Cornercap Small Cap Value Fund Quote
| CSCVX Fund | USD 13.95 0.07 0.50% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Cornercap Small is trading at 13.95 as of the 1st of May 2024; that is 0.50 percent up since the beginning of the trading day. The fund's open price was 13.88. Cornercap Small has about a 22 % 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 Cornercap Small Cap Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
The fund normally invests more than 80 percent of its net assets in equity securities of small-cap U.S. companies. The Adviser defines small-cap companies as those companies with market capitalizations within the range of the Russell 2000 Index at the time of purchase. More on Cornercap Small Cap Value
Moving together with Cornercap Mutual Fund
| 0.86 | CMCRX | Cornercap Largemid Cap | PairCorr |
| 1.0 | CSCJX | Cornercap Small Cap | PairCorr |
| 0.86 | VSIIX | Vanguard Small Cap | PairCorr |
| 0.86 | VISVX | Vanguard Small Cap | PairCorr |
| 0.9 | DFSVX | Us Small Cap | PairCorr |
Moving against Cornercap Mutual Fund
| 0.47 | DFTPX | Dfa Target Value | PairCorr |
| 0.47 | DFTVX | Dfa Inv Dimensions | PairCorr |
Cornercap 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. Cornercap Small's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cornercap Small or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | CornerCap Funds, Large Funds, Small Value Funds, Small Value, CornerCap, Large, Small Value (View all Sectors) |
| Update Date | 31st of March 2024 |
Cornercap Small Cap Value [CSCVX] is traded in USA and was established 1st of May 2024. Cornercap Small is listed under CornerCap category by Fama And French industry classification. The fund is listed under Small Value category and is part of CornerCap family. Cornercap Small Cap currently has accumulated 135.41 M in assets under management (AUM) with no minimum investment requirements with the current yeild of 0.0%, while the total return for the last 3 years was 10.21%.
Check Cornercap Small 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 Cornercap 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 Cornercap 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 Cornercap Small Cap Value 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 Cornercap Small Cap Value Mutual Fund Constituents
| TKR | Timken Company | Stock | Industrials |
| PRIM | Primoris Services | Stock | Industrials |
| APOG | Apogee Enterprises | Stock | Industrials |
| SNDR | Schneider National | Stock | Industrials |
| DAN | Dana Inc | Stock | Consumer Discretionary |
| CNO | CNO Financial Group | Stock | Financials |
| SR | Spire Inc | Stock | Utilities |
Cornercap Small Target Price Odds Analysis
Based on a normal probability distribution, the odds of Cornercap Small jumping above the current price in 90 days from now is about 65.28%. The Cornercap Small Cap Value probability density function shows the probability of Cornercap Small mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Cornercap Small Cap Value has a beta of -0.1108 suggesting as returns on the benchmark increase, returns on holding Cornercap Small are expected to decrease at a much lower rate. During a bear market, however, Cornercap Small Cap Value is likely to outperform the market. Additionally, cornercap Small Cap Value has an alpha of 0.0056, implying that it can generate a 0.005627 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cornercap Small to move above the current price in 90 days from now is about 65.28 (This Cornercap Small Cap Value probability density function shows the probability of Cornercap Mutual Fund to fall within a particular range of prices over 90 days) .
Cornercap Small Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cornercap Small market risk premium is the additional return an investor will receive from holding Cornercap Small 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 Cornercap Small. 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 Cornercap Small's alpha and beta are two of the key measurements used to evaluate Cornercap Small's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8988 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.39 |
Cornercap Small Against Markets
Picking the right benchmark for Cornercap Small 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 Cornercap Small 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 Cornercap Small is critical whether you are bullish or bearish towards Cornercap Small Cap Value at a given time. Please also check how Cornercap Small'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 Cornercap Small 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 Portfolio Backtesting Now
Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
| All Next | Launch Module |
How to buy Cornercap Mutual Fund?
Before investing in Cornercap Small, 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 Cornercap Small. To buy Cornercap Small fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cornercap Small. 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 Cornercap Small fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cornercap Small Cap 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 Cornercap Small Cap 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 Cornercap Small Cap 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 Cornercap Small Cap Value?
The danger of trading Cornercap Small Cap Value 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 Cornercap Small 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 Cornercap Small. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cornercap Small Cap 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 Cornercap Small Cap Value. 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 real. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.