Absolute Capital Financial Statements From 2010 to 2024
| AAMIX Fund | USD 12.19 0.03 0.25% |
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 Asset Mutual Fund One Year Return Analysis
Absolute Capital's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Absolute Capital One Year Return | 19.43 % |
Most of Absolute Capital's fundamental indicators, such as One 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 Capital Asset is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Absolute Capital Asset has an One Year Return of 19.4308%. This is much higher than that of the Absolute Capital family and significantly higher than that of the Tactical Allocation category. The one year return for all United States funds is notably lower than that of the firm.
Absolute Capital Asset 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 Asset is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Absolute Capital Asset is roughly 7.33 . 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 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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