Absolute Strategies Financial Statements From 2010 to 2024
| ASFIX Fund | USD 5.97 0.00 0.00% |
Check Absolute Strategies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Absolute Strategies' 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 Strategies Valuation or Volatility modules.
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Absolute Strategies Fund Mutual Fund Year To Date Return Analysis
Absolute Strategies' Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Absolute Strategies Year To Date Return | 1.23 % |
Most of Absolute Strategies' fundamental indicators, such as Year To Date 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 Strategies Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
CompetitionIn accordance with the company's disclosures, Absolute Strategies Fund has a Year To Date Return of 1.2308%. This is much higher than that of the Absolute Investment Advisers family and significantly higher than that of the Multistrategy category. The year to date return for all United States funds is notably lower than that of the firm.
Absolute Strategies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Absolute Strategies's current stock value. Our valuation model uses many indicators to compare Absolute Strategies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absolute Strategies competition to find correlations between indicators driving Absolute Strategies's intrinsic value. More Info.Absolute Strategies Fund 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 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Absolute Strategies Fund is roughly 8.06 . 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 Strategies' earnings, one of the primary drivers of an investment's value.About Absolute Strategies Financial Statements
Absolute Strategies investors use historical fundamental indicators, such as Absolute Strategies' 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 Strategies. Please read more on our technical analysis and fundamental analysis pages.
The funds investment adviser, has responsibility for allocating fund assets across strategies and investment styles that the adviser believes are complementary and, when combined, will produce long-term risk-adjusted returns. The adviser considers long-term risk-adjusted investment returns to be those that do not incur a permanent loss of capital over a full market cycle.
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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 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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