ABSOLUTE Price to Sales

Mutual Funds . USA . 
Fund . ABSOLUTE CAPITAL DEFENDER
ACMIX Fund  USD 9.88  0.13  1.33%   
ABSOLUTE CAPITAL DEFENDER fundamentals help investors to digest information that contributes to ABSOLUTE CAPITAL's financial success or failures. It also enables traders to predict the movement of ABSOLUTE Mutual Fund. The fundamental analysis module provides a way to measure ABSOLUTE CAPITAL's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ABSOLUTE CAPITAL mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

ABSOLUTE Price to Sales Analysis

ABSOLUTE CAPITAL's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
P/S 
 = 
MV Per Share 
Revenue Per Share 
More About Price to Sales | All Equity Analysis

Current ABSOLUTE CAPITAL Price to Sales

    
  1.52 X  
Most of ABSOLUTE CAPITAL's fundamental indicators, such as Price to Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ABSOLUTE CAPITAL DEFENDER is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

ABSOLUTE CAPITAL Price to Sales Component Assessment

Based on the latest financial disclosure, the price to sales indicator of ABSOLUTE CAPITAL DEFENDER is roughly 1.52 times. This is much higher than that of the Absolute Capital family and significantly higher than that of the Tactical Allocation category. The price to sales for all United States funds is notably lower than that of the firm.

ABSOLUTE Price to Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ABSOLUTE CAPITAL's direct or indirect competition against its Price to Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of ABSOLUTE CAPITAL could also be used in its relative valuation, which is a method of valuing ABSOLUTE CAPITAL by comparing valuation metrics of similar companies.
ABSOLUTE CAPITAL is currently under evaluation in price to sales among similar funds.

Fund Asset Allocation for ABSOLUTE CAPITAL

The fund consists of 71.9% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.
Asset allocation divides ABSOLUTE CAPITAL's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

ABSOLUTE Fundamentals

Price to Earning19.08 X
Price to Book3.09 X
Price to Sales1.52 X
Total Asset22.32 M
One Year Return3.17 %
Three Year Return0.86 %
Net Asset22.32 M
Minimum Initial Investment100 K
Last Dividend Paid0.05
Cash Position Weight5.55 %
Equity Positions Weight71.90 %
Bond Positions Weight21.91 %

About ABSOLUTE CAPITAL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ABSOLUTE CAPITAL DEFENDER's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ABSOLUTE CAPITAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ABSOLUTE CAPITAL DEFENDER based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

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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Pair Trading with ABSOLUTE CAPITAL

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABSOLUTE CAPITAL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABSOLUTE CAPITAL will appreciate offsetting losses from the drop in the long position's value.

Moving together with ABSOLUTE Mutual Fund

+0.7PAAIXALL ASSET FUNDPairCorr
+0.67PATRXPIMCO ALL ASSETPairCorr
+0.69PAALXALL ASSET FUNDPairCorr
+0.7PALPXPIMCO ALL ASSETPairCorr
+0.69PAANXPIMCO All AssetPairCorr
The ability to find closely correlated positions to ABSOLUTE CAPITAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABSOLUTE CAPITAL when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABSOLUTE CAPITAL - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABSOLUTE CAPITAL DEFENDER to buy it.
The correlation of ABSOLUTE CAPITAL is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABSOLUTE CAPITAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABSOLUTE CAPITAL DEFENDER moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABSOLUTE CAPITAL can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out ABSOLUTE CAPITAL Piotroski F Score and ABSOLUTE CAPITAL Altman Z Score analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.


 
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