Absolute Capital Defender Fund Quote

ACMIX Fund  USD 10.59  0.02  0.19%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 22

 
High
 
Low
Low
Absolute Capital is trading at 10.59 as of the 22nd of April 2024; that is -0.19% down since the beginning of the trading day. The fund's open price was 10.61. Absolute Capital has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Absolute Capital Defender are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
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 .. More on Absolute Capital Defender

Moving together with Absolute Mutual Fund

  1.0AAMIX Absolute Capital AssetPairCorr
  1.0AAMAX Absolute Capital AssetPairCorr
  1.0AAMCX Absolute Capital AssetPairCorr
  1.0ACMDX Absolute Capital DefenderPairCorr
  1.0ACMAX Absolute Capital DefenderPairCorr
  0.89PAALX All Asset FundPairCorr

Absolute Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Absolute Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Absolute Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAbsolute Capital Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, Absolute Capital (View all Sectors)
Update Date31st of March 2024
Absolute Capital Defender [ACMIX] is traded in USA and was established 22nd of April 2024. Absolute Capital is listed under Absolute Capital category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Absolute Capital family. This fund presently has accumulated 15.28 M in assets under management (AUM) with minimum initial investment of 100 K. Absolute Capital Defender is currently producing year-to-date (YTD) return of 1.73%, while the total return for the last 3 years was 0.49%.
Check Absolute Capital Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Absolute Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Absolute Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Absolute Capital Defender Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Absolute Capital Defender Mutual Fund Constituents

ANGLVanEck Fallen AngelEtfHigh Yield Bond
GOOGAlphabet Inc Class CStockCommunication Services
MSFTMicrosoftStockInformation Technology
VISVanguard Industrials IndexEtfIndustrials
VTIVanguard Total StockEtfLarge Blend
KBWYInvesco KBW PremiumEtfReal Estate
VTIPVanguard Short Term Inflation ProtectedEtfInflation-Protected Bond
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Absolute Capital Target Price Odds Analysis

Based on a normal probability distribution, the odds of Absolute Capital jumping above the current price in 90 days from now is about 69.15%. The Absolute Capital Defender probability density function shows the probability of Absolute Capital mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Absolute Capital has a beta of 0.5411. This suggests as returns on the market go up, Absolute Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Absolute Capital Defender will be expected to be much smaller as well. Additionally, absolute Capital Defender has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 10.59HorizonTargetOdds Above 10.59
30.16%90 days
 10.59 
69.15%
Based on a normal probability distribution, the odds of Absolute Capital to move above the current price in 90 days from now is about 69.15 (This Absolute Capital Defender probability density function shows the probability of Absolute Mutual Fund to fall within a particular range of prices over 90 days) .

Absolute Capital Defender Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Absolute Capital market risk premium is the additional return an investor will receive from holding Absolute Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Absolute Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Absolute Capital's alpha and beta are two of the key measurements used to evaluate Absolute Capital's performance over the market, the standard measures of volatility play an important role as well.

Absolute Capital Against Markets

Picking the right benchmark for Absolute Capital mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Absolute Capital mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Absolute Capital is critical whether you are bullish or bearish towards Absolute Capital Defender at a given time. Please also check how Absolute Capital's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Absolute Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Absolute Mutual Fund?

Before investing in Absolute Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Absolute Capital. To buy Absolute Capital fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Absolute Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Absolute Capital fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Absolute Capital Defender fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Absolute Capital Defender fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Absolute Capital Defender, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Absolute Capital Defender?

The danger of trading Absolute Capital Defender is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Absolute Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Absolute Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Absolute Capital Defender is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.