Ab Equity Income Fund Total Asset
| AUIKX Fund | USD 32.01 0.29 0.91% |
Ab Equity Income fundamentals help investors to digest information that contributes to Ab Equity's financial success or failures. It also enables traders to predict the movement of AUIKX Mutual Fund. The fundamental analysis module provides a way to measure Ab Equity'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 Equity mutual fund.
AUIKX |
Ab Equity Income Mutual Fund Total Asset Analysis
Ab Equity's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Ab Equity Total Asset | 536.54 M |
Most of Ab Equity's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ab Equity Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Ab Equity Income has a Total Asset of 536.54 M. This is much higher than that of the AllianceBernstein family and significantly higher than that of the Large Value category. The total asset for all United States funds is notably lower than that of the firm.
AUIKX Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ab Equity's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Ab Equity could also be used in its relative valuation, which is a method of valuing Ab Equity by comparing valuation metrics of similar companies.Ab Equity is currently under evaluation in total asset among similar funds.
Fund Asset Allocation for Ab Equity
The fund invests 99.87% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.13%) .Asset allocation divides Ab Equity'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.
AUIKX Fundamentals
| Price To Earning | 16.47 X | ||||
| Price To Book | 2.21 X | ||||
| Price To Sales | 1.39 X | ||||
| Total Asset | 536.54 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 4.85 % | ||||
| One Year Return | 20.21 % | ||||
| Three Year Return | 8.68 % | ||||
| Five Year Return | 10.41 % | ||||
| Ten Year Return | 10.02 % | ||||
| Net Asset | 616.85 M | ||||
| Last Dividend Paid | 0.15 | ||||
| Cash Position Weight | 0.13 % | ||||
| Equity Positions Weight | 99.87 % |
About Ab Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ab Equity Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ab Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ab Equity Income 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ab Equity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ab Equity's short interest history, or implied volatility extrapolated from Ab Equity options trading.
Pair Trading with Ab Equity
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 Equity 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 Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with AUIKX Mutual Fund
| 0.98 | GCEAX | Ab Global E | PairCorr |
| 0.98 | GCECX | Ab Global E | PairCorr |
| 0.98 | GCEYX | Ab Global E | PairCorr |
The ability to find closely correlated positions to Ab Equity 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 Equity 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 Equity - 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 Equity Income to buy it.
The correlation of Ab Equity 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 Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ab Equity Me 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 Equity 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 Equity Income. 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 industry. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.