Macquariefirst Tr Global Fund Quote
| MFD Fund | USD 7.13 0.07 0.99% |
Performance0 of 100
| Odds Of DistressLess than 18
|
Macquariefirst is trading at 7.13 as of the 19th of April 2024, a 0.99 percent increase since the beginning of the trading day. The fund's lowest day price was 7.03. Macquariefirst has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Macquariefirst Tr Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
MacquarieFirst Trust Global InfrastructureUtilities Dividend Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. MacquarieFirst Trust Global InfrastructureUtilities Dividend Income Fund was formed on March 25, 2004 and is domiciled in the United States. The company has 8.55 M outstanding shares of which 66.61 K shares are now shorted by investors with about 2.86 days to cover. More on Macquariefirst Tr Global
Moving together with Macquariefirst Fund
| 0.74 | DTW | DTE Energy | PairCorr |
Macquariefirst 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. Macquariefirst's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Macquariefirst or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Pres | Mark Bradley |
| Fund Concentration | Utilities Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Macquariefirst Tr Global [MFD] is traded in USA and was established 19th of April 2024. The fund is not categorized under any group at the present time. Macquariefirst Tr Global now has in assets with no minimum investment requirementsThe fund is currently generating return of 0.22% with the current yeild of 0.01%, while the total return for the last 3 years was 1.47%.
Macquariefirst Tr Global has about 7.45 M in cash with 2.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Check Macquariefirst Probability Of Bankruptcy
Macquariefirst Target Price Odds Analysis
What are Macquariefirst's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Macquariefirst jumping above the current price in 90 days from now is about 92.23%. The Macquariefirst Tr Global probability density function shows the probability of Macquariefirst fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Macquariefirst has a beta of 0.0666. This indicates as returns on the market go up, Macquariefirst average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Macquariefirst Tr Global will be expected to be much smaller as well. Additionally, macquariefirst Tr Global has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Macquariefirst to move above the current price in 90 days from now is about 92.23 (This Macquariefirst Tr Global probability density function shows the probability of Macquariefirst Fund to fall within a particular range of prices over 90 days) .
Macquariefirst Tr Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Macquariefirst market risk premium is the additional return an investor will receive from holding Macquariefirst 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 Macquariefirst. 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 Macquariefirst's alpha and beta are two of the key measurements used to evaluate Macquariefirst's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (1.62) |
Macquariefirst Against Markets
Picking the right benchmark for Macquariefirst 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 Macquariefirst 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 Macquariefirst is critical whether you are bullish or bearish towards Macquariefirst Tr Global at a given time. Please also check how Macquariefirst'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 Macquariefirst 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 Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
How to buy Macquariefirst Fund?
Before investing in Macquariefirst, 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 Macquariefirst. To buy Macquariefirst fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Macquariefirst. 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 Macquariefirst fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Macquariefirst Tr Global 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 Macquariefirst Tr Global 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 Macquariefirst Tr Global, 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 Macquariefirst Tr Global?
The danger of trading Macquariefirst Tr Global 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 Macquariefirst 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 Macquariefirst. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Macquariefirst Tr Global 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 Macquariefirst Tr Global. 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 Macquariefirst Tr Global information on this page should be used as a complementary analysis to other Macquariefirst'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.