Cm Modity Index Fund Quote
| CMCYX Fund | USD 71.84 0.11 0.15% |
Performance18 of 100
| Odds Of DistressLess than 16
|
Cm Modity is trading at 71.84 as of the 19th of April 2024; that is 0.15 percent up since the beginning of the trading day. The fund's open price was 71.73. Cm Modity has less than a 16 % 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 Cm Modity Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests in instruments that derive their value from the performance of the UBS Constant Maturity Commodity Total Return Index, and in bonds, debt securities and other fixed income instruments issued by various U.S. public- or private-sector entities. More on Cm Modity Index
Moving together with CMCYX Mutual Fund
| 0.71 | EMRIX | Emerging Markets | PairCorr |
| 0.7 | EMRCX | Emerging Markets | PairCorr |
| 0.71 | EMRZX | Vaneck Emerging Markets | PairCorr |
| 0.71 | EMRYX | Emerging Markets | PairCorr |
CMCYX 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. Cm Modity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cm Modity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | VanEck Funds, Commodities Broad Basket Funds, Commodities Broad Basket, VanEck, Commodities Broad Basket, Commodities Broad Basket (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Cm Modity Index [CMCYX] is traded in USA and was established 19th of April 2024. Cm Modity is listed under VanEck category by Fama And French industry classification. The fund is listed under Commodities Broad Basket category and is part of VanEck family. This fund currently has accumulated 568.67 M in assets under management (AUM) with minimum initial investment of 1 K. Cm Modity Index is currently producing year-to-date (YTD) return of 7.77% with the current yeild of 0.0%, while the total return for the last 3 years was 13.45%.
Check Cm Modity Probability Of Bankruptcy
Instrument Allocation
Top Cm Modity Index Mutual Fund Constituents
| TRPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund |
Cm Modity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Cm Modity jumping above the current price in 90 days from now is about 5.73%. The Cm Modity Index probability density function shows the probability of Cm Modity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Cm Modity has a beta of 0.0034 suggesting as returns on the market go up, Cm Modity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cm Modity Index will be expected to be much smaller as well. Additionally, cm Modity Index has an alpha of 0.1073, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cm Modity to move above the current price in 90 days from now is about 5.73 (This Cm Modity Index probability density function shows the probability of CMCYX Mutual Fund to fall within a particular range of prices over 90 days) .
Cm Modity Index Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cm Modity market risk premium is the additional return an investor will receive from holding Cm Modity 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 Cm Modity. 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 Cm Modity's alpha and beta are two of the key measurements used to evaluate Cm Modity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4189 | |||
| Semi Deviation | 0.2686 | |||
| Standard Deviation | 0.5124 | |||
| Variance | 0.2626 |
Cm Modity Against Markets
Picking the right benchmark for Cm Modity 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 Cm Modity 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 Cm Modity is critical whether you are bullish or bearish towards Cm Modity Index at a given time. Please also check how Cm Modity'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 Cm Modity 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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Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
How to buy CMCYX Mutual Fund?
Before investing in Cm Modity, 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 Cm Modity. To buy Cm Modity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cm Modity. 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 Cm Modity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cm Modity Index 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 Cm Modity Index 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 Cm Modity Index, 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 Cm Modity Index?
The danger of trading Cm Modity Index 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 Cm Modity 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 Cm Modity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cm Modity Index 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 Cm Modity Index. 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 manufacturing. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.