Al Frank Fund Quote
| VALAX Fund | USD 25.77 0.02 0.08% |
Performance5 of 100
| Odds Of DistressLess than 20
|
Al Frank is trading at 25.77 as of the 20th of April 2024; that is 0.08 percent up since the beginning of the trading day. The fund's open price was 25.75. Al Frank 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 Al Frank Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Under normal market conditions, the Adviser selects equity securities that the adviser believes are out of favor and undervalued. The Adviser then attempts to purchase the securities and hold them until the adviser believes that the securities have reached their fair value. More on Al Frank Fund
Moving together with VALAX Mutual Fund
| 0.94 | VVIAX | Vanguard Value Index | PairCorr |
| 0.94 | DOXGX | Dodge Cox Stock | PairCorr |
| 0.9 | FFMMX | American Funds American | PairCorr |
| 0.94 | FFFMX | American Funds American | PairCorr |
| 0.9 | AMRMX | American Mutual | PairCorr |
| 0.95 | AMFFX | American Mutual | PairCorr |
VALAX 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. Al Frank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Al Frank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Al Frank Funds, Large Value Funds, Large Value, Al Frank (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Al Frank Fund [VALAX] is traded in USA and was established 20th of April 2024. Al Frank is listed under Al Frank category by Fama And French industry classification. The fund is listed under Large Value category and is part of Al Frank family. This fund at this time has accumulated 64.89 M in net assets with minimum initial investment of 100 K. Al Frank Fund is currently producing year-to-date (YTD) return of 5.18% with the current yeild of 0.01%, while the total return for the last 3 years was 3.27%.
Check Al Frank 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 VALAX 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 VALAX 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 Al Frank 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 Al Frank Fund Mutual Fund Constituents
| RCL | Royal Caribbean Cruises | Stock | Consumer Discretionary |
| ABT | Abbott Laboratories | Stock | Health Care |
| TFC | Truist Financial Corp | Stock | Financials |
| AAPL | Apple Inc | Stock | Information Technology |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
| NSC | Norfolk Southern | Stock | Industrials |
| MSFT | Microsoft | Stock | Information Technology |
Al Frank Target Price Odds Analysis
Based on a normal probability distribution, the odds of Al Frank jumping above the current price in 90 days from now is about 55.76%. The Al Frank Fund probability density function shows the probability of Al Frank mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Al Frank Fund has a beta of -0.0603. This entails as returns on the benchmark increase, returns on holding Al Frank are expected to decrease at a much lower rate. During a bear market, however, Al Frank Fund is likely to outperform the market. Additionally, al Frank Fund has an alpha of 0.0632, implying that it can generate a 0.0632 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Al Frank to move above the current price in 90 days from now is about 55.76 (This Al Frank Fund probability density function shows the probability of VALAX Mutual Fund to fall within a particular range of prices over 90 days) .
Al Frank Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Al Frank market risk premium is the additional return an investor will receive from holding Al Frank 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 Al Frank. 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 Al Frank's alpha and beta are two of the key measurements used to evaluate Al Frank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5447 | |||
| Semi Deviation | 0.7564 | |||
| Standard Deviation | 0.7208 | |||
| Variance | 0.5196 |
Al Frank Against Markets
Picking the right benchmark for Al Frank 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 Al Frank 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 Al Frank is critical whether you are bullish or bearish towards Al Frank Fund at a given time. Please also check how Al Frank'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 Al Frank 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 VALAX Mutual Fund?
Before investing in Al Frank, 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 Al Frank. To buy Al Frank fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Al Frank. 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 Al Frank fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Al Frank 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 Al Frank 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 Al Frank 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 Al Frank Fund?
The danger of trading Al Frank 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 Al Frank 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 Al Frank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Al Frank 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 Al Frank 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 nation. Note that the Al Frank Fund information on this page should be used as a complementary analysis to other Al Frank'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..