Special Opportunities Closed Fund Quote
| SPE Fund | USD 12.41 0.03 0.24% |
Performance14 of 100
| Odds Of DistressLess than 14
|
Special Opportunities is trading at 12.41 as of the 25th of April 2024, a 0.24 percent increase since the beginning of the trading day. The fund's lowest day price was 12.36. Special Opportunities has less than a 14 % 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 Special Opportunities Closed 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.
Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. Special Opportunities Fund, Inc. was formed on February 18, 1993 and is domiciled in the United States. Special Opportunities operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 12.71 M outstanding shares of which 6.84 K shares are at this time shorted by investors with about 0.26 days to cover. More on Special Opportunities Closed
Moving together with Special Fund
| 0.84 | CHI | Calamos Convertible | PairCorr |
| 0.89 | PTY | Pimco Corporate Me | PairCorr |
| 0.62 | PHK | Pimco High Me | PairCorr |
| 0.81 | PCN | Pimco Corporate Me | PairCorr |
| 0.62 | FFC | Flaherty Crumrine | PairCorr |
Special 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. Special Opportunities' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Special Opportunities or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Phillip Goldstein |
| Old Names | [Sopheon plc, Spartan Energy Corp, SAIPEM, SAIPEM - Dusseldorf Stock Exchang, SAIPEM, SAIPEM (SPE.SG), Saipem SpA] |
| Fund Concentration | Tactical Allocation Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Special Opportunities Closed [SPE] is traded in USA and was established 25th of April 2024. The fund is not categorized under any group at the present time. Special Opportunities at this time has in assets with no minimum investment requirementsThe fund is currently generating return of 4.92% with the current yeild of 0.01%, while the total return for the last 3 years was 2.58%.
Special Opportunities Closed has about 16.05 K in cash with 29.88 M of positive cash flow from operations.
Check Special Opportunities Probability Of Bankruptcy
Special Opportunities Target Price Odds Analysis
What are Special Opportunities' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Special Opportunities jumping above the current price in 90 days from now is about 15.02%. The Special Opportunities Closed probability density function shows the probability of Special Opportunities fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Special Opportunities has a beta of 0.5273. This usually implies as returns on the market go up, Special Opportunities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Special Opportunities Closed will be expected to be much smaller as well. Additionally, special Opportunities Closed has an alpha of 0.0385, implying that it can generate a 0.0385 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Special Opportunities to move above the current price in 90 days from now is about 15.02 (This Special Opportunities Closed probability density function shows the probability of Special Fund to fall within a particular range of prices over 90 days) .
Special Opportunities Top Holders
| RBNAX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| CEFS | Saba Closed End Funds | Etf | Tactical Allocation |
Special Opportunities Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Special Opportunities market risk premium is the additional return an investor will receive from holding Special Opportunities 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 Special Opportunities. 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 Special Opportunities' alpha and beta are two of the key measurements used to evaluate Special Opportunities' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.0385 | |||
| Total Risk Alpha | 0.0113 | |||
| Sortino Ratio | (0) |
Special Opportunities Against Markets
Picking the right benchmark for Special Opportunities 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 Special Opportunities 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 Special Opportunities is critical whether you are bullish or bearish towards Special Opportunities Closed at a given time. Please also check how Special Opportunities' 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 Special Opportunities 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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| All Next | Launch Module |
How to buy Special Fund?
Before investing in Special Opportunities, 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 Special Opportunities. To buy Special Opportunities fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Special Opportunities. 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 Special Opportunities fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Special Opportunities Closed 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 Special Opportunities Closed 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 Special Opportunities Closed, 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 Special Opportunities Closed?
The danger of trading Special Opportunities Closed is mainly related to its market volatility and 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 Special Opportunities 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 Special Opportunities. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Special Opportunities 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Special Opportunities Closed. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.