Eic Value Fund Quote
| EICVX Fund | USD 17.01 0.09 0.53% |
Performance5 of 100
| Odds Of DistressLess than 20
|
Eic Value is trading at 17.01 as of the 22nd of April 2024; that is 0.53% increase since the beginning of the trading day. The fund's open price was 16.92. Eic Value 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 Eic Value Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
The fund primarily invests in common stocks of U.S. companies. It invests in companies the Adviser believes are well-managed, structurally sound and selling at a discount to their value as an ongoing business entity. The fund may invest in the stocks of companies of all capitalization sizes.. More on Eic Value Fund
Moving together with Eic Mutual Fund
| 1.0 | EICIX | Eic Value Fund | PairCorr |
| 1.0 | EICCX | Eic Value Fund | PairCorr |
| 0.97 | VVIAX | Vanguard Value Index | PairCorr |
| 0.95 | DOXGX | Dodge Cox Stock | PairCorr |
| 0.96 | FFMMX | American Funds American | PairCorr |
| 0.96 | FFFMX | American Funds American | PairCorr |
Moving against Eic Mutual Fund
| 0.63 | XPPRX | Voya Prime Rate | PairCorr |
Eic 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. Eic Value's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eic Value or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Hybrid Mix Funds (View all Themes) |
| Fund Concentration | Equity Investment Corp Funds, Large Value Funds, Hybrid Mix Funds, Large Value, Equity Investment Corp, Large Value, Large Value (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of September 2022 |
| Fiscal Year End | April |
Eic Value Fund [EICVX] is traded in USA and was established 22nd of April 2024. Eic Value is listed under Equity Investment Corp category by Fama And French industry classification. The fund is listed under Large Value category and is part of Equity Investment Corp family. The entity is thematically classified as Hybrid Mix Funds. This fund currently has accumulated 231.61 M in assets under management (AUM) with no minimum investment requirementsEic Value Fund is currently producing year-to-date (YTD) return of 1.46% with the current yeild of 0.03%, while the total return for the last 3 years was 7.87%.
Check Eic Value 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 Eic 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 Eic 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 Eic Value Fund 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 Eic Value Fund Mutual Fund Constituents
| EBAY | eBay Inc | Stock | Consumer Discretionary |
| SCHW | Charles Schwab Corp | Stock | Financials |
| SHV | iShares Short Treasury | Etf | Ultrashort Bond |
| MDT | Medtronic PLC | Stock | Health Care |
| TRV | The Travelers Companies | Stock | Financials |
| AXP | American Express | Stock | Financials |
| ESRT | Empire State Realty | Stock | Real Estate |
Eic Value Target Price Odds Analysis
Based on a normal probability distribution, the odds of Eic Value jumping above the current price in 90 days from now is about 41.87%. The Eic Value Fund probability density function shows the probability of Eic Value mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Eic Value has a beta of 0.7631 suggesting as returns on the market go up, Eic Value average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eic Value Fund will be expected to be much smaller as well. Additionally, eic Value Fund 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 Eic Value to move above the current price in 90 days from now is about 41.87 (This Eic Value Fund probability density function shows the probability of Eic Mutual Fund to fall within a particular range of prices over 90 days) .
Eic Value Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eic Value market risk premium is the additional return an investor will receive from holding Eic Value 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 Eic Value. 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 Eic Value's alpha and beta are two of the key measurements used to evaluate Eic Value's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4724 | |||
| Semi Deviation | 0.5997 | |||
| Standard Deviation | 0.6339 | |||
| Variance | 0.4019 |
Eic Value Against Markets
Picking the right benchmark for Eic Value 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 Eic Value 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 Eic Value is critical whether you are bullish or bearish towards Eic Value Fund at a given time. Please also check how Eic Value'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 Eic Value 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 Risk-Return Analysis Now
Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
How to buy Eic Mutual Fund?
Before investing in Eic Value, 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 Eic Value. To buy Eic Value fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eic Value. 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 Eic Value fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eic Value Fund 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 Eic Value Fund 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 Eic Value Fund, 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 Eic Value Fund?
The danger of trading Eic Value Fund 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 Eic Value 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 Eic Value. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eic Value Fund 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 Eic Value Fund. 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 real. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.