Kazmarck Capital LLC : The Opportunities Program

Year-to-Date
42.18%
Oct Performance
0.30%
Min Investment
$ 100k
Mgmt. Fee
0%
Perf. Fee
20.00%
Annualized Vol
19.96%
Sharpe (RFR=1%)
-0.07
CAROR
-2.48%
Assets
$ 122k
Worst DD
-49.09
S&P Correlation
0.07

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 Oct Qtr YTD 1yr 3yr 5yr 10yr Since
9/2016
The Opportunities Program 0.30 0.16 -42.18 -38.75 -13.51 - - -9.93
S&P 500 -2.77 -0.04 1.21 7.65 26.97 - - 49.28
+/- S&P 500 3.07 0.19 -43.39 -46.40 -40.47 - - -59.20

Strategy Description

Summary

The Opportunities Program is Global Macro Absolute Return strategy that aims to generate above average, uncorrelated, risk-adjusted returns by utilizing a combination of fundamental, technical, sentiment, and price action analysis.... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 100k
Trading Level Incremental Increase $ 100k
CTA Max Funding Factor 2.00
Management Fee 0%
Performance Fee 20.00%
Average Commission $3.00
Available to US Investors Yes

Subscriptions

High Water Mark Yes
Subscription Frequency Daily
Redemption Frequency Daily
Investor Requirements Any Investor
Lock-up Period 0

Trading

Trading Frequency 1900 RT/YR/$M
Avg. Margin-to-Equity 16%
Targeted Worst DD -10.00%
Worst Peak-to-Trough 6.60%
Sector Focus Diversified Traders

Holding Periods

Over 12 Months 0%
4-12 Months 0%
1-3 Months 9.00%
1-30 Days 71.00%
Intraday 20.00%

Decision-Making

Discretionary 100.00%
Systematic 0%

Strategy

Counter-trend
5.00%
Fundamental
15.00%
Momentum
15.00%
Option-writing
15.00%
Pattern Recognition
10.00%
Spreading/hedging
5.00%
Technical
15.00%
Trend-following
15.00%
Other
5.00%
Strategy Pie Chart

Composition

Currency Futures
42.00%
Energy
26.00%
Stock Indices
23.00%
Precious Metals
6.00%
Grains
1.00%
Livestock
1.00%
Softs
1.00%
Composition Pie Chart

Summary

The Opportunities Program is Global Macro Absolute Return strategy that aims to generate above average, uncorrelated, risk-adjusted returns by utilizing a combination of fundamental, technical, sentiment, and price action analysis.

Investment Strategy

The Opportunities Program trades futures and options on futures in various markets such as precious metals, energy, fx, and global indices by using a combination of fundamental, technical, and sentiment analysis on multiple time frames.

The program takes long, short, and spread positions depending on the situation and scenario analysis, as well as writing (selling) of naked or covered options. At times, the program may buy options. The strategy may be concentrated in one or several instruments at any given time. The methodology of trading is based on the manager's understanding of underlying fundamental drivers as well as conducting technical, price action and market/sentiment analysis.

Risk Management

Risk management is at the discretion of the manager; however, several tools are applied to manage market, portfolio, and idiosyncratic risks such as monitoring gross and net exposure, knowing and understanding the correlation and beta within the portfolio, utilizing stop and limit orders, as well as maintaining a low average margin-to-equity ratio under 20%.

   

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
-49.09 8 - 12/1/2019 8/1/2020
-6.62 1 4 1/1/2017 2/1/2017
-5.32 3 2 8/1/2017 11/1/2017
-5.16 1 4 3/1/2019 4/1/2019
-5.12 1 3 8/1/2019 9/1/2019
-4.72 1 2 10/1/2018 11/1/2018
-4.67 3 1 6/1/2018 9/1/2018
-2.56 1 1 1/1/0001 9/1/2016
-1.74 1 1 6/1/2017 7/1/2017
-1.11 1 2 10/1/2016 11/1/2016
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Consecutive Gains

Run-up Length (Mos.) Start End
33.49 7 12/1/2017 6/1/2018
13.57 2 9/1/2020 10/1/2020
9.84 4 12/1/2018 3/1/2019
9.18 3 10/1/2019 12/1/2019
6.57 1 3/1/2017 3/1/2017
6.42 1 8/1/2017 8/1/2017
5.42 1 10/1/2018 10/1/2018
4.69 2 7/1/2019 8/1/2019
4.45 1 5/1/2019 5/1/2019
4.20 1 10/1/2016 10/1/2016
2.90 2 12/1/2016 1/1/2017
2.45 2 5/1/2017 6/1/2017
2.16 1 5/1/2020 5/1/2020
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Consecutive Losses

Run-up Length (Mos.) Start End
-38.11 4 1/1/2020 4/1/2020
-19.48 3 6/1/2020 8/1/2020
-6.62 1 2/1/2017 2/1/2017
-5.32 3 9/1/2017 11/1/2017
-5.16 1 4/1/2019 4/1/2019
-5.12 1 9/1/2019 9/1/2019
-4.72 1 11/1/2018 11/1/2018
-4.67 3 7/1/2018 9/1/2018
-2.56 1 9/1/2016 9/1/2016
-1.74 1 7/1/2017 7/1/2017
-1.11 1 11/1/2016 11/1/2016
-0.61 1 4/1/2017 4/1/2017
-0.36 1 6/1/2019 6/1/2019
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year
Number of Periods50.0048.0045.0039.0033.0027.0015.00
Percent Profitable56.0060.4268.8976.9272.7370.3746.67
Average Period Return-0.04-0.260.144.8412.1717.3515.48
Average Gain3.605.338.4316.1727.8137.0746.05
Average Loss-4.67-8.80-18.22-32.95-29.55-29.50-11.26
Best Period13.2315.8330.7233.5439.0849.8254.22
Worst Period-23.05-35.14-39.61-47.26-45.13-40.50-27.56
Standard Deviation5.7610.5516.6723.2627.8331.8230.38
Gain Standard Deviation2.874.747.8810.169.317.155.64
Loss Standard Deviation5.1711.3416.4410.3812.468.138.20
Sharpe Ratio (1%)-0.02-0.05-0.020.160.380.480.41
Average Gain / Average Loss0.770.610.460.490.941.264.09
Profit / Loss Ratio0.980.921.021.642.512.983.58
Downside Deviation (10%)4.759.3814.5518.8320.3522.0320.51
Downside Deviation (5%)4.608.9813.6816.9717.3417.6511.84
Downside Deviation (0%)4.568.8813.4716.5116.6116.589.95
Sortino Ratio (10%)-0.09-0.16-0.16-0.010.220.32-0.01
Sortino Ratio (5%)-0.03-0.06-0.030.230.620.871.05
Sortino Ratio (0%)-0.01-0.030.010.290.731.051.56

Top Performer Badges

Index Award Type Rank Performance Period

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