Tributary SmallMid Story

FSMBX -- USA Fund  

USD 10.23  0.04  0.39%

Macroaxis News
By Achuva Shats
Today post will break down Tributary SmallMid. I will inspect why investors should continue to be optimistic in the fund outlook. Tributary SmallMid Cap chance of financial distress is under   49.00  . Assuming 30 trading days horizon, Tributary SmallMid is expected to generate 0.83 times more return on investment than the market. However, the company is 1.2 times less risky than the market. It trades about -0.01 of its potential returns per unit of risk. The market is currently generating roughly -0.05 per unit of risk. Macroaxis considers Tributary SmallMid to be somewhat reliable. Tributary SmallMid Cap owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0121 which indicates the organization had -0.0121% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Tributary SmallMid Cap Fund - Institutional Plu exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tributary SmallMid Coefficient Of Variation of 3125.23, Risk Adjusted Performance of 0.0427 and Semi Deviation of 0.9606 to confirm risk estimate we provide.
Tributary SmallMid is down 1.98 percent despite significant market rise

The entity dividends can provide a clue to current valuation of the fund. Tributary SmallMid Cap is not expected to issue dividends this year as it trying to preserve or re-invest any of the funds available for distribution to stakeholders. Let me now go over Tributary SmallMid Minimum Initial Investment. Based on recorded statements Tributary SmallMid Cap Fund - Institutional Plu has Minimum Initial Investment of 5 M. This is much higher than that of the Tributary Funds family, and significantly higher than that of Mid-Cap Blend category, The Minimum Initial Investment for all funds is notably lower than the firm.

The small decline in market price for the last few months could raise concerns from investors as the fund closed today at a share price of 9.89000034 on 0 in volume. The fund administrators and managers did not add much value to Tributary SmallMid Cap investors in September. However, diversifying your holdings with Tributary SmallMid Cap Fund - Institutional Plu or similar funds can still protect your portfolio during high-volatility market scenarios. The fund standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.2218. The below-average Fund volatility is a good sign for a longer term investment options and for buy-and-hold investors. Tributary SmallMid makes 5 m minimum initial investment. Tributary SmallMid is selling for 9.89. This is 1.98 percent decrease. Today lowest is 9.89000034.

To conclude, I belive Tributary SmallMid is currently fairly valued. It Moves indifferently to market moves and projects close to average odds of financial turmoil in the next two years. Our up-to-date buy-hold-sell recommendation on the fund is Cautious Hold.

About Contributor

Achuva Shats
   Achuva Shats is a Member of Macroaxs Editorial Board. Achuva writes about retail product and service companies from the prospective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Tributary SmallMid Cap Fund - Institutional Plu. Please refer to our Terms of Use for any information regarding our disclosure principles.

Story Momentum

This headline from Macroaxis disseminated on 10/09/2019 added to the next day closing price rise.The overall trading delta to closing price of the next trading day was 0.50% . The trading price change when the story was published to current closing price is 3.51% .

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Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

  Probability Of Bankruptcy 
      Tributary SmallMid Comparables 
Tributary SmallMid is currently under evaluation in probability of bankruptcy among similar funds. For stocks, Probability Of Bankruptcy is normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by Macroaxis. The score is used to predict probability of a firm or a fund experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
Additionally see Tributary SmallMid Hype Analysis, Tributary SmallMid Correlation and Tributary SmallMid Performance. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.