Emerald Growth Fund Quote

HSPCX Fund  USD 16.57  0.27  1.60%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 45

 
100  
 
Zero
Below Average
Emerald Growth is trading at 16.57 as of the 28th of March 2024; that is -1.6 percent down since the beginning of the trading day. The fund's open price was 16.84. Emerald Growth has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Emerald Growth Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Under normal conditions, the fund typically invests in equity securities of U.S. and foreign companies, including common stocks, preferred stocks, and securities convertible into common or preferred stocks. It can invest in companies from a wide range of industries and of various sizes. More on Emerald Growth Fund

Moving together with Emerald Mutual Fund

  0.86EFCCX Emerald Insights FundPairCorr
  0.86EFCAX Emerald Insights FundPairCorr
  0.86EFCNX Emerald Insights FundPairCorr
  0.86EFCIX Emerald Insights FundPairCorr
  0.82HSPGX Emerald Growth FundPairCorr

Emerald 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. Emerald Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Emerald Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationEmerald Funds, Large Funds, Small Growth Funds, Small Growth, Emerald (View all Sectors)
Update Date31st of March 2024
Emerald Growth Fund [HSPCX] is traded in USA and was established 28th of March 2024. Emerald Growth is listed under Emerald category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Emerald family. This fund currently has accumulated 1.45 B in assets under management (AUM) with no minimum investment requirementsEmerald Growth Fund is currently producing year-to-date (YTD) return of 3.37%, while the total return for the last 3 years was -3.0%.
Check Emerald Growth 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 Emerald 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 Emerald 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 Emerald Growth 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 Emerald Growth Fund Mutual Fund Constituents

PBYIPuma BiotechnologyStockHealth Care
PLNTPlanet FitnessStockConsumer Discretionary
MSTRMicroStrategy IncorporatedStockInformation Technology
ORGOOrganogenesis HoldingsStockHealth Care
FGXXXFirst American FundsMoney Market FundUS Money Market Fund
GTLSChart IndustriesStockIndustrials
KTOSKratos Defense SecurityStockIndustrials
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Emerald Growth Target Price Odds Analysis

Based on a normal probability distribution, the odds of Emerald Growth jumping above the current price in 90 days from now is about 21.96%. The Emerald Growth Fund probability density function shows the probability of Emerald Growth mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Emerald Growth Fund has a beta of -0.1007. This usually indicates as returns on benchmark increase, returns on holding Emerald Growth are expected to decrease at a much lower rate. During the bear market, however, Emerald Growth Fund is likely to outperform the market. Additionally, emerald Growth Fund has an alpha of 0.1028, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.57HorizonTargetOdds Above 16.57
77.78%90 days
 16.57 
21.96%
Based on a normal probability distribution, the odds of Emerald Growth to move above the current price in 90 days from now is about 21.96 (This Emerald Growth Fund probability density function shows the probability of Emerald Mutual Fund to fall within a particular range of prices over 90 days) .

Emerald Growth Fund Risk Profiles

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

Emerald Growth Against Markets

Picking the right benchmark for Emerald Growth 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 Emerald Growth 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 Emerald Growth is critical whether you are bullish or bearish towards Emerald Growth Fund at a given time. Please also check how Emerald Growth'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 Emerald Growth 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.

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How to buy Emerald Mutual Fund?

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

The danger of trading Emerald Growth 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 Emerald Growth 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 Emerald Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Emerald Growth 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Emerald Growth 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 main economic indicators.
Note that the Emerald Growth Fund information on this page should be used as a complementary analysis to other Emerald Growth'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Emerald Mutual Fund analysis

When running Emerald Growth's price analysis, check to measure Emerald Growth'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 Emerald Growth is operating at the current time. Most of Emerald Growth's value examination focuses on studying past and present price action to predict the probability of Emerald Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerald Growth's price. Additionally, you may evaluate how the addition of Emerald Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Emerald Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerald Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerald Growth'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.