Neiman Large Cap Fund Quote
| NEAMX Fund | USD 29.62 0.08 0.27% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Neiman Large is trading at 29.62 as of the 25th of April 2024; that is 0.27 percent increase since the beginning of the trading day. The fund's open price was 29.54. Neiman Large 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 Neiman Large Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund invests primarily in common stocks of large capitalization companies that the investment adviser believes are undervalued. Large capitalization companies are defined as those with market capitalizations within the universe of the SP 500 Index at the time of purchase. More on Neiman Large Cap
Moving together with Neiman Mutual Fund
| 1.0 | NEIMX | Neiman Large Cap | PairCorr |
| 0.99 | VVIAX | Vanguard Value Index | PairCorr |
| 0.93 | DOXGX | Dodge Cox Stock | PairCorr |
| 0.96 | FFMMX | American Funds American | PairCorr |
| 0.96 | FFFMX | American Funds American | PairCorr |
| 0.96 | AMRMX | American Mutual | PairCorr |
Neiman 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. Neiman Large's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neiman Large or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Neiman Funds, Large Blend Funds, Large Value Funds, Large Value, Neiman Funds, Large Blend, Large Value (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of July 2022 |
| Fiscal Year End | March |
Neiman Large Cap [NEAMX] is traded in USA and was established 25th of April 2024. Neiman Large is listed under Neiman Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Neiman Funds family. This fund now has accumulated 31.15 M in assets with no minimum investment requirementsNeiman Large Cap is currently producing year-to-date (YTD) return of 5.84% with the current yeild of 0.01%, while the total return for the last 3 years was 6.24%.
Check Neiman Large 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 Neiman 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 Neiman 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 Neiman Large Cap 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 Neiman Large Cap Mutual Fund Constituents
| V | Visa Class A | Stock | Financials |
| AXS | AXIS Capital Holdings | Stock | Financials |
| NKE | Nike Inc | Stock | Consumer Discretionary |
| VFC | VF Corporation | Stock | Consumer Discretionary |
| PEG | Public Service Enterprise | Stock | Utilities |
| PFG | Principal Financial Group | Stock | Financials |
| JNJ | Johnson Johnson | Stock | Health Care |
Neiman Large Target Price Odds Analysis
Based on a normal probability distribution, the odds of Neiman Large jumping above the current price in 90 days from now is about 16.29%. The Neiman Large Cap probability density function shows the probability of Neiman Large mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Neiman Large has a beta of 0.785. This indicates as returns on the market go up, Neiman Large average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Neiman Large Cap will be expected to be much smaller as well. Additionally, neiman Large Cap has an alpha of 0.0088, implying that it can generate a 0.008825 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Neiman Large to move above the current price in 90 days from now is about 16.29 (This Neiman Large Cap probability density function shows the probability of Neiman Mutual Fund to fall within a particular range of prices over 90 days) .
Neiman Large Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Neiman Large market risk premium is the additional return an investor will receive from holding Neiman Large 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 Neiman Large. 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 Neiman Large's alpha and beta are two of the key measurements used to evaluate Neiman Large's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4245 | |||
| Semi Deviation | 0.418 | |||
| Standard Deviation | 0.5314 | |||
| Variance | 0.2824 |
Neiman Large Against Markets
Picking the right benchmark for Neiman Large 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 Neiman Large 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 Neiman Large is critical whether you are bullish or bearish towards Neiman Large Cap at a given time. Please also check how Neiman Large'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 Neiman Large 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 Neiman Mutual Fund?
Before investing in Neiman Large, 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 Neiman Large. To buy Neiman Large fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Neiman Large. 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 Neiman Large fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Neiman Large Cap 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 Neiman Large Cap 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 Neiman Large Cap, 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 Neiman Large Cap?
The danger of trading Neiman Large Cap 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 Neiman Large 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 Neiman Large. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neiman Large Cap 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neiman Large Cap. 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 population. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.