Korea Closed Fund Quote
| KF Fund | USD 23.24 0.26 1.13% |
Performance10 of 100
| Odds Of DistressLess than 14
|
Korea Closed is trading at 23.24 as of the 19th of April 2024. This is a 1.13 percent increase since the beginning of the trading day. The fund's lowest day price was 23.19. Korea Closed has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Korea Closed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The Korea Fund, Inc. is a closed-ended equity mutual fund launched and managed by Allianz Global Investors U.S. The Korea Fund, Inc. was formed on August 29, 1984 and is domiciled in the United States. Korea Fund operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 5.04 M outstanding shares of which 888 shares are now sold short in the market by investors with about 0.06 days to cover all shorted shares. More on Korea Closed
Moving together with Korea Fund
| 0.86 | NXJ | Nuveen New Jersey | PairCorr |
| 0.9 | XNKGX | Nuveen Georgia Quality | PairCorr |
Moving against Korea Fund
| 0.71 | XPPRX | Voya Prime Rate | PairCorr |
Korea 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. Korea Closed's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Korea Closed or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Simon Crinage |
| Fund Concentration | Miscellaneous Region Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Korea Closed [KF] is traded in USA and was set up on 19th of April 2024. The fund is not categorized under any group at the moment. Korea Closed now reports in assets with no minimum investment requirementsThe fund is currently generating return of 0.42% with the current yeild of 0.37%, while the total return for the last 3 years was -8.29%.
Check Korea Closed Probability Of Bankruptcy
Korea Closed Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Korea Closed jumping above the current price in 90 days from now is about 58.44%. The Korea Closed probability density function shows the probability of Korea Closed fund to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the fund has a beta coefficient of 1.1448. This indicates Korea Closed market returns are reactive to returns on the market. As the market goes up or down, Korea Closed is expected to follow. Additionally, korea Closed has an alpha of 0.0567, implying that it can generate a 0.0567 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Korea Closed to move above the current price in 90 days from now is about 58.44 (This Korea Closed probability density function shows the probability of Korea Fund to fall within a particular range of prices over 90 days) .
Korea Closed Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Korea Closed market risk premium is the additional return an investor will receive from holding Korea Closed 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 Korea Closed. 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 Korea Closed's alpha and beta are two of the key measurements used to evaluate Korea Closed's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0729 | |||
| Jensen Alpha | 0.0567 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | 0.0543 |
Korea Closed Against Markets
Picking the right benchmark for Korea Closed 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 Korea Closed 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 Korea Closed is critical whether you are bullish or bearish towards Korea Closed at a given time. Please also check how Korea Closed'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 Korea Closed 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 Korea Fund?
Before investing in Korea Closed, 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 Korea Closed. To buy Korea Closed fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Korea Closed. 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 Korea Closed fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Korea Closed 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 Korea Closed 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 Korea Closed, 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 Korea Closed?
The danger of trading Korea Closed 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 Korea Closed 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 Korea Closed. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Korea Closed 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Closed. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Korea Closed information on this page should be used as a complementary analysis to other Korea Closed'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.