutual Fund to fall within a particular range of prices over 90 days) .
Smi Servative Allocation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Smi Conservative market risk premium is the additional return an investor will receive from holding Smi Conservative 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 Smi Conservative. 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 Smi Conservative's alpha and beta are two of the key measurements used to evaluate Smi Conservative's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.519 | |||
| Semi Deviation | 0.692 | |||
| Standard Deviation | 0.7006 | |||
| Variance | 0.4908 |
Smi Conservative Against Markets
Picking the right benchmark for Smi Conservative 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 Smi Conservative 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 Smi Conservative is critical whether you are bullish or bearish towards Smi Servative Allocation at a given time. Please also check how Smi Conservative'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 Smi Conservative 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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Financial WidgetsEasily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
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How to buy Smi Mutual Fund?
Before investing in Smi Conservative, 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 Smi Conservative. To buy Smi Conservative fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Smi Conservative. 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 Smi Conservative fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Smi Servative Allocation 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 Smi Servative Allocation 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 Smi Servative Allocation, 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 Smi Servative Allocation?
The danger of trading Smi Servative Allocation 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 Smi Conservative 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 Smi Conservative. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smi Servative Allocation 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 Smi Servative Allocation. 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 bureau of economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.