Absolute Strategies Fund Financials
ASFIXDelisted 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 Gabelli Convertible, Absolute Convertible, Rationalpier, Calamos Dynamic, and Virtus Convertible. The funds investment adviser, believes that there are important benefits that come from investing through skilled asset managers whose strategies, when combined, seek to provide attractive long-term risk-adjusted returns, with lower volatility and low sensitivity to traditional market measures. Absolute Strategies is traded on NASDAQ Exchange in the United States.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 December 26, 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 | (0.20) | |||
Maximum Drawdown | 2.67 | |||
Value At Risk | (0.97) | |||
Potential Upside | 0.6734 |
Check out Trending Equities 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Absolute Mutual Fund
If you are still planning to invest in Absolute Strategies 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 Strategies' history and understand the potential risks before investing.
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |