Altegrisaaca Opportunistic Real Fund Manager Performance Evaluation
| RAAAX Fund | USD 13.37 0.09 0.67% |
The fund shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altegrisaaca Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altegrisaaca Opportunistic is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Altegrisaaca Opportunistic Real has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Altegrisaaca Opportunistic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 2.9600 |
Altegrisaaca |
Altegrisaaca Opportunistic Relative Risk vs. Return Landscape
If you would invest 1,339 in Altegrisaaca Opportunistic Real on September 15, 2024 and sell it today you would lose (2.00) from holding Altegrisaaca Opportunistic Real or give up 0.15% of portfolio value over 90 days. Altegrisaaca Opportunistic Real is currently producing 0.0013% returns and takes up 0.8522% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Altegrisaaca, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altegrisaaca Opportunistic Current Valuation
Fairly Valued
Today
Please note that Altegrisaaca Opportunistic's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Altegrisaaca Opportunistic shows a prevailing Real Value of $13.36 per share. The current price of the fund is $13.37. We determine the value of Altegrisaaca Opportunistic from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Altegrisaaca Opportunistic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altegrisaaca Mutual Fund. However, Altegrisaaca Opportunistic's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.37 | Real 13.36 | Hype 13.37 |
The intrinsic value of Altegrisaaca Opportunistic's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altegrisaaca Opportunistic's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altegrisaaca Opportunistic Real helps investors to forecast how Altegrisaaca mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altegrisaaca Opportunistic more accurately as focusing exclusively on Altegrisaaca Opportunistic's fundamentals will not take into account other important factors: Altegrisaaca Opportunistic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altegrisaaca Opportunistic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Altegrisaaca Opportunistic Real, and traders can use it to determine the average amount a Altegrisaaca Opportunistic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0015
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RAAAX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altegrisaaca Opportunistic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Altegrisaaca Opportunistic by adding Altegrisaaca Opportunistic to a well-diversified portfolio.
Altegrisaaca Opportunistic Fundamentals Growth
Altegrisaaca Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Altegrisaaca Opportunistic, and Altegrisaaca Opportunistic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altegrisaaca Mutual Fund performance.
| Price To Earning | 27.50 X | ||||
| Price To Book | 2.08 X | ||||
| Price To Sales | 3.27 X | ||||
| Total Asset | 5.77 M | ||||
About Altegrisaaca Opportunistic Performance
Evaluating Altegrisaaca Opportunistic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Altegrisaaca Opportunistic has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altegrisaaca Opportunistic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in both long and short positions in equity securities of real estate companies and real estate related companies . It is non-diversified.Things to note about Altegrisaaca Opportunistic performance evaluation
Checking the ongoing alerts about Altegrisaaca Opportunistic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Altegrisaaca Opportunistic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -8.0% | |
| Altegrisaaca Opportunistic maintains 102.7% of its assets in stocks |
- Analyzing Altegrisaaca Opportunistic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altegrisaaca Opportunistic's stock is overvalued or undervalued compared to its peers.
- Examining Altegrisaaca Opportunistic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altegrisaaca Opportunistic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altegrisaaca Opportunistic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Altegrisaaca Opportunistic's mutual fund. These opinions can provide insight into Altegrisaaca Opportunistic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Altegrisaaca Mutual Fund
Altegrisaaca Opportunistic financial ratios help investors to determine whether Altegrisaaca 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 Altegrisaaca with respect to the benefits of owning Altegrisaaca Opportunistic security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |