Ab Bond Inflation Fund Price To Book
| ABNCX Fund | USD 9.92 0.02 0.20% |
Ab Bond Inflation fundamentals help investors to digest information that contributes to Ab Bond's financial success or failures. It also enables traders to predict the movement of ABNCX Mutual Fund. The fundamental analysis module provides a way to measure Ab Bond'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 Ab Bond mutual fund.
ABNCX |
Ab Bond Inflation Mutual Fund Price To Book Analysis
Ab Bond's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Ab Bond Inflation has a Price To Book of 0.0 times. This is 100.0% lower than that of the AllianceBernstein family and about the same as Inflation-Protected Bond (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Did you try this?
Run Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Fund Asset Allocation for Ab Bond
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides Ab Bond's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ABNCX Fundamentals
| Total Asset | 10.28 M | |||
| Annual Yield | 0.0007 % | |||
| Year To Date Return | 0.17 % | |||
| One Year Return | 1.15 % | |||
| Three Year Return | (0.68) % | |||
| Five Year Return | 2.15 % | |||
| Ten Year Return | 1.89 % | |||
| Net Asset | 785.95 M | |||
| Last Dividend Paid | 0.05 | |||
| Cash Position Weight | 20.73 % | |||
| Equity Positions Weight | 0.02 % | |||
| Bond Positions Weight | 3.86 % |
About Ab Bond Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ab Bond Inflation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ab Bond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ab Bond Inflation 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.
Pair Trading with Ab Bond
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 Ab Bond 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 Ab Bond will appreciate offsetting losses from the drop in the long position's value.Moving together with ABNCX Mutual Fund
| 0.84 | ANAGX | Ab Global Bond | PairCorr |
| 0.98 | ANBIX | Ab Bond Inflation | PairCorr |
| 0.98 | ABNTX | Ab Bond Inflation | PairCorr |
| 0.72 | ABQKX | Ab Intermediate Bond | PairCorr |
The ability to find closely correlated positions to Ab Bond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ab Bond 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 Ab Bond - 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 Ab Bond Inflation to buy it.
The correlation of Ab Bond is a statistical measure of how it moves in relation to other instruments. 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 Ab Bond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ab Bond Inflation 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 Ab Bond 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ab Bond Inflation. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ab Bond Inflation information on this page should be used as a complementary analysis to other Ab Bond'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 the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.