ABFL Stock Summary and Trading Ideas (Abacus Fcf Leaders ETF | BATS:ABFL)

The Fund seeks to generate long-term returns in excess of the total return of the Russell 3000 Index, with less volatility than the Index. The Russell 3000 Index measures the performance of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The Fund seeks to achieve this goal by investing in stocks with liquidity and fundamental characteristics that are historically associated with superior long-term performance. The Index measures the performance of approximately 98% of the total market capitalization of the publicly traded U.S. equity market. The top decile of stocks ranked represent the companies in the Index with (1) the largest reduction in shares outstanding, (2) the strongest growth in free cash flow, and (3) the largest decrease in leverage, respectively. The Adviser uses an algorithm to combine the three rankings into a single ranking for each stock ranked (combined ranking). The algorithm places a higher weight on the float shrink ranking, followed by the free cash flow ranking, followed by the leverage ranking. Under normal circumstances the Fund invests in 80 to 120 stocks from the top decile of stocks with the highest combined ranking, although the Adviser retains discretion to adjust allocations.

Abacus Fcf Leaders ETF trades on the BATS stock market under the symbol ABFL.

As of January 3, 2025, ABFL stock price climbed to $67.26 with 7,995 million shares trading.

ABFL has a market cap of $655.75 million. This is considered a Small Cap stock.

ABFL support price is $65.22 and resistance is $67.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABFL shares will trade within this expected range on the day.