Aberdeen Net Asset

ATOAX
 Fund
  

USD 10.06  0.01  0.1%   

Aberdeen Ultra Short fundamentals help investors to digest information that contributes to Aberdeen Ultra's financial success or failures. It also enables traders to predict the movement of Aberdeen Mutual Fund. The fundamental analysis module provides a way to measure Aberdeen Ultra's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aberdeen Ultra mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Aberdeen Net Asset Analysis

Aberdeen Ultra's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset 
 = 
Current Market Value 
Current Liabilities 
More About Net Asset | All Equity Analysis

Current Aberdeen Ultra Net Asset

    
  761.03 M  
Most of Aberdeen Ultra's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aberdeen Ultra Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Aberdeen Ultra Net Asset Component Assessment

Based on the recorded statements, Aberdeen Ultra Short has a Net Asset of 761.03 M. This is much higher than that of the Aberdeen family and significantly higher than that of the Muni National Short category. The net asset for all United States funds is notably lower than that of the firm.

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Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Fund Asset Allocation for Aberdeen Ultra

The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in cash and cash equivalents.
   Value   
       Instrument Type  

Aberdeen Fundamentals

About Aberdeen Ultra Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aberdeen Ultra Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aberdeen Ultra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aberdeen Ultra Short 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.
Please read more on our fundamental analysis page.
The fund invests its assets in a combination of tax-exempt obligations and taxable debt obligations. Aberdeen Ultra is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aberdeen Ultra without increasing your portfolio risk or giving up the 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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Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
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Pair Trading with Aberdeen Ultra

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aberdeen Ultra position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aberdeen Ultra will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Aberdeen Ultra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Ultra when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aberdeen Ultra - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aberdeen Ultra Short to buy it.
The correlation of Aberdeen Ultra is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aberdeen Ultra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Ultra Short moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aberdeen Ultra can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Aberdeen Ultra Piotroski F Score and Aberdeen Ultra Altman Z Score analysis. Note that the Aberdeen Ultra Short information on this page should be used as a complementary analysis to other Aberdeen Ultra'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Please note, there is a significant difference between Aberdeen Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine Aberdeen Ultra value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberdeen Ultra'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.