Altegris/aaca Opportunistic Year To Date Return vs. Net Asset
Based on the measurements of profitability obtained from Altegris/aaca Opportunistic's financial statements, Altegrisaaca Opportunistic Real may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Altegris/aaca Opportunistic's ability to earn profits and add value for shareholders.
Check out Your Equity Center 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.
Please note, there is a significant difference between Altegris/aaca Opportunistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altegris/aaca Opportunistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altegris/aaca Opportunistic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Altegris/aaca Opportunistic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altegris/aaca Opportunistic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altegrisaaca Opportunistic Real utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altegris/aaca Opportunistic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altegrisaaca Opportunistic Real over time as well as its relative position and ranking within its peers.
Altegris/aaca |
Altegris/aaca Opportunistic Net Asset vs. Year To Date Return Fundamental Analysis
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. Altegrisaaca Opportunistic Real is rated fifth largest fund in year to date return among similar funds. It also is rated fifth largest fund in net asset among similar funds making up about 23,744,402 of Net Asset per Year To Date Return. 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 vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Altegris/aaca Opportunistic |
| = | 8.77 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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.
Altegris/aaca Opportunistic |
| = | 208.35 M |
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.
Altegris/aaca Net Asset Comparison
Altegrisaaca Opportunistic is currently under evaluation in net asset among similar funds.
Altegris/aaca Opportunistic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altegris/aaca Opportunistic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altegris/aaca Opportunistic will eventually generate negative long term returns. The profitability progress is the general direction of Altegris/aaca Opportunistic's change in net profit over the period of time. It can combine multiple indicators of Altegris/aaca Opportunistic, 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.
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 . AltegrisAaca Opportunistic is traded on NASDAQ Exchange in the United States.
Altegris/aaca Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altegris/aaca Opportunistic. 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/aaca Opportunistic 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/aaca Opportunistic's important profitability drivers and their relationship over time.
Use Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic will appreciate offsetting losses from the drop in the long position's value.Altegris/aaca Opportunistic Pair Trading
Altegrisaaca Opportunistic Real Pair Trading Analysis
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Altegris/aaca Opportunistic position
In addition to having Altegris/aaca Opportunistic 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 Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 41 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 Electronics Theme or any other thematic opportunities.
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Check out Your Equity Center 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Tools for Altegris/aaca Mutual Fund
When running Altegris/aaca Opportunistic's price analysis, check to measure Altegris/aaca Opportunistic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altegris/aaca Opportunistic is operating at the current time. Most of Altegris/aaca Opportunistic's value examination focuses on studying past and present price action to predict the probability of Altegris/aaca Opportunistic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altegris/aaca Opportunistic's price. Additionally, you may evaluate how the addition of Altegris/aaca Opportunistic to your portfolios can decrease your overall portfolio volatility.
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