TTM Technologies EVP Catherine Gridley sells 125,727 in shares
| ARBIX Fund | USD 11.54 0.00 0.00% |
Slightly above 56% of Absolute Convertible's investor base is looking to short. The analysis of overall sentiment of trading Absolute Convertible Arbitrage mutual fund suggests that many investors are alarmed 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 |
TTM Technologies EVP Catherine Gridley sells 125,727 in shares
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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.
Cash Position Weight
Cash Position Weight Comparative Analysis
Absolute Convertible is rated below average in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
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
| FMAGX | Fidelity Magellan | 0.44 | ||||
| VFIAX | Vanguard 500 | 0.26 | ||||
| PATFX | T Rowe | 0.09 | ||||
| ARBIX | Absolute Convertible | 0.00 | ||||
| CAPOX | Absolute Capital | 0.00 | ||||
| ARBOX | Absolute Convertible | 0.00 | ||||
| BDJ | Blackrock Enhanced | 0.11 | ||||
| LNCAX | Ladenburg Income | 0.27 | ||||
| WSTAX | Ivy Science | 14.60 |
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.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |