Angel Oak Flexible Fund Quote
| ANFLX Fund | USD 7.76 0.01 0.13% |
Performance17 of 100
| Odds Of DistressLess than 17
|
Angel Oak is trading at 7.76 as of the 19th of April 2024; that is -0.13% down since the beginning of the trading day. The fund's open price was 7.77. Angel Oak has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Angel Oak Flexible are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund will, under normal circumstances, invest at least 80 percent of its net assets plus the amount of any borrowings for investment purposes in the securities of financial institutions. It will principally invest in investments that the Adviser believes have positive aggregate environmental, social andor governance impact outcomes. More on Angel Oak Flexible
Moving together with Angel Mutual Fund
| 0.87 | ANGCX | Angel Oak Multi | PairCorr |
| 1.0 | ANFIX | Angel Oak Flexible | PairCorr |
| 0.89 | ANGLX | Angel Oak Multi | PairCorr |
| 0.89 | ANGIX | Angel Oak Multi | PairCorr |
| 0.96 | AOUNX | Angel Oak Ultrashort | PairCorr |
Moving against Angel Mutual Fund
| 0.87 | UIPIX | Ultrashort Mid Cap Steady Growth | PairCorr |
| 0.66 | USPSX | Profunds Ultrashort Steady Growth | PairCorr |
| 0.65 | USPIX | Profunds Ultrashort Steady Growth | PairCorr |
Angel 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. Angel Oak's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Angel Oak or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Angel Oak Funds, Large Funds, Short-Term Bond Funds, Short-Term Bond, Angel Oak (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of September 2022 |
| Fiscal Year End | January |
Angel Oak Flexible [ANFLX] is traded in USA and was established 19th of April 2024. Angel Oak is listed under Angel Oak category by Fama And French industry classification. The fund is listed under Short-Term Bond category and is part of Angel Oak family. This fund presently has accumulated 85.11 M in assets under management (AUM) with no minimum investment requirementsAngel Oak Flexible is currently producing year-to-date (YTD) return of 3.13% with the current yeild of 0.05%, while the total return for the last 3 years was -0.23%.
Check Angel Oak Probability Of Bankruptcy
Instrument Allocation
Top Angel Oak Flexible Mutual Fund Constituents
| FGUXX | First American Funds | Money Market Fund | US Money Market Fund |
Angel Oak Target Price Odds Analysis
Based on a normal probability distribution, the odds of Angel Oak jumping above the current price in 90 days from now is about 14.31%. The Angel Oak Flexible probability density function shows the probability of Angel Oak mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Angel Oak has a beta of 0.0967. This suggests as returns on the market go up, Angel Oak average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Angel Oak Flexible will be expected to be much smaller as well. Additionally, angel Oak Flexible has an alpha of 0.0241, implying that it can generate a 0.0241 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Angel Oak to move above the current price in 90 days from now is about 14.31 (This Angel Oak Flexible probability density function shows the probability of Angel Mutual Fund to fall within a particular range of prices over 90 days) .
Angel Oak Flexible Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Angel Oak market risk premium is the additional return an investor will receive from holding Angel Oak 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 Angel Oak. 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 Angel Oak's alpha and beta are two of the key measurements used to evaluate Angel Oak's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.139 | |||
| Standard Deviation | 0.1847 | |||
| Variance | 0.0341 | |||
| Downside Variance | 0.0413 |
Angel Oak Against Markets
Picking the right benchmark for Angel Oak 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 Angel Oak 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 Angel Oak is critical whether you are bullish or bearish towards Angel Oak Flexible at a given time. Please also check how Angel Oak'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 Angel Oak 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 BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
| All Next | Launch Module |
How to buy Angel Mutual Fund?
Before investing in Angel Oak, 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 Angel Oak. To buy Angel Oak fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Angel Oak. 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 Angel Oak fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Angel Oak Flexible 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 Angel Oak Flexible 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 Angel Oak Flexible, 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 Angel Oak Flexible?
The danger of trading Angel Oak Flexible 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 Angel Oak 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 Angel Oak. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Angel Oak Flexible 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel Oak Flexible. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.