Williston Basinmid North America Fund Quote
ICPAX Fund | USD 5.56 0.03 0.54% |
Performance12 of 100
| Odds Of DistressLess than 36
|
Williston Basinmid-north is trading at 5.56 as of the 29th of March 2024; that is 0.54 percent increase since the beginning of the trading day. The fund's open price was 5.53. Williston Basinmid-north has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Williston Basinmid North America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in the stock of domestic and foreign issuers that are participating or benefitting from the development of the resources in the Mid-North America area. It may invest in companies of any size. More on Williston Basinmid North America
Moving together with Williston Mutual Fund
0.87 | USG | USCF Gold Strategy Symbol Change | PairCorr |
1.0 | ICPUX | Williston Basinmid-n | PairCorr |
Williston 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. Williston Basinmid-north's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Williston Basinmid-north or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | IntegrityVikingFunds Funds, Large Funds, Equity Energy Funds, Equity Energy, IntegrityVikingFunds (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 30th of November 2022 |
Fiscal Year End | July |
Williston Basinmid North America [ICPAX] is traded in USA and was established 29th of March 2024. Williston Basinmid-north is listed under IntegrityVikingFunds category by Fama And French industry classification. The fund is listed under Equity Energy category and is part of IntegrityVikingFunds family. This fund currently has accumulated 129.32 M in assets under management (AUM) with no minimum investment requirementsWilliston Basinmid-north is currently producing year-to-date (YTD) return of 8.1% with the current yeild of 0.01%, while the total return for the last 3 years was 14.89%.
Check Williston Basinmid-north 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 Williston 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 Williston 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 Williston Basinmid North America 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 Williston Basinmid North America Mutual Fund Constituents
EXC | Exelon | Stock | Utilities |
OIS | Oil States International | Stock | Energy |
PUMP | ProPetro Holding Corp | Stock | Energy |
BKR | Baker Hughes Co | Stock | Energy |
FTI | TechnipFMC PLC | Stock | Energy |
HP | Helmerich And Payne | Stock | Energy |
DK | Delek US Energy | Stock | Energy |
Williston Basinmid-north Target Price Odds Analysis
Based on a normal probability distribution, the odds of Williston Basinmid-north jumping above the current price in 90 days from now is about 1.49%. The Williston Basinmid North America probability density function shows the probability of Williston Basinmid-north 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 1.1131. This usually indicates Williston Basinmid North America market returns are sensitive to returns on the market. As the market goes up or down, Williston Basinmid-north is expected to follow. Additionally, williston Basinmid North America 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 Williston Basinmid-north to move above the current price in 90 days from now is about 1.49 (This Williston Basinmid North America probability density function shows the probability of Williston Mutual Fund to fall within a particular range of prices over 90 days) .
Williston Basinmid-north Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Williston Basinmid-north market risk premium is the additional return an investor will receive from holding Williston Basinmid-north 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 Williston Basinmid-north. 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 Williston Basinmid-north's alpha and beta are two of the key measurements used to evaluate Williston Basinmid-north's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.7161 | |||
Semi Deviation | 0.9444 | |||
Standard Deviation | 0.9662 | |||
Variance | 0.9335 |
Williston Basinmid-north Against Markets
Picking the right benchmark for Williston Basinmid-north 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 Williston Basinmid-north 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 Williston Basinmid-north is critical whether you are bullish or bearish towards Williston Basinmid North America at a given time. Please also check how Williston Basinmid-north'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 Williston Basinmid-north 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 Williston Mutual Fund?
Before investing in Williston Basinmid-north, 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 Williston Basinmid-north. To buy Williston Basinmid-north fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Williston Basinmid-north. 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 Williston Basinmid-north fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Williston Basinmid North America 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 Williston Basinmid North America 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 Williston Basinmid North America, 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 Williston Basinmid North America?
The danger of trading Williston Basinmid North America 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 Williston Basinmid-north 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 Williston Basinmid-north. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Williston Basinmid-north 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 Williston Basinmid North America. 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 nation. Note that the Williston Basinmid-north information on this page should be used as a complementary analysis to other Williston Basinmid-north'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Williston Mutual Fund analysis
When running Williston Basinmid-north's price analysis, check to measure Williston Basinmid-north'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 Williston Basinmid-north is operating at the current time. Most of Williston Basinmid-north's value examination focuses on studying past and present price action to predict the probability of Williston Basinmid-north's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Williston Basinmid-north's price. Additionally, you may evaluate how the addition of Williston Basinmid-north to your portfolios can decrease your overall portfolio volatility.
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