ABSOLUTE CAPITAL Financials
| ACMIX Fund | USD 9.88 0.02 0.20% |
With this module, you can analyze ABSOLUTE financials for your investing period. You should be able to track the changes in ABSOLUTE CAPITAL individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
ABSOLUTE |
Understanding current and past ABSOLUTE CAPITAL Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ABSOLUTE CAPITAL's financial statements are interrelated, with each one affecting the others. For example, an increase in ABSOLUTE CAPITAL's assets may result in an increase in income on the income statement.
Evaluating ABSOLUTE CAPITAL's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of ABSOLUTE CAPITAL's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the ABSOLUTE CAPITAL's relative financial performance
Chance Of Distress
Less than 1
100 | 0 |
ABSOLUTE CAPITAL DEFENDER has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for ABSOLUTE CAPITAL mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
More InfoThe data published in ABSOLUTE CAPITAL's official financial statements usually reflect ABSOLUTE CAPITAL's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ABSOLUTE CAPITAL DEFENDER. For example, before you start analyzing numbers published by ABSOLUTE accountants, it's critical to develop an understanding of what ABSOLUTE CAPITAL's liquidity, profitability, and earnings quality are in the context of the Absolute Capital space in which it operates.
Please note that past performance is not an indicator of the future performance of ABSOLUTE CAPITAL, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .
ABSOLUTE CAPITAL Company Summary
ABSOLUTE CAPITAL competes with Johnson Johnson, FRANKLIN STRATEGIC, Morningstar Unconstrained, Weiqiao Textile, and FT Cboe. The fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds and closed-end funds in domestic and foreign fixed income securities of any maturity or credit quality equity securities of any market capitalization cash and cash equivalents and exchange traded notes . Absolute Capital is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Northern Lights |
| Mutual Fund Family | Absolute Capital |
| Mutual Fund Category | Tactical Allocation |
| Benchmark | NYSE Composite |
| Phone | 877 594 1249 |
| Currency | USD - US Dollar |
You should never invest in ABSOLUTE CAPITAL without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ABSOLUTE Mutual Fund, because this is throwing your money away. Analyzing the key information contained in ABSOLUTE CAPITAL's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ABSOLUTE CAPITAL Key Financial Ratios
Generally speaking, ABSOLUTE CAPITAL's financial ratios allow both analysts and investors to convert raw data from ABSOLUTE CAPITAL's financial statements into concise, actionable information that can be used to evaluate the performance of ABSOLUTE CAPITAL over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ABSOLUTE CAPITAL DEFENDER reports annually and quarterly.ABSOLUTE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ABSOLUTE CAPITAL's current stock value. Our valuation model uses many indicators to compare ABSOLUTE CAPITAL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ABSOLUTE CAPITAL competition to find correlations between indicators driving ABSOLUTE CAPITAL's intrinsic value. More Info.ABSOLUTE CAPITAL DEFENDER is the top fund in price to earning among similar funds. It is the top fund in one year return among similar funds reporting about 0.17 of One Year Return per Price to Earning. The ratio of Price to Earning to One Year Return for ABSOLUTE CAPITAL DEFENDER is roughly 6.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ABSOLUTE CAPITAL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ABSOLUTE CAPITAL's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ABSOLUTE CAPITAL's earnings, one of the primary drivers of an investment's value.ABSOLUTE CAPITAL DEFENDER Systematic Risk
ABSOLUTE CAPITAL's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ABSOLUTE CAPITAL volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty-five with a total number of output elements of six. The Beta measures systematic risk based on how returns on ABSOLUTE CAPITAL DEFENDER correlated with the market. If Beta is less than 0 ABSOLUTE CAPITAL generally moves in the opposite direction as compared to the market. If ABSOLUTE CAPITAL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ABSOLUTE CAPITAL DEFENDER is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ABSOLUTE CAPITAL is generally in the same direction as the market. If Beta > 1 ABSOLUTE CAPITAL moves generally in the same direction as, but more than the movement of the benchmark..
About ABSOLUTE CAPITAL Financials
What exactly are ABSOLUTE CAPITAL Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ABSOLUTE CAPITAL's income statement, its balance sheet, and the statement of cash flows. Potential ABSOLUTE CAPITAL investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ABSOLUTE CAPITAL investors may use each financial statement separately, they are all related. The changes in ABSOLUTE CAPITAL's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ABSOLUTE CAPITAL's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze ABSOLUTE CAPITAL Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as ABSOLUTE CAPITAL is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ABSOLUTE has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if ABSOLUTE CAPITAL's financials are consistent with your investment objective using the following steps:- Review ABSOLUTE CAPITAL's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand ABSOLUTE CAPITAL's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ABSOLUTE CAPITAL's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if ABSOLUTE CAPITAL's stock is overvalued or undervalued.
ABSOLUTE CAPITAL October 2, 2023 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ABSOLUTE CAPITAL help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ABSOLUTE CAPITAL DEFENDER. We use our internally-developed statistical techniques to arrive at the intrinsic value of ABSOLUTE CAPITAL DEFENDER based on widely used predictive technical indicators. In general, we focus on analyzing ABSOLUTE Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ABSOLUTE CAPITAL's daily price indicators and compare them against related drivers.
| Information Ratio | (0.022413) | |||
| Maximum Drawdown | 1.67 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.502 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABSOLUTE CAPITAL DEFENDER. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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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