Westcore Orado Tax Exempt Fund Quote
| WICOX Fund | USD 10.45 0.01 0.1% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Westcore Orado is trading at 10.45 as of the 17th of April 2024; that is -0.1 percent decrease since the beginning of the trading day. The fund's open price was 10.46. Westcore Orado has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Westcore Orado Tax Exempt are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of January 2024 and ending today, the 17th of April 2024. Click here to learn more.
The fund will invest at least eighty percent of the value of its net assets, plus any borrowings for investment purposes, in securities, the income from which is exempt from both federal and Colorado state income tax. Segall Bryant is traded on NASDAQ Exchange in the United States.. More on Westcore Orado Tax Exempt
Moving together with Westcore Mutual Fund
| 0.9 | HICOX | Colorado Bondshares | PairCorr |
| 0.9 | UVABX | Virginia Bond | PairCorr |
| 0.76 | HULYX | Hawaiian Tax Free | PairCorr |
| 0.76 | HULFX | Hawaiian Tax Free | PairCorr |
| 0.73 | ORFFX | Aquila Tax Free | PairCorr |
| 0.71 | ORTYX | Aquila Tax Free | PairCorr |
Westcore 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. Westcore Orado's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westcore Orado or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Muni Single State Interm, Segall Bryant & Hamill (View all Sectors) |
| Update Date | 31st of March 0202 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Westcore Orado Tax Exempt [WICOX] is traded in USA and was established 17th of April 2024. The fund is listed under Muni Single State Interm category and is part of Segall Bryant & Hamill family. This fund at this time has accumulated 407.41 M in net assets with minimum initial investment of 250 K. Westcore Orado Tax is currently producing year-to-date (YTD) return of 0.28% with the current yeild of 0.0%, while the total return for the last 3 years was -1.54%.
Check Westcore Orado Probability Of Bankruptcy
Instrument Allocation
Westcore Orado Target Price Odds Analysis
Based on a normal probability distribution, the odds of Westcore Orado jumping above the current price in 90 days from now is about 77.28%. The Westcore Orado Tax Exempt probability density function shows the probability of Westcore Orado mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Westcore Orado has a beta of 0.0569. This entails as returns on the market go up, Westcore Orado average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westcore Orado Tax Exempt will be expected to be much smaller as well. Additionally, westcore Orado Tax Exempt has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Westcore Orado to move above the current price in 90 days from now is about 77.28 (This Westcore Orado Tax Exempt probability density function shows the probability of Westcore Mutual Fund to fall within a particular range of prices over 90 days) .
Westcore Orado Tax Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Westcore Orado market risk premium is the additional return an investor will receive from holding Westcore Orado 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 Westcore Orado. 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 Westcore Orado's alpha and beta are two of the key measurements used to evaluate Westcore Orado's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0979 | |||
| Semi Deviation | 0.1231 | |||
| Standard Deviation | 0.1464 | |||
| Variance | 0.0214 |
Westcore Orado Against Markets
Picking the right benchmark for Westcore Orado 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 Westcore Orado 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 Westcore Orado is critical whether you are bullish or bearish towards Westcore Orado Tax Exempt at a given time. Please also check how Westcore Orado'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 Westcore Orado 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 Westcore Mutual Fund?
Before investing in Westcore Orado, 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 Westcore Orado. To buy Westcore Orado fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westcore Orado. 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 Westcore Orado fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Westcore Orado Tax Exempt 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 Westcore Orado Tax Exempt 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 Westcore Orado Tax Exempt, 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 Westcore Orado Tax Exempt?
The danger of trading Westcore Orado Tax Exempt 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 Westcore Orado 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 Westcore Orado. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westcore Orado Tax 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westcore Orado Tax Exempt. 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 persons. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.