Firsthand Alternative Energy Fund Technical Analysis
| ALTEX Fund | USD 12.05 0.39 3.34% |
As of the 28th of January, Firsthand Alternative shows the Mean Deviation of 1.65, downside deviation of 2.37, and Coefficient Of Variation of 653.44. Firsthand Alternative technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Firsthand Alternative Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Firsthand, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirsthandFirsthand |
Firsthand Alternative 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Firsthand Alternative's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Firsthand Alternative.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Firsthand Alternative on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Firsthand Alternative Energy or generate 0.0% return on investment in Firsthand Alternative over 90 days. Firsthand Alternative is related to or competes with Fidelity Income, Commonwealth Japan, WisdomTree SmallCap, Fidelity Sustainable, Fidelity Income, Fidelity Fund, and Fidelity Income. The fund normally invests at least 80 percent of its assets in alternative energy and alternative energy technology comp... More
Firsthand Alternative Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Firsthand Alternative's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Firsthand Alternative Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.1191 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 4.15 |
Firsthand Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Firsthand Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Firsthand Alternative's standard deviation. In reality, there are many statistical measures that can use Firsthand Alternative historical prices to predict the future Firsthand Alternative's volatility.| Risk Adjusted Performance | 0.1195 | |||
| Jensen Alpha | 0.2617 | |||
| Total Risk Alpha | 0.1278 | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | 0.28 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Firsthand Alternative's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Firsthand Alternative January 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1195 | |||
| Market Risk Adjusted Performance | 0.29 | |||
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.85 | |||
| Downside Deviation | 2.37 | |||
| Coefficient Of Variation | 653.44 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.46 | |||
| Information Ratio | 0.1191 | |||
| Jensen Alpha | 0.2617 | |||
| Total Risk Alpha | 0.1278 | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | 0.28 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 4.15 | |||
| Downside Variance | 5.6 | |||
| Semi Variance | 3.42 | |||
| Expected Short fall | (1.75) | |||
| Skewness | 0.0717 | |||
| Kurtosis | 2.12 |
Firsthand Alternative Backtested Returns
Firsthand Alternative appears to be not too volatile, given 3 months investment horizon. Firsthand Alternative secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Firsthand Alternative Energy, which you can use to evaluate the volatility of the entity. Please utilize Firsthand Alternative's Coefficient Of Variation of 653.44, mean deviation of 1.65, and Downside Deviation of 2.37 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.24, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Firsthand Alternative will likely underperform.
Auto-correlation | -0.47 |
Modest reverse predictability
Firsthand Alternative Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Firsthand Alternative time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Firsthand Alternative price movement. The serial correlation of -0.47 indicates that about 47.0% of current Firsthand Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Firsthand Alternative technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Firsthand Alternative Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Firsthand Alternative volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Firsthand Alternative Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Firsthand Alternative Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Firsthand Alternative Energy based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Firsthand Alternative price pattern first instead of the macroeconomic environment surrounding Firsthand Alternative. By analyzing Firsthand Alternative's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Firsthand Alternative's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Firsthand Alternative specific price patterns or momentum indicators. Please read more on our technical analysis page.
Firsthand Alternative January 28, 2026 Technical Indicators
Most technical analysis of Firsthand help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Firsthand from various momentum indicators to cycle indicators. When you analyze Firsthand charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1195 | |||
| Market Risk Adjusted Performance | 0.29 | |||
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.85 | |||
| Downside Deviation | 2.37 | |||
| Coefficient Of Variation | 653.44 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.46 | |||
| Information Ratio | 0.1191 | |||
| Jensen Alpha | 0.2617 | |||
| Total Risk Alpha | 0.1278 | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | 0.28 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 4.15 | |||
| Downside Variance | 5.6 | |||
| Semi Variance | 3.42 | |||
| Expected Short fall | (1.75) | |||
| Skewness | 0.0717 | |||
| Kurtosis | 2.12 |
Firsthand Alternative January 28, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Firsthand stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 12.05 | ||
| Day Typical Price | 12.05 | ||
| Price Action Indicator | 0.20 |
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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