Altegrisaaca Opportunistic Real Fund Quote
| RAAIX Fund | USD 12.34 0.03 0.24% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Altegrisaaca Opportunistic is trading at 12.34 as of the 18th of April 2024; that is -0.24 percent decrease since the beginning of the trading day. The fund's open price was 12.37. Altegrisaaca Opportunistic has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Altegrisaaca Opportunistic Real are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
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. More on Altegrisaaca Opportunistic Real
Moving together with Altegrisaaca Mutual Fund
| 0.79 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
Moving against Altegrisaaca Mutual Fund
| 0.54 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
Altegrisaaca 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. Altegrisaaca Opportunistic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altegrisaaca Opportunistic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Altegris Funds, Large Funds, Real Estate Funds, Real Estate, Altegris (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Altegrisaaca Opportunistic Real [RAAIX] is traded in USA and was established 18th of April 2024. Altegrisaaca Opportunistic is listed under Altegris category by Fama And French industry classification. The fund is listed under Real Estate category and is part of Altegris family. This fund at this time has accumulated 208.35 M in assets with minimum initial investment of 1000 K. Altegrisaaca Opportunistic is currently producing year-to-date (YTD) return of 0.31%, while the total return for the last 3 years was -11.02%.
Check Altegrisaaca Opportunistic 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 Altegrisaaca 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 Altegrisaaca 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 Altegrisaaca Opportunistic Real 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 Altegrisaaca Opportunistic Real Mutual Fund Constituents
| BEPC | Brookfield Renewable Corp | Stock | Utilities |
| SBAC | SBA Communications Corp | Stock | Real Estate |
| CCI | Crown Castle | Stock | Real Estate |
| COR | Cencora | Stock | Health Care |
| CZR | Caesars Entertainment | Stock | Consumer Discretionary |
| GDS | GDS Holdings | Stock | Information Technology |
| IIPR | Innovative Industrial Properties | Stock | Real Estate |
Altegrisaaca Opportunistic Target Price Odds Analysis
Based on a normal probability distribution, the odds of Altegrisaaca Opportunistic jumping above the current price in 90 days from now is roughly 96.0%. The Altegrisaaca Opportunistic Real probability density function shows the probability of Altegrisaaca Opportunistic mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.4528 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Altegrisaaca Opportunistic will likely underperform. Additionally, altegrisaaca Opportunistic Real has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Altegrisaaca Opportunistic to move above the current price in 90 days from now is roughly 96.0 (This Altegrisaaca Opportunistic Real probability density function shows the probability of Altegrisaaca Mutual Fund to fall within a particular range of prices over 90 days) .
Altegrisaaca Opportunistic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Altegrisaaca Opportunistic market risk premium is the additional return an investor will receive from holding Altegrisaaca Opportunistic 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 Altegrisaaca Opportunistic. 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 Altegrisaaca Opportunistic's alpha and beta are two of the key measurements used to evaluate Altegrisaaca Opportunistic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9073 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.31 | |||
| Risk Adjusted Performance | (0.01) |
Altegrisaaca Opportunistic Against Markets
Picking the right benchmark for Altegrisaaca Opportunistic 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 Altegrisaaca Opportunistic 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 Altegrisaaca Opportunistic is critical whether you are bullish or bearish towards Altegrisaaca Opportunistic Real at a given time. Please also check how Altegrisaaca Opportunistic's historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
How to buy Altegrisaaca Mutual Fund?
Before investing in Altegrisaaca Opportunistic, 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 Altegrisaaca Opportunistic. To buy Altegrisaaca Opportunistic fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Altegrisaaca Opportunistic. 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 Altegrisaaca Opportunistic fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Altegrisaaca Opportunistic Real 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 Altegrisaaca Opportunistic Real 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 Altegrisaaca Opportunistic Real, 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 Altegrisaaca Opportunistic Real?
The danger of trading Altegrisaaca Opportunistic Real 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 Altegrisaaca Opportunistic 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 Altegrisaaca Opportunistic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Altegrisaaca Opportunistic 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Altegrisaaca Opportunistic Real. 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 gross domestic product. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.