Absolute Capital Defender Fund Manager Performance Evaluation
| ACMIX Fund | USD 11.82 0.09 0.77% |
The fund shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Absolute Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Absolute Capital is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Absolute Capital Defender are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Absolute Capital is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.8600 |
Absolute |
Absolute Capital Relative Risk vs. Return Landscape
If you would invest 1,125 in Absolute Capital Defender on August 24, 2024 and sell it today you would earn a total of 57.00 from holding Absolute Capital Defender or generate 5.07% return on investment over 90 days. Absolute Capital Defender is currently producing 0.0797% returns and takes up 0.5085% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Absolute, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Absolute Capital Current Valuation
Fairly Valued
Today
Please note that Absolute Capital's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Absolute Capital Defender shows a prevailing Real Value of $11.73 per share. The current price of the fund is $11.82. We determine the value of Absolute Capital Defender from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Absolute Capital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Absolute Mutual Fund. However, Absolute Capital's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.82 | Real 11.73 | Hype 11.82 | Naive 11.71 |
The intrinsic value of Absolute Capital's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Absolute Capital's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Absolute Capital Defender helps investors to forecast how Absolute mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Absolute Capital more accurately as focusing exclusively on Absolute Capital's fundamentals will not take into account other important factors: Absolute Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absolute Capital's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Absolute Capital Defender, and traders can use it to determine the average amount a Absolute Capital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1568
| Best Portfolio | Best Equity | |||
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| Cash | ACMIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Absolute Capital is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Absolute Capital by adding it to a well-diversified portfolio.
Absolute Capital Fundamentals Growth
Absolute Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Absolute Capital, and Absolute Capital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Absolute Mutual Fund performance.
| Price To Earning | 19.08 X | |||
| Price To Book | 3.09 X | |||
| Price To Sales | 1.52 X | |||
| Total Asset | 22.32 M | |||
About Absolute Capital Performance
Evaluating Absolute Capital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Absolute Capital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Absolute Capital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds and closed-end funds in domestic and foreign fixed income securities of any maturity or credit quality equity securities of any market capitalization cash and cash equivalents and exchange traded notes .Things to note about Absolute Capital Defender performance evaluation
Checking the ongoing alerts about Absolute Capital for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Absolute Capital Defender help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 5.55% of its assets under management (AUM) in cash |
- Analyzing Absolute Capital's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Absolute Capital's stock is overvalued or undervalued compared to its peers.
- Examining Absolute Capital's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Absolute Capital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absolute Capital's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Absolute Capital's mutual fund. These opinions can provide insight into Absolute Capital's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Absolute Mutual Fund
Absolute Capital 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 Capital security.
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