Firsthand Alternative Financials
| ALTEX Fund | USD 10.16 0.16 1.60% |
Firsthand |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Firsthand Alternative Fund Summary
Firsthand Alternative competes with Guinness Atkinson, Calvert Global, New Alternatives, Shelton Green, and Environment. 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.Specialization | Technology, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Firsthand Funds |
| Mutual Fund Family | Firsthand Funds |
| Mutual Fund Category | Technology |
| Benchmark | Dow Jones Industrial |
| Phone | 888 884 2675 |
| Currency | USD - US Dollar |
Firsthand Financial Ratios 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.Firsthand Alternative Systematic Risk
Firsthand Alternative's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Firsthand Alternative volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Firsthand Alternative correlated with the market. If Beta is less than 0 Firsthand Alternative generally moves in the opposite direction as compared to the market. If Firsthand Alternative Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Firsthand Alternative is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Firsthand Alternative is generally in the same direction as the market. If Beta > 1 Firsthand Alternative moves generally in the same direction as, but more than the movement of the benchmark.
Firsthand Alternative Thematic Clasifications
Firsthand Alternative Energy is part of several thematic ideas from Energy Funds to Alternative Energy. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFirsthand Alternative Energy is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Technology category is currently estimated at about 1.33 Billion. Firsthand Alternative claims roughly 14.48 Million in net asset contributing just under 2% to funds listed under Technology category.Firsthand Alternative November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Firsthand Alternative help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Firsthand Alternative Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Firsthand Alternative Energy based on widely used predictive technical indicators. In general, we focus on analyzing Firsthand Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Firsthand Alternative's daily price indicators and compare them against related drivers.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 9.14 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.83 |
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.
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