Spectrum Fund Adviser Fund Quote

SRUAX Fund  USD 13.85  0.13  0.95%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 34

 
100  
 
Zero
Below Average
Spectrum Fund is trading at 13.85 as of the 28th of March 2024; that is 0.95 percent up since the beginning of the trading day. The fund's open price was 13.72. Spectrum Fund has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Spectrum Fund Adviser are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to achieve its investment objective by taking long and short positions in the global securities markets. It primarily invests long in common and preferred stocks and in investment companies , which include domestic and foreign mutual funds, as well as in exchange traded funds , closed-end funds, and unit investment trusts. More on Spectrum Fund Adviser

Moving together with Spectrum Mutual Fund

  1.0STFGX State Farm GrowthPairCorr
  0.98SRUIX Spectrum Fund InstitPairCorr
  0.95IFAAX Infrastructure FundPairCorr
  0.92IFAIX Infrastructure FundPairCorr
  1.0BLNIX Balanced Fund InstitPairCorr
  1.0BLNAX Balanced Fund AdviserPairCorr

Spectrum 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. Spectrum Fund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spectrum Fund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationMeeder Funds, Large Blend Funds, Long-Short Equity Funds, Long-Short Equity, Meeder Funds (View all Sectors)
Update Date31st of March 2024
Spectrum Fund Adviser [SRUAX] is traded in USA and was established 28th of March 2024. Spectrum Fund is listed under Meeder Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Meeder Funds family. This fund at this time has accumulated 186.32 M in assets with no minimum investment requirementsSpectrum Fund Adviser is currently producing year-to-date (YTD) return of 9.1% with the current yeild of 0.02%, while the total return for the last 3 years was 8.17%.
Check Spectrum Fund 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 Spectrum 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 Spectrum 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 Spectrum Fund Adviser 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 Spectrum Fund Adviser Mutual Fund Constituents

BAThe BoeingStockIndustrials
PEPPepsiCoStockConsumer Staples
JPMJPMorgan Chase CoStockFinancials
VZVerizon CommunicationsStockCommunication Services
AMZNAmazon IncStockConsumer Discretionary
UNHUnitedHealth Group IncorporatedStockHealth Care
TSLATesla IncStockConsumer Discretionary
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Spectrum Fund Target Price Odds Analysis

Based on a normal probability distribution, the odds of Spectrum Fund jumping above the current price in 90 days from now is under 4%. The Spectrum Fund Adviser probability density function shows the probability of Spectrum Fund 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 1.0514. This usually implies Spectrum Fund Adviser market returns are sensitive to returns on the market. As the market goes up or down, Spectrum Fund is expected to follow. Additionally, spectrum Fund Adviser has an alpha of 0.0063, implying that it can generate a 0.006256 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 13.85HorizonTargetOdds Above 13.85
96.59%90 days
 13.85 
3.34%
Based on a normal probability distribution, the odds of Spectrum Fund to move above the current price in 90 days from now is under 4 (This Spectrum Fund Adviser probability density function shows the probability of Spectrum Mutual Fund to fall within a particular range of prices over 90 days) .

Spectrum Fund Adviser Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Spectrum Fund market risk premium is the additional return an investor will receive from holding Spectrum Fund 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 Spectrum Fund. 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 Spectrum Fund's alpha and beta are two of the key measurements used to evaluate Spectrum Fund's performance over the market, the standard measures of volatility play an important role as well.

Spectrum Fund Against Markets

Picking the right benchmark for Spectrum Fund 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 Spectrum Fund 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 Spectrum Fund is critical whether you are bullish or bearish towards Spectrum Fund Adviser at a given time. Please also check how Spectrum Fund'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 Spectrum Fund 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.

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How to buy Spectrum Mutual Fund?

Before investing in Spectrum Fund, 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 Spectrum Fund. To buy Spectrum Fund fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Spectrum Fund. 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 Spectrum Fund fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Spectrum Fund Adviser 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 Spectrum Fund Adviser 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 Spectrum Fund Adviser, 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 Spectrum Fund Adviser?

The danger of trading Spectrum Fund Adviser 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 Spectrum Fund 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 Spectrum Fund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spectrum Fund Adviser 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 Spectrum Fund Adviser. 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 nation.
Note that the Spectrum Fund Adviser information on this page should be used as a complementary analysis to other Spectrum Fund'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Spectrum Mutual Fund analysis

When running Spectrum Fund's price analysis, check to measure Spectrum Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectrum Fund is operating at the current time. Most of Spectrum Fund's value examination focuses on studying past and present price action to predict the probability of Spectrum Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Fund's price. Additionally, you may evaluate how the addition of Spectrum Fund to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Spectrum Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.