Essex Environmental Opportunities Fund Quote
GEOSX Fund | USD 12.94 0.06 0.47% |
Performance0 of 100
| Odds Of DistressLess than 44
|
Essex Environmental is trading at 12.94 as of the 29th of March 2024; that is 0.47 percent up since the beginning of the trading day. The fund's open price was 12.88. Essex Environmental has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Essex Environmental Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Under normal market conditions, fund invests at least 80 percent of its net assets in equity securities of clean-tech companies. A clean-tech company is a company that the funds sub-adviser believes provides leading technology solutions to solve environmental challenges, primarily focusing on climate change. More on Essex Environmental Opportunities
Moving together with Essex Mutual Fund
1.0 | EEOFX | Essex Environmental | PairCorr |
1.0 | GEORX | Pear Tree Essex | PairCorr |
Essex 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. Essex Environmental's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Essex Environmental or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Pear Tree Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Pear Tree Funds (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 1st of August 2022 |
Fiscal Year End | August |
Essex Environmental Opportunities [GEOSX] is traded in USA and was established 29th of March 2024. Essex Environmental is listed under Pear Tree Funds category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Pear Tree Funds family. Essex Environmental currently has accumulated 75.55 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was -10.53%.
Check Essex Environmental 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 Essex 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 Essex 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 Essex Environmental Opportunities 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 Essex Environmental Opportunities Mutual Fund Constituents
RUN | Sunrun Inc | Stock | Industrials |
LTHM | Livent Corp | Stock | Materials |
CGNX | Cognex | Stock | Information Technology |
KYCCF | Keyence | Pink Sheet | Scientific & Technical Instruments |
APTV | Aptiv PLC | Stock | Consumer Discretionary |
AMRS | Amyris Inc | Stock | Materials |
HASI | Hannon Armstrong Sustainable | Stock | Real Estate |
Essex Environmental Target Price Odds Analysis
Based on a normal probability distribution, the odds of Essex Environmental jumping above the current price in 90 days from now is about 10.44%. The Essex Environmental Opportunities probability density function shows the probability of Essex Environmental 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 1.7925. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Essex Environmental will likely underperform. Additionally, essex Environmental Opportunities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Essex Environmental to move above the current price in 90 days from now is about 10.44 (This Essex Environmental Opportunities probability density function shows the probability of Essex Mutual Fund to fall within a particular range of prices over 90 days) .
Essex Environmental Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Essex Environmental market risk premium is the additional return an investor will receive from holding Essex Environmental 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 Essex Environmental. 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 Essex Environmental's alpha and beta are two of the key measurements used to evaluate Essex Environmental's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.9577 | |||
Standard Deviation | 1.24 | |||
Variance | 1.54 | |||
Risk Adjusted Performance | 1.0E-4 |
Essex Environmental Against Markets
Picking the right benchmark for Essex Environmental 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 Essex Environmental 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 Essex Environmental is critical whether you are bullish or bearish towards Essex Environmental Opportunities at a given time. Please also check how Essex Environmental'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 Essex Environmental 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 Essex Mutual Fund?
Before investing in Essex Environmental, 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 Essex Environmental. To buy Essex Environmental fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Essex Environmental. 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 Essex Environmental fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Essex Environmental Opportunities 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 Essex Environmental Opportunities 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 Essex Environmental Opportunities, 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 Essex Environmental Opportunities?
The danger of trading Essex Environmental Opportunities 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 Essex Environmental 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 Essex Environmental. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Essex Environmental 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Essex Environmental Opportunities. 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Essex Mutual Fund analysis
When running Essex Environmental's price analysis, check to measure Essex Environmental'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 Essex Environmental is operating at the current time. Most of Essex Environmental's value examination focuses on studying past and present price action to predict the probability of Essex Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Environmental's price. Additionally, you may evaluate how the addition of Essex Environmental to your portfolios can decrease your overall portfolio volatility.
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