Altegrisaaca Opportunistic Real Fund Manager Performance Evaluation
| RAAIX Fund | USD 12.11 0.25 2.02% |
The fund shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Altegris/aaca Opportunistic are expected to decrease at a much lower rate. During the bear market, Altegris/aaca Opportunistic is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Altegrisaaca Opportunistic Real has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's forward indicators remain fairly strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 2.5200 |
Altegris/aaca |
Altegris/aaca Opportunistic Relative Risk vs. Return Landscape
If you would invest 1,378 in Altegrisaaca Opportunistic Real on December 5, 2024 and sell it today you would lose (167.00) from holding Altegrisaaca Opportunistic Real or give up 12.12% of portfolio value over 90 days. Altegrisaaca Opportunistic Real is currently producing negative expected returns and takes up 1.1622% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Altegris/aaca, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altegris/aaca Opportunistic Current Valuation
Overvalued
Today
Please note that Altegris/aaca Opportunistic's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Altegris/aaca Opportunistic shows a prevailing Real Value of $11.32 per share. The current price of the fund is $12.11. We determine the value of Altegris/aaca Opportunistic from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Altegris/aaca Opportunistic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altegris/aaca Mutual Fund. However, Altegris/aaca Opportunistic's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.11 | Real 11.32 | Hype 12.11 |
The intrinsic value of Altegris/aaca Opportunistic's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altegris/aaca Opportunistic's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altegrisaaca Opportunistic Real helps investors to forecast how Altegris/aaca mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altegris/aaca Opportunistic more accurately as focusing exclusively on Altegris/aaca Opportunistic's fundamentals will not take into account other important factors: Altegris/aaca Opportunistic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altegris/aaca Opportunistic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Altegrisaaca Opportunistic Real, and traders can use it to determine the average amount a Altegris/aaca Opportunistic'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 = -0.1824
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RAAIX |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 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 Fundamentals Growth
Altegris/aaca Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Altegris/aaca Opportunistic, and Altegris/aaca Opportunistic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altegris/aaca Mutual Fund performance.
| Price To Earning | 27.50 X | ||||
| Price To Book | 2.08 X | ||||
| Price To Sales | 3.27 X | ||||
| Total Asset | 191.33 M | ||||
About Altegris/aaca Opportunistic Performance
Evaluating Altegris/aaca Opportunistic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic 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.
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.Things to note about Altegris/aaca Opportunistic performance evaluation
Checking the ongoing alerts about Altegris/aaca Opportunistic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Altegris/aaca Opportunistic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altegris/aaca Opportunistic generated a negative expected return over the last 90 days | |
| Altegris/aaca Opportunistic generated five year return of -2.0% | |
| This fund maintains 99.42% of its assets in stocks |
- Analyzing Altegris/aaca Opportunistic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altegris/aaca Opportunistic's stock is overvalued or undervalued compared to its peers.
- Examining Altegris/aaca Opportunistic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altegris/aaca Opportunistic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altegris/aaca Opportunistic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Altegris/aaca Opportunistic's mutual fund. These opinions can provide insight into Altegris/aaca Opportunistic's potential for growth and whether the stock is currently undervalued or overvalued.
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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