Vivaldi Merger Arbitrage Fund Quote
| VARBX Fund | USD 10.80 0.01 0.09% |
Performance27 of 100
| Odds Of DistressLess than 13
|
Vivaldi Merger is trading at 10.80 as of the 18th of April 2024; that is -0.09 percent decrease since the beginning of the trading day. The fund's open price was 10.81. Vivaldi Merger has less than a 13 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for Vivaldi Merger Arbitrage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of April 2023 and ending today, the 18th of April 2024. Click here to learn more.
Under normal market conditions, the funds adviser intends to invest in equity securities and derivatives thereof of companies that are involved in a significant corporate event, such as a merger or acquisition. Investments in companies undergoing a merger or acquisition have both risk and return characteristics that are different from the risks of investing in the general stock market. More on Vivaldi Merger Arbitrage
Moving together with Vivaldi Mutual Fund
| 0.68 | FDHIX | First Trust Short | PairCorr |
| 0.61 | FDHAX | First Trust Short | PairCorr |
| 1.0 | VARAX | Vivaldi Merger Arbitrage | PairCorr |
| 0.79 | FOVIX | First Trust/confluence | PairCorr |
| 0.78 | FOVCX | First Trust/confluence | PairCorr |
Vivaldi 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. Vivaldi Merger's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vivaldi Merger or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | First Trust Funds, Large Funds, Event Driven Funds, Event Driven, First Trust, Large, Event Driven (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Vivaldi Merger Arbitrage [VARBX] is traded in USA and was established 18th of April 2024. Vivaldi Merger is listed under First Trust category by Fama And French industry classification. The fund is listed under Event Driven category and is part of First Trust family. This fund at this time has accumulated 2.33 B in net assets with minimum initial investment of 500 K. Vivaldi Merger Arbitrage is currently producing year-to-date (YTD) return of 1.6% with the current yeild of 0.0%, while the total return for the last 3 years was 3.0%.
Check Vivaldi Merger 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 Vivaldi 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 Vivaldi 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 Vivaldi Merger Arbitrage 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 Vivaldi Merger Arbitrage Mutual Fund Constituents
| NXPI | NXP Semiconductors NV | Stock | Information Technology |
| TAK | Takeda Pharmaceutical Co | Stock | Health Care |
| FHN | First Horizon National | Stock | Financials |
| WOOF | Pet Acquisition LLC | Stock | Consumer Discretionary |
| MBLY | Mobileye Global Class | Stock | Consumer Discretionary |
| BDX | Becton Dickinson and | Stock | Health Care |
| EQT | EQT Corporation | Stock | Energy |
Vivaldi Merger Target Price Odds Analysis
Based on a normal probability distribution, the odds of Vivaldi Merger jumping above the current price in 90 days from now is about 9.0%. The Vivaldi Merger Arbitrage probability density function shows the probability of Vivaldi Merger mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Vivaldi Merger has a beta of 0.0175. This entails as returns on the market go up, Vivaldi Merger average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Vivaldi Merger Arbitrage will be expected to be much smaller as well. Additionally, vivaldi Merger Arbitrage has an alpha of 0.0104, implying that it can generate a 0.0104 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Vivaldi Merger to move above the current price in 90 days from now is about 9.0 (This Vivaldi Merger Arbitrage probability density function shows the probability of Vivaldi Mutual Fund to fall within a particular range of prices over 90 days) .
Vivaldi Merger Top Holders
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
| INCMX | Fundx Flexible Income | Mutual Fund | Multisector Bond |
Vivaldi Merger Arbitrage Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vivaldi Merger market risk premium is the additional return an investor will receive from holding Vivaldi Merger 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 Vivaldi Merger. 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 Vivaldi Merger's alpha and beta are two of the key measurements used to evaluate Vivaldi Merger's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0459 | |||
| Standard Deviation | 0.0563 | |||
| Variance | 0.0032 | |||
| Downside Variance | 0.0105 |
Vivaldi Merger Against Markets
Picking the right benchmark for Vivaldi Merger 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 Vivaldi Merger 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 Vivaldi Merger is critical whether you are bullish or bearish towards Vivaldi Merger Arbitrage at a given time. Please also check how Vivaldi Merger'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 Vivaldi Merger 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 Vivaldi Mutual Fund?
Before investing in Vivaldi Merger, 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 Vivaldi Merger. To buy Vivaldi Merger fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vivaldi Merger. 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 Vivaldi Merger fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Vivaldi Merger Arbitrage 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 Vivaldi Merger Arbitrage 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 Vivaldi Merger Arbitrage, 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 Vivaldi Merger Arbitrage?
The danger of trading Vivaldi Merger Arbitrage 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 Vivaldi Merger 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 Vivaldi Merger. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vivaldi Merger Arbitrage 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 Vivaldi Merger Arbitrage. 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 bureau of labor statistics. Note that the Vivaldi Merger Arbitrage information on this page should be used as a complementary analysis to other Vivaldi Merger'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.