Royal Gold Third Quarter 2024 Earnings EPS US1.47
| ASFIX Fund | USD 5.97 0.00 0.00% |
Slightly above 62% of Absolute Strategies' investor base is looking to short. The analysis of overall sentiment of trading Absolute Strategies Fund mutual fund suggests that many investors are alarmed at this time. Absolute Strategies' investing sentiment can be driven by a variety of factors including economic data, Absolute Strategies' earnings reports, geopolitical events, and overall market trends.
Absolute |
Royal Gold Third Quarter 2024 Results Key Financial Results Revenue US193.8m up 42 percent from 3Q 2023...
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Absolute Strategies Fundamental Analysis
We analyze Absolute Strategies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absolute Strategies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absolute Strategies 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.
Price To Earning
Price To Earning Comparative Analysis
Absolute Strategies is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Absolute Strategies Potential Pair-trading
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.
Peers
Absolute Strategies Related Equities
| THQ | Tekla Healthcare | 1.41 | ||||
| PHLAX | Prudential Health | 0.51 | ||||
| BHSRX | Blackrock Health | 0.27 | ||||
| SBHIX | Health Biotchnology | 0.20 | ||||
| LOGSX | Live Oak | 0.18 | ||||
| FHCCX | Fidelity Advisor | 0.14 |
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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