Iman Fund Class Fund Quote
| IMANX Fund | USD 14.69 0.03 0.20% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Iman Fund is trading at 14.69 as of the 30th of April 2024; that is 0.20 percent up since the beginning of the trading day. The fund's open price was 14.66. Iman Fund has less than a 19 % 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 Iman Fund Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
The fund invests in common stocks and equity-related securities of domestic and foreign issuers that meet Islamic principles and whose prices the funds investment advisor anticipates will increase over the long term. Islamic principles generally preclude investments in certain businesses and investments in interest bearing debt obligations or businesses that derive interest income as their primary source of income.. More on Iman Fund Class
Moving together with Iman Mutual Fund
| 0.98 | FAFGX | American Funds | PairCorr |
| 0.98 | FFAFX | American Funds | PairCorr |
| 0.98 | GFACX | Growth Fund | PairCorr |
| 0.98 | GFAFX | Growth Fund | PairCorr |
| 0.98 | AGTHX | Growth Fund | PairCorr |
| 0.98 | CGFFX | Growth Fund | PairCorr |
Iman 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. Iman Fund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iman Fund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Allied Asset Funds, Large Growth Funds, Large Growth, Allied Asset (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of September 2022 |
| Fiscal Year End | May |
Iman Fund Class [IMANX] is traded in USA and was established 30th of April 2024. Iman Fund is listed under Allied Asset category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Allied Asset family. This fund currently has accumulated 154.06 M in assets under management (AUM) with minimum initial investment of 250. Iman Fund Class is currently producing year-to-date (YTD) return of 9.81%, while the total return for the last 3 years was 2.42%.
Check Iman Fund 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 Iman 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 Iman 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 Iman Fund Class 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 Iman Fund Class Mutual Fund Constituents
| NKTR | Nektar Therapeutics | Stock | Health Care |
| MDB | MongoDB | Stock | Information Technology |
| SYK | Stryker | Stock | Health Care |
| ILMN | Illumina | Stock | Health Care |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| JNJ | Johnson Johnson | Stock | Health Care |
| CL | Colgate Palmolive | Stock | Consumer Staples |
Iman Fund Target Price Odds Analysis
Based on a normal probability distribution, the odds of Iman Fund jumping above the current price in 90 days from now is about 44.18%. The Iman Fund Class probability density function shows the probability of Iman Fund mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1659. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Iman Fund will likely underperform. Additionally, iman Fund Class has an alpha of 0.0014, implying that it can generate a 0.001422 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Iman Fund to move above the current price in 90 days from now is about 44.18 (This Iman Fund Class probability density function shows the probability of Iman Mutual Fund to fall within a particular range of prices over 90 days) .
Iman Fund Class Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Iman Fund market risk premium is the additional return an investor will receive from holding Iman Fund 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 Iman Fund. 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 Iman Fund's alpha and beta are two of the key measurements used to evaluate Iman Fund's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7574 | |||
| Semi Deviation | 0.7747 | |||
| Standard Deviation | 0.9481 | |||
| Variance | 0.8989 |
Iman Fund Against Markets
Picking the right benchmark for Iman Fund 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 Iman Fund 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 Iman Fund is critical whether you are bullish or bearish towards Iman Fund Class at a given time. Please also check how Iman Fund'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 Iman Fund 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 Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
| All Next | Launch Module |
How to buy Iman Mutual Fund?
Before investing in Iman Fund, 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 Iman Fund. To buy Iman Fund fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iman Fund. 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 Iman Fund fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Iman Fund Class 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 Iman Fund Class 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 Iman Fund Class, 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 Iman Fund Class?
The danger of trading Iman Fund Class 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 Iman Fund 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 Iman Fund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iman Fund Class 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iman Fund Class. 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 board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.