ABSOLUTE Probability Of Bankruptcy Analysis
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.
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 ComparisonStock 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.
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 CAPITALOne 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.
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.