AAACX Mutual Fund Manager Performance Evaluation

AAACX -  USA Fund  

USD 8.06  0.49  5.73%

The entity owns a Beta (Systematic Risk) of 0.4042, which signifies possible diversification benefits within a given portfolio. Let's try to break down what AAACX's beta means in this case. As returns on the market increase, A3 Alternative returns are expected to increase less than the market. However, during the bear market, the loss on holding A3 Alternative will be expected to be smaller as well. Even though it is essential to pay attention to A3 Alternative Credit existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. A3 Alternative exposes twenty-one different technical indicators, which can help you to evaluate its performance.

AAACX Mutual Fund Performance 

 
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AAACX Performance
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Over the last 90 days A3 Alternative Credit has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's fundamental indicators remain fairly strong which may send shares a bit higher in February 2022. The current disturbance may also be a sign of long term up-swing for the fund investors.

A3 Alternative Relative Risk vs. Return Landscape

If you would invest  947.00  in A3 Alternative Credit on October 18, 2021 and sell it today you would lose (141.00)  from holding A3 Alternative Credit or give up 14.89% of portfolio value over 90 days. A3 Alternative Credit is currently producing negative expected returns and takes up 1.3749% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than AAACX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon A3 Alternative is expected to under-perform the market. In addition to that, the company is 1.75 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of volatility.

A3 Alternative Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for A3 Alternative's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as A3 Alternative Credit, and traders can use it to determine the average amount a A3 Alternative's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.176

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Negative ReturnsAAACX
Estimated Market Risk
 1.37
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 11 %
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Expected Return
 -0.24
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Risk-Adjusted Return
 -0.18
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Based on monthly moving average A3 Alternative is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of A3 Alternative by adding it to a well-diversified portfolio.

About A3 Alternative Performance

To evaluate A3 Alternative Credit Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when A3 Alternative generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare AAACX Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand A3 Alternative Credit stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents AAACX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.

Things to note about A3 Alternative Credit

Checking the ongoing alerts about A3 Alternative for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for A3 Alternative Credit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

A3 Alternative Alerts

Equity Alerts and Improvement Suggestions

A3 Alternative generated a negative expected return over the last 90 days
Please continue to Trending Equities. Note that the A3 Alternative Credit information on this page should be used as a complementary analysis to other A3 Alternative'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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for AAACX Mutual Fund analysis

When running A3 Alternative Credit price analysis, check to measure A3 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 A3 Alternative is operating at the current time. Most of A3 Alternative's value examination focuses on studying past and present price action to predict the probability of A3 Alternative's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A3 Alternative's price. Additionally, you may evaluate how the addition of A3 Alternative to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between A3 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine A3 Alternative value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A3 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.