Alpine High Yield Fund Manager Performance Evaluation

AHYMX Fund  USD 9.11  0.01  0.11%   
The fund shows a Beta (market volatility) of 0.049, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alpine High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alpine High is expected to be smaller as well.

Risk-Adjusted Performance

4 of 100

 
Low
 
High
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Alpine High Yield are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Alpine High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more
Expense Ratio Date28th of February 2023
Expense Ratio0.7000
  

Alpine High Relative Risk vs. Return Landscape

If you would invest  906.00  in Alpine High Yield on December 29, 2023 and sell it today you would earn a total of  5.00  from holding Alpine High Yield or generate 0.55% return on investment over 90 days. Alpine High Yield is currently producing 0.0091% returns and takes up 0.1497% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Alpine, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Alpine High is expected to generate 14.58 times less return on investment than the market. But when comparing it to its historical volatility, the company is 3.83 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 of returns per unit of risk over similar time horizon.

Alpine High Current Valuation

Overvalued
Today
9.11
Please note that Alpine High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Alpine High Yield shows a prevailing Real Value of $8.37 per share. The current price of the fund is $9.11. We determine the value of Alpine High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Alpine High Yield is useful when determining the fair value of the Alpine mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Alpine High. Since Alpine High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alpine Mutual Fund. However, Alpine High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  9.11 Real  8.37 Hype  9.11 Naive  9.09
The real value of Alpine Mutual Fund, also known as its intrinsic value, is the underlying worth of Alpine High Yield Mutual Fund, which is reflected in its stock price. It is based on Alpine High's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Alpine High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alpine High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
8.37
Real Value
10.02
Upside
Estimating the potential upside or downside of Alpine High Yield helps investors to forecast how Alpine mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alpine High more accurately as focusing exclusively on Alpine High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.109.119.12
Details
Hype
Prediction
LowEstimatedHigh
8.969.119.26
Details
Potential
Annual Dividend
LowForecastedHigh
0.060.060.06
Details

Alpine High Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpine High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alpine High Yield, and traders can use it to determine the average amount a Alpine High'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 = 0.061

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsAHYMX

Estimated Market Risk

 0.15
  actual daily
1
99% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Alpine High is performing at about 4% 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 Alpine High by adding it to a well-diversified portfolio.

Alpine High Fundamentals Growth

Alpine Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alpine High, and Alpine High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alpine Mutual Fund performance.
Total Asset126.84 M

About Alpine High Performance

To evaluate Alpine High Yield 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 Alpine High 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 Alpine 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 Alpine High Yield market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alpine'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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in municipal obligations that are exempt from federal income tax . It invests at least 50 percent of its assets in municipal bonds rated BBB or lower by SP Global Ratings or Baa or lower by Moodys Investors Service, Inc., at the time of investment, or the equivalent by another independent rating agency or the unrated equivalent as determined by the Adviser.

Things to note about Alpine High Yield performance evaluation

Checking the ongoing alerts about Alpine High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alpine High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0%
Alpine High Yield holds most of the assets under management (AUM) in different types of exotic instruments.
Evaluating Alpine High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alpine High's mutual fund performance include:
  • Analyzing Alpine High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alpine High's stock is overvalued or undervalued compared to its peers.
  • Examining Alpine High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Alpine High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alpine High's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Alpine High's mutual fund. These opinions can provide insight into Alpine High's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Alpine High's mutual fund performance is not an exact science, and many factors can impact Alpine High's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpine High Yield. 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 population.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Alpine Mutual Fund analysis

When running Alpine High's price analysis, check to measure Alpine High'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 Alpine High is operating at the current time. Most of Alpine High's value examination focuses on studying past and present price action to predict the probability of Alpine High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpine High's price. Additionally, you may evaluate how the addition of Alpine High to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Alpine High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpine High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpine High'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.