TNMAX One Year Return

TNMAX
 Fund
  

USD 8.86  0.01  0.11%   

1290 Multi-Alternative Strategies fundamentals help investors to digest information that contributes to 1290 Multi-Alternativ's financial success or failures. It also enables traders to predict the movement of TNMAX Mutual Fund. The fundamental analysis module provides a way to measure 1290 Multi-Alternativ'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 1290 Multi-Alternativ mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

TNMAX One Year Return Analysis

1290 Multi-Alternativ's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
One Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
More About One Year Return | All Equity Analysis

Current 1290 Multi-Alternativ One Year Return

    
  (3.49) %  
Most of 1290 Multi-Alternativ's fundamental indicators, such as One 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, 1290 Multi-Alternative Strategies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Compare to competition

1290 Multi-Alternativ One Year Return Component Assessment

Based on the recorded statements, 1290 Multi-Alternative Strategies has an One Year Return of -3.49%. This is much lower than that of the 1290 Funds family and significantly lower than that of the Multistrategy category. The one year return for all United States funds is notably higher than that of the company.

TNMAX One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1290 Multi-Alternativ's direct or indirect competition against its One 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 1290 Multi-Alternativ could also be used in its relative valuation, which is a method of valuing 1290 Multi-Alternativ by comparing valuation metrics of similar companies.
1290 Multi-Alternativ is currently under evaluation in one year return among similar funds.

Fund Asset Allocation for 1290 Multi-Alternativ

The fund invests 29.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (15.04%) , cash (39.15%) and various exotic instruments.
   Value   
       Instrument Type  

TNMAX Fundamentals

About 1290 Multi-Alternativ Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1290 Multi-Alternative Strategies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1290 Multi-Alternativ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1290 Multi-Alternative Strategies 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 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 1290 Multi-Alternativ without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Currently Active Assets on Macroaxis

Additionally, take a look at 1290 Multi-Alternativ Piotroski F Score and 1290 Multi-Alternativ Altman Z Score analysis. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.