Alpha Centauri Capital Management LLC : Alpha Centauri Tactical Opportunities

Year-to-Date
0.49%
Sep Performance
-3.18%
Min Investment
$ 500k
Mgmt. Fee
1.00%
Perf. Fee
20.00%
Annualized Vol
6.58%
Sharpe (RFR=1%)
0.37
CAROR
3.29%
Assets
$ 4.2M
Worst DD
-8.02
S&P Correlation
0.05

Growth of 1,000 - VAMI

Monthly Performance

Export Data
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD DD

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Period Returns

Program / Index Sep Qtr YTD 1yr 3yr 5yr 10yr Since
1/2011
Alpha Centauri Tactical Opportunities -3.18 1.27 -0.49 0.64 4.76 6.47 - 32.76
S&P 500 1.72 1.19 18.74 2.15 35.89 49.39 - 129.07
+/- S&P 500 -4.90 0.08 -19.23 -1.51 -31.13 -42.92 - -96.31

Strategy Description

Summary

Alpha Centauri’s Tactical Opportunities is a discretionary global macro strategy seeking to deliver strong risk-adjusted returns uncorrelated with equity indexes or other major market benchmarks. Long-term trades are usually based on apparent fundamental mispricing and/or mean reversion.... Read More

Account & Fees

Type
Managed Account
Minimum Investment
$ 500k
Trading Level Incremental Increase
$ 0k
CTA Max Funding Factor
3.00
Management Fee
1.00%
Performance Fee
20.00%
Average Commission
$6.00
Available to US Investors
Yes

Subscriptions

High Water Mark
Yes
Subscription Frequency
1-7 Days
Redemption Frequency
Daily
Investor Requirements
QEP
Lock-up Period
0

Trading

Trading Frequency
1500 RT/YR/$M
Avg. Margin-to-Equity
10%
Targeted Worst DD
-15.00%
Worst Peak-to-Trough
8.04%
Sector Focus
Diversified Traders

Holding Periods

Over 12 Months
5.00%
4-12 Months
10.00%
1-3 Months
15.00%
1-30 Days
35.00%
Intraday
35.00%

Decision-Making

Discretionary
100.00%
Systematic
0%

Strategy

Arbitrage
20.00%
Counter-trend
10.00%
Fundamental
10.00%
Option-purchasing
2.00%
Pattern Recognition
20.00%
Technical
10.00%
Other
28.00%
Strategy Pie Chart

Composition

Stock Indices
23.00%
Interest Rates
15.00%
Currency Futures
10.00%
Industrial Metals
10.00%
Precious Metals
10.00%
Energy
10.00%
Grains
10.00%
VIX
10.00%
Softs
2.00%
Composition Pie Chart

Summary

Alpha Centauri’s Tactical Opportunities is a discretionary global macro strategy seeking to deliver strong risk-adjusted returns uncorrelated with equity indexes or other major market benchmarks. Long-term trades are usually based on apparent fundamental mispricing and/or mean reversion. Medium trades are frequently countertrend and initiated after a small countertrend price move. Short term trades are informed speculation, generally executed in liquid markets and enter and exited based partly on simultaneous price movements in correlated markets.

Investment Strategy

Alpha Centauri looks for a variety of tactical opportunities across a broad range of markets. Motivation for trades include short and long-term breakdowns in correlated markets, informed speculation, and/or conviction that our macro predictions differ significantly from probabilities implied from market prices.

Risk Management

Due to the substantial leverage futures trading affords prudent risk management is a vital component to our investing strategy. In general, we run our program and relatively low margin-to-equity ratio. We monitor positions at the pairs and portfolio level for correlation to avoid inadvertent additive risk. We make frequent use of stops, usually explicit in highly liquid markets and implicit in less liquid markets.

   

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Reward
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
Worst Loss:
Loss Frequency:
Average Loss:
Loss Deviation:
Reward/Risk
Sharpe Ratio: (RF=1%)
Skewness:
Kurtosis:
Reward
Compound RoR:
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
Worst Loss:
Loss Frequency:
Average Loss:
Loss Deviation:
Reward/Risk
Sharpe Ratio: (RF=1%)
Skewness:
Kurtosis:

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year.

Drawdown Report

Depth Length (Mos.) Recovery (Mos.) Peak Valley
-8.02 13 18 6/1/2015 7/1/2016
-7.77 6 - 5/1/2018 11/1/2018
-6.98 17 11 3/1/2012 8/1/2013
-2.78 2 1 1/1/0001 2/1/2011
-1.36 1 1 2/1/2018 3/1/2018
-1.28 1 3 9/1/2014 10/1/2014
-0.24 1 1 1/1/2015 2/1/2015
-0.19 1 1 12/1/2011 1/1/2012
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Consecutive Gains

Run-up Length (Mos.) Start End
17.92 8 3/1/2011 10/1/2011
8.35 6 4/1/2014 9/1/2014
8.06 6 8/1/2016 1/1/2017
6.13 4 9/1/2013 12/1/2013
5.07 4 3/1/2015 6/1/2015
5.06 2 10/1/2015 11/1/2015
4.65 2 4/1/2018 5/1/2018
4.60 2 7/1/2019 8/1/2019
4.51 1 5/1/2016 5/1/2016
4.29 3 12/1/2017 2/1/2018
3.79 2 12/1/2018 1/1/2019
3.05 1 1/1/2015 1/1/2015
2.96 3 12/1/2012 2/1/2013
2.50 2 2/1/2012 3/1/2012
2.32 1 9/1/2017 9/1/2017
2.16 2 2/1/2016 3/1/2016
2.11 1 2/1/2014 2/1/2014
1.83 2 3/1/2017 4/1/2017
1.61 1 5/1/2013 5/1/2013
1.10 1 11/1/2014 11/1/2014
0.74 1 7/1/2017 7/1/2017
0.71 2 8/1/2012 9/1/2012
0.70 2 9/1/2018 10/1/2018
0.39 1 12/1/2011 12/1/2011
0.25 1 5/1/2019 5/1/2019
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Consecutive Losses

Run-up Length (Mos.) Start End
-6.72 3 6/1/2018 8/1/2018
-6.37 3 7/1/2015 9/1/2015
-5.17 1 4/1/2016 4/1/2016
-4.51 4 4/1/2012 7/1/2012
-4.46 2 6/1/2016 7/1/2016
-4.00 3 6/1/2013 8/1/2013
-3.81 1 8/1/2017 8/1/2017
-3.34 2 12/1/2015 1/1/2016
-3.18 1 9/1/2019 9/1/2019
-2.78 2 1/1/2011 2/1/2011
-2.70 2 3/1/2013 4/1/2013
-2.69 1 1/1/2014 1/1/2014
-2.56 3 2/1/2019 4/1/2019
-1.98 1 2/1/2017 2/1/2017
-1.81 1 11/1/2018 11/1/2018
-1.36 1 3/1/2018 3/1/2018
-1.28 1 10/1/2014 10/1/2014
-1.03 2 10/1/2012 11/1/2012
-0.70 2 10/1/2017 11/1/2017
-0.37 1 3/1/2014 3/1/2014
-0.34 1 6/1/2019 6/1/2019
-0.28 2 5/1/2017 6/1/2017
-0.24 1 2/1/2015 2/1/2015
-0.19 1 12/1/2014 12/1/2014
-0.19 1 1/1/2012 1/1/2012
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year
Number of Periods105.00103.00100.0094.0088.0082.0070.0058.0046.00
Percent Profitable58.1060.1960.0068.0976.1479.2798.5794.83100.00
Average Period Return0.290.941.652.894.195.799.6113.5416.94
Average Gain1.522.844.165.336.087.599.7814.3616.94
Average Loss-1.45-1.95-2.12-2.31-1.85-1.10-1.69-1.45
Best Period5.8311.7515.2119.3518.2720.2418.9831.3432.12
Worst Period-5.17-6.72-7.77-7.76-5.61-2.27-1.69-2.296.47
Standard Deviation1.903.034.065.455.635.854.897.245.06
Gain Standard Deviation1.192.053.144.835.095.234.736.495.06
Loss Standard Deviation1.271.691.631.881.550.690.74
Sharpe Ratio (1%)0.110.230.280.350.480.641.341.312.34
Average Gain / Average Loss1.051.461.962.313.296.905.799.93
Profit / Loss Ratio1.482.212.944.9210.5026.39399.51181.99
Downside Deviation (10%)1.442.283.154.725.926.967.8110.6111.78
Downside Deviation (5%)1.271.741.952.151.841.500.661.32
Downside Deviation (0%)1.231.621.691.671.170.590.200.36
Sortino Ratio (10%)-0.08-0.13-0.26-0.45-0.58-0.64-0.79-0.75-0.91
Sortino Ratio (5%)0.160.400.590.881.462.5210.017.19
Sortino Ratio (0%)0.230.580.981.733.599.8647.6337.97

Top Performer Badges

Index Award Type Rank Performance Period
Discretionary Trader Index Month 6 3.43 8/2019
Discretionary Trader Index Month 9 1.13 7/2019
Discretionary Trader Index Month 7 2.83 12/2018

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.