Homestead Intermediate Competition

HOIBX Fund

USD 4.58 0.01 0.22%

Homestead Intermediate competes with International Equity, Growth Fund, Short-term Bond, Short-term Government, and Value Fund; as well as few others. The fund is listed under Intermediate Core Bond category and is part of Homestead family. Analyzing Homestead Intermediate competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Homestead Intermediate to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Homestead Intermediate Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Homestead Intermediate competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
4.27	4.58	4.89

Details

Intrinsic

Valuation

Low	Real	High
4.17	4.48	4.79

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Homestead Intermediate. Your research has to be compared to or analyzed against Homestead Intermediate's peers to derive any actionable benefits. When done correctly, Homestead Intermediate's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Homestead Intermediate.

Homestead Intermediate Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Homestead Intermediate and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Homestead and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Homestead Intermediate does not affect the price movement of the other competitor.

	HISIX	HNASX	HOSBX	HOSGX	HOVLX	HSCSX	HSTIX
HISIX		-0.52	0.57	0.67	-0.35	-0.53	-0.41	HISIX
HNASX	-0.52		-0.56	-0.68	0.92	0.92	0.98	HNASX
HOSBX	0.57	-0.56		0.95	-0.42	-0.61	-0.5	HOSBX
HOSGX	0.67	-0.68	0.95		-0.53	-0.72	-0.6	HOSGX
HOVLX	-0.35	0.92	-0.42	-0.53		0.92	0.96	HOVLX
HSCSX	-0.53	0.92	-0.61	-0.72	0.92		0.91	HSCSX
HSTIX	-0.41	0.98	-0.5	-0.6	0.96	0.91		HSTIX
	HISIX	HNASX	HOSBX	HOSGX	HOVLX	HSCSX	HSTIX

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High positive correlations

HSTIX	+ 0.98	HNASX
HSTIX	+ 0.96	HOVLX
HOSGX	+ 0.95	HOSBX
HOVLX	+ 0.92	HNASX
HSCSX	+ 0.92	HNASX
HSCSX	+ 0.92	HOVLX

High negative correlations

HSCSX	- 0.72	HOSGX
HOSGX	- 0.68	HNASX
HSCSX	- 0.61	HOSBX
HSTIX	- 0.6	HOSGX
HOSBX	- 0.56	HNASX
HOVLX	- 0.53	HOSGX

Risk-Adjusted Indicators

There is a big difference between Homestead Mutual Fund performing well and Homestead Intermediate Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Homestead Intermediate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
HISIX	0.62	(0.14)	0.00	(0.19)	0.00	0.00	1.38	(1.43)	4.16
HNASX	0.67	0.00	(0.02)	0.11	0.99	(0.64)	1.47	(1.98)	4.73
HOSBX	0.09	0.00	(0.54)	0.21	0.10	(0.23)	0.20	(0.20)	0.61
HOSGX	0.11	(0.01)	(0.51)	0.27	0.14	(0.23)	0.20	(0.20)	1.00
HOVLX	0.51	(0.02)	(0.06)	0.10	0.44	(0.58)	1.08	(0.91)	3.41
HSCSX	0.91	(0.02)	0.03	0.10	0.93	(1.07)	2.00	(1.53)	7.23
HSTIX	0.54	(0.01)	(0.04)	0.11	0.66	(0.58)	1.17	(1.32)	3.86

Unable to evaluate fundamental data of [HISIX, HNASX, HOSBX, HOSGX, HOVLX, HSCSX, HSTIX] at this time. Please try again later

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Homestead Intermediate Competitive Analysis

The better you understand Homestead Intermediate competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Homestead Intermediate's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Homestead Intermediate's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	HOIBX	HISIX	HNASX	HOSBX	HOSGX	HOVLX	HSCSX	HSTIX
	0.22 4.58 Homestead	0.41 9.82 International	1.02 19.72 Growth	0.20 4.93 Short-term	0.40 4.98 Short-term	0.03 57.87 Value	0.40 29.79 Small-company	0.57 43.86 Stock
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	OK	Weak	Very Weak	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Hold	Strong Hold	Sell	Sell	Strong Hold	Strong Hold	Strong Hold
Net Asset	38.31 M	89.14 M	225.23 M	466.62 M	76.66 M	912.72 M	249.47 M	156.34 M
Minimum Initial Investment	500	500	500	500	500	500	500	500
Price To Book	N/A	2.49 X	4.03 X	N/A	N/A	2.28 X	1.89 X	2.04 X
Five Year Return	0.24 %	6.09 %	16.81 %	1.48 %	0.95 %	12.42 %	11.47 %	15.20 %
One Year Return	6.75 %	8.65 %	36.35 %	6.00 %	4.73 %	27.23 %	30.05 %	32.20 %
Last Dividend Paid	0.01	0.01	N/A	N/A	N/A	0.27	N/A	0.01
Price To Earning	N/A	20.38 X	24.45 X	N/A	N/A	18.17 X	16.52 X	14.28 X
Price To Sales	N/A	1.80 X	2.19 X	N/A	N/A	1.90 X	0.79 X	1.36 X
Cash Position Weight	6.93 %	3.52 %	0.56 %	3.32 %	2.53 %	1.76 %	1.50 %	N/A
Equity Positions Weight	N/A	96.48 %	99.44 %	N/A	N/A	98.24 %	98.50 %	N/A
Three Year Return	(1.95) %	(1.16) %	8.69 %	1.00 %	0.59 %	9.13 %	3.64 %	9.61 %
Annual Yield	0 %	0.01 %	N/A	0 %	0 %	0.01 %	0.0008 %	0 %
Year To Date Return	1.99 %	2.00 %	31.28 %	3.69 %	2.73 %	19.98 %	16.24 %	26.14 %
Bond Positions Weight	90.55 %	N/A	N/A	94.16 %	97.47 %	N/A	N/A	N/A
Ten Year Return	N/A	5.84 %	16.68 %	2.48 %	1.50 %	11.35 %	8.45 %	12.55 %
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T
Day Typical Price	4.58	9.82	19.72	4.93	4.98	57.87	29.79	43.86
Period Momentum Indicator	(0.01)	(0.04)	0.2	0.01	0.02	0.02	(0.12)	0.25
Rate Of Daily Change	1.0	1.0	1.01	1.0	1.0	1.0	1.0	1.01
Day Median Price	4.58	9.82	19.72	4.93	4.98	57.87	29.79	43.86
Price Action Indicator	(0.01)	(0.02)	0.1	0.005	0.01	0.01	(0.06)	0.13
Coefficient Of Variation	(1,941)	(1,063)	937.21	4661.96	120513.76	734.56	813.88	782.1
Mean Deviation	0.2244	0.6237	0.6657	0.0908	0.1093	0.5077	0.9099	0.5425
Jensen Alpha	(0.02)	(0.14)	(0)	(0)	(0.01)	(0.02)	(0.02)	(0.01)
Total Risk Alpha	(0.07)	(0.22)	(0.06)	(0.03)	(0.04)	(0.02)	(0.05)	(0.03)
Sortino Ratio	N/A	N/A	(0.02)	(0.54)	(0.51)	(0.06)	0.0259	(0.04)
Downside Variance	N/A	N/A	1.53	0.0544	0.0638	0.3536	1.25	0.719
Standard Deviation	0.3095	0.8231	0.968	0.1485	0.1684	0.6831	1.28	0.7658
Kurtosis	0.9467	0.9289	1.33	0.9812	1.59	2.71	5.38	2.1
Potential Upside	0.4338	1.38	1.47	0.2033	0.2016	1.08	2.0	1.17
Treynor Ratio	0.564	(0.19)	0.1131	0.2071	0.2679	0.0996	0.1032	0.1055
Maximum Drawdown	1.29	4.16	4.73	0.6102	0.9972	3.41	7.23	3.86
Variance	0.0958	0.6774	0.9371	0.022	0.0284	0.4666	1.65	0.5865
Market Risk Adjusted Performance	0.574	(0.18)	0.1231	0.2171	0.2779	0.1096	0.1132	0.1155
Risk Adjusted Performance	(0.05)	(0.07)	0.0837	(0.03)	(0.03)	0.1029	0.0979	0.0977
Skewness	(0.06)	0.3031	(0.57)	0.2314	(0.30)	0.6817	1.04	(0.22)
Semi Deviation	N/A	N/A	0.9919	0.0964	0.1393	0.4446	0.9321	0.6622
Information Ratio	(0.47)	(0.25)	(0.03)	(0.84)	(0.76)	(0.05)	0.0226	(0.04)
Value At Risk	(0.65)	(1.43)	(1.98)	(0.20)	(0.20)	(0.91)	(1.53)	(1.32)
Expected Short fall	N/A	N/A	(0.64)	(0.23)	(0.23)	(0.58)	(1.07)	(0.58)
Downside Deviation	N/A	N/A	1.24	0.2332	0.2527	0.5946	1.12	0.8479
Semi Variance	N/A	N/A	0.9838	0.0093	0.0194	0.1977	0.8688	0.4386

Homestead Intermediate Competition Performance Charts

Five steps to successful analysis of Homestead Intermediate Competition

Homestead Intermediate's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Homestead Intermediate in relation to its competition. Homestead Intermediate's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Homestead Intermediate in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Homestead Intermediate's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Homestead Intermediate, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Homestead Intermediate position

In addition to having Homestead Intermediate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Social Domain

New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Social Domain Theme or any other thematic opportunities.

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Other Information on Investing in Homestead Mutual Fund

Homestead Intermediate financial ratios help investors to determine whether Homestead Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Homestead with respect to the benefits of owning Homestead Intermediate security.

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