Absolute Mutual Fund Buy Hold or Sell Recommendation

ACMAX
 Fund
  

USD 9.68  0.04  0.41%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Absolute Capital Defender is 'Strong Hold'. Macroaxis provides Absolute Capital buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ACMAX positions. The advice algorithm takes into account all of Absolute Capital's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Absolute Capital's buy-and-hold perspective. Please continue to Absolute Capital Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Absolute and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Absolute Capital Defender.

Execute Absolute Capital Buy or Sell Advice

The Absolute recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Absolute Capital Defender. Macroaxis does not own or have any residual interests in Absolute Capital Defender or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Absolute Capital's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Absolute CapitalBuy Absolute Capital
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Absolute Capital Defender has a Risk Adjusted Performance of (0.28), Jensen Alpha of (0.06), Total Risk Alpha of (0.05) and Treynor Ratio of (0.30)
We provide trade advice to complement the prevailing expert consensus on Absolute Capital Defender. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please makes use of Absolute Capital number of employees and last dividend paid to make buy, hold, or sell decision on Absolute Capital Defender.

Absolute Capital Trading Alerts and Improvement Suggestions

Absolute Capital generated a negative expected return over the last 90 days
Absolute Capital is unlikely to experience financial distress in the next 2 years
The fund holds about 21.41% of its assets under management (AUM) in cash

Absolute Capital Returns Distribution Density

The distribution of Absolute Capital's historical returns is an attempt to chart the future uncertainty of Absolute Capital's future price movements. The chart of the probability distribution of Absolute Capital stock daily returns describes the distribution of returns around its average expected value. We use Absolute Capital Defender price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Absolute Capital returns is essential to provide solid investment advice for Absolute Capital stock.
Mean Return-0.13Value At Risk-1.43
Potential Upside0.85Standard Deviation0.68
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Absolute Capital historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Absolute Capital Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Absolute Capital or Absolute Capital sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Absolute Capital stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Absolute stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.06
β
Beta against DOW0.45
σ
Overall volatility
0.68
Ir
Information ratio 0.05

Absolute Capital Volatility Alert

Absolute Capital Defender exhibits very low volatility with skewness of -0.44 and kurtosis of -0.21. However, we advise investors to further study Absolute Capital Defender technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Absolute Capital's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Absolute Capital's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Absolute Capital Implied Volatility

Absolute Capital's implied volatility exposes the market's sentiment of Absolute Capital Defender stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Absolute Capital's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Absolute Capital stock will not fluctuate a lot when Absolute Capital's options are near their expiration.

Absolute Capital Fundamentals Vs Peers

Comparing Absolute Capital's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Absolute Capital's direct or indirect competition across all of the common fundamentals between Absolute Capital and the related equities. This way, we can detect undervalued stocks with similar characteristics as Absolute Capital or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Absolute Capital's fundamental indicators could also be used in its relative valuation, which is a method of valuing Absolute Capital by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Absolute Capital to competition
FundamentalsAbsolute CapitalPeer Average
One Year Return2.97 %4.15 %
Three Year Return0.80 %3.60 %
Net Asset22.32 M4.11 B
Last Dividend Paid0.030.65
Cash Position Weight21.41 %10.61 %
Equity Positions Weight65.39 %63.90 %
Bond Positions Weight2.60 %11.24 %

About Absolute Capital Buy or Sell Advice

When is the right time to buy or sell Absolute Capital Defender? Buying financial instruments such as Absolute Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Absolute Capital investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Absolute Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Market Neutral Thematic Idea Now

Market Neutral
Market Neutral Theme
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral theme has 40 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Theme or any other thematic opportunities.
View All  Next Launch Market Neutral
Please continue to Absolute Capital Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.