Firsthand Alternative Energy Fund Price on November 1, 2024

ALTEX Fund  USD 10.12  0.11  1.08%   
Below is the normalized historical share price chart for Firsthand Alternative Energy extending back to October 29, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Firsthand Alternative stands at 10.12, as last reported on the 11th of December 2024, with the highest price reaching 10.12 and the lowest price hitting 10.12 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Firsthand Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Firsthand Mutual Fund to be not too volatile. Firsthand Alternative secures Sharpe Ratio (or Efficiency) of 0.0072, which denotes the fund had a 0.0072% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Firsthand Alternative Energy, which you can use to evaluate the volatility of the entity. Please confirm Firsthand Alternative's Downside Deviation of 1.51, mean deviation of 1.24, and Coefficient Of Variation of 1752.53 to check if the risk estimate we provide is consistent with the expected return of 0.0104%.
  
Firsthand Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0072

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Estimated Market Risk

 1.46
  actual daily
13
87% of assets are more volatile

Expected Return

 0.01
  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 Firsthand Alternative 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 Firsthand Alternative by adding Firsthand Alternative to a well-diversified portfolio.

Firsthand Alternative Valuation on November 1, 2024

It is possible to determine the worth of Firsthand Alternative on a given historical date. On November 1, 2024 Firsthand was worth 9.98 at the beginning of the trading date compared to the closed value of 9.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Firsthand Alternative mutual fund. Still, in general, we apply an absolute valuation method to find Firsthand Alternative's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Firsthand Alternative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Firsthand Alternative's related companies.
 Open High Low Close Volume
  9.88    9.88    9.88    9.88    1.00  
11/01/2024
  9.98    9.98    9.98    9.98    1.00  
  9.99    9.99    9.99    9.99    1.00  
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Open Value
9.98
9.98
Closing Value
14.35
Upside

Firsthand Alternative Trading Date Momentum on November 1, 2024

On November 04 2024 Firsthand Alternative Energy was traded for  9.99  at the closing time. The highest daily price throughout the period was 9.99  and the lowest price was  9.99 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 2.30% .

Firsthand Alternative Fundamentals Correlations and Trends

By evaluating Firsthand Alternative's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Firsthand Alternative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Firsthand financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Firsthand Alternative Mutual Fund history

Firsthand Alternative investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Firsthand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Firsthand Alternative will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Firsthand Alternative stock prices may prove useful in developing a viable investing in Firsthand Alternative
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. The funds international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also from time to time, as part of its principal investment strategies, invest a substantial portion of its assets in cash or cash equivalents. The fund is non-diversified.

Firsthand Alternative Mutual Fund Technical Analysis

Firsthand Alternative technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Firsthand Alternative technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Firsthand Alternative trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Firsthand Alternative Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Firsthand Alternative Energy cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Firsthand Alternative December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Firsthand Alternative mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Firsthand Alternative shares will generate the highest return on investment. By undertsting and applying Firsthand Alternative mutual fund market strength indicators, traders can identify Firsthand Alternative Energy entry and exit signals to maximize returns

Firsthand Alternative Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Firsthand Alternative's price direction in advance. Along with the technical and fundamental analysis of Firsthand Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Firsthand to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.
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