Altegrisaaca Opportunistic Real Fund Price on January 5, 2023
| RAAAX Fund | USD 12.44 0.07 0.56% |
Below is the normalized historical share price chart for Altegrisaaca Opportunistic Real extending back to January 10, 2014. 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 Altegrisaaca Opportunistic stands at 12.44, as last reported on the 21st of December, with the highest price reaching 12.44 and the lowest price hitting 12.44 during the day.
If you're considering investing in Altegrisaaca Mutual Fund, it is important to understand the factors that can impact its price. Altegrisaaca Opportunistic secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the fund had a -0.11% return per unit of risk over the last 3 months. Altegrisaaca Opportunistic Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altegrisaaca Opportunistic's Mean Deviation of 0.7328, standard deviation of 1.01, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
Altegrisaaca Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Altegrisaaca |
Sharpe Ratio = -0.1051
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| Negative Returns | RAAAX |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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 Valuation on January 5, 2023
It is possible to determine the worth of Altegrisaaca Opportunistic on a given historical date. On January 5, 2023 Altegrisaaca was worth 11.44 at the beginning of the trading date compared to the closed value of 11.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altegrisaaca Opportunistic mutual fund. Still, in general, we apply an absolute valuation method to find Altegrisaaca Opportunistic'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 Altegrisaaca Opportunistic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altegrisaaca Opportunistic's related companies.
| Open | High | Low | Close | Volume | |
| 11.76 | 11.76 | 11.76 | 11.76 | 1.00 | |
01/05/2023 | 11.44 | 11.44 | 11.44 | 11.44 | 1.00 |
| 11.73 | 11.73 | 11.73 | 11.73 | 1.00 |
| Backtest Altegrisaaca Opportunistic | | | Altegrisaaca Opportunistic History | | | Altegrisaaca Opportunistic Valuation | Previous | Next |
Altegrisaaca Opportunistic Trading Date Momentum on January 5, 2023
| On January 06 2023 Altegrisaaca Opportunistic Real was traded for 11.73 at the closing time. The highest daily price throughout the period was 11.73 and the lowest price was 11.73 . There was no trading activity during the period 1.0. Lack of trading volume on 01/06/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.53% . The overall trading delta to current closing price is 9.18% . |
Altegrisaaca Opportunistic Fundamentals Correlations and Trends
By evaluating Altegrisaaca Opportunistic'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 Altegrisaaca Opportunistic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altegrisaaca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altegrisaaca Opportunistic Mutual Fund history
Altegrisaaca Opportunistic 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 Altegrisaaca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altegrisaaca Opportunistic 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 Altegrisaaca Opportunistic stock prices may prove useful in developing a viable investing in Altegrisaaca Opportunistic
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.
Altegrisaaca Opportunistic Mutual Fund Technical Analysis
Altegrisaaca Opportunistic 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
Altegrisaaca Opportunistic Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Altegrisaaca Opportunistic Real 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.
Altegrisaaca Opportunistic December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Altegrisaaca Opportunistic 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 Altegrisaaca Opportunistic shares will generate the highest return on investment. By undertsting and applying Altegrisaaca Opportunistic mutual fund market strength indicators, traders can identify Altegrisaaca Opportunistic Real entry and exit signals to maximize returns
Altegrisaaca Opportunistic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altegrisaaca Opportunistic's price direction in advance. Along with the technical and fundamental analysis of Altegrisaaca Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altegrisaaca 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 | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (33.52) |
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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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