Altegrisaaca Opportunistic Real Fund Price on August 10, 2023
| RAAAX Fund | USD 12.93 0.15 1.17% |
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 Altegris/aaca Opportunistic stands at 12.93, as last reported on the 1st of January, with the highest price reaching 12.93 and the lowest price hitting 12.93 during the day.
If you're considering investing in Altegris/aaca Mutual Fund, it is important to understand the factors that can impact its price. Altegris/aaca Opportunistic secures Sharpe Ratio (or Efficiency) of -0.0655, which signifies that the fund had a -0.0655% 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 Altegris/aaca Opportunistic's Risk Adjusted Performance of (0.04), mean deviation of 0.737, and Standard Deviation of 1.03 to double-check the risk estimate we provide.
Altegris/aaca Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Altegris/aaca |
Sharpe Ratio = -0.0655
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| Negative Returns | RAAAX |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altegris/aaca 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 Altegris/aaca Opportunistic by adding Altegris/aaca Opportunistic to a well-diversified portfolio.
Altegris/aaca Opportunistic Valuation on August 10, 2023
It is possible to determine the worth of Altegris/aaca Opportunistic on a given historical date. On August 10, 2023 Altegris/aaca was worth 11.96 at the beginning of the trading date compared to the closed value of 11.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altegris/aaca Opportunistic mutual fund. Still, in general, we apply an absolute valuation method to find Altegris/aaca 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 Altegris/aaca Opportunistic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altegris/aaca Opportunistic's related companies.
| Open | High | Low | Close | Volume | |
| 11.95 | 11.95 | 11.95 | 11.95 | 1.00 | |
08/10/2023 | 11.96 | 11.96 | 11.96 | 11.96 | 1.00 |
| 11.98 | 11.98 | 11.98 | 11.98 | 1.00 |
| Backtest Altegris/aaca Opportunistic | | | Altegris/aaca Opportunistic History | | | Altegris/aaca Opportunistic Valuation | Previous | Next |
Altegris/aaca Opportunistic Trading Date Momentum on August 10, 2023
| On August 11 2023 Altegrisaaca Opportunistic Real was traded for 11.98 at the closing time. The highest daily price throughout the period was 11.98 and the lowest price was 11.98 . There was no trading activity during the period 1.0. Lack of trading volume on 08/11/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.17% . The overall trading delta to current closing price is 4.85% . |
Altegris/aaca Opportunistic Fundamentals Correlations and Trends
By evaluating Altegris/aaca 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 Altegris/aaca Opportunistic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altegris/aaca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altegris/aaca Opportunistic Mutual Fund history
Altegris/aaca 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 Altegris/aaca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altegris/aaca 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 Altegris/aaca Opportunistic stock prices may prove useful in developing a viable investing in Altegris/aaca 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.
Altegris/aaca Opportunistic Mutual Fund Technical Analysis
Altegris/aaca 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
Altegris/aaca Opportunistic Period Price Range
Low | January 1, 2025
| 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.
Altegris/aaca Opportunistic January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Altegris/aaca 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 Altegris/aaca Opportunistic shares will generate the highest return on investment. By undertsting and applying Altegris/aaca Opportunistic mutual fund market strength indicators, traders can identify Altegrisaaca Opportunistic Real entry and exit signals to maximize returns
Altegris/aaca Opportunistic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altegris/aaca Opportunistic's price direction in advance. Along with the technical and fundamental analysis of Altegris/aaca Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altegris/aaca 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 | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.39) |
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Other Information on Investing in Altegris/aaca Mutual Fund
Altegris/aaca Opportunistic financial ratios help investors to determine whether Altegris/aaca 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/aaca with respect to the benefits of owning Altegris/aaca Opportunistic security.
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