ALTEGRISAACA Mutual Fund Buy Hold or Sell Recommendation

RAAAX
 Fund
  

USD 12.95  0.26  1.97%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding ALTEGRISAACA OPPORTUNISTIC REAL is 'Not Rated'. Macroaxis provides ALTEGRISAACA OPPORTUNISTIC buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RAAAX positions. The advice algorithm takes into account all of ALTEGRISAACA OPPORTUNISTIC's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from ALTEGRISAACA OPPORTUNISTIC's buy-and-hold perspective. Additionally, take a look at ALTEGRISAACA OPPORTUNISTIC Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as ALTEGRISAACA and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards ALTEGRISAACA OPPORTUNISTIC REAL.

Execute ALTEGRISAACA OPPORTUNISTIC Buy or Sell Advice

The ALTEGRISAACA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ALTEGRISAACA OPPORTUNISTIC REAL. Macroaxis does not own or have any residual interests in ALTEGRISAACA OPPORTUNISTIC REAL or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ALTEGRISAACA OPPORTUNISTIC's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ALTEGRISAACA OPPORTUNISTICBuy ALTEGRISAACA OPPORTUNISTIC
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon ALTEGRISAACA OPPORTUNISTIC REAL has a Mean Deviation of 1.7, Standard Deviation of 2.26 and Variance of 5.1
Our trade advice tool can cross-verify current analyst consensus on ALTEGRISAACA OPPORTUNISTIC and to analyze the fund potential to grow next year. Please makes use of ALTEGRISAACA OPPORTUNISTIC price to book, three year return, as well as the relationship between the Three Year Return and equity positions weight to make buy, hold, or sell decision on ALTEGRISAACA OPPORTUNISTIC.

ALTEGRISAACA OPPORTUNISTIC Trading Alerts and Improvement Suggestions

ALTEGRISAACA OPPORTUNISTIC generated a negative expected return over the last 90 days
The fund maintains 102.7% of its assets in stocks

ALTEGRISAACA OPPORTUNISTIC Returns Distribution Density

The distribution of ALTEGRISAACA OPPORTUNISTIC's historical returns is an attempt to chart the uncertainty of ALTEGRISAACA OPPORTUNISTIC's future price movements. The chart of the probability distribution of ALTEGRISAACA OPPORTUNISTIC stock daily returns describes the distribution of returns around its average expected value. We use ALTEGRISAACA OPPORTUNISTIC REAL price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ALTEGRISAACA OPPORTUNISTIC returns is essential to provide solid investment advice for ALTEGRISAACA OPPORTUNISTIC.
Mean Return-0.15Value At Risk-3.25
Potential Upside2.91Standard Deviation2.26
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ALTEGRISAACA OPPORTUNISTIC historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

ALTEGRISAACA OPPORTUNISTIC Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ALTEGRISAACA OPPORTUNISTIC or Altegris sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ALTEGRISAACA OPPORTUNISTIC's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ALTEGRISAACA fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.25
β
Beta against NYSE Composite1.31
σ
Overall volatility
2.27
Ir
Information ratio -0.1

ALTEGRISAACA OPPORTUNISTIC Volatility Alert

ALTEGRISAACA OPPORTUNISTIC REAL exhibits very low volatility with skewness of 1.25 and kurtosis of 3.72. However, we advise investors to further study ALTEGRISAACA OPPORTUNISTIC REAL technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ALTEGRISAACA OPPORTUNISTIC's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ALTEGRISAACA OPPORTUNISTIC's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

ALTEGRISAACA OPPORTUNISTIC Fundamentals Vs Peers

Comparing ALTEGRISAACA OPPORTUNISTIC's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ALTEGRISAACA OPPORTUNISTIC's direct or indirect competition across all of the common fundamentals between ALTEGRISAACA OPPORTUNISTIC and the related equities. This way, we can detect undervalued stocks with similar characteristics as ALTEGRISAACA OPPORTUNISTIC or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of ALTEGRISAACA OPPORTUNISTIC's fundamental indicators could also be used in its relative valuation, which is a method of valuing ALTEGRISAACA OPPORTUNISTIC by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ALTEGRISAACA OPPORTUNISTIC to competition
FundamentalsALTEGRISAACA OPPORTUNISTICPeer Average
Price to Earning27.50 X6.53 X
Price to Book2.08 X0.74 X
Price to Sales3.27 X0.61 X
One Year Return16.54 %4.15 %
Three Year Return9.53 %3.60 %
Five Year Return9.48 %3.24 %
Net Asset480.75 M4.11 B
Last Dividend Paid0.040.65
Cash Position Weight(3.41) %10.61 %
Equity Positions Weight102.70 %63.90 %

About ALTEGRISAACA OPPORTUNISTIC Buy or Sell Advice

When is the right time to buy or sell ALTEGRISAACA OPPORTUNISTIC REAL? Buying financial instruments such as ALTEGRISAACA Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Additionally, take a look at ALTEGRISAACA OPPORTUNISTIC Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the ALTEGRISAACA OPPORTUNISTIC information on this page should be used as a complementary analysis to other ALTEGRISAACA OPPORTUNISTIC'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Please note, there is a significant difference between ALTEGRISAACA OPPORTUNISTIC's value and its price as these two are different measures arrived at by different means. Investors typically determine ALTEGRISAACA OPPORTUNISTIC value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALTEGRISAACA OPPORTUNISTIC'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.