Multi Manager Directional Alternative Fund Fundamentals
| CDAZX Fund | USD 7.08 0.02 0.28% |
Multi Manager Directional Alternative fundamentals help investors to digest information that contributes to Multi Manager's financial success or failures. It also enables traders to predict the movement of Multi Mutual Fund. The fundamental analysis module provides a way to measure Multi Manager's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Multi Manager mutual fund.
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Multi Manager Directional Alternative Mutual Fund Three Year Return Analysis
Multi Manager's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Multi Manager Three Year Return | 6.50 % |
Most of Multi Manager's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Multi Manager Directional Alternative is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Multi Manager Directional Alternative has a Three Year Return of 6.499%. This is 55.58% lower than that of the Columbia family and significantly higher than that of the Long-Short Equity category. The three year return for all United States funds is notably lower than that of the firm.
Multi Manager Direct Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Multi Manager's current stock value. Our valuation model uses many indicators to compare Multi Manager value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Multi Manager competition to find correlations between indicators driving Multi Manager's intrinsic value. More Info.Multi Manager Directional Alternative is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 440.75 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Multi Manager by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Multi Manager's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Multi Manager's earnings, one of the primary drivers of an investment's value.Multi Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Multi Manager's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Multi Manager could also be used in its relative valuation, which is a method of valuing Multi Manager by comparing valuation metrics of similar companies.Multi Manager is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Multi Manager
The fund invests 62.34% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (37.25%) and various exotic instruments (0.41%).Asset allocation divides Multi Manager's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Multi Fundamentals
| Total Asset | 285.91 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 5.47 % | |||
| One Year Return | 12.10 % | |||
| Three Year Return | 6.50 % | |||
| Five Year Return | 5.39 % | |||
| Net Asset | 289.32 M | |||
| Minimum Initial Investment | 100 | |||
| Cash Position Weight | 37.25 % | |||
| Equity Positions Weight | 62.34 % |
About Multi Manager Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Multi Manager Directional Alternative's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Multi Manager using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Multi Manager Directional Alternative based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.
Pair Trading with Multi Manager
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Multi Manager position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Multi Manager will appreciate offsetting losses from the drop in the long position's value.Moving together with Multi Mutual Fund
| 0.9 | CUSHX | Columbia Ultra Short | PairCorr |
| 0.9 | CUSBX | Columbia Ultra Short | PairCorr |
The ability to find closely correlated positions to Multi Manager could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Multi Manager when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Multi Manager - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Multi Manager Directional Alternative to buy it.
The correlation of Multi Manager is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Multi Manager moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Multi Manager Direct moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Multi Manager can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. 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 nation. Note that the Multi Manager Direct information on this page should be used as a complementary analysis to other Multi Manager's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.