Absolute Capital Financial Statements From 2010 to 2024
| ACMDX Fund | USD 11.03 0.02 0.18% |
Check Absolute Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Absolute Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Absolute financial statements analysis is a perfect complement when working with Absolute Capital Valuation or Volatility modules.
Absolute |
Absolute Capital Defender Mutual Fund Net Asset Analysis
Absolute Capital's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Absolute Capital Net Asset | 26.37 M |
Most of Absolute Capital's fundamental indicators, such as Net Asset, 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.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Absolute Capital Defender has a Net Asset of 26.37 M. This is much higher than that of the Absolute Capital family and significantly higher than that of the Tactical Allocation category. The net asset for all United States funds is notably lower than that of the firm.
Absolute Capital Defender Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Absolute Capital's current stock value. Our valuation model uses many indicators to compare Absolute Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absolute Capital competition to find correlations between indicators driving Absolute Capital's intrinsic value. More Info.Absolute Capital Defender is fifth largest fund in year to date return among similar funds. It is third largest fund in one year return among similar funds reporting about 1.21 of One Year Return per Year To Date Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Absolute Capital's earnings, one of the primary drivers of an investment's value.About Absolute Capital Financial Statements
Absolute Capital investors use historical fundamental indicators, such as Absolute Capital's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Absolute Capital. Please read more on our technical analysis and fundamental analysis pages.
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 .
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Absolute Mutual Fund
Absolute Capital financial ratios help investors to determine whether Absolute Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Absolute with respect to the benefits of owning Absolute Capital security.
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