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Absolute Select Value ETF is listed at the AMEX Exchange
Absolute Select Value ETF [ABEQ]
AMEX Sector: Financial Services Industry:Asset Management

Is Absolute Select Value ETF stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Absolute Select Value ETF pays dividends. Last time was Tuesday 2nd of July 2024 where the investors holding the stock on Thursday 27th of June 2024 were paid $0.1802 per share. Over the last 9 times between 2020 and 2024, Absolute Select Value ETF has paid $1.5734 with an average of $0.17 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Absolute Select Value ETF 10 years ago, but if you had invested on Wednesday 22nd of January 2020 when the price was $24.98, you would have made a profit of $7.58 per share or 30.34%

No, the average daily trading liquidity for Absolute Select Value ETF is $5 464 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Absolute Select Value ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Absolute Select Value ETF to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.