Absolute Return Currency Financials

We suggest to use Absolute Return Currency fundamental analysis to find out if markets are presently mispricing the fund. Put another way you can use it to find out if Absolute Return Currency is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to collect and analyze data for nine available fundamental indicators for Absolute Return Currency, which can be compared to its peers.
  
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 Return Fund Summary

Absolute Return competes with Qs Growth, Riverpark/next Century, Crafword Dividend, Blue Chip, and Vanguard Lifestrategy. Under normal market conditions, at least 80 percent of the value of the funds net assets, including borrowings for investment purposes, if any, will be exposed to currency through currency forwards and other currency transactions, such as spot currency transactions and currency options. John Hancock is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS47803M1687
Business AddressJohn Hancock Funds
Mutual Fund FamilyJohn Hancock
Mutual Fund CategoryMacro Trading
BenchmarkDow Jones Industrial
Phone888 972 8696
CurrencyUSD - US Dollar

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  0.09  of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Absolute Return Currency is roughly  10.91 . 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.
Absolute Return Currency is currently considered the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Macro Trading category is currently estimated at about 30.56 Billion. Absolute Return claims roughly 521.79 Million in net asset contributing just under 2% to funds under Macro Trading category.
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 gross domestic product.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Consideration for investing in Absolute Mutual Fund

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.
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