Snow Capital Opportunity Fund Quote
SNOCX Fund | USD 31.47 0.42 1.32% |
Performance10 of 100
| Odds Of DistressLess than 38
|
Snow Capital is trading at 31.47 as of the 28th of March 2024; that is -1.32 percent decrease since the beginning of the trading day. The fund's open price was 31.89. Snow Capital has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Snow Capital Opportunity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of January 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests in equity securities, including common and preferred stocks, convertible securities, and shares of other investment companies and exchange-traded funds that invest in equity securities. It may invest in securities of companies of any size. More on Snow Capital Opportunity
Moving together with Snow Mutual Fund
0.9 | USG | USCF Gold Strategy Symbol Change | PairCorr |
0.95 | SNOAX | Snow Capital Opportunity | PairCorr |
0.95 | SNOIX | Snow Capital Opportunity | PairCorr |
0.89 | SNWAX | Snow Capital Small | PairCorr |
0.85 | SNWCX | Snow Capital Small | PairCorr |
0.88 | SNWIX | Snow Capital Small | PairCorr |
Snow 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. Snow Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Snow Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Snow Capital Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, Snow Capital Funds (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 28th of June 2021 |
Fiscal Year End | February |
Snow Capital Opportunity [SNOCX] is traded in USA and was established 28th of March 2024. Snow Capital is listed under Snow Capital Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Snow Capital Funds family. This fund at this time has accumulated 99.95 M in assets with no minimum investment requirementsSnow Capital Opportunity is currently producing year-to-date (YTD) return of 4.42% with the current yeild of 0.01%, while the total return for the last 3 years was 5.59%.
Check Snow Capital 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 Snow 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 Snow 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 Snow Capital Opportunity 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 Snow Capital Opportunity Mutual Fund Constituents
KSS | Kohls Corp | Stock | Consumer Discretionary |
PHM | PulteGroup | Stock | Consumer Discretionary |
ALLY | Ally Financial | Stock | Financials |
HAS | Hasbro Inc | Stock | Consumer Discretionary |
FDX | FedEx | Stock | Industrials |
CAH | Cardinal Health | Stock | Health Care |
IWB | IShares Russell 1000 | Etf | Large Blend |
Snow Capital Target Price Odds Analysis
Based on a normal probability distribution, the odds of Snow Capital jumping above the current price in 90 days from now is about 1.05%. The Snow Capital Opportunity probability density function shows the probability of Snow Capital mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Snow Capital Opportunity has a beta of -0.1359. This usually implies as returns on benchmark increase, returns on holding Snow Capital are expected to decrease at a much lower rate. During the bear market, however, Snow Capital Opportunity is likely to outperform the market. Additionally, snow Capital Opportunity has an alpha of 0.1002, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Snow Capital to move above the current price in 90 days from now is about 1.05 (This Snow Capital Opportunity probability density function shows the probability of Snow Mutual Fund to fall within a particular range of prices over 90 days) .
Snow Capital Opportunity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Snow Capital market risk premium is the additional return an investor will receive from holding Snow Capital 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 Snow Capital. 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 Snow Capital's alpha and beta are two of the key measurements used to evaluate Snow Capital's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4072 | |||
Semi Deviation | 0.4444 | |||
Standard Deviation | 0.5455 | |||
Variance | 0.2976 |
Snow Capital Against Markets
Picking the right benchmark for Snow Capital 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 Snow Capital 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 Snow Capital is critical whether you are bullish or bearish towards Snow Capital Opportunity at a given time. Please also check how Snow Capital'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 Snow Capital 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 Snow Mutual Fund?
Before investing in Snow Capital, 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 Snow Capital. To buy Snow Capital fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Snow Capital. 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 Snow Capital fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Snow Capital Opportunity 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 Snow Capital Opportunity 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 Snow Capital Opportunity, 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 Snow Capital Opportunity?
The danger of trading Snow Capital Opportunity 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 Snow Capital 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 Snow Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Snow Capital Opportunity 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Snow Capital Opportunity. 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 main economic indicators. Note that the Snow Capital Opportunity information on this page should be used as a complementary analysis to other Snow Capital'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Snow Mutual Fund analysis
When running Snow Capital's price analysis, check to measure Snow Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snow Capital is operating at the current time. Most of Snow Capital's value examination focuses on studying past and present price action to predict the probability of Snow Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snow Capital's price. Additionally, you may evaluate how the addition of Snow Capital to your portfolios can decrease your overall portfolio volatility.
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