Alpha Alternative Assets Etf Performance
| AACAX Etf | 6.39 0.00 0.00% |
The etf shows a Beta (market volatility) of -0.0173, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alpha Alternative are expected to decrease at a much lower rate. During the bear market, Alpha Alternative is likely to outperform the market.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Alpha Alternative Assets are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Alpha Alternative is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Alpha |
Alpha Alternative Relative Risk vs. Return Landscape
If you would invest 629.00 in Alpha Alternative Assets on December 17, 2024 and sell it today you would earn a total of 10.00 from holding Alpha Alternative Assets or generate 1.59% return on investment over 90 days. Alpha Alternative Assets is currently producing 0.0265% returns and takes up 0.2253% volatility of returns over 90 trading days. Put another way, 2% of traded etfs are less volatile than Alpha, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alpha Alternative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Alternative's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Alpha Alternative Assets, and traders can use it to determine the average amount a Alpha Alternative's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1178
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AACAX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Alpha Alternative is performing at about 9% of its full potential. 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 Alpha Alternative by adding it to a well-diversified portfolio.
About Alpha Alternative Performance
Evaluating Alpha Alternative's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alpha Alternative has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Alpha Alternative has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Alpha Alternative is entity of United States. It is traded as Etf on NMFQS exchange.