Alpine High Yield Fund Manager Performance Evaluation
| AHYMX Fund | USD 9.25 0.01 0.11% |
The fund shows a Beta (market volatility) of -0.049, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alpine High are expected to decrease at a much lower rate. During the bear market, Alpine High is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Alpine High Yield are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Alpine High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 0.7000 |
Alpine |
Alpine High Relative Risk vs. Return Landscape
If you would invest 911.00 in Alpine High Yield on August 28, 2024 and sell it today you would earn a total of 14.00 from holding Alpine High Yield or generate 1.54% return on investment over 90 days. Alpine High Yield is currently producing 0.0244% returns and takes up 0.1698% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Alpine, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alpine High Current Valuation
Overvalued
Today
Please note that Alpine High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Alpine High Yield shows a prevailing Real Value of $8.5 per share. The current price of the fund is $9.25. We determine the value of Alpine High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Alpine High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alpine Mutual Fund. However, Alpine High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.25 | Real 8.5 | Hype 9.25 | Naive 9.26 |
The intrinsic value of Alpine High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alpine High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alpine High Yield helps investors to forecast how Alpine mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alpine High more accurately as focusing exclusively on Alpine High's fundamentals will not take into account other important factors: Alpine High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpine High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alpine High Yield, and traders can use it to determine the average amount a Alpine High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1435
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AHYMX |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Alpine High is performing at about 11% 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 Alpine High by adding it to a well-diversified portfolio.
Alpine High Fundamentals Growth
Alpine Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alpine High, and Alpine High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alpine Mutual Fund performance.
| Total Asset | 126.84 M | ||||
About Alpine High Performance
Evaluating Alpine High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alpine High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Alpine High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in municipal obligations that are exempt from federal income tax . It invests at least 50 percent of its assets in municipal bonds rated BBB or lower by SP Global Ratings or Baa or lower by Moodys Investors Service, Inc., at the time of investment, or the equivalent by another independent rating agency or the unrated equivalent as determined by the Adviser.Things to note about Alpine High Yield performance evaluation
Checking the ongoing alerts about Alpine High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alpine High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Alpine High Yield holds most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Alpine High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alpine High's stock is overvalued or undervalued compared to its peers.
- Examining Alpine High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alpine High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alpine High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alpine High's mutual fund. These opinions can provide insight into Alpine High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alpine Mutual Fund
Alpine High financial ratios help investors to determine whether Alpine 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 Alpine with respect to the benefits of owning Alpine High security.
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