Hood River Small Cap Fund Quote
| HRSRX Fund | USD 58.66 0.62 1.05% |
Performance8 of 100
| Odds Of DistressLess than 20
|
Hood River is trading at 58.66 as of the 19th of April 2024; that is -1.05% down since the beginning of the trading day. The fund's open price was 59.28. Hood River 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 Hood River Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
The fund, under normal market conditions, invests at least 80 percent of its net assets plus any borrowings for investment purposes in common stocks of U.S. corporations that are judged by Hood River to have strong growth characteristics or to be undervalued in the marketplace relative to underlying profitability and have a market capitalization which, at the time of purchase, is consistent with the capitalization ranges of the SP SmallCap 600 Index and the Russell 2000 Growth Index .. More on Hood River Small Cap
Moving together with Hood Mutual Fund
| 0.94 | HRIOX | Manager Directed Por | PairCorr |
| 1.0 | HRSIX | Hood River Small | PairCorr |
| 1.0 | HRSMX | Hood River Small | PairCorr |
| 0.95 | VSGAX | Vanguard Small Cap | PairCorr |
| 0.95 | VSGIX | Vanguard Small Cap | PairCorr |
| 0.95 | VISGX | Vanguard Small Cap | PairCorr |
Hood 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. Hood River's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hood River or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Hood River Capital Management Funds, Large Funds, Small Growth Funds, Small Growth, Hood River Capital Management, Large, Small Growth (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of October 2022 |
| Fiscal Year End | June |
Hood River Small Cap [HRSRX] is traded in USA and was established 19th of April 2024. Hood River is listed under Hood River Capital Management category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Hood River Capital Management family. This fund currently has accumulated 1.38 B in assets under management (AUM) with no minimum investment requirementsHood River Small is currently producing year-to-date (YTD) return of 9.42%, while the total return for the last 3 years was 1.02%.
Check Hood River 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 Hood 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 Hood 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 Hood River Small Cap 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 Hood River Small Cap Mutual Fund Constituents
| NUVA | NuVasive | Stock | Health Care |
| CZR | Caesars Entertainment | Stock | Consumer Discretionary |
| BEAT | Heartbeam | Stock | Health Care |
| FCFS | FirstCash | Stock | Financials |
| LLNW | Limelight Networks | Stock | Software—Infrastructure |
| ODFL | Old Dominion Freight | Stock | Industrials |
| SAGE | Sage Therapeutic | Stock | Health Care |
Hood River Target Price Odds Analysis
Based on a normal probability distribution, the odds of Hood River jumping above the current price in 90 days from now is about 56.71%. The Hood River Small Cap probability density function shows the probability of Hood River 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 1.6581. 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, Hood River will likely underperform. Additionally, hood River Small Cap has an alpha of 0.0303, implying that it can generate a 0.0303 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Hood River to move above the current price in 90 days from now is about 56.71 (This Hood River Small Cap probability density function shows the probability of Hood Mutual Fund to fall within a particular range of prices over 90 days) .
Hood River Small Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hood River market risk premium is the additional return an investor will receive from holding Hood River 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 Hood River. 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 Hood River's alpha and beta are two of the key measurements used to evaluate Hood River's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.17 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.74 |
Hood River Against Markets
Picking the right benchmark for Hood River 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 Hood River 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 Hood River is critical whether you are bullish or bearish towards Hood River Small Cap at a given time. Please also check how Hood River'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 Hood River 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 Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Hood Mutual Fund?
Before investing in Hood River, 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 Hood River. To buy Hood River fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hood River. 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 Hood River fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hood River Small Cap 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 Hood River Small Cap 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 Hood River Small Cap, 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 Hood River Small Cap?
The danger of trading Hood River Small Cap 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 Hood River 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 Hood River. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hood River Small 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 Hood River Small Cap. 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 metropolitan statistical area. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.