Williston Basinmid North America Fund Quote
| ICPUX Fund | USD 5.47 0.07 1.26% |
Performance22 of 100
| Odds Of DistressLess than 16
|
Williston Basin/mid-north is trading at 5.47 as of the 16th of April 2024; that is -1.26 percent down since the beginning of the trading day. The fund's open price was 5.54. Williston Basin/mid-north has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid 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 22nd of January 2023 and ending today, the 16th of April 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
| 1.0 | ICPAX | Williston Basin/mid-north | PairCorr |
Moving against Williston Mutual Fund
| 0.68 | NEITX | Nebraska Municipal | PairCorr |
| 0.6 | NEMUX | Nebraska Municipal | PairCorr |
| 0.54 | MEMUX | Maine Municipal | PairCorr |
| 0.53 | OKMUX | Oklahoma Municipal | PairCorr |
| 0.49 | OKMIX | Oklahoma Municipal | PairCorr |
| 0.43 | MEIMX | Maine Municipal | PairCorr |
| 0.41 | VNDFX | Viking Tax Free | 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 Basin/mid-north's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Williston Basin/mid-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 [ICPUX] is traded in USA and was established 16th of April 2024. Williston Basin/mid-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 Basin/mid-north is currently producing year-to-date (YTD) return of 10.32% with the current yeild of 0.01%, while the total return for the last 3 years was 16.21%.
Check Williston Basin/mid-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
| DVN | Devon Energy | Stock | Energy |
| CHX | ChampionX | Stock | Energy |
| COP | ConocoPhillips | Stock | Energy |
| LNT | Alliant Energy Corp | Stock | Utilities |
| AROC | Archrock | Stock | Energy |
| SLCA | US Silica Holdings | Stock | Energy |
| WMB | Williams Companies | Stock | Energy |
Williston Basin/mid-north Target Price Odds Analysis
Based on a normal probability distribution, the odds of Williston Basin/mid-north jumping above the current price in 90 days from now is about 13.64%. The Williston Basinmid North America probability density function shows the probability of Williston Basin/mid-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 1.0455. This usually indicates Williston Basinmid North America market returns are sensitive to returns on the market. As the market goes up or down, Williston Basin/mid-north is expected to follow. Additionally, williston Basinmid North America has an alpha of 0.1279, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Williston Basin/mid-north to move above the current price in 90 days from now is about 13.64 (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 Basin/mid-north Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Williston Basin/mid-north market risk premium is the additional return an investor will receive from holding Williston Basin/mid-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 Basin/mid-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 Basin/mid-north's alpha and beta are two of the key measurements used to evaluate Williston Basin/mid-north's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6785 | |||
| Semi Deviation | 0.8343 | |||
| Standard Deviation | 0.9395 | |||
| Variance | 0.8827 |
Williston Basin/mid-north Against Markets
Picking the right benchmark for Williston Basin/mid-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 Basin/mid-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 Basin/mid-north is critical whether you are bullish or bearish towards Williston Basinmid North America at a given time. Please also check how Williston Basin/mid-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 Basin/mid-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 Basin/mid-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 Basin/mid-north. To buy Williston Basin/mid-north fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Williston Basin/mid-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 Basin/mid-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 Basin/mid-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 Basin/mid-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 Basin/mid-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 employment. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.