Ab Arizona Financials
We suggest to use Ab Arizona Portfolio fundamental analysis to find out if markets are at this time mispricing the fund. Strictly speaking you can use it to find out if Ab Arizona Portfolio is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze fourteen available financial indicators for Ab Arizona, which can be compared to its peers in the sector.
AAZAX |
Please note that past performance is not an indicator of the future performance of Ab Arizona, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Ab Arizona Fund Summary
Ab Arizona competes with Mirova Global, Blrc Sgy, Morningstar Defensive, Artisan High, and T Rowe. The investment seeks to earn the highest level of current income exempt from both federal income tax and State of Arizona personal income tax that is available without assuming what the Adviser considers to be undue risk. Ab Municipal is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US01864E7976 |
| Business Address | AllianceBernstein Muni Income |
| Mutual Fund Family | AllianceBernstein |
| Mutual Fund Category | Muni Single State Interm |
| Benchmark | NYSE Composite |
| Phone | 800 227 4618 |
| Currency | USD - US Dollar |
You should never invest in Ab Arizona Portfolio without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of AAZAX Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Ab Arizona's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Ab Arizona Key Financial Ratios
Generally speaking, Ab Arizona's financial ratios allow both analysts and investors to convert raw data from Ab Arizona's financial statements into concise, actionable information that can be used to evaluate the performance of Ab Arizona over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ab Arizona Portfolio reports annually and quarterly.AAZAX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ab Arizona's current stock value. Our valuation model uses many indicators to compare Ab Arizona value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ab Arizona competition to find correlations between indicators driving Ab Arizona's intrinsic value. More Info.Ab Arizona Portfolio is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 125.73 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ab Arizona by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ab Arizona'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 Arizona's earnings, one of the primary drivers of an investment's value.Ab Arizona Portfolio Systematic Risk
Ab Arizona's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ab Arizona volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Ab Arizona Portfolio correlated with the market. If Beta is less than 0 Ab Arizona generally moves in the opposite direction as compared to the market. If Ab Arizona Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ab Arizona Portfolio is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ab Arizona is generally in the same direction as the market. If Beta > 1 Ab Arizona moves generally in the same direction as, but more than the movement of the benchmark.
Ab Arizona April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ab Arizona help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ab Arizona Portfolio. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ab Arizona Portfolio based on widely used predictive technical indicators. In general, we focus on analyzing AAZAX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ab Arizona's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2924 | |||
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 0.9794 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.1969 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ab Arizona Portfolio. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the Ab Arizona Portfolio information on this page should be used as a complementary analysis to other Ab Arizona'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.