Altegris Futures Equity Positions Weight vs. One Year Return
| EVOAX Fund | USD 6.84 0.01 0.15% |
For Altegris Futures profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altegris Futures to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altegris Futures Evolution utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altegris Futures's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altegris Futures Evolution over time as well as its relative position and ranking within its peers.
Altegris |
Altegris Futures Evo One Year Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altegris Futures's current stock value. Our valuation model uses many indicators to compare Altegris Futures value to that of its competitors to determine the firm's financial worth. Altegris Futures Evolution is rated below average in equity positions weight among similar funds. It is rated # 3 fund in one year return among similar funds reporting about 0.14 of One Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to One Year Return for Altegris Futures Evolution is roughly 7.08 . 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 Futures' earnings, one of the primary drivers of an investment's value.Altegris One Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Altegris Futures |
| = | 22.84 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Altegris Futures |
| = | 3.22 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Altegris One Year Return Comparison
Altegris Futures is currently under evaluation in one year return among similar funds.
Altegris Futures Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altegris Futures, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altegris Futures will eventually generate negative long term returns. The profitability progress is the general direction of Altegris Futures' change in net profit over the period of time. It can combine multiple indicators of Altegris Futures, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its investment objective by allocating its assets between a Managed Futures strategy and a Fixed Income strategy. The Adviser expects that less than 100, typically 15-25, of the funds total net assets will be invested in andor used as collateral for, gaining exposure to Managed Futures strategies. The adviser expects that less than 100, typically 60-80, of the funds total net assets will be allocated to Fixed Income strategies.
Altegris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altegris Futures. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Altegris Futures position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Altegris Futures' important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Altegris Futures without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Use Investing Themes to Complement your Altegris Futures position
In addition to having Altegris Futures in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Altegris Mutual Fund
To fully project Altegris Futures' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altegris Futures Evo at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Altegris Futures' income statement, its balance sheet, and the statement of cash flows.
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