Firsthand Alternative Financial Statements From 2010 to 2025
| ALTEX Fund | USD 9.71 0.24 2.53% |
Check Firsthand Alternative financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Firsthand Alternative's main balance sheet or income statement drivers, such as , as well as many indicators such as . Firsthand financial statements analysis is a perfect complement when working with Firsthand Alternative Valuation or Volatility modules.
Firsthand |
Firsthand Alternative Energy Mutual Fund One Year Return Analysis
Firsthand Alternative's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Firsthand Alternative One Year Return | 10.45 % |
Most of Firsthand Alternative's fundamental indicators, such as One Year Return, 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, Firsthand Alternative Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Firsthand Alternative Energy has an One Year Return of 10.4521%. This is much higher than that of the Firsthand Funds family and significantly higher than that of the Technology category. The one year return for all United States funds is 151.86% lower than that of the firm.
Firsthand Alternative Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Firsthand Alternative's current stock value. Our valuation model uses many indicators to compare Firsthand Alternative value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Firsthand Alternative competition to find correlations between indicators driving Firsthand Alternative's intrinsic value. More Info.Firsthand Alternative Energy is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Firsthand Alternative Energy is roughly 12.99 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Firsthand Alternative's earnings, one of the primary drivers of an investment's value.About Firsthand Alternative Financial Statements
Firsthand Alternative investors use historical fundamental indicators, such as Firsthand Alternative's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Firsthand Alternative. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The funds international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also from time to time, as part of its principal investment strategies, invest a substantial portion of its assets in cash or cash equivalents. The fund is non-diversified.
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 Firsthand Mutual Fund
Firsthand Alternative financial ratios help investors to determine whether Firsthand 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 Firsthand with respect to the benefits of owning Firsthand Alternative security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |