TNMAX Mutual Fund Financials


USD 8.83  0.01  0.11%   

You can use 1290 MULTI-ALTERNATIVE STRATEGIES fundamental data analysis to find out if markets are at this moment mispricing the fund. We were able to analyze fourteen available financial indicators for 1290 MULTI-ALTERNATIV, which can be compared to its peers in the sector. Use 1290 MULTI-ALTERNATIVE price to book and net asset to make sure your decision on pricing 1290 MULTI-ALTERNATIVE is adequate. Use 1290 MULTI-ALTERNATIV to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences a normal downward trend and little activity. Check odds of 1290 MULTI-ALTERNATIV to be traded at $8.74 in 90 days.
With this module, you can analyze TNMAX financials for your investing period. You should be able to track the changes in 1290 MULTI-ALTERNATIV individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past 1290 MULTI-ALTERNATIV Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 1290 MULTI-ALTERNATIV's financial statements are interrelated, with each one affecting the others. For example, an increase in 1290 MULTI-ALTERNATIV's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
1290 MULTI-ALTERNATIVE STRATEGIES has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for 1290 MULTI-ALTERNATIV mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in 1290 MULTI-ALTERNATIV's official financial statements usually reflect 1290 MULTI-ALTERNATIV's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of 1290 MULTI-ALTERNATIVE. For example, before you start analyzing numbers published by TNMAX accountants, it's critical to develop an understanding of what 1290 MULTI-ALTERNATIV's liquidity, profitability, and earnings quality are in the context of the 1290 Funds space in which it operates.
Please note that past performance is not an indicator of the future performance of 1290 MULTI-ALTERNATIV, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

1290 MULTI-ALTERNATIV Company Summary

1290 MULTI-ALTERNATIV competes with Caterpillar, SCOR PK, Barloworld, American Manganese, and AMERICAN FUNDS. The fund pursues its investment objective by investing in exchange-traded securities of other investment companies or investment vehicles comprising various asset categories and strategies. 1290 Multi-Alternativ is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business Address1290 Funds
Mutual Fund Family1290 Funds
Mutual Fund CategoryMultistrategy
BenchmarkNYSE Composite
Phone888 310 0416
CurrencyUSD - US Dollar
You should never invest in 1290 MULTI-ALTERNATIV without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TNMAX Mutual Fund, because this is throwing your money away. Analyzing the key information contained in 1290 MULTI-ALTERNATIV's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

1290 MULTI-ALTERNATIV Key Financial Ratios

Generally speaking, 1290 MULTI-ALTERNATIV's financial ratios allow both analysts and investors to convert raw data from 1290 MULTI-ALTERNATIV's financial statements into concise, actionable information that can be used to evaluate the performance of 1290 MULTI-ALTERNATIV over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that 1290 MULTI-ALTERNATIVE reports annually and quarterly.

TNMAX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining 1290 MULTI-ALTERNATIV's current stock value. Our valuation model uses many indicators to compare 1290 MULTI-ALTERNATIV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 1290 MULTI-ALTERNATIV competition to find correlations between indicators driving 1290 MULTI-ALTERNATIV's intrinsic value. More Info.
1290 MULTI-ALTERNATIVE STRATEGIES is rated top fund in three year return among similar funds. It is rated top fund in price to book among similar funds . . Comparative valuation analysis is a catch-all model that can be used if you cannot value 1290 MULTI-ALTERNATIV by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 1290 MULTI-ALTERNATIV'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 1290 MULTI-ALTERNATIV's earnings, one of the primary drivers of an investment's value.

1290 MULTI-ALTERNATIVE Systematic Risk

1290 MULTI-ALTERNATIV's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 1290 MULTI-ALTERNATIV volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on 1290 MULTI-ALTERNATIVE correlated with the market. If Beta is less than 0 1290 MULTI-ALTERNATIV generally moves in the opposite direction as compared to the market. If 1290 MULTI-ALTERNATIV Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 1290 MULTI-ALTERNATIVE is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 1290 MULTI-ALTERNATIV is generally in the same direction as the market. If Beta > 1 1290 MULTI-ALTERNATIV moves generally in the same direction as, but more than the movement of the benchmark.

About 1290 MULTI-ALTERNATIV Financials

What exactly are 1290 MULTI-ALTERNATIV Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include 1290 MULTI-ALTERNATIV's income statement, its balance sheet, and the statement of cash flows. Potential 1290 MULTI-ALTERNATIV investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although 1290 MULTI-ALTERNATIV investors may use each financial statement separately, they are all related. The changes in 1290 MULTI-ALTERNATIV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 1290 MULTI-ALTERNATIV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as 1290 MULTI-ALTERNATIV is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of TNMAX has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
1290 MULTI-ALTERNATIVE STRATEGIES is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Multistrategy category is currently estimated at about 194.5 Billion. 1290 MULTI-ALTERNATIV adds roughly 16 Million in net asset claiming only tiny portion of funds under Multistrategy category.

1290 MULTI-ALTERNATIV December 8, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of 1290 MULTI-ALTERNATIV help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 1290 MULTI-ALTERNATIVE STRATEGIES. We use our internally-developed statistical techniques to arrive at the intrinsic value of 1290 MULTI-ALTERNATIVE STRATEGIES based on widely used predictive technical indicators. In general, we focus on analyzing TNMAX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 1290 MULTI-ALTERNATIV's daily price indicators and compare them against related drivers.
Information Ratio(0.17)
Maximum Drawdown3.21
Value At Risk(0.92)
Potential Upside1.1
Additionally, take a look at World Market Map. Note that the 1290 MULTI-ALTERNATIVE information on this page should be used as a complementary analysis to other 1290 MULTI-ALTERNATIV'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running 1290 MULTI-ALTERNATIVE price analysis, check to measure 1290 MULTI-ALTERNATIV'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 1290 MULTI-ALTERNATIV is operating at the current time. Most of 1290 MULTI-ALTERNATIV's value examination focuses on studying past and present price action to predict the probability of 1290 MULTI-ALTERNATIV's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 1290 MULTI-ALTERNATIV's price. Additionally, you may evaluate how the addition of 1290 MULTI-ALTERNATIV to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between 1290 MULTI-ALTERNATIV's value and its price as these two are different measures arrived at by different means. Investors typically determine 1290 MULTI-ALTERNATIV value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 MULTI-ALTERNATIV'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.