Altegris Futures Valuation
| EVOAX Fund | USD 6.84 0.01 0.15% |
At this time, the entity appears to be fairly valued. Altegris Futures Evo shows a prevailing Real Value of $6.82 per share. The current price of the fund is $6.84. We determine the value of Altegris Futures Evo from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Fairly Valued
Today
Please note that Altegris Futures' price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Altegris Futures Evo shows a prevailing Real Value of $6.82 per share. The current price of the fund is $6.84. We determine the value of Altegris Futures Evo from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Altegris Futures is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altegris Mutual Fund. However, Altegris Futures' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.84 | Real 6.82 | Hype 6.84 | Naive 6.9 |
The intrinsic value of Altegris Futures' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altegris Futures' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altegris Futures Evolution helps investors to forecast how Altegris mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altegris Futures more accurately as focusing exclusively on Altegris Futures' fundamentals will not take into account other important factors: Altegris Futures Total Value Analysis
Altegris Futures Evolution is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Altegris Futures fundamentals before making investing decisions based on enterprise value of the companyAltegris Futures Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Altegris suggests not a very effective usage of assets in December.About Altegris Futures Valuation
Our relative valuation model uses a comparative analysis of Altegris Futures. We calculate exposure to Altegris Futures's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Altegris Futures's related companies.The fund seeks to achieve its investment objective by allocating its assets between a Managed Futures strategy and a Fixed Income strategy. The Adviser expects that less than 100, typically 15-25, of the funds total net assets will be invested in andor used as collateral for, gaining exposure to Managed Futures strategies. The adviser expects that less than 100, typically 60-80, of the funds total net assets will be allocated to Fixed Income strategies.
Other Information on Investing in Altegris Mutual Fund
Altegris Futures financial ratios help investors to determine whether Altegris 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 Altegris with respect to the benefits of owning Altegris Futures security.
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