Cornerstone Strategic Value Fund Quote
| CLM Fund | USD 7.50 0.04 0.54% |
Performance12 of 100
| Odds Of DistressLess than 14
|
Cornerstone Strategic is selling at 7.50 as of the 5th of May 2024; that is 0.54 percent up since the beginning of the trading day. The fund's lowest day price was 7.47. Cornerstone Strategic has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Cornerstone Strategic Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Cornerstone Strategic Value Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc. Cornerstone Strategic Value Fund, Inc. was formed on May 1, 1987 and is domiciled in the United States. Cornerstone Strategic operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.. The company has 117.88 M outstanding shares of which 11.32 M shares are currently shorted by investors with about 5.11 days to cover. More on Cornerstone Strategic Value
Moving together with Cornerstone Fund
| 0.86 | CUSHX | Columbia Ultra Short | PairCorr |
| 0.86 | CUSBX | Columbia Ultra Short | PairCorr |
| 0.71 | CDDYX | Columbia Dividend Income | PairCorr |
Cornerstone 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. Cornerstone Strategic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cornerstone Strategic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Ralph Bradshaw |
| Old Name | Enduro Metals Corporation |
| Fund Concentration | Columbia Funds, Large Blend Funds, HNX MidSmall Cap Funds, HNX Funds, Columbia, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of October 2019 |
| Fiscal Year End | May |
Cornerstone Strategic Value [CLM] is traded in USA and was established 5th of May 2024. Cornerstone Strategic is listed under Columbia category by Fama And French industry classification. The fund is classified under Columbia family. This fund currently has 2 B in assets under management (AUM) with no minimum investment requirementsCornerstone Strategic is currently generating return of 8.05% with the current yeild of 0.1%, while the total return for the last 3 years was 10.0%.
Check Cornerstone Strategic Probability Of Bankruptcy
Cornerstone Strategic Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Cornerstone Strategic jumping above the current price in 90 days from now is about 8.63%. The Cornerstone Strategic Value probability density function shows the probability of Cornerstone Strategic fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Cornerstone Strategic has a beta of 0.7287 suggesting as returns on the market go up, Cornerstone Strategic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cornerstone Strategic Value will be expected to be much smaller as well. Additionally, cornerstone Strategic Value has an alpha of 0.0872, implying that it can generate a 0.0872 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cornerstone Strategic to move above the current price in 90 days from now is about 8.63 (This Cornerstone Strategic Value probability density function shows the probability of Cornerstone Fund to fall within a particular range of prices over 90 days) .
Cornerstone Strategic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cornerstone Strategic market risk premium is the additional return an investor will receive from holding Cornerstone Strategic 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 Cornerstone Strategic. 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 Cornerstone Strategic's alpha and beta are two of the key measurements used to evaluate Cornerstone Strategic's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1118 | |||
| Jensen Alpha | 0.0872 | |||
| Total Risk Alpha | 0.0438 | |||
| Sortino Ratio | 0.0474 |
Cornerstone Strategic Against Markets
Picking the right benchmark for Cornerstone Strategic 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 Cornerstone Strategic 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 Cornerstone Strategic is critical whether you are bullish or bearish towards Cornerstone Strategic Value at a given time. Please also check how Cornerstone Strategic's historical prices are related to one of the top price index indicators.
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How to buy Cornerstone Fund?
Before investing in Cornerstone Strategic, 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 Cornerstone Strategic. To buy Cornerstone Strategic fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cornerstone Strategic. 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 Cornerstone Strategic fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cornerstone Strategic Value 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 Cornerstone Strategic Value 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 Cornerstone Strategic Value, 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 Cornerstone Strategic Value?
The danger of trading Cornerstone Strategic Value 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 Cornerstone Strategic 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 Cornerstone Strategic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cornerstone Strategic 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cornerstone Strategic Value. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.