1290 Multi Alternative Strategies Fund Manager Performance Evaluation
| TNMIX Fund | USD 9.53 0.17 1.75% |
The entity owns a Beta (Systematic Risk) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 1290 Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1290 Multi is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days 1290 Multi Alternative Strategies has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, 1290 Multi 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 March 2023 | |
| Expense Ratio | 1.3000 |
1290 |
1290 Multi Relative Risk vs. Return Landscape
If you would invest 955.00 in 1290 Multi Alternative Strategies on September 15, 2024 and sell it today you would lose (2.00) from holding 1290 Multi Alternative Strategies or give up 0.21% of portfolio value over 90 days. 1290 Multi Alternative Strategies is currently producing negative expected returns and takes up 0.3448% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than 1290, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
1290 Multi Current Valuation
Fairly Valued
Today
Please note that 1290 Multi's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. 1290 Multi Alternative owns a latest Real Value of $9.56 per share. The recent price of the fund is $9.53. We determine the value of 1290 Multi Alternative from evaluating 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, sooner or later, mutual fund prices and their ongoing real values will grow together.
Since 1290 Multi is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Multi'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 9.53 | Real 9.56 | Hype 9.53 | Naive 9.56 |
The intrinsic value of 1290 Multi'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 1290 Multi'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 1290 Multi Alternative Strategies helps investors to forecast how 1290 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 1290 Multi more accurately as focusing exclusively on 1290 Multi's fundamentals will not take into account other important factors: 1290 Multi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Multi's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 1290 Multi Alternative Strategies, and traders can use it to determine the average amount a 1290 Multi'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 = -0.0076
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TNMIX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 1290 Multi 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 1290 Multi by adding 1290 Multi to a well-diversified portfolio.
1290 Multi Fundamentals Growth
1290 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 1290 Multi, and 1290 Multi 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 1290 Mutual Fund performance.
| Price To Earning | 19.38 X | ||||
| Price To Book | 1.84 X | ||||
| Price To Sales | 1.55 X | ||||
| Total Asset | 13.15 M | ||||
About 1290 Multi Performance
Evaluating 1290 Multi's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 1290 Multi 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 1290 Multi 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.
The fund pursues its investment objective by investing in exchange-traded securities of other investment companies or investment vehicles comprising various asset categories and strategies. Under normal market conditions, the fund allocates substantially all of its assets to Underlying ETFs that invest primarily in non-traditional asset categories and strategies. The fund seeks to invest its assets among the Underlying ETFs to achieve a diversified exposure across multiple alternative asset categories and strategies.Things to note about 1290 Multi Alternative performance evaluation
Checking the ongoing alerts about 1290 Multi for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 1290 Multi Alternative help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 1290 Multi generated a negative expected return over the last 90 days | |
| The fund maintains about 13.37% of its assets in cash |
- Analyzing 1290 Multi'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 1290 Multi's stock is overvalued or undervalued compared to its peers.
- Examining 1290 Multi'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 1290 Multi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1290 Multi's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 1290 Multi's mutual fund. These opinions can provide insight into 1290 Multi's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in 1290 Mutual Fund
1290 Multi financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Multi security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |