Absolute Strategies Financials
ASFIX Fund | USD 5.97 0.00 0.00% |
Absolute |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Absolute Strategies Fund Summary
Absolute Strategies competes with Fidelity Sai, Ab Bond, Loomis Sayles, Short Duration, and Tiaa-cref Inflation. 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.Specialization | Multistrategy, Large Value |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US34984T6001 |
Business Address | Forum Funds |
Mutual Fund Family | Absolute Investment Advisers |
Mutual Fund Category | Multistrategy |
Benchmark | Dow Jones Industrial |
Phone | 888 992 2765 |
Currency | USD - US Dollar |
Absolute Strategies Key Financial Ratios
Absolute Financial Ratios 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.Absolute Strategies Market Pulse
Quote | 5.97 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 5.97 |
Low | 5.97 |
High | 5.97 |
Volume | 0 |
Exchange | NMFQS |
Absolute Strategies November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Absolute Strategies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Absolute Strategies Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Absolute Strategies Fund based on widely used predictive technical indicators. In general, we focus on analyzing Absolute Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Absolute Strategies's daily price indicators and compare them against related drivers.
Information Ratio | (0.34) | |||
Maximum Drawdown | 2.67 | |||
Value At Risk | (0.97) | |||
Potential Upside | 0.6734 |
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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