Firsthand Alternative Energy Fund Analysis
| ALTEX Fund | USD 11.85 0.29 2.39% |
Firsthand Alternative's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Firsthand Alternative's financial risk is the risk to Firsthand Alternative stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Firsthand Alternative's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Firsthand Alternative is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Firsthand Alternative to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Firsthand Alternative is said to be less leveraged. If creditors hold a majority of Firsthand Alternative's assets, the Mutual Fund is said to be highly leveraged.
Firsthand Alternative Energy is overvalued with Real Value of 11.54 and Hype Value of 11.89. The main objective of Firsthand Alternative fund analysis is to determine its intrinsic value, which is an estimate of what Firsthand Alternative Energy is worth, separate from its market price. There are two main types of Firsthand Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Firsthand Alternative Energy. On the other hand, technical analysis, focuses on the price and volume data of Firsthand Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Firsthand Alternative mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Firsthand |
Firsthand Mutual Fund Analysis Notes
The fund holds about 25.62% of assets under management (AUM) in cash. Large For more info on Firsthand Alternative Energy please contact the company at 888-884-2675.Firsthand Alternative Investment Alerts
| The fund generated five year return of -1.0% | |
| Firsthand Alternative holds about 25.62% of its assets under management (AUM) in cash |
Firsthand Alternative Thematic Classifications
In addition to having Firsthand Alternative mutual fund in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
![]() | Energy FundsFunds investing in energy sector, natural resources, and Ecology | |
![]() | Alternative EnergyCompanies, funds and ETFs that are involved in development and popularizing of alternative energy |
Top Firsthand Alternative Energy Mutual Fund Constituents
| TSLA | Tesla Inc | Stock | |
| SPWR | Complete Solaria | Stock | |
| SEDG | SolarEdge Technologies | Stock | |
| RUN | Sunrun Inc | Stock | |
| PWR | Quanta Services | Stock | |
| POWI | Power Integrations | Stock | |
| PHG | Koninklijke Philips NV | Stock | |
| ITRI | Itron Inc | Stock | |
| HON | Honeywell International | Stock | |
| FSLR | First Solar | Stock | |
| ENPH | Enphase Energy | Stock | |
| ASPN | Aspen Aerogels | Stock | |
| VWSYF | Vestas Wind Systems | Pink Sheet | |
| MMM | 3M Company | Stock | |
| IVAC | Intevac | Stock | |
| GLW | Corning Incorporated | Stock | |
| PX | P10 Inc | Stock |
Firsthand Alternative Outstanding Bonds
Firsthand Alternative issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Firsthand Alternative uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Firsthand bonds can be classified according to their maturity, which is the date when Firsthand Alternative Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| US337932AJ65 Corp BondUS337932AJ65 | View | |
| US337932AL12 Corp BondUS337932AL12 | View | |
| FIRSTENERGY P 39 Corp BondUS337932AH00 | View |
Firsthand Alternative Predictive Daily Indicators
Firsthand Alternative intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Firsthand Alternative mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 11.85 | |||
| Day Typical Price | 11.85 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.29) | |||
| Relative Strength Index | 60.68 |
Firsthand Alternative Forecast Models
Firsthand Alternative's time-series forecasting models are one of many Firsthand Alternative's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Firsthand Alternative's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Firsthand Alternative Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Firsthand Alternative's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Firsthand Alternative, which in turn will lower the firm's financial flexibility.Firsthand Alternative Corporate Bonds Issued
About Firsthand Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Firsthand Alternative prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Firsthand shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Firsthand Alternative. By using and applying Firsthand Mutual Fund analysis, traders can create a robust methodology for identifying Firsthand entry and exit points for their positions.
The fund normally invests at least 80 percent of its assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The funds international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also from time to time, as part of its principal investment strategies, invest a substantial portion of its assets in cash or cash equivalents. The fund is non-diversified.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Firsthand Alternative to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Firsthand Mutual Fund
Firsthand Alternative financial ratios help investors to determine whether Firsthand 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 Firsthand with respect to the benefits of owning Firsthand Alternative security.
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