Absolute Return Currency Financials

Absolute Return Fund Summary

Absolute Return competes with Biotechnology Fund, Red Oak, Biotechnology Ultrasector, Columbia Global, and Science Technology. The investment seeks to achieve absolute return from investments in currency markets. John Hancock is traded on NASDAQ Exchange in the United States.

Absolute Return Key Financial Ratios

Absolute Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Absolute Return's current stock value. Our valuation model uses many indicators to compare Absolute Return value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absolute Return competition to find correlations between indicators driving Absolute Return's intrinsic value. More Info.Absolute Return Currency is currently considered the top fund in one year return among similar funds. It also is currently considered the top fund in three year return among similar funds reporting about  0.08  of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Absolute Return Currency is roughly  13.26 . 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 Return's earnings, one of the primary drivers of an investment's value.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

If you are still planning to invest in Absolute Return Currency check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Return's history and understand the potential risks before investing.