Altegris/aaca Opportunistic Three Year Return vs. Price To Book
| RAAIX Fund | USD 13.89 0.01 0.07% |
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 Price To Book vs. Three Year 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 three year return among similar funds. It is rated fourth largest fund in price to book among similar funds . 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 Price To Book vs. Three Year Return
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.
Altegris/aaca Opportunistic |
| = | (10.21) % |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Altegris/aaca Opportunistic |
| = | 2.08 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Altegris/aaca Price To Book Comparison
Altegrisaaca Opportunistic is currently under evaluation in price to book 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 . It is non-diversified.
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 Altegris/aaca Opportunistic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic - 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 Altegrisaaca Opportunistic Real to buy it.
The correlation of Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic 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 Moderate Funds Thematic Idea Now
Moderate Funds
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds 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 Moderate Funds Theme or any other thematic opportunities.
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Other Information on Investing in Altegris/aaca Mutual Fund
To fully project Altegris/aaca Opportunistic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altegris/aaca Opportunistic 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/aaca Opportunistic's income statement, its balance sheet, and the statement of cash flows.
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