Absolute Capital Opportunities Fund Quote
| CAPOX Fund | USD 10.36 0.03 0.29% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Absolute Capital is trading at 10.36 as of the 24th of April 2024; that is 0.29 percent increase since the beginning of the trading day. The fund's open price was 10.33. Absolute Capital has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Absolute Capital Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The funds investment adviser will pursue its investment objective by allocating fund assets to a subadviser ,who employs a range of specialized investment strategies. More on Absolute Capital Opportunities
Moving together with Absolute Mutual Fund
| 0.89 | ARBOX | Absolute Convertible | PairCorr |
| 0.89 | ARBIX | Absolute Convertible | PairCorr |
| 0.68 | ASFIX | Absolute Strategies | PairCorr |
Moving against Absolute Mutual Fund
| 0.82 | CBHCX | Victory Cemp Market | PairCorr |
| 0.79 | CBHMX | Victory Market Neutral | PairCorr |
| 0.79 | CBHAX | Victory Cemp Market | PairCorr |
| 0.42 | GABFX | Gmo Asset Allocation | PairCorr |
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 Concentration | Absolute Investment Advisers Funds, Large Blend Funds, Equity Market Neutral Funds, Equity Market Neutral, Absolute Investment Advisers (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Absolute Capital Opportunities [CAPOX] is traded in USA and was established 24th of April 2024. Absolute Capital is listed under Absolute Investment Advisers category by Fama And French industry classification. The fund is listed under Equity Market Neutral category and is part of Absolute Investment Advisers family. This fund currently has accumulated 88.76 M in assets under management (AUM) with minimum initial investment of 25 K. Absolute Capital Opp is currently producing year-to-date (YTD) return of 1.97% with the current yeild of 0.0%, while the total return for the last 3 years was -1.05%.
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 Opportunities 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 Opportunities Mutual Fund Constituents
| BAC | Bank of America | Stock | Financials |
| JPM | JPMorgan Chase Co | Stock | Financials |
| BX | Blackstone Group | Stock | Financials |
| ADSK | Autodesk | Stock | Information Technology |
| SPY | SPDR SP 500 | Etf | Large Blend |
| PWR | Quanta Services | Stock | Industrials |
| PM | Philip Morris International | Stock | Consumer Staples |
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 39.06%. The Absolute Capital Opportunities 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 0.5924 suggesting 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 Opportunities will be expected to be much smaller as well. Additionally, absolute Capital Opportunities has an alpha of 0.0078, implying that it can generate a 0.007839 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Absolute Capital to move above the current price in 90 days from now is about 39.06 (This Absolute Capital Opportunities probability density function shows the probability of Absolute Mutual Fund to fall within a particular range of prices over 90 days) .
Absolute Capital Top Holders
| ASFIX | Absolute Strategies Fund | Mutual Fund | Multistrategy |
Absolute Capital Opp 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.
| Mean Deviation | 0.3454 | |||
| Semi Deviation | 0.4196 | |||
| Standard Deviation | 0.4668 | |||
| Variance | 0.2179 |
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 Opportunities 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.Did you try this?
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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 Opportunities 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 Opportunities 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 Opportunities, 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 Opportunities?
The danger of trading Absolute Capital Opportunities 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 Opp 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 Opportunities. 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 persons. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.