Absolute Capital Asset Fund Price on January 26, 3120
| AAMIX Fund | USD 11.95 0.10 0.84% |
Below is the normalized historical share price chart for Absolute Capital Asset extending back to December 18, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Absolute Capital stands at 11.95, as last reported on the 20th of December, with the highest price reaching 11.95 and the lowest price hitting 11.95 during the day.
If you're considering investing in Absolute Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Absolute Mutual Fund to be very steady. Absolute Capital Asset secures Sharpe Ratio (or Efficiency) of 0.0705, which signifies that the fund had a 0.0705% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Absolute Capital Asset, which you can use to evaluate the volatility of the entity. Please confirm Absolute Capital's Mean Deviation of 0.4305, downside deviation of 0.6758, and Risk Adjusted Performance of 0.0573 to double-check if the risk estimate we provide is consistent with the expected return of 0.0444%.
Absolute Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Absolute |
Sharpe Ratio = 0.0705
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| Negative Returns | AAMIX |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Absolute Capital is performing at about 5% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Absolute Capital Mutual Fund history
Absolute Capital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Absolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Absolute Capital Asset will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Absolute Capital stock prices may prove useful in developing a viable investing in Absolute Capital
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 and exchange traded notes .
Absolute Capital Mutual Fund Technical Analysis
Absolute Capital technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Absolute Capital Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Absolute Capital Asset cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Absolute Capital December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Absolute Capital mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Absolute Capital shares will generate the highest return on investment. By undertsting and applying Absolute Capital mutual fund market strength indicators, traders can identify Absolute Capital Asset entry and exit signals to maximize returns
Absolute Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Absolute Capital's price direction in advance. Along with the technical and fundamental analysis of Absolute Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Absolute to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.0207 | |||
| Total Risk Alpha | 0.0189 | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | 0.0525 |
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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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