Absolute Capital Asset Fund Buy Hold or Sell Recommendation

AAMAX Fund  USD 12.16  0.01  0.08%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Absolute Capital Asset is 'Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Absolute Capital Asset given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Absolute Capital Asset, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Absolute Capital Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Absolute and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Absolute Capital Asset. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Execute Absolute Capital Buy or Sell Advice

The Absolute recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Absolute Capital Asset. Macroaxis does not own or have any residual interests in Absolute Capital Asset or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Absolute Capital's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Absolute CapitalBuy Absolute Capital
Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Absolute Capital Asset has a Risk Adjusted Performance of 0.126, Jensen Alpha of 0.0277, Total Risk Alpha of 0.0199, Sortino Ratio of (0) and Treynor Ratio of 0.1306
Our trade advice tool can cross-verify current analyst consensus on Absolute Capital Asset and to analyze the fund potential to grow in the current economic cycle. Please makes use of Absolute Capital number of employees, five year return, as well as the relationship between the Five Year Return and bond positions weight to make buy, hold, or sell decision on Absolute Capital Asset.

Absolute Capital Trading Alerts and Improvement Suggestions

The fund holds about 24.75% of its assets under management (AUM) in cash

Absolute Capital Returns Distribution Density

The distribution of Absolute Capital's historical returns is an attempt to chart the uncertainty of Absolute Capital's future price movements. The chart of the probability distribution of Absolute Capital daily returns describes the distribution of returns around its average expected value. We use Absolute Capital Asset price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Absolute Capital returns is essential to provide solid investment advice for Absolute Capital.
Mean Return
0.1
Value At Risk
-0.73
Potential Upside
0.75
Standard Deviation
0.56
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Absolute Capital historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Absolute Capital Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Absolute Capital or Absolute Capital sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Absolute Capital's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Absolute fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones0.68
σ
Overall volatility
0.56
Ir
Information ratio -0.0013

Absolute Capital Volatility Alert

Absolute Capital Asset exhibits very low volatility with skewness of 1.24 and kurtosis of 5.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Absolute Capital's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Absolute Capital's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Absolute Capital Fundamentals Vs Peers

Comparing Absolute Capital's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Absolute Capital's direct or indirect competition across all of the common fundamentals between Absolute Capital and the related equities. This way, we can detect undervalued stocks with similar characteristics as Absolute Capital or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Absolute Capital's fundamental indicators could also be used in its relative valuation, which is a method of valuing Absolute Capital by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Absolute Capital to competition
FundamentalsAbsolute CapitalPeer Average
Year To Date Return15.20 %0.39 %
One Year Return19.46 %4.15 %
Three Year Return3.09 %3.60 %
Five Year Return5.69 %3.24 %
Net Asset35.65 M4.11 B
Last Dividend Paid0.040.65
Cash Position Weight24.75 %10.61 %
Equity Positions Weight57.37 %63.90 %
Bond Positions Weight2.28 %11.24 %

Absolute Capital Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Absolute . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Absolute Capital Buy or Sell Advice

When is the right time to buy or sell Absolute Capital Asset? Buying financial instruments such as Absolute Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Absolute Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Theme or any other thematic opportunities.
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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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