K2 Alternative Strategies Fund Manager Performance Evaluation
| FSKKX Fund | USD 11.11 0.01 0.09% |
The entity owns a Beta (Systematic Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning K2 Alternative are expected to decrease at a much lower rate. During the bear market, K2 Alternative is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days K2 Alternative Strategies has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward-looking signals, K2 Alternative is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Franklin K2 Alternative Strategies Fund Q3 2024 Commentary - Seeking Alpha | 11/25/2024 |
| Expense Ratio | 2.6900 |
FSKKX |
K2 Alternative Relative Risk vs. Return Landscape
If you would invest 1,135 in K2 Alternative Strategies on November 18, 2024 and sell it today you would lose (24.00) from holding K2 Alternative Strategies or give up 2.11% of portfolio value over 90 days. K2 Alternative Strategies is currently producing negative expected returns and takes up 1.5317% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than FSKKX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
K2 Alternative Current Valuation
Overvalued
Today
Please note that K2 Alternative's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. K2 Alternative Strategies owns a latest Real Value of $10.49 per share. The recent price of the fund is $11.11. We determine the value of K2 Alternative Strategies from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, sooner or later, mutual fund prices and their ongoing real values will come together.
Since K2 Alternative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of FSKKX Mutual Fund. However, K2 Alternative'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 11.11 | Real 10.49 | Hype 11.11 |
The intrinsic value of K2 Alternative'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 K2 Alternative'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 K2 Alternative Strategies helps investors to forecast how FSKKX 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 K2 Alternative more accurately as focusing exclusively on K2 Alternative's fundamentals will not take into account other important factors: K2 Alternative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for K2 Alternative's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as K2 Alternative Strategies, and traders can use it to determine the average amount a K2 Alternative'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 = -0.015
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FSKKX |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average K2 Alternative is not performing at its full potential. However, 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 K2 Alternative by adding K2 Alternative to a well-diversified portfolio.
K2 Alternative Fundamentals Growth
FSKKX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of K2 Alternative, and K2 Alternative 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 FSKKX Mutual Fund performance.
| Price To Earning | 21.22 X | ||||
| Price To Book | 3.13 X | ||||
| Price To Sales | 1.58 X | ||||
| Total Asset | 1.1 B | ||||
About K2 Alternative Performance
Evaluating K2 Alternative's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if K2 Alternative 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 K2 Alternative 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.
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. It may invest in a wide range of securities and other investments including, but not limited to equity securities and debt securities.Things to note about K2 Alternative Strategies performance evaluation
Checking the ongoing alerts about K2 Alternative for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for K2 Alternative Strategies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| K2 Alternative generated a negative expected return over the last 90 days | |
| The fund retains about 38.58% of its assets under management (AUM) in cash |
- Analyzing K2 Alternative'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 K2 Alternative's stock is overvalued or undervalued compared to its peers.
- Examining K2 Alternative'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 K2 Alternative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of K2 Alternative's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of K2 Alternative's mutual fund. These opinions can provide insight into K2 Alternative's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in FSKKX Mutual Fund
K2 Alternative financial ratios help investors to determine whether FSKKX 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 FSKKX with respect to the benefits of owning K2 Alternative security.
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