AB Municipal Technical Analysis

    AB Municipal Income II Michigan C -- USA Fund  

    USD 10.03  0.00  0.00%

    AB Municipal Income II Michigan C owns Standard Deviation of 0.3137, Market Risk Adjusted Performance of (0.9) and Coefficient Of Variation of (403.89). AB Municipal Income II Michigan C technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity future prices. Strictly speaking you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for AB Municipal which can be compared to its peers in the sector. Please confirm AB Municipal Income Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if AB Municipal Income II Michigan C is priced fairly providing market reflects its prevailing price of 10.03 per share.
    Investment Horizon     30 Days    Login   to change

    AB Municipal Income Trend Analysis

    Use this graph to draw trend lines for AB Municipal Income II Michigan C. You can use it to identify possible trend reversals for AB Municipal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AB Municipal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

    AB Municipal Best Fit Change Line

    The following chart estimates an ordinary least squares regression model for AB Municipal Income II Michigan C applied against its price change over selected period. The best fit line has a slop of 0.008897 % which may suggest that AB Municipal Income II Michigan C market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted AB Municipal price change compared to its average price change.

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    AB Municipal Income II Michigan C is the top fund in mean deviation among similar funds. It is currently under evaluation in standard deviation among similar funds creating about  2.37  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for AB Municipal Income II Michigan C is roughly  2.37 

    One Year Return

    AB Municipal Income One Year Return
    Based on recorded statements AB Municipal Income II Michigan C has One Year Return of 7.6%. This is 2823.08% higher than that of the AllianceBernstein family, and 8.03% lower than that of Muni Single State Interm category, The One Year Return for all funds is 230.43% lower than the firm.
      Year Return 
          AB Municipal Comparables 
    Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.