Absolute Capital Competition

Mutual Funds . USA . 
Fund . ABSOLUTE CAPITAL DEFENDER
ACMIX Fund  USD 10.11  0.01  0.1%   
Absolute Capital Defender competes with State Farm, Absolute Capital, Absolute Capital, Absolute Capital, and Fidelity Contrafund; as well as few others. The fund is listed under Tactical Allocation category and is part of Absolute Capital family. Analyzing Absolute Capital competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Absolute Capital to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Absolute Capital Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Absolute Capital competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Absolute Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Absolute Capital in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
9.7410.1110.48
Details
Intrinsic
Valuation
LowRealHigh
9.6910.0610.43
Details
Naive
Forecast
LowNextHigh
9.8010.1710.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.0810.1010.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Absolute Capital. Your research has to be compared to or analyzed against Absolute Capital's peers to derive any actionable benefits. When done correctly, Absolute Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Absolute Capital Defender.

Absolute Capital Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Absolute Capital and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Absolute and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Absolute Capital Defender does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AAMAX
+ 1.0
AAMIX
AAMCX
+ 1.0
AAMIX
AAMCX
+ 1.0
AAMAX
AAMIX
+ 0.94
STFGX
AAMAX
+ 0.94
STFGX
AAMCX
+ 0.94
STFGX
  
High negative correlations   
MPEXX
- 0.45
FCNTX
BAC
- 0.37
MPEXX
MPEXX
- 0.37
AAMAX
MPEXX
- 0.37
AAMIX
MPEXX
- 0.35
AAMCX
BAC
- 0.31
TUIXX

Risk-Adjusted Indicators

There is a big difference between Absolute Mutual Fund performing well and Absolute Capital Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Absolute Capital's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationInformation RatioExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
STFGX 0.59  0.02  0.02  0.03  0.70  0.0177 (0.60) 1.23 (1.22) 2.85 
AAMIX 0.43  0.02  0.00  0.12  0.49  0.0031 (0.50) 0.80 (0.92) 2.00 
AAMAX 0.43  0.02  0.00  0.12  0.49  0.0031 (0.50) 0.80 (0.92) 2.00 
AAMCX 0.43  0.01  0.00  0.10  0.50 (0.0027)(0.49) 0.78 (0.95) 1.91 
TUIXX 20.21  8.07  0.24 (2.22) 13.49  0.13 (42.96) 0.45 (0.45) 419.38 
FCNTX 0.65  0.08  0.08  0.11  0.83  0.09 (0.66) 1.47 (1.54) 3.48 
MPEXX 26.17  9.49  0.17  0.84  17.51  0.12 (63.23) 0.19 (0.19) 522.55 
BAC 1.16  0.04  0.03  0.04  1.28  0.0296 (1.31) 2.66 (2.48) 6.65 
PG 0.65 (0.01) 0.00 (0.04) 0.00 (0.0324) 0.00  1.19 (1.34) 4.34 

Absolute Capital Competitive Analysis

The better you understand Absolute Capital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Absolute Capital's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Absolute Capital's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ACMIXSTFGXAAMIXAAMAXAAMCXTUIXXFCNTXMPEXXBACPG
 0.1 
 10.11 
Absolute
 0.31 
 107.51 
State
 0.20 
 10.19 
Absolute
 0.20 
 10.19 
Absolute
 0.10 
 9.63 
Absolute
 343.00 
 4.43 
Rbc
 0.19 
 16.01 
Fidelity
 81.55 
 1.00 
Morgan
 0.57 
 29.56 
BAC
 0.69 
 152.29 
Procter
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Out of control
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Weak
Weak
Weak
Good
Modest
OK
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Very Small
Very Small
Very Small
Very Small
Very Small
Close to Average
Very Small
Close to Average
Very Small
Very Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Hold
Buy
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Hold
Cautious Hold
Cautious Hold
Cautious Hold
Strong Sell
Buy
Strong Buy
Buy
Buy
Current Ratio
N/A
10.6
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.62
Net Asset
15.28 M
5.16 B
16.08 M
35.65 M
35.65 M
N/A
107.89 B
N/A
3.05 T
120.83 B
EBITDA
N/A
94.3 M
N/A
N/A
N/A
N/A
N/A
N/A
53.05 B
21.82 B
Operating Margin
N/A
85.49
N/A
N/A
N/A
N/A
N/A
N/A
0.34
0.26
Five Year Return
2.61
12.31
2.84
2.81
2.03
N/A
15.21
N/A
2.06
2.67
One Year Return
4.22
9.59
5.26
5.26
4.44
N/A
29.02
N/A
N/A
N/A
Beta
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.39
0.46
Number Of Employees
1
1
1
1
1
N/A
1
N/A
213 K
107 K
Three Year Return
1.58
10.58
1.48
1.48
0.69
N/A
7.69
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(6.33 B)
16.85 B
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
302.91 B
34.61 B
Bond Positions Weight
21.91
N/A
2.28
2.28
13.68
N/A
0.01
N/A
N/A
N/A
Return On Asset
N/A
2.28
N/A
N/A
N/A
N/A
N/A
N/A
0.0098
0.1
Current Liabilities
N/A
1.97 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
30.77 B
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
7.37
0.74
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.27
2.25
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
70.4
66.11
Market Capitalization
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
235.28 B
356.46 B
Price To Earning
19.08
20.59
17.95
N/A
N/A
N/A
23.32
N/A
11.71
25.21
Price To Sales
1.52
1.89
1.82
N/A
N/A
N/A
2.89
N/A
2.79
4.45
Net Income
N/A
94.3 M
N/A
N/A
N/A
N/A
N/A
N/A
27.53 B
14.74 B
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.11
0.11
Year To Date Return
6.3
12.56
8.62
8.62
7.83
N/A
34.59
N/A
N/A
N/A
Revenue
N/A
98.69 M
N/A
N/A
N/A
N/A
N/A
N/A
94.95 B
82.01 B
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(13.11 B)
Profit Margin
N/A
0.0085
N/A
N/A
N/A
N/A
N/A
N/A
0.32
0.18
Price To Book
3.09
3.12
2.45
N/A
N/A
N/A
3.68
N/A
1.08
8.38
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
92.93 B
383.74 B
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
207 B
118.17 B
Current Asset
N/A
16.26 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
33.78 B
Cash Position Weight
5.55
1.67
24.75
24.75
5.9
N/A
1.28
N/A
N/A
N/A
Equity Positions Weight
71.9
98.33
57.37
57.37
80.1
N/A
97.49
N/A
N/A
N/A
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
7.91 B
2.36 B
Annual Yield
0.01
0.013
0.0156
0.0156
0.0123
N/A
0.0064
N/A
0.0323
0.0249
Return On Equity
N/A
2.28
N/A
N/A
N/A
N/A
N/A
N/A
0.11
0.33
Z Score
N/A
0.06
N/A
N/A
N/A
N/A
N/A
N/A
0.65
8.69
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
70.96 M
14.51 M
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
32.65
19.89
Minimum Initial Investment
100 K
250
N/A
N/A
2.5 K
N/A
N/A
N/A
N/A
N/A
Total Asset
22.32 M
7.24 B
28.34 M
7.13 M
28.52 M
N/A
98.83 B
N/A
3.05 T
120.83 B
Last Dividend Paid
0.05
1.02
0.05
0.04
N/A
N/A
N/A
N/A
0.9
3.71
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
30.92
151.0
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
87.48
4.98
Earnings Per Share
N/A
2.08
N/A
N/A
N/A
N/A
N/A
N/A
3.57
6.16
Ten Year Return
N/A
10.15
N/A
N/A
N/A
N/A
14.73
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
733.43 B
8.25 B
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
91.42
2.83
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
92.41 B
39.25 B
Daily Balance Of Power
N/A
N/A
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
N/A
N/A
N/A
N/A
N/A
Day Typical Price
N/A
N/A
10.19
10.19
9.63
N/A
N/A
N/A
N/A
N/A
Rate Of Daily Change
N/A
N/A
1.0
1.0
1.0
N/A
N/A
N/A
N/A
N/A
Day Median Price
N/A
N/A
10.19
10.19
9.63
N/A
N/A
N/A
N/A
N/A
Price Action Indicator
N/A
N/A
(0.01)
(0.01)
(0.005)
N/A
N/A
N/A
N/A
N/A
Coefficient Of Variation
1715.13
1901.96
1941.2
1941.2
2177.78
759.09
810.89
812.76
2163.05
(1,756,554)
Mean Deviation
0.2944
0.5931
0.4292
0.4292
0.4348
20.21
0.6548
26.17
1.16
0.6475
Jensen Alpha
0.0045
0.0151
0.0159
0.0159
0.0126
8.07
0.0803
9.49
0.036
(0.014276)
Total Risk Alpha
0.0038
0.0138
0.0066
0.0066
0.0034
6.7
0.0761
7.99
0.0298
(0.027823)
Sortino Ratio
(0.011717)
0.0174
0.0029
0.0029
(0.002511)
0.2423
0.0787
0.1677
0.0343
N/A
Downside Variance
0.1761
0.6031
0.3582
0.3582
0.3488
1088.67
0.9711
3324.28
1.93
N/A
Standard Deviation
0.3742
0.766
0.5524
0.5524
0.55
60.89
0.846
78.8
1.61
0.8258
Kurtosis
(0.14)
0.1394
0.0464
0.0464
(0.25)
27.35
(0.16)
27.38
1.85
0.4788
Potential Upside
0.5982
1.23
0.7992
0.7992
0.7769
0.4545
1.47
0.1873
2.66
1.19
Treynor Ratio
0.0272
0.0333
0.1206
0.1206
0.0953
(2.22)
0.1121
0.8422
0.0379
(0.039759)
Maximum Drawdown
1.41
2.85
2.0
2.0
1.91
419.38
3.48
522.55
6.65
4.34
Variance
0.1401
0.5868
0.3051
0.3051
0.3025
3707.32
0.7158
6209.04
2.59
0.682
Market Risk Adjusted Performance
0.0372
0.0433
0.1306
0.1306
0.1053
(2.21)
0.1221
0.8522
0.0479
(0.029759)
Risk Adjusted Performance
0.0346
0.0407
0.036
0.036
0.0316
0.1123
0.0967
0.1056
0.0411
5.0E-4
Skewness
(0.18)
0.0857
0.0026
0.0026
(0.06)
5.12
(0.42)
5.15
0.7117
0.1975
Semi Deviation
0.3271
0.699
0.4866
0.4866
0.501
13.49
0.8306
17.51
1.28
N/A
Information Ratio
(0.013137)
0.0177
0.0031
0.0031
(0.002696)
0.1313
0.0917
0.1227
0.0296
(0.032431)
Value At Risk
(0.69)
(1.22)
(0.92)
(0.92)
(0.95)
(0.45)
(1.54)
(0.19)
(2.48)
(1.34)
Expected Short fall
(0.34)
(0.60)
(0.50)
(0.50)
(0.49)
(42.96)
(0.66)
(63.23)
(1.31)
N/A
Downside Deviation
0.4196
0.7766
0.5985
0.5985
0.5906
33.0
0.9854
57.66
1.39
N/A
Semi Variance
0.107
0.4885
0.2368
0.2368
0.251
181.97
0.6899
306.76
1.65
N/A

Absolute Capital Competition Performance Charts

Five steps to successful analysis of Absolute Capital Competition

Absolute Capital's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Absolute Capital Defender in relation to its competition. Absolute Capital's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Absolute Capital in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Absolute Capital's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Absolute Capital Defender, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Absolute Capital position

In addition to having Absolute Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Precious Metals Funds Thematic Idea Now

Precious Metals Funds
Precious Metals Funds Theme
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Funds Theme or any other thematic opportunities.
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Check out Absolute Capital Correlation with its peers.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Absolute Mutual Fund analysis

When running Absolute Capital's price analysis, check to measure Absolute Capital'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 Absolute Capital is operating at the current time. Most of Absolute Capital's value examination focuses on studying past and present price action to predict the probability of Absolute Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absolute Capital's price. Additionally, you may evaluate how the addition of Absolute Capital to your portfolios can decrease your overall portfolio volatility.
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Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Absolute Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Absolute Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absolute Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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