Absolute Strategies Mutual Fund Forecast - Daily Balance Of Power

ASFIX Fund  USD 5.97  0.00  0.00%   
Absolute Mutual Fund Forecast is based on your current time horizon.
  
On September 30, 2024 Absolute Strategies Fund had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Absolute Strategies Fund market sensitivity to bulls and bears. It estimates the ability of Absolute Strategies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Absolute Strategies Balance of Power indicator one can determine a trend of the price direction.
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Absolute Strategies Trading Date Momentum

On October 01 2024 Absolute Strategies Fund was traded for  5.96  at the closing time. The highest daily price throughout the period was 5.96  and the lowest price was  5.96 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.68% . The overall trading delta to current closing price is 0.68% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Absolute Strategies Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Absolute Strategies mutual fund to make a market-neutral strategy. Peer analysis of Absolute Strategies could also be used in its relative valuation, which is a method of valuing Absolute Strategies by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Absolute Strategies Market Strength Events

Market strength indicators help investors to evaluate how Absolute Strategies mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Absolute Strategies shares will generate the highest return on investment. By undertsting and applying Absolute Strategies mutual fund market strength indicators, traders can identify Absolute Strategies Fund entry and exit signals to maximize returns.

Absolute Strategies Risk Indicators

The analysis of Absolute Strategies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Absolute Strategies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting absolute mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

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 Strategies 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 Strategies security.
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