ABSOLUTE Mutual Fund Buy Hold or Sell Recommendation

Mutual Funds . USA . 
Fund . ABSOLUTE CAPITAL DEFENDER
ACMIX Fund  USD 9.90  0.01  0.10%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding ABSOLUTE CAPITAL DEFENDER is 'Strong Buy'. Macroaxis provides ABSOLUTE CAPITAL buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ACMIX positions. The advice algorithm takes into account all of ABSOLUTE CAPITAL's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from ABSOLUTE CAPITAL's buy-and-hold perspective. Check out ABSOLUTE CAPITAL Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual funds such as ABSOLUTE and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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 various price indices.

Execute ABSOLUTE CAPITAL Buy or Sell Advice

The ABSOLUTE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ABSOLUTE CAPITAL DEFENDER. Macroaxis does not own or have any residual interests in ABSOLUTE CAPITAL DEFENDER or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ABSOLUTE CAPITAL's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ABSOLUTE CAPITALBuy ABSOLUTE CAPITAL
Strong Buy

Market Performance

Good
Details

Volatility

Very steady
Details

Hype Condition

Stale
Details

Current Valuation

Undervalued
Details

Odds of Distress

Very Small
Details

Economic Sensitivity

Barely shadows the market
Details

Analyst Consensus

Not Available
Details
For the selected time horizon ABSOLUTE CAPITAL DEFENDER has a Risk Adjusted Performance of 0.0889, Jensen Alpha of 0.0376, Total Risk Alpha of 0.0377, Sortino Ratio of 0.091 and Treynor Ratio of 3.96
We provide trade advice to complement the prevailing expert consensus on ABSOLUTE CAPITAL DEFENDER. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available right now. Use ABSOLUTE CAPITAL DEFENDER three year return and bond positions weight to ensure your buy or sell decision on ABSOLUTE CAPITAL DEFENDER is adequate.

ABSOLUTE CAPITAL Trading Alerts and Improvement Suggestions

ABSOLUTE CAPITAL is unlikely to experience financial distress in the next 2 years
The fund holds about 5.55% of its assets under management (AUM) in cash

ABSOLUTE CAPITAL Returns Distribution Density

The distribution of ABSOLUTE CAPITAL's historical returns is an attempt to chart the uncertainty of ABSOLUTE CAPITAL's future price movements. The chart of the probability distribution of ABSOLUTE CAPITAL stock daily returns describes the distribution of returns around its average expected value. We use ABSOLUTE CAPITAL DEFENDER price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ABSOLUTE CAPITAL returns is essential to provide solid investment advice for ABSOLUTE CAPITAL.
Mean Return0.0476Value At Risk-0.61
Potential Upside0.73Standard Deviation0.43
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ABSOLUTE CAPITAL historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Backtest ABSOLUTE CAPITAL DEFENDER

ABSOLUTE CAPITAL Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ABSOLUTE CAPITAL or Absolute Capital sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ABSOLUTE CAPITAL's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ABSOLUTE fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite		0.037614
β
Beta against NYSE Composite0.0095
σ
Overall volatility		0.42
Ir
Information ratio 0.09

ABSOLUTE CAPITAL Volatility Alert

ABSOLUTE CAPITAL DEFENDER exhibits very low volatility with skewness of 0.29 and kurtosis of 0.27. However, we advise investors to further study ABSOLUTE CAPITAL DEFENDER technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ABSOLUTE CAPITAL's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ABSOLUTE CAPITAL's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

ABSOLUTE CAPITAL Fundamentals Vs Peers

Comparing ABSOLUTE CAPITAL's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ABSOLUTE CAPITAL's direct or indirect competition across all of the common fundamentals between ABSOLUTE CAPITAL and the related equities. This way, we can detect undervalued stocks with similar characteristics as ABSOLUTE CAPITAL or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of ABSOLUTE CAPITAL's fundamental indicators could also be used in its relative valuation, which is a method of valuing ABSOLUTE CAPITAL by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ABSOLUTE CAPITAL to competition
FundamentalsABSOLUTE CAPITALPeer Average
Price to Earning19.08 X6.53 X
Price to Book3.09 X0.74 X
Price to Sales1.52 X0.61 X
One Year Return3.17 %4.15 %
Three Year Return0.86 %3.60 %
Net Asset22.32 M4.11 B
Minimum Initial Investment100 K976.16 K
Last Dividend Paid0.050.65
Cash Position Weight5.55 %10.61 %
Equity Positions Weight71.90 %63.90 %
Bond Positions Weight21.91 %11.24 %

ABSOLUTE CAPITAL Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ABSOLUTE . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power9223.4 B
Rate Of Daily Change1.0
Day Median Price9.9
Day Typical Price9.9
Price Action Indicator0.005

About ABSOLUTE CAPITAL Buy or Sell Advice

When is the right time to buy or sell ABSOLUTE CAPITAL DEFENDER? Buying financial instruments such as ABSOLUTE Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

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.

Did You Try This Idea?

Run Precious Metals Thematic Idea Now

Precious Metals
Precious Metals Theme
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals theme has 40 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 Theme or any other thematic opportunities.
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Check out ABSOLUTE CAPITAL Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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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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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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