Shelton Green Alpha Fund Quote
| NEXTX Fund | USD 30.53 0.18 0.59% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Shelton Green is trading at 30.53 as of the 19th of April 2024; that is 0.59 percent up since the beginning of the trading day. The fund's open price was 30.35. Shelton Green 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 Shelton Green Alpha 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.
Under normal market conditions, the fund invests 80 percent of the net assets of the fund in equities of Sustainable companies. It will invest in U.S. common and foreign stocks and American Depository Receipts . The fund may invest in companies of all sizes and seeks diversification by economic sector and geography.. More on Shelton Green Alpha
Moving together with Shelton Mutual Fund
| 0.81 | EMSLX | Shelton Emerging Markets | PairCorr |
| 0.79 | EMSQX | Shelton Emerging Markets | PairCorr |
| 0.74 | NQQQX | Shelton Funds | PairCorr |
| 0.73 | NASDX | Nasdaq 100 Index | PairCorr |
| 0.82 | EQTKX | Shelton E Value | PairCorr |
| 0.82 | EQTIX | Shelton E Value | PairCorr |
Shelton 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. Shelton Green's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shelton Green or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of January 2023 |
| Fiscal Year End | August |
Shelton Green Alpha [NEXTX] is traded in USA and was established 19th of April 2024. Shelton Green is listed under Shelton Capital Management category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Shelton Capital Management family. The entity is thematically classified as Alternative Energy. This fund now has accumulated 202.29 M in assets with minimum initial investment of 1 K. Shelton Green Alpha is currently producing year-to-date (YTD) return of 1.08% with the current yeild of 0.0%, while the total return for the last 3 years was -9.22%.
Check Shelton Green 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 Shelton 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 Shelton 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 Shelton Green Alpha 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 Shelton Green Alpha Mutual Fund Constituents
| UNFI | United Natural Foods | Stock | Consumer Staples |
| OLED | Universal Display | Stock | Information Technology |
| MRNA | Moderna | Stock | Health Care |
| VWDRY | Vestas Wind Systems | Pink Sheet | Specialty Industrial Machinery |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
| TPIC | TPI Composites | Stock | Industrials |
| NTLA | Intellia Therapeutics | Stock | Health Care |
Shelton Green Target Price Odds Analysis
Based on a normal probability distribution, the odds of Shelton Green jumping above the current price in 90 days from now is about 57.93%. The Shelton Green Alpha probability density function shows the probability of Shelton Green mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Shelton Green Alpha has a beta of -0.1094. This indicates as returns on the benchmark increase, returns on holding Shelton Green are expected to decrease at a much lower rate. During a bear market, however, Shelton Green Alpha is likely to outperform the market. Additionally, shelton Green Alpha has an alpha of 0.0189, implying that it can generate a 0.0189 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Shelton Green to move above the current price in 90 days from now is about 57.93 (This Shelton Green Alpha probability density function shows the probability of Shelton Mutual Fund to fall within a particular range of prices over 90 days) .
Shelton Green Alpha Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Shelton Green market risk premium is the additional return an investor will receive from holding Shelton Green 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 Shelton Green. 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 Shelton Green's alpha and beta are two of the key measurements used to evaluate Shelton Green's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8803 | |||
| Semi Deviation | 1.14 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.31 |
Shelton Green Against Markets
Picking the right benchmark for Shelton Green 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 Shelton Green 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 Shelton Green is critical whether you are bullish or bearish towards Shelton Green Alpha at a given time. Please also check how Shelton Green'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 Shelton Green 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 Shelton Mutual Fund?
Before investing in Shelton Green, 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 Shelton Green. To buy Shelton Green fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Shelton Green. 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 Shelton Green fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Shelton Green Alpha 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 Shelton Green Alpha 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 Shelton Green Alpha, 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 Shelton Green Alpha?
The danger of trading Shelton Green Alpha 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 Shelton Green 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 Shelton Green. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Shelton Green Alpha 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Shelton Green Alpha. 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 estimate. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.