Reaves Utility If Fund Quote
| UTG Fund | USD 26.32 0.09 0.34% |
Performance4 of 100
| Odds Of DistressLess than 14
|
Reaves Utility is trading at 26.32 as of the 25th of April 2024. This is a 0.34 percent up since the beginning of the trading day. The fund's lowest day price was 26.09. Reaves Utility has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Reaves Utility If are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States. Reaves Utility operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.. The company has 68.53 M outstanding shares of which 20.74 K shares are at this time shorted by investors with about 0.08 days to cover. More on Reaves Utility If
Moving against Reaves Fund
| 0.64 | NOVA | Sunnova Energy Inter | PairCorr |
Reaves 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. Reaves Utility's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reaves Utility or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Jeremy Deems |
| Fund Concentration | Utilities Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Reaves Utility If [UTG] is traded in USA and was established 25th of April 2024. The fund is not listed under any group at the present time. Reaves Utility If at this time has in net assets with no minimum investment requirementsThe fund is currently generating return of 0.38% with the current yeild of 0.01%, while the total return for the last 3 years was -1.73%.
Reaves Utility If has about 70.17 K in cash with (261.1 M) of positive cash flow from operations.
Check Reaves Utility Probability Of Bankruptcy
Reaves Utility Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Reaves Utility jumping above the current price in 90 days from now is about 19.23%. The Reaves Utility If probability density function shows the probability of Reaves Utility fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Reaves Utility has a beta of 0.6733. This usually implies as returns on the market go up, Reaves Utility average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Reaves Utility If will be expected to be much smaller as well. Additionally, reaves Utility If 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 Reaves Utility to move above the current price in 90 days from now is about 19.23 (This Reaves Utility If probability density function shows the probability of Reaves Fund to fall within a particular range of prices over 90 days) .
Reaves Utility Top Holders
| RBNAX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| RBNCX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| RBNNX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
Reaves Utility If Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Reaves Utility market risk premium is the additional return an investor will receive from holding Reaves Utility 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 Reaves Utility. 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 Reaves Utility's alpha and beta are two of the key measurements used to evaluate Reaves Utility's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0349 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.06) |
Reaves Utility Against Markets
Picking the right benchmark for Reaves Utility 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 Reaves Utility 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 Reaves Utility is critical whether you are bullish or bearish towards Reaves Utility If at a given time. Please also check how Reaves Utility'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 Reaves Utility 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?
Run Equity Valuation Now
Equity ValuationCheck real value of public entities based on technical and fundamental data |
| All Next | Launch Module |
How to buy Reaves Fund?
Before investing in Reaves Utility, 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 Reaves Utility. To buy Reaves Utility fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Reaves Utility. 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 Reaves Utility fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Reaves Utility If 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 Reaves Utility If 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 Reaves Utility If, 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 Reaves Utility If?
The danger of trading Reaves Utility If is mainly related to its market volatility and 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 Reaves Utility 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 Reaves Utility. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Reaves Utility If 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 Reaves Utility If. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.