Altegrisaaca Opportunistic Real Fund Fundamentals
| RAACX Fund | USD 13.24 0.01 0.08% |
Altegrisaaca Opportunistic Real fundamentals help investors to digest information that contributes to Altegris/aaca Opportunistic's financial success or failures. It also enables traders to predict the movement of Altegris/aaca Mutual Fund. The fundamental analysis module provides a way to measure Altegris/aaca Opportunistic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altegris/aaca Opportunistic mutual fund.
Altegris/aaca |
Altegrisaaca Opportunistic Real Mutual Fund Net Asset Analysis
Altegris/aaca Opportunistic's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Altegris/aaca Opportunistic Net Asset | 169.23 M |
Most of Altegris/aaca Opportunistic's fundamental indicators, such as Net Asset, 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, Altegrisaaca Opportunistic Real is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Altegrisaaca Opportunistic Real has a Net Asset of 169.23 M. This is 74.67% lower than that of the Altegris family and significantly higher than that of the Real Estate category. The net asset for all United States funds is notably lower than that of the firm.
Altegris/aaca Opportunistic Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altegris/aaca Opportunistic's current stock value. Our valuation model uses many indicators to compare Altegris/aaca Opportunistic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altegris/aaca Opportunistic competition to find correlations between indicators driving Altegris/aaca Opportunistic's intrinsic value. More Info.Altegrisaaca Opportunistic Real is rated top fund in net asset among similar funds. It also is rated top fund in last dividend paid among similar funds . The ratio of Net Asset to Last Dividend Paid for Altegrisaaca Opportunistic Real is about 4,230,840,000 . 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 Altegris/aaca Opportunistic's earnings, one of the primary drivers of an investment's value.Altegris/aaca Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altegris/aaca Opportunistic's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Altegris/aaca Opportunistic could also be used in its relative valuation, which is a method of valuing Altegris/aaca Opportunistic by comparing valuation metrics of similar companies.Altegrisaaca Opportunistic is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Altegris/aaca Opportunistic
The fund invests 102.7% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Altegris/aaca Opportunistic's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Altegris/aaca Fundamentals
| Total Asset | 402.39 M | |||
| Net Asset | 169.23 M | |||
| Last Dividend Paid | 0.04 | |||
| Cash Position Weight | (3.41) % | |||
| Equity Positions Weight | 102.70 % |
About Altegris/aaca Opportunistic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altegrisaaca Opportunistic Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altegris/aaca Opportunistic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altegrisaaca Opportunistic Real based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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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 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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