Absolute Mutual Fund Quote


USD 9.92  0.01  0.10%   

Market Performance
2 of 100
Odds Of Distress
Less than 1
Absolute Capital is trading at 9.92 as of the 16th of August 2022; that is 0.10 percent increase since the beginning of the trading day. The fund's open price was 9.91. Absolute Capital has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Absolute Capital Defender are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2020 and ending today, the 16th of August 2022. Click here to learn more.
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 cash and cash equivalents and exchange traded notes . More on Absolute Capital Defender

Moving together with Absolute Capital

0.71VFFSXVanguard 500 Index Low VolatilityPairCorr
0.73VFIAXVanguard 500 Index Low VolatilityPairCorr
0.89JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr

Absolute Capital Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Absolute Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Absolute Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Absolute Capital is unlikely to experience financial distress in the next 2 years
The fund holds about 58.2% of its assets under management (AUM) in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Absolute Capital's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Startdate18th of December 2015
Absolute Capital Defender [ACMAX] is traded in USA and was established 16th of August 2022. The fund is listed under Tactical Allocation category and is part of Absolute Capital family. Absolute Capital Defender presently has accumulated 25.2 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 0.8%.
Check Absolute Capital Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Absolute Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Absolute Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Absolute Capital Defender Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Absolute Capital Defender Constituents

Absolute Capital Target Price Odds Analysis

What are Absolute Capital's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Absolute Capital jumping above the current price in 90 days from now is about 11.23%. The Absolute Capital Defender probability density function shows the probability of Absolute Capital mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Absolute Capital has a beta of 0.3622. This suggests as returns on the market go up, Absolute Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Absolute Capital Defender will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Absolute Capital Defender is significantly underperforming DOW.
  Odds Below 9.92HorizonTargetOdds Above 9.92
88.41%90 days
Based on a normal probability distribution, the odds of Absolute Capital to move above the current price in 90 days from now is about 11.23 (This Absolute Capital Defender probability density function shows the probability of Absolute Mutual Fund to fall within a particular range of prices over 90 days) .

Absolute Capital Defender Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Absolute Capital market risk premium is the additional return an investor will receive from holding Absolute Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Absolute Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Absolute Capital's alpha and beta are two of the key measurements used to evaluate Absolute Capital's performance over the market, the standard measures of volatility play an important role as well.

Absolute Capital Against Markets

Picking the right benchmark for Absolute Capital mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Absolute Capital mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Absolute Capital is critical whether you are bullish or bearish towards Absolute Capital Defender at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Absolute Capital without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Absolute Capital Defender?

You need to understand the risk of investing before taking a position in Absolute Capital. The danger of trading Absolute Capital Defender is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Absolute Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Absolute Capital. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Absolute Capital Defender is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Absolute Capital Defender information on this page should be used as a complementary analysis to other Absolute Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Absolute Mutual Fund analysis

When running Absolute Capital Defender price analysis, check to measure Absolute Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Absolute Capital is operating at the current time. Most of Absolute Capital's value examination focuses on studying past and present price action to predict the probability of Absolute Capital's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Absolute Capital's price. Additionally, you may evaluate how the addition of Absolute Capital to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Absolute Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Absolute Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absolute Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.