Six Circles Ultra Fund Quote
| CUSDX Fund | USD 9.92 0.00 0.00% |
Performance35 of 100
| Odds Of DistressLess than 11
|
Six Circles is trading at 9.92 as of the 18th of April 2024; that is No Change since the beginning of the trading day. The fund's open price was 9.92. Six Circles has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a very strong performance during the last 90 days. Equity ratings for Six Circles Ultra are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund mainly invests in U.S. dollar and non-U.S. dollar denominated investment grade short-term fixed and floating rate debt securities. While it may invest in securities with various maturities, under normal market conditions, the fund will seek to maintain an average effective portfolio duration of one year or less.. More on Six Circles Ultra
Moving together with Six Mutual Fund
| 0.98 | CUTAX | Six Circles Tax | PairCorr |
| 0.88 | CUSUX | Six Circles Unconstrained | PairCorr |
| 0.88 | CIUEX | Six Circles International | PairCorr |
| 0.89 | CMEUX | Six Circles Managed | PairCorr |
| 0.88 | CMIUX | Six Circles Managed | PairCorr |
Six 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. Six Circles' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Six Circles or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Six Circles Funds, Ultrashort Bond Funds, Ultrashort Bond, Six Circles (View all Sectors) |
| Update Date | 31st of March 2024 |
Six Circles Ultra [CUSDX] is traded in USA and was established 18th of April 2024. Six Circles is listed under Six Circles category by Fama And French industry classification. The fund is listed under Ultrashort Bond category and is part of Six Circles family. This fund currently has accumulated 1.17 B in assets under management (AUM) with no minimum investment requirementsSix Circles Ultra is currently producing year-to-date (YTD) return of 1.55% with the current yeild of 0.0%, while the total return for the last 3 years was 2.33%.
Check Six Circles Probability Of Bankruptcy
Instrument Allocation
Six Circles Target Price Odds Analysis
Based on a normal probability distribution, the odds of Six Circles jumping above the current price in 90 days from now is about 6.73%. The Six Circles Ultra probability density function shows the probability of Six Circles mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Six Circles has a beta of 0.0032 suggesting as returns on the market go up, Six Circles average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Six Circles Ultra will be expected to be much smaller as well. Additionally, six Circles Ultra has an alpha of 0.0099, implying that it can generate a 0.009852 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Six Circles to move above the current price in 90 days from now is about 6.73 (This Six Circles Ultra probability density function shows the probability of Six Mutual Fund to fall within a particular range of prices over 90 days) .
Six Circles Ultra Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Six Circles market risk premium is the additional return an investor will receive from holding Six Circles 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 Six Circles. 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 Six Circles' alpha and beta are two of the key measurements used to evaluate Six Circles' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0321 | |||
| Standard Deviation | 0.0407 | |||
| Variance | 0.0017 | |||
| Risk Adjusted Performance | 0.1649 |
Six Circles Against Markets
Picking the right benchmark for Six Circles 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 Six Circles 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 Six Circles is critical whether you are bullish or bearish towards Six Circles Ultra at a given time. Please also check how Six Circles' 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 Six Circles 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 Six Mutual Fund?
Before investing in Six Circles, 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 Six Circles. To buy Six Circles fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Six Circles. 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 Six Circles fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Six Circles Ultra 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 Six Circles Ultra 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 Six Circles Ultra, 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 Six Circles Ultra?
The danger of trading Six Circles Ultra 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 Six Circles 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 Six Circles. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Six Circles Ultra 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 Six Circles Ultra. 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 unemployment. Note that the Six Circles Ultra information on this page should be used as a complementary analysis to other Six Circles' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.