Equinox Chesapeake Strategy Fund Quote
| ECHCX Fund | USD 12.27 0.03 0.25% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Equinox Chesapeake is trading at 12.27 as of the 19th of April 2024; that is 0.25 percent increase since the beginning of the trading day. The fund's open price was 12.24. Equinox Chesapeake has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Equinox Chesapeake Strategy 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 makes a combination of investments directly in an actively managed fixed-income portfolio comprised of cash, cash equivalents, securities issued by the U.S. government with one year or less term to maturity and money market funds and directly or indirectly in a diversified portfolio of futures contracts and futures-related instruments such as forwards and swaps in broadly diversified global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities, utilizing a portfolio of futures, forwards, options, spot contracts and swaps.. More on Equinox Chesapeake Strategy
Moving together with Equinox Mutual Fund
| 0.94 | KCMIX | Kcm Macro Trends | PairCorr |
| 0.94 | KCMTX | Kcm Macro Trends | PairCorr |
| 1.0 | EQCHX | Equinox Chesapeake | PairCorr |
| 1.0 | ECHAX | Equinox Chesapeake | PairCorr |
| 0.76 | AXSPX | Axs Adaptive Plus | PairCorr |
Moving against Equinox Mutual Fund
| 0.56 | BXECX | Barings Emerging Markets | PairCorr |
| 0.42 | BXEIX | Barings Emerging Markets | PairCorr |
Equinox 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. Equinox Chesapeake's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Equinox Chesapeake or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | AXS Funds, Large Blend Funds, Systematic Trend Funds, Systematic Trend, AXS, Large Value, Systematic Trend (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Equinox Chesapeake Strategy [ECHCX] is traded in USA and was established 19th of April 2024. Equinox Chesapeake is listed under AXS category by Fama And French industry classification. The fund is listed under Systematic Trend category and is part of AXS family. This fund currently has accumulated 57.83 M in assets under management (AUM) with no minimum investment requirementsEquinox Chesapeake is currently producing year-to-date (YTD) return of 7.81% with the current yeild of 0.0%, while the total return for the last 3 years was 6.51%.
Check Equinox Chesapeake 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 Equinox 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 Equinox 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 Equinox Chesapeake Strategy 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.
Equinox Chesapeake Target Price Odds Analysis
Based on a normal probability distribution, the odds of Equinox Chesapeake jumping above the current price in 90 days from now is about 46.02%. The Equinox Chesapeake Strategy probability density function shows the probability of Equinox Chesapeake mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Equinox Chesapeake has a beta of 0.5576 suggesting as returns on the market go up, Equinox Chesapeake average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equinox Chesapeake Strategy will be expected to be much smaller as well. Additionally, equinox Chesapeake Strategy has an alpha of 0.0398, implying that it can generate a 0.0398 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Equinox Chesapeake to move above the current price in 90 days from now is about 46.02 (This Equinox Chesapeake Strategy probability density function shows the probability of Equinox Mutual Fund to fall within a particular range of prices over 90 days) .
Equinox Chesapeake Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Equinox Chesapeake market risk premium is the additional return an investor will receive from holding Equinox Chesapeake 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 Equinox Chesapeake. 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 Equinox Chesapeake's alpha and beta are two of the key measurements used to evaluate Equinox Chesapeake's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4161 | |||
| Semi Deviation | 0.3581 | |||
| Standard Deviation | 0.5157 | |||
| Variance | 0.266 |
Equinox Chesapeake Against Markets
Picking the right benchmark for Equinox Chesapeake 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 Equinox Chesapeake 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 Equinox Chesapeake is critical whether you are bullish or bearish towards Equinox Chesapeake Strategy at a given time. Please also check how Equinox Chesapeake'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 Equinox Chesapeake 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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How to buy Equinox Mutual Fund?
Before investing in Equinox Chesapeake, 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 Equinox Chesapeake. To buy Equinox Chesapeake fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Equinox Chesapeake. 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 Equinox Chesapeake fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Equinox Chesapeake Strategy 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 Equinox Chesapeake Strategy 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 Equinox Chesapeake Strategy, 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 Equinox Chesapeake Strategy?
The danger of trading Equinox Chesapeake Strategy 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 Equinox Chesapeake 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 Equinox Chesapeake. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Equinox Chesapeake 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Chesapeake Strategy. 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 Equinox Chesapeake information on this page should be used as a complementary analysis to other Equinox Chesapeake'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.