ASLAX Mutual Fund Quote

ASLAX -  USA Fund  

USD 14.94  0.00  0.00%

Ab Cap is trading at 14.94 as of the 25th of September 2021; that is No Change since the beginning of the trading day. The fund's open price was 14.94. Ab Cap has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Ab Cap Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2021 and ending today, the 25th of September 2021. Click here to learn more.
 Market Performance
1 of 100
  Odds Of Distress
Less than 1

Ab Cap Mutual Fund Profile

Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Ab Cap is traded on NASDAQ Exchange in the United States. more on Ab Cap
Ab Cap Fund is unlikely to experience financial distress in the next 2 years
The fund holds about 26.89% of its assets under management (AUM) in cash
Legal NameAb Cap Fund
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ab Cap's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year0.54
Startdate12th of December 2012
Ab Cap Fund [ASLAX] is traded in USA and was established 25th of September 2021. The fund is listed under Long-Short Equity category and is part of AllianceBernstein family. Ab Cap Fund presently has accumulated 1.41 B in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 6.11%.
Check Ab Cap Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ASLAX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ab Cap , and the less return is expected.

Top Ab Cap Fund Constituents

Ab Cap Target Price Odds Analysis

What are Ab Cap's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ab Cap jumping above the current price in 90 days from now is about 77.78%. The Ab Cap Fund probability density function shows the probability of Ab Cap mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ab Cap Fund has a beta of -0.1148. This suggests as returns on benchmark increase, returns on holding Ab Cap are expected to decrease at a much lower rate. During the bear market, however, Ab Cap Fund is likely to outperform the market. Additionally, the company has an alpha of 0.0121, implying that it can generate a 0.0121 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 14.94HorizonTargetOdds Up 14.94 
21.55%90 days
 14.94 
77.78%
Based on a normal probability distribution, the odds of Ab Cap to move above the current price in 90 days from now is about 77.78 (This Ab Cap Fund probability density function shows the probability of ASLAX Mutual Fund to fall within a particular range of prices over 90 days) .

Ab Cap Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ab Cap market risk premium is the additional return an investor will receive from holding Ab Cap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ab Cap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ab Cap's alpha and beta are two of the key measurements used to evaluate Ab Cap's performance over the market, the standard measures of volatility play an important role as well.

Ab Cap Against Markets

Picking the right benchmark for Ab Cap mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ab Cap mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ab Cap is critical whether you are bullish or bearish towards Ab Cap Fund at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ab Cap without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the Ab Cap Fund information on this page should be used as a complementary analysis to other Ab Cap'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for ASLAX Mutual Fund analysis

When running Ab Cap Fund price analysis, check to measure Ab Cap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ab Cap is operating at the current time. Most of Ab Cap's value examination focuses on studying past and present price action to predict the probability of Ab Cap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ab Cap's price. Additionally, you may evaluate how the addition of Ab Cap to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ab Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine Ab Cap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Cap'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.