Huntsville stocks pick up gains on down day on Wall Street
| ARBIX Fund | USD 11.55 0.01 0.09% |
Slightly above 55% of Absolute Convertible's investor base is interested to short. The analysis of overall sentiment of trading Absolute Convertible Arbitrage mutual fund suggests that many investors are impartial at this time. Absolute Convertible's investing sentiment can be driven by a variety of factors including economic data, Absolute Convertible's earnings reports, geopolitical events, and overall market trends.
Absolute |
Stocks fall, taking some air out of Wall Streets big recent rally.
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Absolute Convertible Fundamental Analysis
We analyze Absolute Convertible's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absolute Convertible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absolute Convertible 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.
One Year Return
One Year Return Comparative Analysis
Absolute Convertible is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Absolute Convertible 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 Convertible mutual fund to make a market-neutral strategy. Peer analysis of Absolute Convertible could also be used in its relative valuation, which is a method of valuing Absolute Convertible by comparing valuation metrics with similar companies.
Peers
Absolute Convertible Related Equities
| AFB | Alliancebernstein | 0.79 | ||||
| PHDTX | Pace High | 0.11 | ||||
| MSTBX | Morningstar Defensive | 0.10 | ||||
| CFNLX | National Tax | 0.11 | ||||
| PRINX | T Rowe | 0.17 | ||||
| PRFHX | T Rowe | 0.18 |
Other Information on Investing in Absolute Mutual Fund
Absolute Convertible 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 Convertible security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |