The Global Alpha Fund Quote
| BGASX Fund | USD 16.63 0.02 0.12% |
Performance5 of 100
| Odds Of DistressLess than 20
|
Global Alpha is trading at 16.63 as of the 25th of April 2024; that is 0.12 percent up since the beginning of the trading day. The fund's open price was 16.61. Global Alpha has about a 20 % 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 The Global Alpha are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities. It invests predominantly in a diversified portfolio of securities issued by companies located in countries represented in the MSCI ACWI Index. The fund invests in a range of companies globally. More on The Global Alpha
Moving together with Global Mutual Fund
| 0.9 | BSGPX | Eafe Pure | PairCorr |
| 0.98 | BSGLX | Long Term | PairCorr |
| 0.98 | BTLKX | Baillie Gifford Inte | PairCorr |
| 0.66 | BCAKX | Baillie Gifford China | PairCorr |
| 1.0 | BGAKX | Global Alpha | PairCorr |
| 1.0 | BGALX | Baillie Gifford Global | PairCorr |
| 0.94 | BGAEX | Baillie Gifford Global | PairCorr |
Global 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. Global Alpha's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Alpha or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Baillie Gifford Funds, Large Growth Funds, World Large-Stock Growth Funds, World Large-Stock Growth, Baillie Gifford Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Fiscal Year End | December |
The Global Alpha [BGASX] is traded in USA and was established 25th of April 2024. Global Alpha is listed under Baillie Gifford Funds category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of Baillie Gifford Funds family. This fund currently has accumulated 680.73 M in assets under management (AUM) with no minimum investment requirementsGlobal Alpha is currently producing year-to-date (YTD) return of 1.38% with the current yeild of 0.01%, while the total return for the last 3 years was -4.91%.
Check Global Alpha 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 Global 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 Global 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 The Global Alpha 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 The Global Alpha Mutual Fund Constituents
| APA | APA Corporation | Stock | Energy |
| V | Visa Class A | Stock | Financials |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| ANTM | Anthem Inc | Stock | Healthcare Plans |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
| MA | Mastercard | Stock | Financials |
Global Alpha Target Price Odds Analysis
Based on a normal probability distribution, the odds of Global Alpha jumping above the current price in 90 days from now is about 56.62%. The The Global Alpha probability density function shows the probability of Global Alpha 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 1.2255 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Global Alpha will likely underperform. Additionally, the Global Alpha 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 Global Alpha to move above the current price in 90 days from now is about 56.62 (This The Global Alpha probability density function shows the probability of Global Mutual Fund to fall within a particular range of prices over 90 days) .
Global Alpha Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global Alpha market risk premium is the additional return an investor will receive from holding Global Alpha 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 Global Alpha. 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 Global Alpha's alpha and beta are two of the key measurements used to evaluate Global Alpha's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.716 | |||
| Semi Deviation | 0.8445 | |||
| Standard Deviation | 0.9062 | |||
| Variance | 0.8212 |
Global Alpha Against Markets
Picking the right benchmark for Global Alpha 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 Global Alpha 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 Global Alpha is critical whether you are bullish or bearish towards The Global Alpha at a given time. Please also check how Global Alpha'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 Global Alpha 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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| All Next | Launch Module |
How to buy Global Mutual Fund?
Before investing in Global Alpha, 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 Global Alpha. To buy Global Alpha fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global Alpha. 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 Global Alpha fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The Global Alpha 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 The Global Alpha 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 The Global Alpha, 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 The Global Alpha?
The danger of trading The Global Alpha 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 Global Alpha 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 Global Alpha. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global Alpha 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 The Global Alpha. 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 state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.