Altegris Crabel Multi Strategy Fund Price on September 18, 2024
| CMSIX Fund | USD 9.60 0.00 0.00% |
Below is the normalized historical share price chart for Altegris Crabel Multi Strategy extending back to April 01, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Altegris Crabel stands at 9.60, as last reported on the 2nd of December, with the highest price reaching 9.60 and the lowest price hitting 9.60 during the day.
If you're considering investing in Altegris Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Altegris Mutual Fund to be very steady. Altegris Crabel Multi secures Sharpe Ratio (or Efficiency) of 0.0443, which signifies that the fund had a 0.0443% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Altegris Crabel Multi Strategy, which you can use to evaluate the volatility of the entity. Please confirm Altegris Crabel's Risk Adjusted Performance of 0.0772, mean deviation of 0.3894, and Downside Deviation of 0.7027 to double-check if the risk estimate we provide is consistent with the expected return of 0.0257%.
Altegris Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Altegris |
Sharpe Ratio = 0.0443
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| Negative Returns | CMSIX |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Altegris Crabel is performing at about 3% 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 Altegris Crabel by adding it to a well-diversified portfolio.
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Altegris Crabel Valuation on September 18, 2024
It is possible to determine the worth of Altegris Crabel on a given historical date. On September 18, 2024 Altegris was worth 9.78 at the beginning of the trading date compared to the closed value of 9.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altegris Crabel mutual fund. Still, in general, we apply an absolute valuation method to find Altegris Crabel's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Altegris Crabel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altegris Crabel's related companies.
| Open | High | Low | Close | Volume | |
| 9.82 | 9.82 | 9.82 | 9.82 | 1.00 | |
09/18/2024 | 9.78 | 9.78 | 9.78 | 9.78 | 1.00 |
| 9.84 | 9.84 | 9.84 | 9.84 | 1.00 |
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Altegris Crabel Trading Date Momentum on September 18, 2024
| On September 19 2024 Altegris Crabel Multi Strategy was traded for 9.84 at the closing time. The highest daily price throughout the period was 9.84 and the lowest price was 9.84 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 1.12% . |
Altegris Crabel Multi Fundamentals Correlations and Trends
By evaluating Altegris Crabel's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altegris Crabel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altegris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altegris Crabel Mutual Fund history
Altegris Crabel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Altegris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altegris Crabel Multi will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Altegris Crabel stock prices may prove useful in developing a viable investing in Altegris Crabel
The adviser seeks to achieve the funds investment objective by allocating its assets among multiple investment strategies, with a goal of delivering an all weather solution that has the potential to provide positive returns in all market environments. The adviser will execute a portion of the Tactical Futures strategy by investing up to 25 percent of the funds total assets in a wholly-owned and controlled subsidiary . The fund is non-diversified.
Altegris Crabel Mutual Fund Technical Analysis
Altegris Crabel technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Altegris Crabel Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Altegris Crabel Multi Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Altegris Crabel December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Altegris Crabel mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altegris Crabel shares will generate the highest return on investment. By undertsting and applying Altegris Crabel mutual fund market strength indicators, traders can identify Altegris Crabel Multi Strategy entry and exit signals to maximize returns
Altegris Crabel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altegris Crabel's price direction in advance. Along with the technical and fundamental analysis of Altegris Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altegris to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0772 | |||
| Jensen Alpha | 0.0392 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.611 |
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Other Information on Investing in Altegris Mutual Fund
Altegris Crabel financial ratios help investors to determine whether Altegris 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 with respect to the benefits of owning Altegris Crabel security.
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