Absolute Strategies Fund Quote
Absolute Strategies is trading at 5.97 as of the 25th of November 2024; that is No Change since the beginning of the trading day. The fund's open price was 5.97. Equity ratings for Absolute Strategies Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Absolute Mutual Fund Highlights
| Fund Concentration | Absolute Investment Advisers Funds, Large Value Funds, Multistrategy Funds, Multistrategy, Absolute Investment Advisers (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Absolute Strategies Fund [ASFIX] is traded in USA and was established 25th of November 2024. Absolute Strategies is listed under Absolute Investment Advisers category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of Absolute Investment Advisers family. This fund presently has accumulated 25.09 M in assets under management (AUM) with minimum initial investment of 25 K. Absolute Strategies is currently producing year-to-date (YTD) return of 1.23% with the current yeild of 0.03%, while the total return for the last 3 years was -4.06%.
Check Absolute Strategies Probability Of Bankruptcy
Top Absolute Strategies Fund Mutual Fund Constituents
| GDX | VanEck Gold Miners | Etf | Equity Precious Metals | |
| SPY | SPDR SP 500 | Etf | Large Blend | |
| NSRGY | Nestle SA ADR | Pink Sheet | Packaged Foods | |
| RGLD | Royal Gold | Stock | Materials | |
| L | Loews Corp | Stock | Financials | |
| DD | Dupont De Nemours | Stock | Materials | |
| D | Dominion Energy | Stock | Utilities | |
| CVS | CVS Health Corp | Stock | Health Care |
Absolute Strategies Risk Profiles
| Mean Deviation | 0.2824 | |||
| Standard Deviation | 0.3949 | |||
| Variance | 0.1559 | |||
| Risk Adjusted Performance | (0.05) |
Absolute Strategies Against Markets
Absolute Strategies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Absolute Strategies mutual fund to make a market-neutral strategy. Peer analysis of Absolute Strategies could also be used in its relative valuation, which is a method of valuing Absolute Strategies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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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