Consumer Confidence Hits 2-Year High As Recession Fears Fade Stock Market Optimism Soars To Record High
AAMIX Fund | USD 11.61 0.11 0.94% |
Slightly above 61% of Absolute Capital's investor base is looking to short. The analysis of overall sentiment of trading Absolute Capital Asset mutual fund suggests that many investors are alarmed at this time. Absolute Capital's investing sentiment can be driven by a variety of factors including economic data, Absolute Capital's earnings reports, geopolitical events, and overall market trends.
Absolute |
Consumer confidence reaches highest level in 2 years, driven by labor market optimism and record-low recession fears. Stock market confidence also at record high.
Read at benzinga.com
Absolute Capital Fundamental Analysis
We analyze Absolute Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absolute Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absolute Capital based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Equity Positions Weight
Equity Positions Weight Comparative Analysis
Absolute Capital is currently under evaluation in equity positions weight among similar funds. Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Absolute Capital Asset Potential Pair-trading
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 Capital mutual fund to make a market-neutral strategy. Peer analysis of Absolute Capital could also be used in its relative valuation, which is a method of valuing Absolute Capital by comparing valuation metrics with similar companies.
Peers
Absolute Capital Related Equities
FZABX | Fidelity Advisor | 0.08 | ||||
LIGFX | Lord Abbett | 0.37 | ||||
JPDVX | Jpmorgan Diversified | 0.57 | ||||
PGBAX | Global Diversified | 0.76 | ||||
WCAFX | Wealthbuilder Conservative | 1.02 | ||||
CFAIX | Calvert Conservative | 1.55 | ||||
ELDFX | Elfun Diversified | 6.44 |
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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