Bright Rock Quality Fund Quote

BQLCX Fund  USD 22.80  0.25  1.11%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 31

 
100  
 
Zero
Below Average
Bright Rock is trading at 22.80 as of the 28th of March 2024; that is 1.11% increase since the beginning of the trading day. The fund's open price was 22.55. Bright Rock has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Bright Rock Quality are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in equity securities of companies with large-sized market capitalizations. The adviser defines large-cap companies as those companies with market capitalizations within the range of companies in the Russell 1000 Index at the time of investment. More on Bright Rock Quality

Moving together with Bright Mutual Fund

  0.96STFGX State Farm GrowthPairCorr
  0.93BQMGX Bright Rock MidPairCorr
  0.96VTSAX Vanguard Total StockPairCorr
  0.97VFIAX Vanguard 500 IndexPairCorr
  0.96VTSMX Vanguard Total StockPairCorr
  0.96VITSX Vanguard Total StockPairCorr

Bright 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. Bright Rock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bright Rock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationBright Rock Funds, Large Blend Funds, Large Blend, Bright Rock, Large Blend, Large Blend (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of June 2023
Fiscal Year EndFebruary
Bright Rock Quality [BQLCX] is traded in USA and was established 28th of March 2024. Bright Rock is listed under Bright Rock category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Bright Rock family. This fund currently has accumulated 334.12 M in assets under management (AUM) with minimum initial investment of 100 K. Bright Rock Quality is currently producing year-to-date (YTD) return of 7.96% with the current yeild of 0.01%, while the total return for the last 3 years was 11.07%.
Check Bright Rock 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 Bright 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 Bright 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 Bright Rock Quality 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 Bright Rock Quality Mutual Fund Constituents

SOSouthern CompanyStockUtilities
UNPUnion PacificStockIndustrials
SLBSchlumberger NVStockEnergy
TMOThermo Fisher ScientificStockHealth Care
ORLYOReilly AutomotiveStockConsumer Discretionary
XLEEnergy Select SectorEtfEquity Energy
WMTWalmartStockConsumer Staples
More Details

Bright Rock Target Price Odds Analysis

Based on a normal probability distribution, the odds of Bright Rock jumping above the current price in 90 days from now is nearly 4.99%. The Bright Rock Quality probability density function shows the probability of Bright Rock mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Bright Rock Quality has a beta of -0.0995 suggesting as returns on benchmark increase, returns on holding Bright Rock are expected to decrease at a much lower rate. During the bear market, however, Bright Rock Quality is likely to outperform the market. Additionally, bright Rock Quality has an alpha of 0.141, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 22.8HorizonTargetOdds Above 22.8
94.91%90 days
 22.80 
4.99%
Based on a normal probability distribution, the odds of Bright Rock to move above the current price in 90 days from now is nearly 4.99 (This Bright Rock Quality probability density function shows the probability of Bright Mutual Fund to fall within a particular range of prices over 90 days) .

Bright Rock Quality Risk Profiles

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

Bright Rock Against Markets

Picking the right benchmark for Bright Rock 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 Bright Rock 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 Bright Rock is critical whether you are bullish or bearish towards Bright Rock Quality at a given time. Please also check how Bright Rock'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 Bright Rock 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?

Run Analyst Advice Now

   

Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module

How to buy Bright Mutual Fund?

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

The danger of trading Bright Rock Quality 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 Bright Rock 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 Bright Rock. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bright Rock Quality 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 Bright Rock Quality. 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 main economic indicators.
Note that the Bright Rock Quality information on this page should be used as a complementary analysis to other Bright Rock'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Bright Mutual Fund analysis

When running Bright Rock's price analysis, check to measure Bright Rock'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 Bright Rock is operating at the current time. Most of Bright Rock's value examination focuses on studying past and present price action to predict the probability of Bright Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Rock's price. Additionally, you may evaluate how the addition of Bright Rock to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Please note, there is a significant difference between Bright Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Rock'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.