Altegrisaaca Opportunistic Real Fund Price on October 8, 2024
| RAACX Fund | USD 13.24 0.01 0.08% |
If you're considering investing in Altegris/aaca Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Altegris/aaca Opportunistic stands at 13.24, as last reported on the 29th of November, with the highest price reaching 13.24 and the lowest price hitting 13.24 during the day. At this stage we consider Altegris/aaca Mutual Fund to be very steady. Altegris/aaca Opportunistic secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Altegrisaaca Opportunistic Real, which you can use to evaluate the volatility of the entity. Please confirm Altegris/aaca Opportunistic's Mean Deviation of 0.7495, downside deviation of 1.06, and Risk Adjusted Performance of 0.0684 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
Altegris/aaca Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Altegris/aaca |
Sharpe Ratio = 0.1163
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Altegris/aaca Opportunistic is performing at about 9% 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/aaca Opportunistic by adding it to a well-diversified portfolio.
Altegris/aaca Opportunistic Valuation on October 8, 2024
It is possible to determine the worth of Altegris/aaca Opportunistic on a given historical date. On October 8, 2024 Altegris/aaca was worth 13.02 at the beginning of the trading date compared to the closed value of 13.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altegris/aaca Opportunistic mutual fund. Still, in general, we apply an absolute valuation method to find Altegris/aaca Opportunistic'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/aaca Opportunistic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altegris/aaca Opportunistic's related companies.
| Open | High | Low | Close | Volume | |
| 13.07 | 13.07 | 13.07 | 13.07 | 1.00 | |
10/08/2024 | 13.02 | 13.02 | 13.02 | 13.02 | 1.00 |
| 13.02 | 13.02 | 13.02 | 13.02 | 1.00 |
| Backtest Altegris/aaca Opportunistic | | | Altegris/aaca Opportunistic History | | | Altegris/aaca Opportunistic Valuation | Previous | Next |
Altegris/aaca Opportunistic Trading Date Momentum on October 8, 2024
| On October 09 2024 Altegrisaaca Opportunistic Real was traded for 13.02 at the closing time. The highest daily price throughout the period was 13.02 and the lowest price was 13.02 . There was no trading activity during the period 1.0. Lack of trading volume on 10/09/2024 did not affect price variability. The overall trading delta to current closing price is 1.54% . |
Altegris/aaca Opportunistic Fundamentals Correlations and Trends
By evaluating Altegris/aaca Opportunistic'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/aaca Opportunistic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altegris/aaca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altegris/aaca Opportunistic Mutual Fund history
Altegris/aaca Opportunistic 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/aaca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altegris/aaca Opportunistic 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/aaca Opportunistic stock prices may prove useful in developing a viable investing in Altegris/aaca Opportunistic
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.
Altegris/aaca Opportunistic Mutual Fund Technical Analysis
Altegris/aaca Opportunistic 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/aaca Opportunistic Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Altegrisaaca Opportunistic Real 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/aaca Opportunistic November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Altegris/aaca Opportunistic 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/aaca Opportunistic shares will generate the highest return on investment. By undertsting and applying Altegris/aaca Opportunistic mutual fund market strength indicators, traders can identify Altegrisaaca Opportunistic Real entry and exit signals to maximize returns
Altegris/aaca Opportunistic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altegris/aaca Opportunistic's price direction in advance. Along with the technical and fundamental analysis of Altegris/aaca Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altegris/aaca 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 | 0.0684 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1055 |
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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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