Ab Michigan Five Year Return vs. Three Year Return

Considering Ab Michigan's profitability and operating efficiency indicators, Ab Michigan Portfolio may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Ab Michigan's ability to earn profits and add value for shareholders.
For Ab Michigan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ab Michigan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ab Michigan Portfolio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ab Michigan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ab Michigan Portfolio over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities to better understand how to build diversified portfolios. 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 bureau of labor statistics.
Please note, there is a significant difference between Ab Michigan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Michigan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Michigan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ab Michigan Portfolio Three Year Return vs. Five Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ab Michigan's current stock value. Our valuation model uses many indicators to compare Ab Michigan value to that of its competitors to determine the firm's financial worth.
Ab Michigan Portfolio is rated below average in five year return among similar funds. It is the top fund in three year return among similar funds reporting about  1.55  of Three Year Return per Five Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ab Michigan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ab Michigan's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ab Michigan's earnings, one of the primary drivers of an investment's value.

AMIBX Three Year Return vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Ab Michigan

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
3.69 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Ab Michigan

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
5.72 %
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.

AMIBX Three Year Return Comparison

Ab Michigan is currently under evaluation in three year return among similar funds.

AMIBX Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ab Michigan. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ab Michigan position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ab Michigan's important profitability drivers and their relationship over time.

Use Ab Michigan in pair-trading

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 Michigan 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 Michigan will appreciate offsetting losses from the drop in the long position's value.

Ab Michigan Pair Trading

Ab Michigan Portfolio Pair Trading Analysis

The ability to find closely correlated positions to Hartford Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hartford Financial 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 Hartford Financial - 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 Hartford Financial Services to buy it.
The correlation of Hartford Financial 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 Hartford Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hartford Financial 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 Hartford Financial 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ab Michigan position

In addition to having Ab Michigan in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Small & Mid Caps ETFs Thematic Idea Now

Small & Mid Caps ETFs
Small & Mid Caps ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small & Mid Caps ETFs theme has 12 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small & Mid Caps ETFs Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. 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 bureau of labor statistics.
Note that the Ab Michigan Portfolio information on this page should be used as a complementary analysis to other Ab Michigan'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Consideration for investing in AMIBX Mutual Fund

If you are still planning to invest in Ab Michigan Portfolio check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ab Michigan's history and understand the potential risks before investing.
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