Intrepid Capital Fund Quote
| ICMVX Fund | USD 11.90 0.04 0.34% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Intrepid Capital is trading at 11.90 as of the 13th of May 2024; that is 0.34 percent increase since the beginning of the trading day. The fund's open price was 11.86. Intrepid Capital has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Intrepid Capital Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of February 2024 and ending today, the 13th of May 2024. Click here to learn more.
The fund invests primarily in a diversified portfolio of undervalued small and medium capitalization equity securities and high yield securities . Its investments in high yield securities will not be limited in duration, but typically will be in securities having a duration of two to six years at the time of purchase.. More on Intrepid Capital Fund
Moving together with Intrepid Mutual Fund
| 0.8 | ICMUX | Intrepid Income | PairCorr |
| 1.0 | ICMBX | Intrepid Capital | PairCorr |
| 0.92 | FBONX | American Funds American | PairCorr |
| 0.92 | FBAFX | American Funds American | PairCorr |
Intrepid 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. Intrepid Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Intrepid Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Intrepid Funds, Large Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, Intrepid Funds, Large, Allocation--50% to 70% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of January 2023 |
| Fiscal Year End | September |
Intrepid Capital Fund [ICMVX] is traded in USA and was established 13th of May 2024. Intrepid Capital is listed under Intrepid Funds category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Intrepid Funds family. This fund currently has accumulated 44.75 M in assets under management (AUM) with no minimum investment requirementsIntrepid Capital is currently producing year-to-date (YTD) return of 5.99% with the current yeild of 0.04%, while the total return for the last 3 years was 3.29%.
Check Intrepid Capital 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 Intrepid 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 Intrepid 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 Intrepid Capital 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 Intrepid Capital Fund Mutual Fund Constituents
| TRPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund |
| HALL | Hallmark Financial Services | Pink Sheet | Financials |
| WU | Western Union Co | Stock | Information Technology |
| IAC | IAC Inc | Stock | Communication Services |
| BH | Biglari Holdings | Stock | Consumer Discretionary |
| TJX | The TJX Companies | Stock | Consumer Discretionary |
| PTEN | Patterson UTI Energy | Stock | Energy |
Intrepid Capital Target Price Odds Analysis
Based on a normal probability distribution, the odds of Intrepid Capital jumping above the current price in 90 days from now is about 5.36%. The Intrepid Capital Fund probability density function shows the probability of Intrepid Capital mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Intrepid Capital has a beta of 0.7402. This usually indicates as returns on the market go up, Intrepid Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Intrepid Capital Fund will be expected to be much smaller as well. Additionally, intrepid Capital Fund has an alpha of 0.0026, implying that it can generate a 0.002625 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Intrepid Capital to move above the current price in 90 days from now is about 5.36 (This Intrepid Capital Fund probability density function shows the probability of Intrepid Mutual Fund to fall within a particular range of prices over 90 days) .
Intrepid Capital Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Intrepid Capital market risk premium is the additional return an investor will receive from holding Intrepid Capital 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 Intrepid Capital. 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 Intrepid Capital's alpha and beta are two of the key measurements used to evaluate Intrepid Capital's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4349 | |||
| Semi Deviation | 0.5319 | |||
| Standard Deviation | 0.6075 | |||
| Variance | 0.369 |
Intrepid Capital Against Markets
Picking the right benchmark for Intrepid Capital 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 Intrepid Capital 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 Intrepid Capital is critical whether you are bullish or bearish towards Intrepid Capital Fund at a given time. Please also check how Intrepid Capital'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 Intrepid Capital 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 Intrepid Mutual Fund?
Before investing in Intrepid Capital, 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 Intrepid Capital. To buy Intrepid Capital fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Intrepid Capital. 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 Intrepid Capital fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Intrepid Capital 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 Intrepid Capital 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 Intrepid Capital 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 Intrepid Capital Fund?
The danger of trading Intrepid Capital 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 Intrepid Capital 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 Intrepid Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Intrepid Capital 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 Intrepid Capital 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.