Altegrisaaca Opportunistic Real Fund Cash Position Weight
| RAAAX Fund | USD 13.37 0.09 0.67% |
Altegrisaaca Opportunistic Real fundamentals help investors to digest information that contributes to Altegrisaaca Opportunistic's financial success or failures. It also enables traders to predict the movement of Altegrisaaca Mutual Fund. The fundamental analysis module provides a way to measure Altegrisaaca Opportunistic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altegrisaaca Opportunistic mutual fund.
Altegrisaaca |
Altegrisaaca Opportunistic Real Mutual Fund Cash Position Weight Analysis
Altegrisaaca Opportunistic's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current Altegrisaaca Opportunistic Cash Position Weight | (3.41) % |
Most of Altegrisaaca Opportunistic's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altegrisaaca Opportunistic Real is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Altegrisaaca Opportunistic Real has -3.41% in Cash Position Weight. This is 143.83% lower than that of the Altegris family and significantly lower than that of the Real Estate category. The cash position weight for all United States funds is notably higher than that of the company.
Altegrisaaca Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altegrisaaca Opportunistic's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Altegrisaaca Opportunistic could also be used in its relative valuation, which is a method of valuing Altegrisaaca Opportunistic by comparing valuation metrics of similar companies.Altegrisaaca Opportunistic is rated fourth largest fund in cash position weight among similar funds.
Fund Asset Allocation for Altegrisaaca Opportunistic
The fund invests 102.7% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Altegrisaaca Opportunistic's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Altegrisaaca Fundamentals
| Price To Earning | 27.50 X | ||||
| Price To Book | 2.08 X | ||||
| Price To Sales | 3.27 X | ||||
| Total Asset | 5.77 M | ||||
| Year To Date Return | 5.69 % | ||||
| One Year Return | 8.52 % | ||||
| Three Year Return | (9.02) % | ||||
| Five Year Return | 0.29 % | ||||
| Net Asset | 208.35 M | ||||
| Last Dividend Paid | 0.04 | ||||
| Cash Position Weight | (3.41) % | ||||
| Equity Positions Weight | 102.70 % |
About Altegrisaaca Opportunistic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altegrisaaca Opportunistic Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altegrisaaca Opportunistic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altegrisaaca Opportunistic Real based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |