Kopernik International Fund Quote
| KGIRX Fund | USD 13.59 0.04 0.30% |
Performance10 of 100
| Odds Of DistressLess than 17
|
Kopernik International is trading at 13.59 as of the 19th of April 2024; that is 0.30 percent increase since the beginning of the trading day. The fund's open price was 13.55. Kopernik International has less than a 17 % 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 Kopernik International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2023 and ending today, the 19th of April 2024. Click here to learn more.
The fund, under normal market conditions, will invest primarily in equity securities of companies located throughout the world. The equity securities in which the fund plans to invest include common and preferred stock, convertible securities, depositary receipts, and private placements. More on Kopernik International
Moving together with Kopernik Mutual Fund
| 0.93 | KGGIX | Kopernik Global All | PairCorr |
| 0.93 | KGGAX | Kopernik Global All | PairCorr |
| 1.0 | KGIIX | Kopernik International | PairCorr |
| 0.73 | DOXFX | Dodge Cox International | PairCorr |
| 0.73 | DODFX | Dodge International Stock | PairCorr |
Kopernik 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. Kopernik International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kopernik International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Kopernik Funds, Large Value Funds, Foreign Large Value Funds, Foreign Large Value, Kopernik (View all Sectors) |
| Update Date | 31st of March 2024 |
Kopernik International [KGIRX] is traded in USA and was established 19th of April 2024. Kopernik International is listed under Kopernik category by Fama And French industry classification. The fund is listed under Foreign Large Value category and is part of Kopernik family. This fund now has accumulated 144.6 M in assets with minimum initial investment of 3 K. Kopernik International is currently producing year-to-date (YTD) return of 0.37% with the current yeild of 0.04%, while the total return for the last 3 years was 1.54%.
Check Kopernik International 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 Kopernik 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 Kopernik 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 Kopernik International 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 Kopernik International Mutual Fund Constituents
| RGLD | Royal Gold | Stock | Materials |
| NG | NovaGold Resources | Stock | Materials |
| SIBN | Si Bone | Stock | Health Care |
Kopernik International Target Price Odds Analysis
Based on a normal probability distribution, the odds of Kopernik International jumping above the current price in 90 days from now is about 12.17%. The Kopernik International probability density function shows the probability of Kopernik International mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Kopernik International has a beta of 0.4165. This indicates as returns on the market go up, Kopernik International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kopernik International will be expected to be much smaller as well. Additionally, kopernik International has an alpha of 3.0E-4, implying that it can generate a 2.81E-4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kopernik International to move above the current price in 90 days from now is about 12.17 (This Kopernik International probability density function shows the probability of Kopernik Mutual Fund to fall within a particular range of prices over 90 days) .
Kopernik International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kopernik International market risk premium is the additional return an investor will receive from holding Kopernik International 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 Kopernik International. 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 Kopernik International's alpha and beta are two of the key measurements used to evaluate Kopernik International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5149 | |||
| Semi Deviation | 0.6062 | |||
| Standard Deviation | 0.6369 | |||
| Variance | 0.4056 |
Kopernik International Against Markets
Picking the right benchmark for Kopernik International 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 Kopernik International 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 Kopernik International is critical whether you are bullish or bearish towards Kopernik International at a given time. Please also check how Kopernik International'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 Kopernik International 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 Kopernik Mutual Fund?
Before investing in Kopernik International, 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 Kopernik International. To buy Kopernik International fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kopernik International. 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 Kopernik International fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kopernik International 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 Kopernik International 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 Kopernik International, 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 Kopernik International?
The danger of trading Kopernik International 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 Kopernik International 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 Kopernik International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kopernik International 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 Kopernik International. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.