Emerald Banking And Fund Quote
| HSSAX Fund | USD 21.94 0.09 0.41% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Emerald Banking is trading at 21.94 as of the 19th of April 2024; that is 0.41 percent up since the beginning of the trading day. The fund's open price was 21.85. Emerald Banking has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Emerald Banking And are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund has adopted an investment policy that it will, under normal conditions, invest at least 80 percent of the value of its assets in stocks of companies principally engaged in banking or financial services, and collective investment vehicles such as mutual funds and exchange-traded funds that invest in companies that are principally engaged in banking and financial services.. More on Emerald Banking And
Moving together with Emerald Mutual Fund
| 1.0 | FFBFX | Emerald Banking And | PairCorr |
Moving against Emerald Mutual Fund
| 0.41 | EFCIX | Emerald Insights | PairCorr |
Emerald 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. Emerald Banking's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Emerald Banking or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Emerald Funds, Large Funds, Financial Funds, Financial, Emerald (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of August 2022 |
| Fiscal Year End | April |
Emerald Banking And [HSSAX] is traded in USA and was established 19th of April 2024. Emerald Banking is listed under Emerald category by Fama And French industry classification. The fund is listed under Financial category and is part of Emerald family. This fund currently has accumulated 63.05 M in assets under management (AUM) with no minimum investment requirementsEmerald Banking And is currently producing year-to-date (YTD) return of 3.02%, while the total return for the last 3 years was -22.16%.
Check Emerald Banking Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Emerald Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Emerald Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Emerald Banking And Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Emerald Banking And Mutual Fund Constituents
| FINW | Finwise Bancorp | Stock | Financials |
| PPBI | Pacific Premier Bancorp | Stock | Financials |
| TBBK | The Bancorp | Stock | Financials |
| WAL | Western Alliance Bancorporation | Stock | Financials |
| COOP | Mr Cooper Group | Stock | Financials |
| EWBC | East West Bancorp | Stock | Financials |
| LPRO | Open Lending Corp | Stock | Financials |
Emerald Banking Target Price Odds Analysis
Based on a normal probability distribution, the odds of Emerald Banking jumping above the current price in 90 days from now is about 97.0%. The Emerald Banking And probability density function shows the probability of Emerald Banking mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.3729. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Emerald Banking will likely underperform. Additionally, emerald Banking And 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 Emerald Banking to move above the current price in 90 days from now is about 97.0 (This Emerald Banking And probability density function shows the probability of Emerald Mutual Fund to fall within a particular range of prices over 90 days) .
Emerald Banking And Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Emerald Banking market risk premium is the additional return an investor will receive from holding Emerald Banking 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 Emerald Banking. 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 Emerald Banking's alpha and beta are two of the key measurements used to evaluate Emerald Banking's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.08 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.28 | |||
| Risk Adjusted Performance | (0.04) |
Emerald Banking Against Markets
Picking the right benchmark for Emerald Banking 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 Emerald Banking 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 Emerald Banking is critical whether you are bullish or bearish towards Emerald Banking And at a given time. Please also check how Emerald Banking'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 Emerald Banking 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 Emerald Mutual Fund?
Before investing in Emerald Banking, 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 Emerald Banking. To buy Emerald Banking fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Emerald Banking. 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 Emerald Banking fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Emerald Banking And 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 Emerald Banking And 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 Emerald Banking And, 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 Emerald Banking And?
The danger of trading Emerald Banking And 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 Emerald Banking 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 Emerald Banking. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Emerald Banking And 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Emerald Banking And. 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 nation. Note that the Emerald Banking And information on this page should be used as a complementary analysis to other Emerald Banking's 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.