AAZAX Mutual Fund Buy Hold or Sell Recommendation

AAZAX -  USA Fund  

USD 11.34  0.01  0.09%

Assuming the 90 days horizon and your conservative risk appetite, our recommendation regarding Ab Municipal Income is 'Sell'. Macroaxis provides Ab Municipal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AAZAX positions. The advice algorithm takes into account all of Ab Municipal's available fundamental, technical, and predictive indicators you will find on this site.

AAZAX Advice 

 
Refresh
The advice is provided from Ab Municipal's buy-and-hold perspective. Please continue to Ab Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as AAZAX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Ab Municipal Income.

Execute Ab Municipal Buy or Sell Advice

The AAZAX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ab Municipal Income. Macroaxis does not own or have any residual interests in Ab Municipal Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ab Municipal's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ab MunicipalBuy Ab Municipal
Sell

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Ab Municipal Income has a Mean Deviation of 0.065, Standard Deviation of 0.0884 and Variance of 0.0078
Our trade recommendation tool can cross-verify current analyst consensus on Ab Municipal Income and to analyze the fund potential to grow in the coming quarters. Please makes use of Ab Municipal Income number of employees, ten year return, as well as the relationship between the Ten Year Return and bond positions weight to make buy, hold, or sell decision on Ab Municipal Income.

Ab Municipal Trading Alerts and Improvement Suggestions

Ab Municipal Income generated a negative expected return over the last 90 days
Ab Municipal Income is unlikely to experience financial distress in the next 2 years
On 30th of September 2021 Ab Municipal paid $ 0.0201 per share dividend to its current shareholders
The fund holds about 95.49% of its assets under management (AUM) in fixed income securities

Ab Municipal Returns Distribution Density

The distribution of Ab Municipal's historical returns is an attempt to chart the future uncertainty of Ab Municipal's future price movements. The chart of the probability distribution of Ab Municipal stock daily returns describes the distribution of returns around its average expected value. We use Ab Municipal Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ab Municipal returns is essential to provide solid investment advice for Ab Municipal stock.
Mean Return-0.04Value At Risk-0.26
Potential Upside0.09Standard Deviation0.09
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ab Municipal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ab Municipal Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ab Municipal or AllianceBernstein sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ab Municipal stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a AAZAX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.05
β
Beta against DOW0.0112
σ
Overall volatility
0.07
Ir
Information ratio -1.78

Ab Municipal Volatility Alert

Ab Municipal Income exhibits very low volatility with skewness of -1.49 and kurtosis of 2.59. However, we advise investors to further study Ab Municipal Income technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ab Municipal's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ab Municipal's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Ab Municipal Fundamentals Vs Peers

Comparing Ab Municipal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ab Municipal's direct or indirect competition across all of the common fundamentals between Ab Municipal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ab Municipal or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Ab Municipal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ab Municipal by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ab Municipal to competition
FundamentalsAb MunicipalPeer Average
One Year Return0.76 %4.15 %
Three Year Return2.40 %3.60 %
Five Year Return2.98 %3.24 %
Ten Year Return3.54 %1.79 %
Net Asset119.79 M4.11 B
Minimum Initial Investment2.5 K976.16 K
Last Dividend Paid0.020.65
Cash Position Weight4.51 %10.61 %
Bond Positions Weight95.49 %11.24 %

Ab Municipal Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as AAZAX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power(9,223,372,036,855)
Rate Of Daily Change1.0
Day Median Price11.34
Day Typical Price11.34
Price Action Indicator(0.005)

About Ab Municipal Buy or Sell Advice

When is the right time to buy or sell Ab Municipal Income? Buying financial instruments such as AAZAX Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Ab Municipal investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Ab Municipal 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 Financials Thematic Idea Now

Financials
Financials Theme
Companies that provide financial services to business or retail customers. Financials theme has 20 constituents.
View All  Next Launch Financials
Please continue to Ab Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Ab Municipal Income information on this page should be used as a complementary analysis to other Ab Municipal'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for AAZAX Mutual Fund analysis

When running Ab Municipal Income price analysis, check to measure Ab Municipal'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 Municipal is operating at the current time. Most of Ab Municipal's value examination focuses on studying past and present price action to predict the probability of Ab Municipal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ab Municipal's price. Additionally, you may evaluate how the addition of Ab Municipal to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Please note, there is a significant difference between Ab Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine Ab Municipal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Municipal'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.