Absolute Capital Financials

ACMIX Fund  USD 10.91  0.01  0.09%   
You can use Absolute Capital Defender fundamental data analysis to find out if markets are presently mispricing the fund. We were able to collect and analyze data for sixteen available fundamental indicators for Absolute Capital Defender, which can be compared to its peers. The fund experiences a normal downward trend and little activity. Check odds of Absolute Capital to be traded at $10.8 in 90 days.
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 Fund Summary

Absolute Capital competes with All Asset, Pimco All, All Asset, Pimco All, and All Asset. 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 .
Tactical Allocation, Large Blend
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressNorthern Lights
Mutual Fund FamilyAbsolute Capital
Mutual Fund CategoryTactical Allocation
BenchmarkNYSE Composite
Phone877 594 1249
CurrencyUSD - US Dollar
You should never invest in Absolute Capital Defender without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. 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 prospectus and an annual reports, 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 second largest fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about  0.16  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Absolute Capital Defender is roughly  6.17 . 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 twenty-four with a total number of output elements of thirty-seven. 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.
Absolute Capital Defender is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Tactical Allocation category is currently estimated at about 135.29 Billion. Absolute Capital adds roughly 15.28 Million in net asset claiming only tiny portion of funds listed under Tactical Allocation category.

Absolute Capital May 21, 2024 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.
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 gross domestic product.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.