# ABSOLUTE Probability Of Bankruptcy

ACMIX Fund | USD 9.85 0.07 0.71% |

ABSOLUTE |

## ABSOLUTE Probability Of Bankruptcy Analysis

ABSOLUTE CAPITAL's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

More About Probability Of Bankruptcy | All Equity Analysis

Probability Of Bankruptcy | = | Normalized | | Z-Score |

## Current ABSOLUTE CAPITAL Probability Of Bankruptcy | Less than 1% |

Most of ABSOLUTE CAPITAL's fundamental indicators, such as Probability Of Bankruptcy, 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.

Our calculation of ABSOLUTE CAPITAL probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting ABSOLUTE CAPITAL odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of ABSOLUTE CAPITAL DEFENDER financial health.

The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition |

## ABSOLUTE CAPITAL Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, ABSOLUTE CAPITAL DEFENDER has a Probability Of Bankruptcy of 1.0%. This is much higher than that of the Absolute Capital family and significantly higher than that of the Tactical Allocation category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

## ABSOLUTE Probability Of Bankruptcy 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 Probability Of Bankruptcy 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 probability of bankruptcy among similar funds.

## ABSOLUTE Fundamentals

Price to Earning | 19.08 X | |||

Price to Book | 3.09 X | |||

Price to Sales | 1.52 X | |||

Total Asset | 22.32 M | |||

One Year Return | 3.17 % | |||

Three Year Return | 0.86 % | |||

Net Asset | 22.32 M | |||

Minimum Initial Investment | 100 K | |||

Last Dividend Paid | 0.05 | |||

Cash Position Weight | 5.55 % | |||

Equity Positions Weight | 71.90 % | |||

Bond Positions Weight | 21.91 % |

## 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ABSOLUTE CAPITAL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ABSOLUTE CAPITAL's short interest history, or implied volatility extrapolated from ABSOLUTE CAPITAL options trading.

## 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

+ | 0.85 | PAAIX | ALL ASSET FUND | PairCorr | ||

+ | 0.91 | PATRX | PIMCO ALL ASSET | PairCorr | ||

+ | 0.9 | PAALX | ALL ASSET FUND | PairCorr | ||

+ | 0.85 | PALPX | PIMCO ALL ASSET | PairCorr | ||

+ | 0.9 | PAANX | PIMCO All Asset | PairCorr |

### Moving against ABSOLUTE Mutual Fund

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.Check out ABSOLUTE CAPITAL Piotroski F Score and ABSOLUTE CAPITAL Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

## Complementary Tools for ABSOLUTE Mutual Fund analysis

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.

Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |

My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |

Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |

Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |

Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |

Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |

Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |

Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |

Money Managers Screen money managers from public funds and ETFs managed around the world | |

Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |

Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |