Cornerstone Equity Fund Quote
UCEQX Fund | USD 16.93 0.14 0.83% |
Performance16 of 100
| Odds Of DistressLess than 33
|
Cornerstone Equity is trading at 16.93 as of the 28th of March 2024; that is 0.83 percent increase since the beginning of the trading day. The fund's open price was 16.79. Cornerstone Equity has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Cornerstone Equity Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its assets in a selection of affiliated mutual funds and exchange-traded funds that invest primarily in equity securities. The underlying affiliated funds consist of a long-term target asset allocation in equity securities. More on Cornerstone Equity Fund
Moving together with Cornerstone Mutual Fund
0.98 | STFGX | State Farm Growth | PairCorr |
0.96 | VDSCX | Victory Diversified Stock | PairCorr |
0.92 | REMGX | Victory Sophus Emerging | PairCorr |
1.0 | URFRX | Target Retirement 2040 | PairCorr |
0.97 | URFFX | Target Retirement 2050 | PairCorr |
0.89 | UINQX | Usaa Nasdaq 100 | PairCorr |
Cornerstone 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. Cornerstone Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cornerstone Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Victory Capital Funds, Large Blend Funds, World Large-Stock Blend Funds, World Large-Stock Blend, Victory Capital (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 1st of July 2023 |
Fiscal Year End | February |
Cornerstone Equity Fund [UCEQX] is traded in USA and was established 28th of March 2024. Cornerstone Equity is listed under Victory Capital category by Fama And French industry classification. The fund is listed under World Large-Stock Blend category and is part of Victory Capital family. This fund at this time has accumulated 209.37 M in net assets with minimum initial investment of 500. Cornerstone Equity Fund is currently producing year-to-date (YTD) return of 7.67% with the current yeild of 0.02%, while the total return for the last 3 years was 6.33%.
Check Cornerstone Equity 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 Cornerstone 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 Cornerstone 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 Cornerstone Equity 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 Cornerstone Equity Fund Mutual Fund Constituents
UEVM | VictoryShares Emerging Markets | Etf | Diversified Emerging Mkts |
UIAGX | Aggressive Growth Fund | Mutual Fund | Large Growth |
UIEMX | Emerging Markets Fund | Mutual Fund | Diversified Emerging Mkts |
UIGRX | Growth Fund Growth | Mutual Fund | Large Growth |
UIIFX | International Fund International | Mutual Fund | Foreign Large Blend |
UIISX | Income Stock Fund | Mutual Fund | Large Value |
UIVAX | Value Fund Value | Mutual Fund | Large Value |
Cornerstone Equity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Cornerstone Equity jumping above the current price in 90 days from now is roughly 2.65%. The Cornerstone Equity Fund probability density function shows the probability of Cornerstone Equity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Cornerstone Equity has a beta of 0.9583. This usually implies Cornerstone Equity Fund market returns are sensitive to returns on the market. As the market goes up or down, Cornerstone Equity is expected to follow. Additionally, cornerstone Equity Fund has an alpha of 0.007, implying that it can generate a 0.007017 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cornerstone Equity to move above the current price in 90 days from now is roughly 2.65 (This Cornerstone Equity Fund probability density function shows the probability of Cornerstone Mutual Fund to fall within a particular range of prices over 90 days) .
Cornerstone Equity Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cornerstone Equity market risk premium is the additional return an investor will receive from holding Cornerstone Equity 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 Cornerstone Equity. 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 Cornerstone Equity's alpha and beta are two of the key measurements used to evaluate Cornerstone Equity's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.5114 | |||
Semi Deviation | 0.4346 | |||
Standard Deviation | 0.6842 | |||
Variance | 0.4682 |
Cornerstone Equity Against Markets
Picking the right benchmark for Cornerstone Equity 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 Cornerstone Equity 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 Cornerstone Equity is critical whether you are bullish or bearish towards Cornerstone Equity Fund at a given time. Please also check how Cornerstone Equity'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 Cornerstone Equity 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 Cornerstone Mutual Fund?
Before investing in Cornerstone Equity, 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 Cornerstone Equity. To buy Cornerstone Equity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cornerstone Equity. 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 Cornerstone Equity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cornerstone Equity 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 Cornerstone Equity 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 Cornerstone Equity 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 Cornerstone Equity Fund?
The danger of trading Cornerstone Equity 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 Cornerstone Equity 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 Cornerstone Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cornerstone Equity 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 Cornerstone Equity 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 producer price index. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Cornerstone Mutual Fund analysis
When running Cornerstone Equity's price analysis, check to measure Cornerstone Equity'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 Cornerstone Equity is operating at the current time. Most of Cornerstone Equity's value examination focuses on studying past and present price action to predict the probability of Cornerstone Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cornerstone Equity's price. Additionally, you may evaluate how the addition of Cornerstone Equity to your portfolios can decrease your overall portfolio volatility.
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