Altegris Futures Evolution Fund Price on February 9, 2023
| EVOIX Fund | USD 6.64 0.02 0.30% |
Below is the normalized historical share price chart for Altegris Futures Evolution extending back to October 31, 2011. 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 Altegris Futures stands at 6.64, as last reported on the 29th of December, with the highest price reaching 6.64 and the lowest price hitting 6.64 during the day.
If you're considering investing in Altegris Mutual Fund, it is important to understand the factors that can impact its price. Altegris Futures Evo secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15% return per unit of risk over the last 3 months. Altegris Futures Evolution exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altegris Futures' Standard Deviation of 0.6952, risk adjusted performance of (0.12), and Mean Deviation of 0.5002 to double-check the risk estimate we provide.
Altegris Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Altegris |
Sharpe Ratio = -0.1463
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| Negative Returns | EVOIX |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altegris Futures 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 Altegris Futures by adding Altegris Futures to a well-diversified portfolio.
Altegris Futures Valuation on February 9, 2023
It is possible to determine the worth of Altegris Futures on a given historical date. On February 9, 2023 Altegris was worth 6.31 at the beginning of the trading date compared to the closed value of 6.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altegris Futures mutual fund. Still, in general, we apply an absolute valuation method to find Altegris Futures' 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 Altegris Futures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altegris Futures' related companies.
| Open | High | Low | Close | Volume | |
| 6.29 | 6.29 | 6.29 | 6.29 | 1.00 | |
02/09/2023 | 6.31 | 6.31 | 6.31 | 6.31 | 1.00 |
| 6.30 | 6.30 | 6.30 | 6.30 | 1.00 |
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Altegris Futures Trading Date Momentum on February 9, 2023
| On February 10 2023 Altegris Futures Evolution was traded for 6.30 at the closing time. The highest daily price throughout the period was 6.30 and the lowest price was 6.30 . There was no trading activity during the period 1.0. Lack of trading volume on 02/10/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.16% . The overall trading delta to current closing price is 2.54% . |
Altegris Futures Evo Fundamentals Correlations and Trends
By evaluating Altegris Futures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altegris Futures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altegris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altegris Futures Mutual Fund history
Altegris Futures 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 Altegris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altegris Futures Evo 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 Altegris Futures stock prices may prove useful in developing a viable investing in Altegris Futures
The fund seeks to achieve its investment objective by allocating its assets between a Managed Futures strategy and a Fixed Income strategy. The Adviser expects that less than 100, typically 15-25, of the funds total net assets will be invested in andor used as collateral for, gaining exposure to Managed Futures strategies. The adviser expects that less than 100, typically 60-80, of the funds total net assets will be allocated to Fixed Income strategies.
Altegris Futures Mutual Fund Technical Analysis
Altegris Futures 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.
Price Boundaries
Altegris Futures Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Altegris Futures Evolution 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.
Altegris Futures December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Altegris Futures 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 Altegris Futures shares will generate the highest return on investment. By undertsting and applying Altegris Futures mutual fund market strength indicators, traders can identify Altegris Futures Evolution entry and exit signals to maximize returns
Altegris Futures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altegris Futures' price direction in advance. Along with the technical and fundamental analysis of Altegris Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altegris 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.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (2.73) |
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Altegris Mutual Fund
Altegris Futures financial ratios help investors to determine whether Altegris 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 Altegris with respect to the benefits of owning Altegris Futures security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |