Amana Participation Fund Quote
| AMIPX Fund | USD 9.59 0.03 0.31% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Amana Participation is trading at 9.59 as of the 16th of April 2024; that is -0.31 percent down since the beginning of the trading day. The fund's open price was 9.62. Amana Participation 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 Amana Participation Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Under normal conditions, the fund invests at least 80 percent of its total net assets in short and intermediate-term Islamic income-producing investments. It invests at least 65 percent of its assets in securities rated within the four highest grades by a nationally-recognized rating agency and may invest up to 35 percent in unrated and high-yield notes and certificates, which may be considered equivalent to junk bonds. More on Amana Participation Fund
Moving together with Amana Mutual Fund
| 0.83 | AMDWX | Amana Developing World | PairCorr |
| 0.71 | AMIGX | Amana Growth | PairCorr |
| 0.83 | AMIDX | Amana Developing World | PairCorr |
| 0.78 | AMINX | Amana Me Fund | PairCorr |
| 0.78 | AMANX | Amana Me Fund | PairCorr |
| 0.99 | AMAPX | Amana Participation | PairCorr |
Moving against Amana Mutual Fund
| 0.64 | XPPRX | Voya Prime Rate | PairCorr |
Amana 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. Amana Participation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amana Participation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Amana Funds, Large Funds, Emerging Markets Bond Funds, Emerging Markets Bond, Amana (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of September 2022 |
| Fiscal Year End | May |
Amana Participation Fund [AMIPX] is traded in USA and was established 16th of April 2024. Amana Participation is listed under Amana category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of Amana family. This fund presently has accumulated 219.63 M in assets under management (AUM) with minimum initial investment of 100 K. Amana Participation is currently producing year-to-date (YTD) return of 0.02% with the current yeild of 0.0%, while the total return for the last 3 years was -0.41%.
Check Amana Participation Probability Of Bankruptcy
Instrument Allocation
Amana Participation Target Price Odds Analysis
Based on a normal probability distribution, the odds of Amana Participation jumping above the current price in 90 days from now is about 81.26%. The Amana Participation Fund probability density function shows the probability of Amana Participation mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Amana Participation has a beta of 0.0715. This suggests as returns on the market go up, Amana Participation average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amana Participation Fund will be expected to be much smaller as well. Additionally, amana Participation Fund 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 Amana Participation to move above the current price in 90 days from now is about 81.26 (This Amana Participation Fund probability density function shows the probability of Amana Mutual Fund to fall within a particular range of prices over 90 days) .
Amana Participation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Amana Participation market risk premium is the additional return an investor will receive from holding Amana Participation 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 Amana Participation. 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 Amana Participation's alpha and beta are two of the key measurements used to evaluate Amana Participation's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0914 | |||
| Semi Deviation | 0.1114 | |||
| Standard Deviation | 0.1328 | |||
| Variance | 0.0176 |
Amana Participation Against Markets
Picking the right benchmark for Amana Participation 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 Amana Participation 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 Amana Participation is critical whether you are bullish or bearish towards Amana Participation Fund at a given time. Please also check how Amana Participation'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 Amana Participation 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 Amana Mutual Fund?
Before investing in Amana Participation, 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 Amana Participation. To buy Amana Participation fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Amana Participation. 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 Amana Participation fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Amana Participation Fund 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 Amana Participation Fund 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 Amana Participation Fund, 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 Amana Participation Fund?
The danger of trading Amana Participation Fund 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 Amana Participation 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 Amana Participation. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amana Participation 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Amana Participation Fund. 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 american community survey. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .