Astor Star Fund Quote
| STARX Fund | USD 14.60 0.03 0.21% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Astor Star is trading at 14.60 as of the 19th of April 2024; that is -0.21 percent decrease since the beginning of the trading day. The fund's open price was 14.63. Astor Star has about a 20 % 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 Astor Star Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests predominantly in exchange-traded funds that each invest primarily in equity securities, fixed-income securities, or cash equivalents. It defines equity securities to include ETFs that invest primarily in equity securities, such as common and preferred stocks. More on Astor Star Fund
Moving together with Astor Mutual Fund
| 1.0 | ASPGX | Astor Star Fund | PairCorr |
| 0.98 | ASTIX | Astor Longshort | PairCorr |
| 0.94 | ASTLX | Astor Longshort | PairCorr |
| 0.98 | ASTZX | Astor Longshort | PairCorr |
| 0.97 | CSPGX | Astor Star Fund | PairCorr |
Moving against Astor Mutual Fund
| 0.76 | ASTMX | Astor Macro Alternative | PairCorr |
| 0.75 | GBLMX | Astor Macro Alternative | PairCorr |
Astor 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. Astor Star's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astor Star or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Astor Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, Astor (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of November 2022 |
| Fiscal Year End | July |
Astor Star Fund [STARX] is traded in USA and was established 19th of April 2024. Astor Star is listed under Astor category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Astor family. This fund at this time has accumulated 20.67 M in assets with minimum initial investment of 5 K. Astor Star Fund is currently producing year-to-date (YTD) return of 3.71% with the current yeild of 0.02%, while the total return for the last 3 years was 4.2%.
Check Astor Star 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 Astor 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 Astor 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 Astor Star Fund 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 Astor Star Fund Mutual Fund Constituents
| OGIG | OShares Global Internet | Etf | Technology |
| XLY | Consumer Discretionary Select | Etf | Consumer Cyclical |
| XLV | Health Care Select | Etf | Health |
| XLRE | The Real Estate | Etf | Real Estate |
| XLP | Consumer Staples Select | Etf | Consumer Defensive |
| XLI | Industrial Select Sector | Etf | Industrials |
| XLF | Financial Select Sector | Etf | Financial |
Astor Star Target Price Odds Analysis
Based on a normal probability distribution, the odds of Astor Star jumping above the current price in 90 days from now is about 55.89%. The Astor Star Fund probability density function shows the probability of Astor Star mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Astor Star has a beta of 0.0044. This usually implies as returns on the market go up, Astor Star average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Astor Star Fund will be expected to be much smaller as well. Additionally, astor Star Fund has an alpha of 0.0318, implying that it can generate a 0.0318 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Astor Star to move above the current price in 90 days from now is about 55.89 (This Astor Star Fund probability density function shows the probability of Astor Mutual Fund to fall within a particular range of prices over 90 days) .
Astor Star Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Astor Star market risk premium is the additional return an investor will receive from holding Astor Star 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 Astor Star. 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 Astor Star's alpha and beta are two of the key measurements used to evaluate Astor Star's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3744 | |||
| Semi Deviation | 0.4164 | |||
| Standard Deviation | 0.4639 | |||
| Variance | 0.2152 |
Astor Star Against Markets
Picking the right benchmark for Astor Star 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 Astor Star 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 Astor Star is critical whether you are bullish or bearish towards Astor Star Fund at a given time. Please also check how Astor Star'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 Astor Star 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Astor Mutual Fund?
Before investing in Astor Star, 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 Astor Star. To buy Astor Star fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Astor Star. 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 Astor Star fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Astor Star 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 Astor Star 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 Astor Star 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 Astor Star Fund?
The danger of trading Astor Star 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 Astor Star 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 Astor Star. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astor Star Fund 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 Astor Star 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 metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.