K2 Alternative Strategies Fund Quote

FASRX Fund  USD 11.58  0.04  0.35%   

Performance

34 of 100

 
Low
 
High
Very Strong

Odds Of Distress

Less than 21

 
100  
 
Zero
Low
K2 Alternative is trading at 11.58 as of the 28th of March 2024; that is 0.35 percent up since the beginning of the trading day. The fund's open price was 11.54. K2 Alternative has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat very strong performance during the last 90 days. Equity ratings for K2 Alternative Strategies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. More on K2 Alternative Strategies

Moving together with FASRX Mutual Fund

  0.69USG USCF Gold Strategy Symbol ChangePairCorr
  0.96TEBIX Franklin Mutual BeaconPairCorr
  0.79TEDMX Templeton DevelopingPairCorr
  0.91TEDIX Franklin Mutual GlobalPairCorr
  0.9TEDSX Franklin Mutual GlobalPairCorr
  0.91TEDRX Franklin Mutual GlobalPairCorr

Moving against FASRX Mutual Fund

  0.64TEGBX Templeton Global BondPairCorr

FASRX Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. K2 Alternative's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding K2 Alternative or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationFranklin Templeton Investments Funds, Large Funds, Multistrategy Funds, Multistrategy, Franklin Templeton Investments (View all Sectors)
Update Date22nd of March 2024
K2 Alternative Strategies [FASRX] is traded in USA and was established 28th of March 2024. K2 Alternative is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of Franklin Templeton Investments family. This fund currently has accumulated 1.22 B in assets under management (AUM) with no minimum investment requirementsK2 Alternative Strategies is currently producing year-to-date (YTD) return of 4.82% with the current yeild of 0.83%, while the total return for the last 3 years was 0.66%.
Check K2 Alternative Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on FASRX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FASRX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as K2 Alternative Strategies Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top K2 Alternative Strategies Mutual Fund Constituents

CPCanadian Pacific RailwayStockIndustrials
PYPLPayPal HoldingsStockFinancials
QQQInvesco QQQ TrustEtfLarge Growth
IWPIShares Russell Mid CapEtfMid-Cap Growth
LHXL3Harris TechnologiesStockIndustrials
LLLJX LuxventureStockApparel Manufacturing
MAMastercardStockFinancials
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K2 Alternative Target Price Odds Analysis

Based on a normal probability distribution, the odds of K2 Alternative jumping above the current price in 90 days from now is about 1.99%. The K2 Alternative Strategies probability density function shows the probability of K2 Alternative mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon K2 Alternative has a beta of 0.204. This usually indicates as returns on the market go up, K2 Alternative average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding K2 Alternative Strategies will be expected to be much smaller as well. Additionally, k2 Alternative Strategies has an alpha of 0.0455, implying that it can generate a 0.0455 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 11.58HorizonTargetOdds Above 11.58
97.93%90 days
 11.58 
1.99%
Based on a normal probability distribution, the odds of K2 Alternative to move above the current price in 90 days from now is about 1.99 (This K2 Alternative Strategies probability density function shows the probability of FASRX Mutual Fund to fall within a particular range of prices over 90 days) .

K2 Alternative Strategies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. K2 Alternative market risk premium is the additional return an investor will receive from holding K2 Alternative long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in K2 Alternative. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although K2 Alternative's alpha and beta are two of the key measurements used to evaluate K2 Alternative's performance over the market, the standard measures of volatility play an important role as well.

K2 Alternative Against Markets

Picking the right benchmark for K2 Alternative mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in K2 Alternative mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for K2 Alternative is critical whether you are bullish or bearish towards K2 Alternative Strategies at a given time. Please also check how K2 Alternative's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in K2 Alternative without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy FASRX Mutual Fund?

Before investing in K2 Alternative, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in K2 Alternative. To buy K2 Alternative fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of K2 Alternative. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase K2 Alternative fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located K2 Alternative Strategies fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased K2 Alternative Strategies fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as K2 Alternative Strategies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in K2 Alternative Strategies?

The danger of trading K2 Alternative Strategies is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of K2 Alternative is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than K2 Alternative. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile K2 Alternative Strategies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in K2 Alternative Strategies. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running K2 Alternative's price analysis, check to measure K2 Alternative'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 K2 Alternative is operating at the current time. Most of K2 Alternative's value examination focuses on studying past and present price action to predict the probability of K2 Alternative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Alternative's price. Additionally, you may evaluate how the addition of K2 Alternative to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between K2 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if K2 Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K2 Alternative'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.