Firsthand Alternative Energy Fund Quote
| ALTEX Fund | USD 8.46 0.16 1.93% |
PerformanceVery Weak
| Odds Of DistressLow
|
Firsthand Alternative is trading at 8.46 as of the 24th of March 2025; that is 1.93 percent increase since the beginning of the trading day. The fund's open price was 8.3. Firsthand Alternative has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of its assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. More on Firsthand Alternative Energy
Moving together with Firsthand Mutual Fund
| 0.76 | VEEA | Veea Inc Symbol Change | PairCorr |
| 0.8 | DVLT | Datavault AI Symbol Change | PairCorr |
Moving against Firsthand Mutual Fund
Firsthand Mutual Fund Highlights
| Thematic Ideas | (View all Themes) |
| Fund Concentration | Firsthand Funds, Large Funds, Technology Funds, Energy Funds, Alternative Energy Funds, Technology, Firsthand Funds, Large, Technology (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 30th of April 2023 |
| Fiscal Year End | December |
Firsthand Alternative Energy [ALTEX] is traded in USA and was established 24th of March 2025. Firsthand Alternative is listed under Firsthand Funds category by Fama And French industry classification. The fund is listed under Technology category and is part of Firsthand Funds family. The entity is thematically classified as Energy Funds. This fund presently has accumulated 14.48 M in assets under management (AUM) with minimum initial investment of 2 K. Firsthand Alternative is currently producing year-to-date (YTD) return of 1.05%, while the total return for the last 3 years was -11.84%.
Check Firsthand Alternative 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 Firsthand 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 Firsthand 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 Firsthand Alternative Energy 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 Firsthand Alternative Energy Mutual Fund Constituents
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| SEDG | SolarEdge Technologies | Stock | Information Technology | |
| RUN | Sunrun Inc | Stock | Industrials | |
| PWR | Quanta Services | Stock | Industrials | |
| POWI | Power Integrations | Stock | Information Technology | |
| PHG | Koninklijke Philips NV | Stock | Health Care | |
| ITRI | Itron Inc | Stock | Information Technology | |
| HON | Honeywell International | Stock | Industrials |
Firsthand Alternative Risk Profiles
| Mean Deviation | 1.37 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.29 | |||
| Risk Adjusted Performance | (0.12) |
Firsthand Alternative Against Markets
Other Information on Investing in Firsthand Mutual Fund
Firsthand Alternative financial ratios help investors to determine whether Firsthand 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 Firsthand with respect to the benefits of owning Firsthand Alternative security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |