Absolute Convertible Financial Statements From 2010 to 2024
| ARBIX Fund | USD 11.54 0.01 0.09% |
Check Absolute Convertible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Absolute Convertible'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 Convertible Valuation or Volatility modules.
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Absolute Convertible Arbitrage Mutual Fund Five Year Return Analysis
Absolute Convertible's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Absolute Convertible Five Year Return | 4.92 % |
Most of Absolute Convertible's fundamental indicators, such as Five Year Return, 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 Convertible Arbitrage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, Absolute Convertible Arbitrage has a Five Year Return of 4.9208%. This is much higher than that of the Absolute Investment Advisers family and significantly higher than that of the Relative Value Arbitrage category. The five year return for all United States funds is notably lower than that of the firm.
Absolute Convertible Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Absolute Convertible's current stock value. Our valuation model uses many indicators to compare Absolute Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absolute Convertible competition to find correlations between indicators driving Absolute Convertible's intrinsic value. More Info.Absolute Convertible Arbitrage is fifth largest fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 201.70 of Year To Date Return per Annual Yield. 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 Convertible's earnings, one of the primary drivers of an investment's value.About Absolute Convertible Financial Statements
Absolute Convertible investors use historical fundamental indicators, such as Absolute Convertible'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 Convertible. Please read more on our technical analysis and fundamental analysis pages.
The fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies. These convertible securities are typically debt securities or preferred stocks that can be exchanged for, or convert automatically to, common stock.
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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 Convertible 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 Convertible security.
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