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This website is provided for informational purposes only and should not be construed as investment advice or an offer or solicitation to buy or sell securities. We discuss general market activity, industry or sector trends, or other broad-based economic or market conditions and this should not be construed as research, securities recommendations or investment advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Any forecasts or predictions are subject to high levels of uncertainty that may affect actual performance. Accordingly, all such predictions should be viewed as merely representative of a broad range of possible outcomes.
No client or prospective client should assume that any information presented in this website serves as the receipt of, or a substitute for, personalized individual advice from New Age Alpha or any other investment professional. Any charts, graphs or tables used in this website are for illustrative purposes only and should not be construed as providing investment advice and should not be construed by a client or a prospective client as a solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice.
Past performance is not indicative of future results. Current and future results may be lower or higher than those shown. An investor in the strategy may experience a loss. Information contained herein does not reflect the actual performance of the strategy. All research and data is simulated and should not be considered indicative of the skill of New Age Alpha. You cannot invest directly in an index. This presentation does not include the deduction of any fees and expenses because an index does not have any such fees or expenses, such as management fees or transactions costs. Investments in securities will generally include fees and expenses that will decrease investment returns. The performance results reflect the reinvestment of dividends and interest.
Data for the First Value Date through the Live Date is hypothetical, annualized and back-tested. Back-tested performance is provided for informational purposes to indicate historical performance had the strategy been available over the relevant period. New Age Alpha’s back-tested and hypothetical results do not represent the results of actual trading using client assets but were achieved by means of the retroactive application of the strategy's investment methodology that was designed with the benefit of hindsight. Thus, the simulated performance results noted herein should not be considered indicative of the skill of New Age Alpha and are not representative of the actual performance results that are or could be attained by clients of New Age Alpha. There are numerous factors related to the markets in general or the implementation of any investment strategy, which cannot be fully accounted for in the preparation of hypothetical results. All of these factors can adversely affect actual performance results, including but not limited to: market liquidity, general levels of interest rates, and the effect of the relevant markets of political, economic or other external events. The results do not necessarily reflect the impact that any material market or economic factors may have had on the strategy.
On this website, unless otherwise noted, risk refers to the risk that comes from reliance on market information sourced from human subjective interpretation of data to derive or forecast performance (“Risk”). Risk does not refer to traditional market risk, but the risk that stock prices are affected by human biases. This creates a Risk that investors are not compensated for taking, the Risk is referred to as the h-factor . If all other factors remain the same, investors in portfolios designed to avoid this Risk, or in other words the h-factor, may experience better returns because they have minimized the costs of human error. There can be no guarantee that the application of the h-factor to investment portfolios or certain stock or securities can produce profitable results. Results are not guaranteed.
Any performance or projections discussed are not guaranteed in any way. Past performance is not indicative or a guarantee of future returns.
Information related to projections, returns, estimated additional returns, increases in portfolio values, performance, outperformance, market risk or Risk forecasts are estimates only. Hypothetical or simulated examples including charts and tables herein are for illustrative purposes only, are subject to limitations and do not reflect actual trading or investment results and therefore do not account for market risks, economic conditions, taxes, fees or expenses market risks associated therewith. Estimated returns are a combination of current returns, historical or simulated returns and projections on future return trends. Investments entail the acceptance of risk of a loss of capital invested. Such losses are not reflected in illustrations, images, simulated performance or returns.
The comments, opinions, and estimates contained on this website are based on, or derived from publicly available information from sources believed to be reliable. However, we do not guarantee their accuracy. The performance information presented has not been audited or verified by an independent accounting firm. This hypothetical performance, if any, is provided for informational purposes only and sets forth our views as of this date. The underlying assumptions, and these views are subject to change. There is no guarantee that the views we express will be realized.
New Age Alpha refers to the New Age Alpha separate but affiliated entities, generally, rather than to one particular entity. These entities are New Age Alpha LLC and New Age Alpha Advisors, LLC (“NAAA”). Investment advice is offered through NAAA a wholly owned subsidiary of New Age Alpha LLC. NAAA is an investment advisor registered with the U.S. Securities and Exchange Commission. NAAA located in the State of New York, only transacts business in those states in which it is properly registered or qualifies for an applicable exemption or exclusion from such state’s registration requirements.
This report may contain forward-looking statements about future performance, strategies or prospects, and possible future action. The words "may," "could," "should," "would," "suspect," "outlook," "believe," "plan," "anticipate," "estimate," "expect," "intend," "forecast," "objective" and similar expressions are intended to identify forward-looking statements. Forward-looking statements and are not guarantees of future performance, . Forward-looking statements involve inherent risks and uncertainties about general economic factors, so it is possible that predictions, forecasts, projections, and other forward-looking statements will not be achieved. We caution you not to place undue reliance on these statements and all opinions contained in forward-looking statements are subject to change without notice and are provided in good faith but without legal responsibility.
The information presented should not be deemed gambling advice or gaming advice.
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc, (“MSCI”) and Standard & Poor’s, a division of the McGraw-Hill Companies, Inc. (“S&P”). GICS presents industry classification as a series of levels (i.e. sector, industry group, industry, and sub-industry). Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any CICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any or such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, or any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Annualized Alpha: a statistical measurement that gauges an investment's performance relative to a benchmark index, expressed as an annualized return percentage.
Information Ratio: a measurement of portfolio returns beyond the returns of a benchmark, usually an index, compared to the volatility of those returns.
Tracking Error: the annualized standard deviation of daily return differences between the total return performance of the fund and the total return performance of its underlying index.
Sharpe Ratio: a risk-adjusted return measure that compares an investment's performance to a risk-free asset.
Beta: a measurement of the volatility or systematic risk of a security or portfolio compared to the market.
R Squared: a statistical measure that indicates how much of the variation of a dependent variable is explained by an independent variable in a regression model.
Upside Capture: ratio measures a strategy’s performance in up markets relative to an index.
Downside Capture: ratio measures a strategy’s performance in down markets relative to the index.
Standard Deviation: measures how far an asset's returns have been from its average return in a specific period.
Batting Average: a measure of a manager's ability to consistently beat the market.
Tax Optimization is an algorithm developed by New Age Alpha that attempts to minimize the amount of capital gains or meet the amount of capital gain/loss set by a client in any given calendar year. To do so, New Age Alpha analyzes client portfolios based on an algorithm to harvest capital losses as well as capital gains. This approach may result in inability to meet client’s capital gain/loss target under certain market conditions. Tax optimization involves certain risks, including, among others, the risk that the new investment could have higher costs than the original investment and could introduce portfolio tracking error into your accounts. There may also be unintended tax implications. We recommend that you consult a tax advisor before taking action. New Age Alpha reserves the right to update the tax harvesting/tax optimization algorithm at any time at its sole discretion. New Age Alpha does not provide tax advice. Please consult your accountant for any tax related issues.
We understand that users may use space to address certain tax optimization situations. Please be advised that:
- • NAA is not a CPA and this is not tax advice;
- • Tax laws and rates change periodically; and
- • For specific, personalized tax-related advice, consult with a CPA or other tax professional.
All New Age Alpha trademarks are owned by New Age Alpha LLC. All other company or product names mentioned or displayed herein are the property of their respective owners and should not be deemed to be a sponsorship or an endorsement of any New Age Alpha product, portfolio, or strategy. New Age Alpha is not associated with any of these listed companies and it is not known whether these companies approve or disapprove of New Age Alpha or the advisory services, products, or strategies it provides. Notwithstanding the foregoing, S&P, Dow Jones, and Refinitiv and all other providers are the property of their respective owners and should not be deemed to be an endorsement of any New Age Alpha product, portfolio or strategy. S&P Dow Jones S&P is a registered trademark of Standard & Poor's Financial Services LLC ("SPFS”) and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").
RBP and Transparent Value are marks and/or methodologies owned by Guggenheim Partners and its affiliates. Nothing contained in this document should be deemed as an endorsement of any New Age Alpha products, portfolios, or strategies by Guggenhiem Partners or its affiliates.
Any h-factor displayed on this website are being provided for illustrative purposes only and should not be construed as providing investment advice or as a recommendation to buy or sell any particular security. h-factor measures the probability that, according to the h-factor algorithm, a company will deliver the growth necessary to support its stock price and are not alone a recommendation about how to invest. Furthermore, any h-factor referenced herein is a snapshot taken at a particular point in time and any analysis or information contained in such score is outdated and should not be relied upon as investment advice as such information may have materially changed since publication. We are happy to provide additional information about h-factor upon request.
OWNERSHIP OF ANY COMPANIES MENTIONED The discussion of any companies mentioned is this document is not an endorsement of any company or a recommendation to buy, sell or hold any security. The views stated herein are only current through the date stated and are subject to change at any time based on market or other conditions and New Age Alpha disclaims any responsibility to update such views. New Age Alpha may own positions in any company mentioned and will disclose this when applicable. New Age Alpha typically holds securities in its portfolio only if it becomes part of the established universe of eligible securities that are part of each specific investment strategy (e.g. the S&P 500®). It is important to note that there can be no guarantee that the application of The h-factor to investment portfolios or certain stocks or securities can produce profitable results.
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