Alchemy Trading

Alchemy Trading AS

Strategy Description

Alchemy Trading is a long/short equity fund with a Scandinavian listed equities mandate that targets double-digit returns with half the volatility budget. The fund incorporates momentum-based strategies with prudent cash management and Kelly criterion inspired risk-management practices. The stock selection process is top down and sizing reflects an assessment of risk-adjusted returns of the individual idea. Alchemy Trading has a particular knack for capturing alpha from the behavioral bias of local asset allocators. 

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureAlternative Investment Fund
Fund DomicileNorway
Minimum Investment -
AUM145M USD
Inception DateOct 2012
Management Fee2.50%
Performance Fee10.00%
SFDR Classification -

Company Information

CompanyAlchemy Trading AS
AddressOlav Vs gate 5
Oslo, 0161
Phone0047 970 97 324
E-mail[email protected]
Websitewww.alchemytrading.no
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2019 -0.51 -0.88 -2.36 1.26 -1.82 -1.41 2.98 -0.59 -1.60 -1.94 -0.51 -1.99 -9.10
2018 -0.14 0.99 -2.31 -0.60 1.09 -0.74 -4.28 -1.43 1.82 -4.77 1.34 0.43 -8.51
2017 -0.20 -3.00 -2.30 3.40 -3.70 -1.20 -0.30 -0.60 4.10 -0.30 0.20 3.00 -1.23
2016 -2.41 0.20 0.00 -1.10 -0.24 -1.40 0.10 2.40 2.50 2.00 -1.90 4.80 4.81
2015 4.23 1.12 3.21 3.79 1.57 0.84 2.21 -5.67 -0.42 0.52 3.28 1.18 16.62
2014 4.40 2.00 -1.50 -0.90 1.10 5.10 2.10 -0.50 2.30 0.40 2.80 2.10 20.96
2013 -1.10 1.20 -3.20 6.50 0.30 -1.10 5.00 -0.60 2.30 2.70 4.90 0.50 18.32
2012 0.70 2.60 3.50 6.93

Portfolio Managers

 
No data filled

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -17.85% 36 0 01/2017 -
2 -6.14% 11 4 08/2015 10/2016
3 -3.20% 1 1 03/2013 04/2013
4 -2.39% 2 2 03/2014 06/2014
5 -1.90% 1 1 11/2016 12/2016

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-1.48%-0.62%-0.79%-0.76%-0.54%
% Positive0.00%16.67%16.67%29.17%30.56%
Avg. Pos. Period - 2.98%2.12%1.42%1.87%
Avg. Neg. Period-1.48%-1.33%-1.36%-1.64%-1.58%
Sharpe Ratio-7.47-1.23-1.84-1.45-0.90
Sortino Ratio-3.15-1.60-1.99-1.53-1.12
Monthly Volatility0.69%1.71%1.47%1.79%2.03%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 6.50%-5.67%0.52%0.30%-1.99%54.02%
3 Months 10.21%-6.35%1.63%1.98%-4.38%56.47%
6 Months 18.50%-8.20%3.42%2.14%-3.68%62.20%
1 Year 31.99%-12.13%7.43%3.79%-9.10%65.79%
2 Years 61.70%-16.83%16.35%6.52%-16.83%70.31%
3 Years 70.74%-17.85%23.35%21.12%-17.85%69.23%
5 Years 79.57%0.41%41.72%36.05%0.41%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Strategy Description

Alchemy Trading is a long/short equity fund with a Scandinavian listed equities mandate that targets double-digit returns with half the volatility budget. The fund incorporates momentum-based strategies with prudent cash management and Kelly criterion inspired risk-management practices. The stock selection process is top down and sizing reflects an assessment of risk-adjusted returns of the individual idea. Alchemy Trading has a particular knack for capturing alpha from the behavioral bias of local asset allocators. 

Annual Performance

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureAlternative Investment Fund
Fund DomicileNorway
Minimum Investment -
AUM145M USD
Inception DateOct 2012
Management Fee2.50%
Performance Fee10.00%
SFDR Classification -

Company Information

CompanyAlchemy Trading AS
AddressOlav Vs gate 5
Oslo, 0161
Phone0047 970 97 324
E-mail[email protected]
Websitewww.alchemytrading.no
Social Media

Portfolio Managers

 
No data filled

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2019 -0.51 -0.88 -2.36 1.26 -1.82 -1.41 2.98 -0.59 -1.60 -1.94 -0.51 -1.99 -9.10
2018 -0.14 0.99 -2.31 -0.60 1.09 -0.74 -4.28 -1.43 1.82 -4.77 1.34 0.43 -8.51
2017 -0.20 -3.00 -2.30 3.40 -3.70 -1.20 -0.30 -0.60 4.10 -0.30 0.20 3.00 -1.23
2016 -2.41 0.20 0.00 -1.10 -0.24 -1.40 0.10 2.40 2.50 2.00 -1.90 4.80 4.81
2015 4.23 1.12 3.21 3.79 1.57 0.84 2.21 -5.67 -0.42 0.52 3.28 1.18 16.62
2014 4.40 2.00 -1.50 -0.90 1.10 5.10 2.10 -0.50 2.30 0.40 2.80 2.10 20.96
2013 -1.10 1.20 -3.20 6.50 0.30 -1.10 5.00 -0.60 2.30 2.70 4.90 0.50 18.32
2012 0.70 2.60 3.50 6.93

Return Statistics

Last Month Return -
3 Month Return -4.38%
Year to Date Return -9.10%
12 Month Return -9.10%
36 Month Return -17.85%
Total Return Annualized 6.11%
Winning Months (%) 54.02%
Average Winning Month 2.28%
Average Losing Month -1.58%
Total Return Cumulative 53.67%

Risk Statistics (12M)

1 Year
Sharpe Ratio-1.84
Sortino Ratio-1.99
Sterling-0.48
Calmar-1.00
Skewness1.80
Kurtosis3.70
Maximum Drawdown-9.10%
Correlation vs S&P 5000.12
Annualized Volatility5.09%
Annualized Down. Deviation2.26%

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -17.85% 36 0 01/2017 -
2 -6.14% 11 4 08/2015 10/2016
3 -3.20% 1 1 03/2013 04/2013
4 -2.39% 2 2 03/2014 06/2014
5 -1.90% 1 1 11/2016 12/2016

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-1.48%-0.62%-0.79%-0.76%-0.54%
% Positive0.00%16.67%16.67%29.17%30.56%
Avg. Pos. Period - 2.98%2.12%1.42%1.87%
Avg. Neg. Period-1.48%-1.33%-1.36%-1.64%-1.58%
Sharpe Ratio-7.47-1.23-1.84-1.45-0.90
Sortino Ratio-3.15-1.60-1.99-1.53-1.12
Monthly Volatility0.69%1.71%1.47%1.79%2.03%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 6.50%-5.67%0.52%0.30%-1.99%54.02%
3 Months 10.21%-6.35%1.63%1.98%-4.38%56.47%
6 Months 18.50%-8.20%3.42%2.14%-3.68%62.20%
1 Year 31.99%-12.13%7.43%3.79%-9.10%65.79%
2 Years 61.70%-16.83%16.35%6.52%-16.83%70.31%
3 Years 70.74%-17.85%23.35%21.12%-17.85%69.23%
5 Years 79.57%0.41%41.72%36.05%0.41%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

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Data and information is provided for informational purposes only. Past performance is not necessarily indicative of future results.

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