Absolute Strategies Fund Manager Performance
| ASFIXDelisted Fund | USD 5.97 0.00 0.00% |
The fund shows a Beta (market volatility) of 0.0088, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Absolute Strategies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Absolute Strategies is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Absolute Strategies Fund are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Absolute Strategies is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of August 2022 | |
| Expense Ratio | 2.2500 |
Absolute |
Absolute Strategies Relative Risk vs. Return Landscape
If you would invest 593.00 in Absolute Strategies Fund on September 27, 2024 and sell it today you would earn a total of 4.00 from holding Absolute Strategies Fund or generate 0.67% return on investment over 90 days. Absolute Strategies Fund is currently producing 0.0255% returns and takes up 0.3608% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Absolute, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Absolute Strategies Current Valuation
Overvalued
Today
Please note that Absolute Strategies' price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Absolute Strategies shows a prevailing Real Value of $5.53 per share. The current price of the fund is $5.97. We determine the value of Absolute Strategies from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Absolute Strategies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Absolute Mutual Fund. However, Absolute Strategies' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.97 | Real 5.53 | Hype 5.97 |
The intrinsic value of Absolute Strategies' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Absolute Strategies' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Absolute Strategies Fund helps investors to forecast how Absolute mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Absolute Strategies more accurately as focusing exclusively on Absolute Strategies' fundamentals will not take into account other important factors: Absolute Strategies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absolute Strategies' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Absolute Strategies Fund, and traders can use it to determine the average amount a Absolute Strategies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0707
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| Negative Returns | ASFIX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 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 Strategies 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 Strategies by adding it to a well-diversified portfolio.
Absolute Strategies Fundamentals Growth
Absolute Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Absolute Strategies, and Absolute Strategies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Absolute Mutual Fund performance.
| Price To Earning | 18.22 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 0.85 X | |||
About Absolute Strategies Performance
Evaluating Absolute Strategies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Absolute Strategies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Absolute Strategies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Absolute Strategies performance evaluation
Checking the ongoing alerts about Absolute Strategies for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Absolute Strategies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Absolute Strategies is not yet fully synchronised with the market data | |
| Absolute Strategies has a very high chance of going through financial distress in the upcoming years | |
| This fund generated0.0 ten year return of 0.0% | |
| Absolute Strategies holds about 30.82% of its assets under management (AUM) in cash |
- Analyzing Absolute Strategies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Absolute Strategies' stock is overvalued or undervalued compared to its peers.
- Examining Absolute Strategies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Absolute Strategies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absolute Strategies' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Absolute Strategies' mutual fund. These opinions can provide insight into Absolute Strategies' potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
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