Kinetics Alternative One Year Return vs. Three Year Return
| KWIAXDelisted Fund | USD 92.62 0.00 0.00% |
For Kinetics Alternative profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kinetics Alternative to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kinetics Alternative Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kinetics Alternative's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kinetics Alternative Income over time as well as its relative position and ranking within its peers.
Kinetics |
Kinetics Alternative Three Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kinetics Alternative's current stock value. Our valuation model uses many indicators to compare Kinetics Alternative value to that of its competitors to determine the firm's financial worth. Kinetics Alternative Income is currently considered the top fund in one year return among similar funds. It also is currently considered the top fund in three year return among similar funds reporting about 0.71 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Kinetics Alternative Income is roughly 1.41 . 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 Kinetics Alternative's earnings, one of the primary drivers of an investment's value.Kinetics Three Year Return vs. One Year Return
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.
Kinetics Alternative |
| = | 2.50 % |
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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Kinetics Alternative |
| = | 1.77 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Kinetics Three Year Return Comparison
Kinetics Alternative is currently under evaluation in three year return among similar funds.
Kinetics Alternative Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kinetics Alternative, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kinetics Alternative will eventually generate negative long term returns. The profitability progress is the general direction of Kinetics Alternative's change in net profit over the period of time. It can combine multiple indicators of Kinetics Alternative, 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 is a diversified fund that invests all of its investable assets in the Alternative Income Portfolio, a series of Kinetics Portfolios Trust. Kinetics Mutual is traded on NASDAQ Exchange in the United States.
Kinetics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kinetics Alternative. 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 Kinetics Alternative 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 Kinetics Alternative's important profitability drivers and their relationship over time.
Use Kinetics Alternative in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinetics Alternative position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinetics Alternative will appreciate offsetting losses from the drop in the long position's value.Kinetics Alternative Pair Trading
Kinetics Alternative Income Pair Trading Analysis
The ability to find closely correlated positions to Kinetics Alternative could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinetics Alternative when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinetics Alternative - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinetics Alternative Income to buy it.
The correlation of Kinetics Alternative is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinetics Alternative moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinetics Alternative moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinetics Alternative can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Kinetics Alternative position
In addition to having Kinetics Alternative 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?
Run Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Kinetics Mutual Fund
If you are still planning to invest in Kinetics Alternative check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kinetics Alternative's history and understand the potential risks before investing.
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