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ASFIX Absolute Strategies I Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Tesla (NASDAQ:TSLA).

Industry description

The investment seeks long-term capital appreciation with an emphasis on absolute returns and low sensitivity to traditional financial market indices such as the Standard & Poor's 500® Index. The fund’s investment adviser, has responsibility for allocating fund assets across strategies and investment styles that the adviser believes are complementary and, when combined, will produce long-term risk-adjusted returns. The adviser considers long-term risk-adjusted investment returns to be those that do not incur a permanent loss of capital over a full market cycle.

Market Cap

The average market capitalization across the Absolute Strategies I MF is 128.23B. The market cap for tickers in the group ranges from 559.85B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is TSLA at 559.85B.

Volume

The average weekly volume growth across all stocks in the Absolute Strategies I MF was -1%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was -29%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 61
Price Growth Rating: 48
SMR Rating: 74
Profit Risk Rating: 71
Seasonality Score: 11 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Multistrategy
Address
Forum Funds (Absolute)P.O. Box 588Portland
Phone
888-992-2765
Web
www.absoluteadvisers.com
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JPMorgan International Focus R2

ASFIX and MutualFunds

Correlation & Price change

A.I.dvisor tells us that ASFIX and BKMBX have been poorly correlated (+0% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ASFIX and BKMBX's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ASFIX
1D Price
Change %
ASFIX100%
+0.33%
BKMBX - ASFIX
0%
Poorly correlated
-0.09%
BMBCX - ASFIX
-1%
Poorly correlated
-0.09%
BIMBX - ASFIX
-1%
Poorly correlated
-0.09%
BAMBX - ASFIX
-2%
Poorly correlated
-0.09%
BXMYX - ASFIX
-24%
Poorly correlated
N/A
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