TNMAX Mutual Fund Volatility

1290 Multi-Alternative retains Efficiency (Sharpe Ratio) of -0.0742, which signifies that the fund had -0.0742% of return per unit of price deviation over the last 3 months. Macroaxis outlook to foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. 1290 Multi-Alternativ exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 1290 Multi-Alternative Strategies Coefficient Of Variation of (1,347), standard deviation of 0.6596, and Market Risk Adjusted Performance of 1.53 to double-check the risk estimate we provide.
  
1290 Multi-Alternativ Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of TNMAX daily returns, and it is calculated using variance and standard deviation. We also use TNMAX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of 1290 Multi-Alternativ volatility.

1290 Multi-Alternative Mutual Fund Volatility Analysis

Volatility refers to the frequency at which 1290 Multi-Alternativ fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with 1290 Multi-Alternativ's price changes. Investors will then calculate the volatility of 1290 Multi-Alternativ's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of 1290 Multi-Alternativ's volatility:

Historical Volatility

This type of fund volatility measures 1290 Multi-Alternativ's fluctuations based on previous trends. It's commonly used to predict 1290 Multi-Alternativ's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for 1290 Multi-Alternativ's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on 1290 Multi-Alternativ's to be redeemed at a future date.
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1290 Multi-Alternativ Projected Return Density Against Market

Assuming the 90 days horizon 1290 Multi-Alternative Strategies has a beta of -0.0387 . This usually implies as returns on benchmark increase, returns on holding 1290 Multi-Alternativ are expected to decrease at a much lower rate. During the bear market, however, 1290 Multi-Alternative Strategies is likely to outperform the market.
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 1290 Multi-Alternativ or 1290 Funds 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 1290 Multi-Alternativ'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 TNMAX 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.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. 1290 Multi-Alternative is significantly underperforming DOW.
   Predicted Return Density   
       Returns  
1290 Multi-Alternativ's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how tnmax mutual fund's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a 1290 Multi-Alternativ Price Volatility?

Several factors can influence a Fund's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

1290 Multi-Alternativ Mutual Fund Risk Measures

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 1290 Multi-Alternativ or 1290 Funds 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 1290 Multi-Alternativ'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 TNMAX 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. Assuming the 90 days horizon the coefficient of variation of 1290 Multi-Alternativ is -1346.84. The daily returns are distributed with a variance of 0.44 and standard deviation of 0.66. The mean deviation of 1290 Multi-Alternative Strategies is currently at 0.48. For similar time horizon, the selected benchmark (DOW) has volatility of 1.41
α
Alpha over DOW
-0.06
β
Beta against DOW-0.04
σ
Overall volatility
0.66
Ir
Information ratio -0.18

1290 Multi-Alternativ Mutual Fund Return Volatility

1290 Multi-Alternativ historical daily return volatility represents how much of 1290 Multi-Alternativ fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.6596% volatility of returns over 90 . By contrast, DOW inherits 1.3814% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

1290 Multi-Alternativ Investment Opportunity

DOW has a standard deviation of returns of 1.38 and is 2.09 times more volatile than 1290 Multi-Alternative Strategies. of all equities and portfolios are less risky than 1290 Multi-Alternativ. Compared to the overall equity markets, volatility of historical daily returns of 1290 Multi-Alternative Strategies is lower than 5 () of all global equities and portfolios over the last 90 days. Use 1290 Multi-Alternative Strategies to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The mutual fund experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of 1290 Multi-Alternativ to be traded at $0.0 in 90 days.

Good diversification

The correlation between 1290 Multi-Alternative Strateg and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1290 Multi-Alternative Strateg and DJI in the same portfolio, assuming nothing else is changed.

1290 Multi-Alternativ Additional Risk Indicators

The analysis of 1290 Multi-Alternativ's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in 1290 Multi-Alternativ's investment and either accepting that risk or mitigating it. Along with some common measures of 1290 Multi-Alternativ mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

1290 Multi-Alternativ Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against 1290 Multi-Alternativ as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. 1290 Multi-Alternativ's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, 1290 Multi-Alternativ's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to 1290 Multi-Alternative Strategies.
Check out 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Tools for TNMAX Mutual Fund

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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